/biz/ - Business & Finance

this is a signal of a trend reversal anon

>>25819815
nope. this is a correction

>>25819995
sure

>>25819995
Parabola is breaking

>>25819995
>he thinks corrections happen on parabolas

>>25819755

first time, newfag?

>>25820128
we are not even close to previous peak. when we are peaking the btc value the previous google trends curve looks like a nipple

>>25820301
Nice

>>25819755
doomers get the rope

OMG all the retards here, typical 1/3 of every bubble: lots of retards come, they are retarded, they weak hands, they miss the bullrun that come after, they buy the top (>80k BTC, >7k ETH) then baghold for >4 years.

I'm living through 2015-2018 all over again.

>>25820128
first time in crypto ? KEK

>>25819995
3rd fibonacci retracement. This looks healthy

>>25820369
This

>>25820318
>>25820385
so we are still at Denial

>>25820128
holy fuck you have such a low iq

>>25819755
Yeah it was nothing, we are back to normal.

>>25820723
learn TA

>>25820665
>the anger of the bag holder
cope seethe dilate

>>25819755
>keeps making lower highs and reaches 27k
b-but the 1 millions

>>25820556
Cycles, even in crypto, don't move that fast. I guarantee you were not here in 2017.

>>25820799
>pic
>Pumping from $250 to $20k in the span of 2 years with multiple very big corrections is the same as pumping from $4k to $40k in the span of 10 months without big corrections
This is a correction.

>>25820874
>We smarter people KNOW bitcoin will rebound
He was right

I'm in deep with the tether fud and set +5% sell orders before bed last night. I then couldn't sleep and thought what the fuck am I fucking around with this shit for. I've a decent job and a mortgage a girlfriend and a baby boy. I revised my orders downward through the 'crash' and sold at 36k BTC 1,130 ETH 15.50 LINK. Feels OK. I'm 10x on my initial investment out and still hold my initial in alts. Weak hands, sure I guess. 100k EOY? Maybe. Would be a weak return now though there are easier trades out there than BTC. I think ether is garbage BTW.

>>25821039
>>We smarter people KNOW bitcoin will rebound
>He was right
not so much since he could have sold the top and bough back next year for 3k way more

>>25821039
>>Pumping from $250 to $20k in the span of 2 years with multiple very big corrections is the same as pumping from $4k to $40k in the span of 10 months without big corrections
last time it was price discovery and organic growth based on normies expectations, this time it was tether pump which in the end cause the normies to buy back at new ath again but soon the exchanges engaged with tether manipulation will get fucked in the ass and normies will run away again

>>25821102
>not so much since he could have sold the top and bough back next year for 3k way more
Way to out yourself as a retard and/or newfag. Sure, selling an asset at the exact tippity top and buying the absolute bottom is better than just holding.

>Bro, just guess the roulette wheel color right 10 times in a row lmao

>>25821236
you can see the top by looking at google trends just like last time, but i guess some are too dumb for that

>>25819755
IT'S OOOOOOOOOGRE!!!!!111

The best part of tonight was seeing so many classic memes from the 2017 crash desu. Bitconnect especially.

>>25821189
>Tether FUD
In 2017 it was China/Korea FUD. If you have been through multiple cycles it becomes so obvious.

>>25821332
>It's another episode of: anon thinks because lagging indicators work when backtesting you can use it to predict the future
Huh, good luck I guess. It's literally gambling trying to predict tops.

>>25820385
been here too long with too many ups and downs on fkin pnk to not know this shit is coming

>>25821482
>It's literally gambling trying to predict tops
isn't holding also gambling by your logic?

>>25819755
they never look at daily charts, they over think and over dramatise

>>25819755
relax, broskis.
blockchaincenter.net/bitcoin-rainbow-chart/
decentrader.com/charts/rhodl-ratio/

>>25822408
>isn't holding also gambling by your logic?
Most people here, even the guy I was replying to, believe crypto will go up in the long run. Actual perma bears are really really rare (not to mention very poor). If you did your due diligence and believe in the fundamentals of crypto, it's less of a gamble and ranging more from an educated guess to a sure thing, depending on how much you believe in the tech/adoption. When looking at it from that basis, trying to time tops is gambling away your ticket to financial independence and certainly not worth it, in my opinion.