/biz/ - Business & Finance

You wait until it rises again.

Eth will not rise. It will continue falling. Cash out before it's too late.

You make it back on https://t.me/beyondmars

Really happy. I was just about to start buying in for the first time yesterday but put it off.

it's down 7% and seems to be heading down further still.

Will buy in after I figure out when the drop stops

>>2597308
Contact GDAX

They refund faggots like you if you cry moar

I WANT MY FUCKIN MONEY BACK

REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE*inhales*REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

It's going to dip below 150, at least. Keep in mind, it was trading at $10 just six months ago. It's up 5000% year to date. Do you really think that is sustainable?

All the normies just rushed in. The dumb money just bought, and the dumb money thinks eth is a steal below 300, because they've never seen any different. They're going to buy, and everyone who's not a fucking normie faggot is going to use them to cash out. The price is going to crater over the next two weeks.

>>2597845
Why? Isn't it a huge amount of new money who will just hodl and not sell any?

>>2597853

No. Keep in mind, there is an enormous asymmetry between new and old money. Old money bought in in the ICO, or in the $10 range. New money is buying in at $300. That means their dollars go 30x less far than the initial investment of oldtimers, at least.

The balance between oldfags selling and normies buying in has been in favor of the normies, because the oldfags are holding. But now that the price is clearly plateau'd, people will start taking profits. People who've been holding since the beginning have serious fortunes to protect now. They've got lambos to buy. There is no good news on the immediate horizon for eth, and the price can't break 400. Holding now, if you're an oldtimer is picking up pennies in front of a steamroller.

>>2597363
Good luck with that

>>2597870
I thought they had some bullshit announcement or something. I read about banks and shit using their technology or whatever.

There were a few articles about there being a value point around what it currently is.or the market has determined its value. There has been a lot of media crap about crypto recently. I saw an economy investment magazine today in the shops with bitcoin on the cover. Im expecting an input of new money. Not the jump like you say of 10 - 300 but enough to keep my gains solid over the next year.

How has anyone lost money on eth?

>>2597308

I don't understand... You speculated poorly and you lost money? There's no refund for stupidity.

Otherwise, you can deduct capital losses from your taxes. Capital losses can be deducted against any amount of capital gains plus up to $3,000 a year of “ordinary” income, like salary, dividends and interest.

Ya'all retards. HODL

>>2597987
Its freefalling right now and has been for the past few days.He probably bought into 'buy the dip' memes

>>2598061
its been a steady 250 or so since all the shit last week. The daily fluctuations today at least seem only around £20

>>2597363
>You wait until it rises again.
this or write it off as a loss