/biz/ - Business & Finance

>>27625899
Take meds now.

>>27625899
what chart is this?

>>27625899
this whole image is genuinely retarded do you not understand the precedent of the 2018 pump and what carried it's weight and this pump?

>>27626074
rice futures
all of /biz/ is in on them

>>27626074
BTC

I'm going to run a chimney sweep lathered in castor oil up OP's sister's asshole
Do this information what you will

>>27625899
based, fuck zoomer moonbois

>>27625899
Mate..... look at the first chart... see those bumps on the way up? Each of them stopped thousands of retards like you from making it. Please don't do it again. You are trying to call the top of an 10 year exponential growth cycle GOOD LUCK

>>27625899
how about no?

>>27625977
>>27626103
>>27626559
>>27626607

Don't listen to these retarded faggots. Sell everything now. Don't say I didn't warn you.

>>27626843
i can't sell. nobody's lining up to get dumped on. can't find any buyers

>>27626843
>Sell everything now.
I'm not touching my cold wallet before 2030
You are going to miss out

>>27625899
I believe you anon that BTC will crash
Will other cryptos dump as well?

Trying to think of where to park my money during the crash

>>27627093
wow no dips in 9 years. this thing is going straight to mars huh.

>>27625899
>>But this time it's different

>>27626843
Why would we listen to you when you've been nothing but wrong? Give me your address so I can burn your house down. You will face justice you little fucker.

>>27626843
>sell everything now
you won't get my bags, sorry you have been priced out forever

>>27625899
Will this affect none BTC coins?

>>27627365
No anon market just repeats history all the time, that's why copying the past is a certain winning strategy that everyone uses

op i'm with you on this one. The blood bath is coming. Those fags are going to get massively rekt. all shitcoins are pumping like hell, this is the final sign of a bubble (i read that a week ago about penny stocks). Buckle up and be ready for the dip in 8 months when they will commit mass suicide lmao

>>27625899
I'd agree with you OP, but honestly with Biden as the new President, I kind of assume the US is gonna issue even more neetbux to everyone, which means there'll be alot of pumping

>>27627718
Anon real economy is collapsing and people are rushing out of it, into crypto. You damn right that collapse is coming, collapse of stock market, that will lead more people into crypto

LMAO literally check all previous rallies' 1D MACD
they all had one small MACD cross after the peak/ before the dump

>>27625899
OP. The worst that can happen is that we have to hold for 4 years. Its still gonna go up.

>>27627718
>op i'm with you on this one. The blood bath is coming. Those fags are going to get massively rekt. all shitcoins are pumping like hell, this is the final sign of a bubble
Where are you going to park your money though anon? Can't buy put options like with stocks

>>27627777
possibly true, can't fight the fed.
0.25% interest rates indefinitely
1.9 trillion stimulus plan. bull market continues and every retard makes money if it passes.
>>27627895
stocks and crypto are 90% correlated. you're banking on a 1/10 chance that this time it's different. bitcoin follows the stock market into the shitter.

>>27625899
>I am hodling
Do with this information what you will

>>27626843
>sElL eVErYtHInG, LooK aT MY ZoOMeD iN cHaRT

>>27625899
I T S D I F F E R E N T T H I S T I M E

Either I lose my $120 paper hands or I hold and buy more after the crash and become a memecoin millionaire in a few years.
Right?

>SeLL eVeRYThing!!!!!

>>27628206
kek whats a humpback? based chart though

>ItS CrAsHinG!!!

>>27628734
An entity with more than 5k BTCs

>trillions pumped into the economy
>8 million redditors just realized how manipulated fiat is.

I hold and stake.

>>27625899
ftfy

>>27625899
>every retard in the country has $1400 incoming
this is unironically a cup and handle

>>27625899
>BUT BUT BUT SOME INTERNET SHILLS TOLD ME ITS GOING TO 200K!
im so tired of the fucking smugness and euphoria in all markets. i honestly cant wait for the big guys to start dumping their bags on all of you and obliterated all you faggots that are balls deep in this shit. cant wait to see you all neck yourselves, fucking greedy fucking animals

>>27629375
Capped, going to post it at 100k lmao

>>27626238

>>27626559
Not him and not selling but what's a good play here? Obviously we are nearing the end of the musical chairs and I don't want to be left without a chair when the music stops.
I'm doing good right now but I would like to learn from previous fuckups where I sold early like a bitch.
Do we wait for a clear decline to set in and then sell?

>>27626074
how can you not know? It's GME you fucking retard

>>27629087
Crab bros check in

>>27629725
this place is so full of bad advice.
everyone tells you DCA but they don't tell you about portfolio allocation and rebalancing. look into that and why people do it for stocks and it becomes obvious

>>27629935
I'm kinda already doing that to some extent (not perfectly but gittin gud) but wouldn't a collapse negatively impact the entire bag?
That's what happened last time round in 2018 as I recall.

>>27629295
this

>>27629375
lmao corporate world is going all in as we speak
imagine being so fucking dumb
>>27628794

>>27629725
wait until normies get the $1400 checks, once you start seeing headlines about BTC going up after that then sell
note: if they go with monthly checks or some other crazy shit then I don't fucking know, probably take profits to buy ammo

>>27625899
meme or not this chart has made me thousands

>>27629935
>everyone tells you DCA but they don't tell you about portfolio allocation and rebalancing.
100% BTC and you don't need any rebalancing, just DCA and hold for the next decade

>>27629725
The #1 thing that signifies the end of a bull run is the lack of new money coming in. Do some research and find a chart showing this.

>>27630104
that's why you tailor it to your risk profile. crypto retards stay 100% crypto (33%link,btc,eth) and hold to the bottom, someone considered moderate might go 10% stablecoin, a rational person would rebalance 50% stablecoin-fiat/crypto. and me well i'm gambling and already in 90% usdc

PANIC SELL
PANIC SELL
PANIC SELL

>>27625899
b-but elon musk!!

>>27629298
who gets the 1400? every adult?

>>27629886
*snib snib*

>>27630243
>institutions get out before most profit is done

hmm?

>>27628206
how does that happen?

>>27625899
Fuck off bobo

>>27629087
doge whale reporting in

>>27625899
it also aligns perfectly with the eth futures coming feb 8th

>>27630164
>microstrategy
>entire corporate world
fucking go neck yourself you stupid fucking shill

Do deniers in this thread really think that we’ll be pumping forever? And that the chart will never stop booming?

OP is right. Get tf out now, we’ve been booming like crazy, it’s time for a loooooong summer of dumps and pink wojaks.

>>27628029
Lol yes you can.

>>27630581
Institutions, high net worth individuals and family offices adding BTC exposure to their portfolios.

>>27630243
I was seriously considering we're in the "return to normal". There's no more bobo threads and everyone is looking to the future, problem is BTC hasn't hit a new ATH and shit coins like DOGE have pumped hard. Normies everywhere, I don't know.

>>27630783
Always curious when I see posts like this: how long have you been in crypto?

>>27629375
Doesn’t matter what you tell em. FOMO is a hell of a drug and markets need people like that. They will see something up hundreds of percent in a short time and rush in to buy it then end up being left with the bag when it inevitably crashes. .

>>27625899
post short

>>27630392
>a rational person would rebalance 50% stablecoin-fiat/crypto
I'm already close to that so looks like I'm finally learning not to tard and lose. Not quite 50% yet because I want to ride some more and frankly this year has already been pretty fun.
And dude, 90% already in stablecoin is pretty fucking risk averse but you do you and sincerely thanks for the advice.
We have to strike a good balance between missing the run and not getting dunked on like faggots.
I missed out last time because I cashed out super early like a stupid fuck. I just hope I don't push it too far the other way this time and get fucked up the anus by hodling all the way down. I might DCA in reverse (actually already starting doing this desu).

>>27629789
this is literally bitcoin you fucking moron

>>27625899
LMAO crypto anons are as deluded as GME redditors. They mocked GME kids but will fall in the same trap soon

>>27630300
I have no idea where to even start looking for a chart that explains how much money is coming in but I'll have a look, thanks.
>>27630202
This is decent advice, thanks. Already taking profits gradually, not in a rush like last time.

>>27631039
3 years maybe. We’re obviously in a bullrun, things don’t last forever. We will crash by April. Mark my words.

>>27629725
Don’t worry about being perfect with timing. Studies show if you can buy in the bottom 25% and sell in the top 25% and do it consistently you will not only outperform the market but also the vast majority of all traders. Problem is nobody knows where that is ahead of time and that’s the whole game.

>>27626843
Why do you care so much about controlling my finance though?

>>27631169
>>27630996
>>27630783
So, given the chart currently looks like this, you guys would all sell now?

>>27631299
no shit anon, well done, you're a fucking genius

>>27630300
>>27631378
i posted one here >>27626931
but it doesn't mean much because it's backwards looking and assumes the trend continues downwards.
there's nothing that will accurately predict how much money will go in for the future

>>27631447
Solid and logical advice man, thanks.

>>27630577
Selling early is very important. When something starts to crash the bids disappear and it free falls. Especially when you are a large holder you need to sell into rallies when people are panic buying with good volume. When sentiment changes you go from lots of buyers to none very quickly and by the time you realize it prices are dramatically lower.

>>27631521
Yes, because we didn't get in at $1, you faggot

>>27626931
Thanks again

>>27631553
thanks nigger

>>27631378
>>27631447
timing the top is always harder than the bottom but i've caught every single bottom. down to march 12/13th whenever it was. didn't move it till a week later when i was home. i was on vacation in the US, unable to access bitmex AND locked out of my spot account and still managed to buy 3.
even if i sell too early i don't care cause i'll get the pullback or buy some other meme shit.

Agree this is one huge bubble... if you weren't there in 99 and 07 you can't see what you have in front of you. We are in a asset bubble everything is overpriced and a correction is coming...wither you play the long game and win, or you FOMO now and loose the biztard way (buy high sell low) and post your pink loss ponr wojack.... up to you to understand the fundamentals of money mechanics

>>27631957
So based on the current situation:
>>27631521
You’d recommend selling now?

>>27631839
Another point to this is this is one major benefit of allowing people to sell stuff short. It creates natural buyers when a thing goes down as they buy to cover at a profit. Just an aside for why those people who hate short selling are ignorant. Short sellers create buyers when stuff goes down rather than just a bid less void.

>>27625899
Thats the BTC chart though. Who cares

>>27631957
what were you playing with in '07? for me it was oil stocks and solar panel companies while things like amzn were being fudded into the ground

>>27630849
wouldn't that increase the supply held by whales too?

>>27627718
All of these new bandwagoners and young, first time investors are going to need to sell their crypto for lunch money when they realize they're bankrupted.

>>27627777
Then again the bubble might not burst until after the neetbux are spent.

>>27625899
seventy-sixth post best post

>>27632271
Can you give your opinion on this post? >>27631521
Should I sell?

>>27632254
Not necessarily (existing whales reducing their positions) but in this case the supply did rise

>>27631299
you're a newbie, go back

>>27630496
they're talking about means testing and a cutoff at 50k, meaning only the poorest and most retarded
get your normie shitcoin engines warmed up now so you can pump and dump - pick one that's cheap and easy to buy

>>27632674
How can I learn to start recognizing chart patterns? And how do people figure all of this shit out like what you said, or how much of a company's stock is shorted and being moved around, etc.

>>27632682
im rich

>>27626607
This chart proves OP retard. It will be another three years before the next bull run

>>27633015
Podcasts, crypto twitter, glassnode blog, etc. This is the most brainless way to make money tho

>>27627208
imagine trying to play bitcoin
in 10 years bitcoin is going to be worth 10-30x what it is right now and youre going to miss out because youre forever out of the market waiting to buy le dip
If youre not gaining satoshi value youre just fucking yourself and if you are gaining satoshi value its because youve been lucky so far

>>27633376
Anon I think you should update your chart.

>>27633376
Sorry, following chart patterns you mean? I'd like to be more serious than the PnDs I've been taking advantage of around here, but it's difficult to know where to start with all the misinfo around. "Whitepages" are only as good as your mathematical and technical knowledge of the subject, I would think.

>>27633376
>growth is infinite meme
ngmi

>>27631521
>>27632433
yes, I would sell. I sold yesterday and will wait now for cheapies after a market correction

>>27633699
I’ll leave this here

>>27628206
Volume doesn’t mean anything, they are short selling now.

>>27627531
Yes newfag, alts loose 98% of value when btc shits itself

>>27633876
Ok so based on my current chart, I should sell?
>>27631521

>>27633730
Thanks for the advice

>>27631521
depends. am i the one running the scam and filling the internet with crypto shills to get retarded dumb money in? am i the one running the tether scam? am i the one owning all the mining equipment? then no i would not sell.
anything else yes since im just getting the scammers mentioned above rich

Anyone that does not believe we are in a crypto bubble and it's going to pop is delusional.

>tfw not trying to time the market
>just setting recurring weekly buys and letting them roll

Dip rise idc. If it crashes I'll just get more from my buys.

>>27634177
Thanks

>>27634190
Ok so can u take a look at >>27631521 and tell me if now is a good time to sell

>>27630717
oh yeah, Visa and MasterCard too, one by one all corps are going to switch

>>27631521

I'm not gonna lie dude, I have no fucking idea when to cash out, I sold 2 weeks ago, so I was way off, took profits and feel okay about it at the end of the day I made a decent chunk of money and now I'm watching the market so next time I'll be ready. Who knows how low and how fast it will come down, end of the day someone has to hold the bags and at least I know it's not going to be me, number 1 rule is take profits. That chart isn't a meme and it looks exactly like market is now, I'd feel retarded as shit knowing that it was right in my face and I just ignored it.

>>27633629
Where are we now

>>27625899
https://www.lookintobitcoin.com/charts/rhodl-ratio/#:~:text=RHODL%20Ratio%20looks%20at%20the,market%20in%20number%20of%20days.
IFYKY

>>27626074
always assume it to be bitcoin newfag, it's the king

>>27629295
did you just use a white circle to highlight a white background?

>>27631337
>comparing a major revolution to a bankrupt retailer
ngmi

>>27633285
Anon, the first chart ends in july 2017

>>27634394
except in your chart there was a clear bottom and 800 days from the bottom until that dip.
youre comparing that to a rise a same rise in price in only about 300 days and when the market didnt have a clear bottom because retarded gamblers decided to pump btc from 3000 to 14k for no fucking reason.

fuck off you stupid cunt

Usually there's a few more months after the halving before the true peak is reached.

>>27635298
Can you type "I sold all my bitcoin because it’s going to not go up significantly this year", and I’ll screen cap it.

Guys, we just have to look at every loser and his mother on this board to see that everyone is over hyped, over enthusiast, expecting his shitcoin to x 10 as if this was the norm. My first and only real investment was silver and it took 5 years to x 2.Not saying you can't do better but most of you have lost touch with reality. Investing requires some high brain power and independent thinking, this is a difficult exercice. Most people can't do that, most of you will buy the top and avoid the dip. Because you need to go against herd instincts, and your own emotions. It's like in poker, everyone thinks they are the shit but in the end 95% of players lose money. Took me 10 years to be a regular winned in poker. Investment isn't different, it will take you years to be a good investor.

>>27626843
same post every day
"sell now!"

>>27635039
So we’re approaching the top but still not there?

>>27635949
i sold all my bitcoin because this shit is a shameless scam being pumped by counterfeit USD that will get rekt in the ass very soon and all you delusional animals wont be able to time the exit because when the music stops it will go down -80% in a single day.

bonus: go check the date of the 2013 cycle and the date tether appeared in the market. go fuck neck yourself you subhuman greedy animal

SELL SELL SELL

INVEST IN ETHERCOIN

>>27636311
*2013 cycle bottom and first day tether started trading

SPOILER: ITS THE EXACT SAME DATE

>iT's CrAsHiNg
Yeah, upwards. Buy and hold nigger.

>>27636311
Capped. Expect to see this post in a cringe collection when we reach 100k later this year. Nice tether fud btw, totally invalidates all the other charts I posted.

>>27636710
but will you post it too when this garbage scam blows in your face and you are forced to go live on the streets?
i cant wait to see you all necking yourselves, specially the microstrategy nigger. i will unironically go to his office just to see him jump off the building

are you bears entering USDC or?

>>27636202
Looks like it, although the market is so fucking bananas right now that there really aren't any certainties. But right now, BTC is still a long-term hold for a lot of people and with all the fuckery and manipulation going on in boomer stonks rn I don't see anything except a huge market crash driving people to sell.

>>27625899
Thank god I can finally get into crypto soon

>>27636998
Stay poor

>>27626931
Thanks gwyn

Unclench your buttholes, we're just getting started. Strap in though, because it's going parabolic

>>27637843
>>27637950
>>27638128
>>27638234

>>27626843
just because you're a pinkie doesn't mean you should make everyone else as well you gigantic faggot

>>27625899
things are different this time. 2017 bitcoin went from being relatively unknown to every normie talking about it. This time everybody already knew about bitcoin, but they decided to trust in it over government money or the stock market, and that isn't gonna change any time soon, not until corona is "over" if such a thing is even possible at this point, most likely this will just go on for decades

>>27627423

Spicy meme, so comfy.

>>27627777
Nice. Impressive.

>>27625899
did 2017 have infinite money printing?

That would be insanely bullish if it bottomed near 20k. Lmao this is good for BTC unironically.

>>27639384

Agreed we are very much still in the "institutional money" phase. Theyre all still accumulating.

aren't the chinese going to dump it for new year starting this week they dont have neetbux

>>27625899
It feels different though, in 2018 hardly anyone even knew what crypto was or even showed any interest... now in 2021 everybody and their mother asks me about crypto since I’m the token tech guy in the group that actually mines. How to get in, how to buy, how to set up mining rigs an wallets. The “bubble” is here to stay normies are losing faith in the financial system

bull trap is going on right now
stay safe frens

aren't we more in the enthusiasm stage? It feels similar to 2017

>>27635145
no he erased a yellow circle and made a new yellow circle

>>27626843
In case of a recession you need to be liquid to buy those assets low.

>>27625899
Idiot, now's actually the optimal time to buy

>>27625899
You need more than one occurrence to make a pattern