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/biz/ - Business & Finance


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26679784 No.26679784 [Reply] [Original]

What the fuck is going on with BTC, ETH, LINK, and GRT.

I'm not exactly losing money hand over forty but it's trending downwards with worrying consistency. Do I bail?

>> No.26680093

>>26679784
idk i just work here

>> No.26680202

>>26679784
Are you a newfag?

>> No.26680461

>>26679784
Yea bail now, quickly

>> No.26680488

>>26680202
I feel like I should say "obviously". But, yes. I gave into the fomo after pic related being very applicable to me.

>> No.26680518

>>26679784
Why lump in GRT with the rest fucking shill

>> No.26680650

>>26680518
Because it's also down?

>> No.26680728

>>26680518
this
grt is an absolute shitcoin

>> No.26680756

>>26679784
Can you not hedge your BTC positions, by opening short positions?
Why sit and lose value?

>> No.26681055

>>26680518
He may be in grt. Not every thread is a rubic/ block rupee rocket thread. Some of us like what were seeing in grt.
I'll say, I've never noticed grt people shitting up every other unrelated thread. We keep to ourselves and talk about crabs and delegating.

>> No.26681148

>>26680488
Explain.

>> No.26681368

>>26681148
I almost bought $2k BTC when they were barely worth $100. Said internet money will never take off and now it's this year. I'm just getting in in case people saying that the $1mil EOY is accurate.

>> No.26681687

>>26680756
I'm probably newer than op, and don't feel like hedging against absolute uncertainty over a 10€-50€ loss. Don't want to realise the losses just yet.

>> No.26681835

>>26679784
biz is a stocks board. dont talk about internet funny money here

>> No.26681919

>>26679784
At the moment some people are selling to FOMO into Gamestop
Gamestop is temporary
Bitcoin is forever

>> No.26682254

>>26679784
Tbh I'm also thinking to sell my 35k GRT stack and buy it back at 40 cents, but there's literally no guarantee that GRT will crash hard to that price. I guess I'll wait for a few hours/days to see where this whole market is going. I have a feeling SEC or other governmental institution will sanction WSB, and that shit will bring the markets - both stocks and crypto - to the reds for a few weeks/months. Hope I'm wrong.

>> No.26682588

I hate newfags.

I’ve been holding link since 2017. I held when it dumped from $1.10 to $0.20 and I even bought more. I’m now up $400,000 from an initial investment of around $3000. Time in the market > timing the market is not a meme.

Really, you should try to minimise the number of decisions it takes to become a multi-millionaire. The more decisions and actions you take the more risks you are taking. That’s why simply buying LINK (Or ETH / BTC depending on how early you are) and holding it is the best way to make it. I know that link is going to $1000 eventually so why would I take the risk of swinging when I already have sufficient link to make it when the day finally comes?

Newfags don’t understand this. Keep chasing pumps.

>> No.26683024
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26683024

Personally, I'd wait and see what BTC with this triangle.

>> No.26683341

>>26683024
It's only down from here. The last leg isn't finished, it will sink to 28k.
Then... moon, or floor.

>> No.26683420

>cryptofags are cryptofags because they're too dumb for stock market fundamentals and and cryptos have higher potential for rapid profit
>all of the sudden meme stocks start being massively pumped and fundamentals stop mattering, it's all a gamble and the profit margins are even higher
>cryptofags take their money from crypto and go all in on meme stocks

thats it, really. im going to ride out the GME hype, take my profits and go all in into bitcoin that will be like 20k at that point. who's with me?

>> No.26683498

Nobody fucking cares about crypto anymore. Wait until the GME hype is over.

>> No.26683620

lol you still try to hold profit with this fake shit that they show /biz/ thread
lmao don’t be a fool so much best coins now
go for $$ with xsn staking and thank me

>> No.26683663

>>26681055
There's such a joy in being right.

GRT is providing a service that is unparalleled by any other protocol on the market.

I'm in it for the long haul. I have school and work to worry about day to day. We'll make it in due time, not in a week like some of /biz/ seems to believe.

>> No.26683794

>>26683420
Me. Based strat

>> No.26683857

>>26683024
Yup, been watching that as well. I think a lot of people have. Based on volume I'd expect a drop, and a good chance to increase holdings.

>> No.26684237

>>26683024
the bottom isn't valid with only two touches lol how newfag can you get jesus christ gtfo kid

>> No.26685006
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26685006

>>26684237
>the bottom isn't valid with only two touches lol how newfag can you get jesus christ gtfo kid

>> No.26685695

>>26683857
>Based on volume I'd expect a drop
Because the volume spike is smaller approaching the bottom is smaller than on previous drops or why?

>> No.26685772
File: 1.43 MB, 1920x1080, 1611370834543.png [View same] [iqdb] [saucenao] [google]
26685772

>>26679784
They are putting their money into GME right now.

>> No.26686958

>>26682588
>Time in the market > timing the market
Checked. One of the very few wise people on this board. If you think something is going to rise over the long term then you don't allow normal market undulations to bother you. Get in early and hold for years.

>> No.26687508
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26687508

>>26679784
Are you actually a retard? How did you get into this? Have you looked at the market? Do you understand patterns?

Heres a chart for you to study. Maybe dont watch every hour if you arent into buying dips.

Offload everything at peak for stable coin if you have limited funds and buy in these dips. Dont play with GRT thats a long haul slow investment for people to stake with.

>> No.26687648

>>26681919
Exactly this. When everyone makes there profits on GME it will come back into Bitcoin. Honestly there is probably a huge overlap of people who are into bitcoin and buying GME.

>> No.26687706
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26687706

>>26679784
stimmy checks are coming next month.
Gonna push us past all previous all time highs.

>> No.26688047

>>26679784
>two pizzas
>two kids

>> No.26688133

>>26682588
this is a very accurate and thoughtful assessment

>> No.26688227

>>26679784
Everyone with money is throwing it into GME right now. Once this squeeze goes on by we should see the bull run finish up.

>> No.26689520

>>26679784
>trending downward
I got in LINK when it was $0.35, newfags like you should lurk more.

>> No.26690299
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26690299

>>26682588
checked and based