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/biz/ - Business & Finance


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28307250 No.28307250 [Reply] [Original]

Oh, wise oldfags, I have a question for all of you. What was the crypto crash of 2017 like? What are the some of the warning signs I should look for that crash 2.0 is imminent?

>> No.28307545

crapto was on the news and celebrities twatter about it

>> No.28307642

when you feel it's too good to be true, mass euphoria among peers, discussing about when to cash out

>> No.28307737
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28307737

>>28307250
Pretty based ngl, all the normies got fucked and roped. Bought the dip

>> No.28307812

>>28307250
It truly was the top when it got on european news and euro TV channels were all onto the bitcoin euphoria.
So far, no french news on it, so I'm definitely not selling even if it's live on american TVs and celebs talk about it on twitter.

>> No.28307840

>>28307250
The crash seems obvious when looking at a chart now, but when you're in the middle of a crash, it just feels like a prolonged dip that you're waiting for to go back up because you're so used to the volatility.

Only months later do you realize it was a crash when less than 10% of your portfolio's value is remaining.

>> No.28307860

>>28307250
>What are the some of the warning signs I should look for that crash 2.0 is imminent?
When you start seeing actual normalfags and boomers start buying BTC, then you jump ship.
I estimate this will happen at around the 100k mark.

>> No.28307877

>>28307545
Jesus christ... we're already starting to see the beginning of that. How long do you think it'll take for crypto awareness among the public to reach terminal velocity?

>> No.28307947

>>28307877
2-3 months, maybe less.

>> No.28308001

>>28307250
crash is for june, dont forget this comment

>> No.28308023

>>28307877
don't know anon, this time could be unironically different with tesla getting into bitcoin, maybe other corporation will join

>> No.28308054
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28308054

>>28307860
>he thinks normalfags didnt already start buying when it passed 20k
>he thinks hes not one of the normalfags setting ridiculous price targets like 100k

>> No.28308120

Tonight BTC will be on the news in my country. So this is it ? Wait for the normies/newcomers to pump with 50-100% then sell bags ?

>> No.28308170

>>28307250
>What are the some of the warning signs I should look for that crash 2.0 is imminent?

Normies will buy in, and the volume of new buyers drives the price high.
One day, the price drops by 10% becuase it's btc lol, and every single normie panic sells, causing it to drop by about 75%.
Normies are scared away, and it'll level off interest for another few years.

>> No.28308196

>>28307250
blacks and women shilling crypto was the beginning of the end

>> No.28308198

>>28307250
We are nowhere close to a crash. This is the market coming out of the trap that we were in after the top a couple years ago. We are entering a new phase of investors - get ready because this is where things get vertical - we will be steady growing for atleast 2-3 more months. Alt season is unrironically really starting this week - many whales have started reentering the alt markets - get ready. Stock up on things like Link, AVAX, FET and others that are new platforms for services of the future.

>> No.28308280

>>28307250
total histeria people selling cars houses wifes
constant coverage in tv people started to be more greedy and greedy they belived we will go to million in the next months and so on when
total mania looking at it restrospect it is insane

>> No.28308321

>>28307877
Good thing you noticed. The warning signs are already here: celebrities endorsing crypto and hairdressers dipping in and telling all their friends. Analysts believe this will be a double top bullrun like in 2013 so not like 2017. So I expect the first top at 50k, a couple of months dipping and a new ath to 100k+ at fall/winter

>> No.28308331
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28308331

>>28307250
>2017
>old fags

>> No.28308340

>>28308120
pretty much
we're still in a bull market so we have some more time (if the global economy doesn't crash)
just be ready to take profits when things start to seem to good to be true

>> No.28308345

>>28308054
>ridiculous price targets like 100k

You said the same thing about $1000, didn't you?

>> No.28308371

>>28308054
>>he thinks normalfags didnt already start buying when it passed 20k
Yes, some of them have just started buying when they saw daddy elon buy some up. Just wait when Apple buys some too, normalfags love following faggy companies like that.
>>he thinks hes not one of the normalfags setting ridiculous price targets like 100k
How is 100k ridiculous? 5 months ago 50k would have sounded ridiculous but here are with ATH at 48k. We've been following S2F perfectly thus far.

>> No.28308377 [DELETED] 
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28308377

>>28307250

Great

>> No.28308386

>>28307250
honestly the media/social media environment is pretty similar rn, but we're getting more institutional investment
but also a large portion of the institutional investment is just to hedge their shorts

if you're really concerned about taking profits, then take them. you will never time the top.

>> No.28308478

>>28308331
real old fags from 2010-2011 /g/ wouldn't waste time posting on biz, they are all multi-millionares by now

>> No.28308549

>>28307250
customer asked me if we take btc

>> No.28308553

>>28308345
>>28308371
if you think we're hitting 100k before a year + long bear market after this breakout, you havent been in btc that long and think 2017 is oldfag
vvvvvvvv
>>28308331

>> No.28308619

>>28308553
>if you think we're hitting 100k before a year

Where did I say anything about a year?

>> No.28308627

>>28307250
Anyone who tells you they know when the crash will occur is lying or LARPing anon. There are signs as to where we are in the markets but don't delude yourself to thinking anyone has any knowledge, and most importantly DYOR and don't listen to people on the internet when it comes to financial advice. We are all playing a zero sum game here and for me to win others must lose. And buy GRT. And always do what /biz/ says.

>> No.28308628

>>28307250
>What are the some of the warning signs I should look for that crash 2.0 is imminent?
literally what you are seeing right now lmao

>> No.28308647

>>28307250
We're not there yet. When you see MSM talking about it non-stop then you know we are nearing it. What we're seeing now is just murmurs compared to 2017. GME a few weeks ago is probably the best analog. Also 2017 isn't "oldfag".

>> No.28308766

For me it was when the nigger crossed the delta on the monthly

>> No.28308773

>>28307250
People that are retards and should not know of crypto are buying, that is the sell signal. Crypto been talked in main television venues, like popular retarded shows for moms and boomers.

>> No.28308873

What happened to the major altcoins during 2017/18? Besides Link, did any survive the bear market or did they fade into obscurity?

>> No.28309056

>>28308647
problem with msm is that we had other more important distractions like the corona, blm/antivagina protests and the elections and if that wasn't enough crypto isn't an absolutely new thing anymore so there isn't the need to explain too much about it anymore, but we still had significant reporting since we hit new ath
though again this time is different due to institutional addoption by tesla and that other shit literally who company

>> No.28309075

>>28308553
You said the same thing when we first 41k, then again when we made a double top. I would've agreed with you if we didn't break through 41k, because of that I'm now convinced that the 33k floor was a bear trap. I would love a bear market right now, but it's not, we're in a bubble and it's going to continue to bull.
>you havent been in btc that long and think 2017 is oldfag
I've probably held crypto longer than you, faggot.

>> No.28309203

You can't compare 2018 to 2021 for the following reasons

>$1 ETH/BTC buyers sold ages ago for the most part
>2020 showed a tremendous increase in normies using the stock market and interested in finance, which lead some of them to crypto
>coorporate "adoption" on the rise (ie: paypal has crypto, normie investment firm buy crypto, etc...)
>crypto came back from the 2017 crash, which makes holders more comfident knowing it will eventually come back no matter how hard it crashes

A correction will happen sooner or later, but I doubt BTC will go below 20k or even 30k ever again.

>> No.28309206

>>28308873
a lot of them survived and still develop
they should also likely be the coins that you should buy right now

>> No.28309278

>>28308873
Real projects survived, some may even say they thrived from a development standpoint, but the prices got absolutely demolished. Be prepared to baghold and average down on your solid projects

>> No.28309288

>>28308054
Funny how all you beartard faggots said it couldn't break $20k, yet here we are.

>> No.28309290

>>28308873
All pretty much died. BNB also did alright

>> No.28309366

Newfag here, I've made good gains but don't want to lose them when the dump begins. I understand my alts will be with shit then, so am I supposed to set take-profit orders at some thresholds and swap to tether?

>> No.28309369

When we crash, isn’t that the perfect time to DYOR and stock up on shitcoins?

>> No.28309415

>>28309203
I’m ready to take that bet that btc will cross 30k ever again

>> No.28309422
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28309422

>>28309075
>I would've agreed with you if we didn't break through 41k
>we're in a bubble and it's going to continue to bull

>I've probably held crypto longer than you, faggot
sure thing buddy, do you want a juice box?

>> No.28309423

>>28307250
People in my office started asking me about it and downloading coinbase

>> No.28309442

One thing I remember was that the bitcoin dipping didn't immediately signal the end of the moon missions for alts. Vechain and Icon still had some pretty ridiculous pumps in January.

>> No.28309450
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28309450

>>28307545
>>28307812
>>28307860
>>28308170
Why is normie adoption/copious news coverage a signal? Is it basically saying that the fringe buyers that can buy have bought and momentum is being lost? Is it a point where non fringe buyers start to think about cashing out?

>> No.28309481

>>28309278
also this if you did buy some new projects for long term be prepared that you will be holding bags in the better case in worst case the project will die

>> No.28309487

>>28309366
I hear USDC is better, Tether is good for trades but the company is kinda shady

>> No.28309488

>>28308553
We are hitting 100k this year
Stop attributing yourself to oldfags you larping anus tonguing bobo

>> No.28309511

>>28307250
people like you. not to be rude.

>> No.28309527

>>28309288
desperately need to assume im the same enigmatic eternal bear that fudded 6 months ago, not someone who isnt a bull nor a bear, simply a realist who is successful at dumping on permabulls

>> No.28309539

>>28308386
One thing I've been curious about lately is the investment in BTC by big institutions. Was that even heard of in early 2017/before the crash? Or is that an entirely new phenomenon for the current wave we're in?

>> No.28309594

There might not actually be a crash this time and if there is it probably won't be as bad as the one in 2017.

>> No.28309603

>>28309488
if you guys wanted proofs we're invaded by normies
there you go

>> No.28309633

I remember sitting around with my then girlfriend's (now wife) family. Her retard brother was asking me how to invest in bigcoin. It crashed about 2 weeks later. He hasn't asked me again yet. Once he does I know that's my signal to sell.

>> No.28309644

>>28309442
The entire alt market mooned after the BTC peak, starting with Eth

>> No.28309674

>>28309450
>Why is normie adoption/copious news coverage a signal?
because who is left to buy after even the most retarded normies have already gone all in

>> No.28309683

>>28307250
It's like a dip that never undips, it just keeps dipping, and eventually you stop checking your portfolio. Also, projects cut loose non-dev workers so communities and marketing feels abandoned, so you think the project is dead until 2 years later they pop up as AAVE but it's too late because you already sold off your LEND as bitcoin REEEEEEEEEE

>> No.28309699

>>28309633
Checked.

>> No.28309733
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28309733

>>28309422
Continue with no argument faggot.
>>28309450
Historically normalfags are always the last ones in.

>> No.28309757

There will come a time where mass media coverage isn't just a short term thing before the crash, but a constant.

Blockchain won't forever be just that weird le dark web drug money internet thing.

>> No.28309761

>>28309539
No, there was institutional investment in 2017 too.

>> No.28309798

>>28309366
>tether?

won't tether be a part/factor of the crash?

>> No.28309813

>>28307250
Exactly the same as now. Friends calling you to ask about Bitcoin, celebs tweeting about it, everything going up, people saying that this time wont crash, etc

>> No.28309843

>>28307840
>months later do you realize it was a crash
Fucking this.

>> No.28309864

>>28309539
It was not widely adopted or accepted as a store of value then. Now it is. It's set to replace the dollar and yuan as top currency.

If there is a crash it won't be for a fundamental bitcoin-centric reason. It'll be because the world economy is crashing.

>> No.28309866

>>28307250
when no matter what u hold u got 3-4x in month

>> No.28309963

>>28309864
>If there is a crash it won't be for a fundamental bitcoin-centric reason. It'll be because the world economy is crashing.
This is retarded.

>> No.28309964

>>28308478
I'm from back then, I remember the threads, everyone was posting their btc address, it was so spammy. I was too retarded to profit like a madman off it, I sold my btc when it "spiked" to $70.

>> No.28310023

>>28309511
Damn... this is the thought that's been swimming around in the back of my head as of late. I'm one of the idiot buying into crypto because of hype, aren't I?

>> No.28310369

>>28309203
>crypto came back from the 2017 crash, which makes holders more confident knowing it will eventually come back no matter how hard it crashes
this is what helps me sleep at night.

>> No.28310388
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28310388

>>28307840
>>28309843
>Only months later do you realize it was a crash
I don't understand this. You're saying it takes months to realize the ATH hasn't been broken when previously it only took day/s for it to happen to former ATH's?

>> No.28310397

>>28310023
Not really, as long as you hold onto it for 4-5 years you're guaranteed to make money.

>> No.28310410

By the way the biggest warning is the dollar. If the dollar rises Bitcoin dies. And right now the dollar seems to be gaining strength

>> No.28310499

>>28307250
>”and no stop loss!!!” On the FOX business

>> No.28310506

>>28310388
Sure, say now for example we've hit 48k ATH and the price has been falling ever since. What do you think is going to happen? Will something happen to make it go up or will it continue to go down?

>> No.28310512

>>28307250
>when normies talk about buying crypto
>when celebrities hype crypto up
>when there are threads on biz asking what the next 10x will be
>when people on biz think doubling your money is something that should happen every few days
>when people on biz dont even consider the possibility of prices dropping or losing money

>> No.28310521
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28310521

>>28307250

1. Shortage of gpus due to mining
2. People buying gpus at 2x 3x prices and buying old gpus for the price of new ones
3. Your older family members starts talking about crypto and investing
4. Celebrities spamming on social media about it and pumping random shitcoins
5. Negative news about crypto is almost non-existant
6. Spike in crypto youtube "experts"

These are first things that came to mind.
I personally think that we may have maybe 30-45 days until we reach the absolute top of this bull market.
Lessons I learned from last crash is: invest amount you can afford to lose, make your profit goals realistic and when you reach them go to fiat and cash out at least inital investment, when you go to fiat watch out for bull trap...

>> No.28310527

>>28307250
The fact that you even made this thread is bearish as fuck. Normies are probably already FUDing themselves and eachother to fucking sell.

>> No.28310547

>>28310410
explain this to me like I'm retarded, BUT it has to make sense

>> No.28310589

>>28309450
Dumb money over inflates the asset. Look up dotcom crash

>> No.28310651

>>28307642
>discussing about when to cash out
this seems like potentially the key one

>> No.28310680

>>28310521
30 - 45 days too pessimistic, I think 5 - 6 months

>> No.28310704

>Open up /biz/ because thats all you do in this fucking quarantine
>Pink screen


Thats when anon, that is when everything will go to shit.

>> No.28310745

>>28310680
>5 - 6 months
That's stupidly optimistic.

>> No.28310756

>>28310527
>>28307250
The fact that you even made this thread is bearish as fuck. Normies are probably already FUDing themselves and eachother to fucking sell.

>> No.28310791

the warning signs are all already here

>> No.28310809

>>28307860
>>28307877
>>28308198
>>28308170
>muh $100000 dollar bitcorns
Why do you think the price is so high already?
Normies are already in, there is nobody left who's going to pump the price up any higher.
Nobody other than Elon Musk is dumb enough to use company funds to buy crypto after manipulating the market with social media accounts.

>> No.28310813

>>28310527
>>28310756
>>28307250
The fact that you even made this thread is bearish as fuck. Normies are probably already FUDing themselves and eachother to fucking sell.

>> No.28310884

>>28309450
normies have paper hands, 1 small dip and they all pull out at once

>> No.28310900

>>28310809
>Normies are already in
I will not believe normies are in until I hear stories about 70+ year olds asking how to buy buttcoin again.

>> No.28310916

>>28307877
This time is different(TM)
But unironically because in 2017 we didn't have hedge funds and the world's richest man alive aping in and hyping it up. Tesla buying $1.5b worth is the most bullish fucking flag you can ask for.

>> No.28310932

>>28310745
i think he is right

>> No.28310978

>>28310932
i think he is wrong

>> No.28311014

>>28310978
we nowhere near the mania during 2017

>> No.28311109

>>28310745
normies have already been dumped on once, they wont jump at the first, neither second news. tesla just bought in, btc will crab for a while, then other companies will buy in - adoption - normies - crash. it wont happen in 1 month, but it wont happen in 1 year aswell.

>> No.28311120

>>28310813
did you reply to yourself with 3 separate IDs

>> No.28311125

>>28310704
Everything pink is my biggest buy signal

>> No.28311144

>>28310680
I remember comments like this right before the crash.

>> No.28311154

>>28311014
>Snoop Dog, Mia Khalifa and Angela White tweeting about DOGE
Yes, yes we fucking are

>> No.28311170

>>28308198
FET? i've never heard of it. Could you give me a little crumb

>> No.28311198

>>28311014
You are correct, we are at the beginning, which is why I say 2-3 months left.
>>28311109
2-3 months.

>> No.28311245

>>28307250
It probably won't happen until 4th quarter.

>> No.28311273

>>28309674
this, its incredibly simple. who else is going to buy after the midwits FINALLY buy in? aliens?

>> No.28311276

>>28311154
this shit happened 6-7 months before the crash in 2017 2-3 months before the crash people started selling cars and houses and fomo into crypto

>> No.28311278

>>28310916
I hope you realize they are also in crypto to make money, also when stocks crash companies will first liquidate high risk investments which means crypto as well

>> No.28311330

>>28311278
this, in a liquidation event crypto is the first to go.

>> No.28311352

>>28309633
if she has a retard brother she's carrying retard genes anon

>> No.28311482

>>28311352
Hopefully my high IQ will offset her family's low IQ. Then we can have some midwit mutt.

>> No.28311495

>>28311144
then sell if you think we're already at the top. you wont
>>28311198
>2-3 months.
disagree. we will see

>> No.28311499

>>28307860
This already started

>> No.28311509

>>28307250
>oldfags
>2017
Die in a fire

>> No.28311559

>>28311120
No 2 other people replied to me with what I said. I thought the first guy just wanted to greentext what I said then post but then the second guy did it.

>> No.28311563

>>28310547
Since 2009 commodities follow and inverse relation with the dollar.

>> No.28311569

>>28311276
>in 2017 2-3 months before the crash people started selling cars and houses and fomo into crypto
Those people have already sold their cars and houses to fomo into GME and AMC

>> No.28311580

Dotcom crash destroyed $20 trillion in market cap value. That was 20 years of inflation ago. When I see total market cap of $40 trillion, I'll start looking for the exits.

>> No.28311617

of course it is also stupid to think that the crash will happen exacly in the same way

>> No.28311642

>>28311580
You’re retarded

>> No.28311671

I was in the great XRP bull run of 2017-8. The sell sign was when it was featured on MSNBC.

Everyday, I'd tell myself, nah this is temporary - for about 80 days straight, before I had lost 80% of my gains. Still had enough to pay off my student loans though.

Overall, my advice is to reject the consensus on when to sell and when to hold. Be content with 50-80% gains, and sell, even if you lose out on a 70-150% increase, because the danger and risk of losing it all is not worth it.

>> No.28311692

2017 normies here were the ones I dumped on. Being a normie you wont be able to recognise the top.

>> No.28311763

>>28309963
Economy is going to crash sooner than later.

>> No.28311825

>>28307250
The same ones as now, just we are still in the middle of it. The only difference is covid, until people wont be free to go out and spend their cash they will keep on betting from their phones. This bubble will explode in the springtime, its still soon

>> No.28311863

>>28307250
I was in high school and I knew it was a bubble when my normie friends started talking to me about shitcoins.

>> No.28311939

>>28311642
If you can't draw connections between the dotcom industry of then, and the crypto industry of now, you're retarded.

>> No.28311954

>>28311330
What will an institutional dump look like?

>> No.28312022

>>28311954
>What will an institutional dump look like?
Like pink fields.

>> No.28312040

>>28311954
a giant red candle followed by several others as people realize it was either a whale that sold or an institution
good thing you guys have circuitbreakers, right?
RIGHT?

>> No.28312070

>>28311563
why

>> No.28312077

>>28307250
There was a first crash around Christmas, IIRC. A few days of pink wojacks, but not TOO bad, then it recovered and led into a hysterical alt bullrun. Kinda like a bulltrap, but with a higher peak, at least for alts. I think it was around January 8-10 that BTC finally crashed for real, leading to an alt massacre as well.
2021 is already different in that we reached a new ATH, courtesy of Elon Musk. So I don't know what happens next. Also, back then, when BTC rallied (or when it crashed), the alts always bled heavily; no matter what. At the rally to the Musk ATH now, alts were mooning together with BTC, so there's another difference. When BTC folded this morning, though, the alts sank with it, so that would fit again and speak against a decoupling.
I don't know, anon. I'd say if you see an afternoon of pink on the board, it's time to tether up and call it a day.

>> No.28312130
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28312130

>>28311273
ayy lmao not buying your doge bags earthscum

>> No.28312135
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28312135

>>28311954

>> No.28312154

>>28308478
>2011
I spent a week collecting BTC from faucets back in 2011, then felt like a moron for doing this tedious shit that would never amount to anything and stopped doing it.
Had I continued, I probably would have sold everything for a few thousand bucks maybe.
Every time Bitcoin peaked I thought "eh, there won't be a next time so why bother?"

This time I'm participating. This probably means I'll earn a few thousand at most and then the market will permanently crash due to changes in laws or something.
At some point BTC will have to break, as the required infrastructure is simply ludicrous arms race where every mining pool tries to waste more energy than everyone else. If this continues, we'll reach a level where Dyson Spheres will be built exclusively for blockchain upkeep.
The fact that I'm entertaining the idea that this might plausibly happen just shows how clowned up the world is at this point.

>> No.28312178
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28312178

>>28311954
Like this

>> No.28312241

>>28308773
This, I remember being at a restaurant with my brothers friends, who barely even know how to turn on a computer, and they were just talking about their altcoins for like 2 hours straight. It was absolutely surreal to me. The crash started soon after.

>> No.28312266

Remember a few weeks ago with GME? It was like that, people losing their minds, everyone and their mother piling in.

>> No.28312267

>>28307250
Pornstars and tier three celebrities shilling shitcoins was the warning flag about 2 weeks before the fat red candles.

>> No.28312319

>>28307840
THIS. your grees blinds you from reality. I remember when OMG dipped $22 to $18 and my reaction was a literal
>bruh it go back up soon
lessons learned. Take profits

>> No.28312453

>>28312154
>collecting BTC from faucets
what

>> No.28312549

>>28307250
it felt as a slow bleed at the time
"nah, fallen 10% but it will get back up tomorrow"
but it kept falling and falling

>> No.28312557
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28312557

It was very drawn out... Took most of 2018 to make me realize i needed to gtfo.

>> No.28312567

>>28312453
newfag spotted

>> No.28312682

>>28312557
>MetaTrader
Thank you, I was looking for a good charter on GNU/Linux.

>> No.28312686

>>28312154
>I spent a week collecting BTC from faucets back in 2011, then felt like a moron for doing this tedious shit that would never amount to anything and stopped doing it.
That's literally exactly what I did on my old laptop.
Got like 0.005 from one, 0.00125 from another, thought it was stupid and gave up.
I wanted to buy some but I didn't trust any of the shady websites with my card details.

>>28312453
Fuck off newfag

>> No.28312754

>>28312682
Fuck it's not native, whatever I'll just run it through wine.

>> No.28312781

>>28312567
Biz is fucking ruined.

>> No.28312848

>>28312781
It's fine, it's always like this whenever BTC gets media attention.

>> No.28312878

>>28307250
>be me
>put 15k into crypto in dec 2016
>by jan 2018 15K is 550K
>jan 10, Charlie Lee says get out before jan 18
>everyone ignores
>BTC CME futures launch
>crypto starts bleeding
>for next 3 years, BTC price is dictated by futures market manipulation

>> No.28312920

>>28309813
3 friends of mine called asking for btc
same 3 faggots called late 2017...for me its a sell signal

>> No.28313028
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28313028

then ETH at alltime high because of ICO craze
now ETH at alltime high because of DEFI shit

Niggers talking about BTC including the media
Celebs tweeting about BTC going to the moon

Biztards chasing pumps like maniacs i can see that again with RUBIC, MCDC etc.

Biztards posting Post your make it house & car

people attacking bobos

>> No.28313137

>>28307250

BTC will not crash like it did, every big industry in the World has their funds tied in it

>> No.28313168
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28313168

>>28308196
>Blacks and women
>celebrities and normalfags
The four horsemen of the cryotopocalypse

>> No.28313171

>normies buying doge coin stocks
>normies spending their life savings to buy 0.05 btc
>governments saying crypto maybe bad
>Environmental fud
>massive institutional buys at levels lower than current being revealed
>covid vaccine is going to cause fud at some point due to supply problems, unreliable nature, something
>Every coin is mooning now regardless of purpose, utility, or increased development

I legitimately think we have between 3-8 weeks left of this euphoria. My advice would be to sell your coins you like the least that you consider overvalued first. Like ones that are up a gorillion % but haven't improved in a material way.

>> No.28313285
File: 71 KB, 957x621, Gtsquashed+pepe+you+mean+to+tell+me+you+_b8b3c240e1ea918170c0a00e5249f795.jpg [View same] [iqdb] [saucenao] [google]
28313285

>>28313137
>every big industry in the World has their funds tied in it
Elon go to bed

>> No.28313332

lindsay lohan tweeting today is probably at least a local top, suspect there will be some consolidation npw

>> No.28313385

It was a slowbleed down. you could not exit because of that.

>> No.28313414

>>28313028
Biztards are always chasing pumps and posting their make it cars/houses. People always attack bobo because he’s a fucking faggot.

>> No.28313521

I'm a newfag, but I also have one foot in the normie world. Normies are talking about crypto now. My boomer dad knew that Elon was pumping Bitcoin. My friend in our D&D group bought a bunch of Doge on Robinhood.

>> No.28313540

so many PTSD-riddled bears and battered bulls in here thinking this is close to the top and we have like a month left, you're all retarded.

Look to 2017 as the analog. It was in May 2017 where we first went stupid parabolic from the ~900 March 2017 low to about 3k. That's like a 4x, similar to what we just did from 10k-40k. In June we saw a 40% drawdown from 3k to 1.8k. That's the analog from 42k to 28k. Then in june/july we had the HUGE pump on the segwit lock-in that took us to new highs again. The analog here is TSLA adoption of bitcoin. It was easy to think that the 2017 run was appraoching the top at 3-4k because we were so extended from the prior peak. It went on to go to fucking 20k. You need to think bigger and have some fucking confidence in yourself, selling too early is a sign of being a low-test beta who doesn't believe deep down that you deserve such gains. Get that fucking thinking out of your head

we ARE going north of 100k this run. The long, drawn-out bear market won't begin until late '21 or sometime in '22. Look for some big bearish divergences on RSI after huge dumps and a retrace of most of the dump. We aren't anywhere fucking close yet.

t. been on biz since inception and in crypto since 2013.

>> No.28313729

>>28313540
thanks for steeling my resolve, anon
I was here in 2017 and i made it out with good profit but dont want to fuck up this time.
Do you think AVAX is a retarded all in btw?

>> No.28313832

>>28307947

yep between, one week and two months.

>> No.28313865

>>28307877

You are missing a lot of key fundamentals here: Bitcoin is not going to hit 100k/200k/300k in a fucking bubble, there is going to have to be mass normie adoption at some point. Regulations are also inevitable and will ultimately be good for crypto (if uncle sam doesnt fuck it up, that is)

With a shit ton of institutional money investing now the paradigm has shifted and its hard to say at this point when the crash is. We are not following the bullrun of 2017 - which was primarily driven by retail - do not listen to any anon claiming that we are. Institutions were not buying billions of dollars of BTC in 2017, the biggest company in the world was not buying 1.5 billion of it, Microstrategy/Grayscale were not dumping hundreds of millions into it, etc.

The truth is we can make predictions but no one knows when the next crash is, least of random autists on /biz/. /biz/ was shitposting about a crash at the beginning of Jaunary when BTC doubled. Now it's almost tripled. At the risk of sounding like a jew my best advice is to bite the bullet and pay to get into one of these private investing groups and listen to people there, even then don't take their predictions as gospel but as tools in your warchest that help you make an informed decison.

Everything I'm seeing is indicating that the next bear market will be in Q4 of this year, but even then I'm not taking it as gospel. It could come earlier, it could come later. Institutions investing in this shit changes the game completely.

>> No.28313953

>>28307250
Just like now. It's too good. One day bitcoin will just drop 50% in a day, especially now. a crack down to 20k seems like fud but we were at 6k last year. A correction is coming, just not sure when

>> No.28314029

>>28307250
Oldfag here. This seems like the 7th inning based on my experience during the 2017 crash.

>First bitcoin shot up past $10K
>Next midcaps mooned (ada, xrp, eth, iota, Tron, Icon)
>Finally it became a clown show with random coin ICOs (all you needed was a whitepaper)
> I still recall the very day in December. The marketcap was 800B+ and folks were betting on the trillion dollar cap. Some news came around that xrp prices in korean exchanges were much higher than US exchanges. That little spark and the tether fud started the fire. It was down hill form there.

>> No.28314063

>>28313865
>(if uncle sam doesnt fuck it up, that is)
that's one gigantic if

>> No.28314159

>>28313540
So basically don’t tether up until BTC cracks 100k. THEN tether up and buy the crash.

>> No.28314213

>>28308054
$100k is barely more than a 2x from here...if you think that's a ridiculous price target you're a newfag

>> No.28314231

>>28307250
When you start seeing Roasties and Instathots paint their nails with shitcoins and Foids posting on basketweeving forums showing their mugs and shoving sharpies up their poopers for Crypto.

>> No.28314257
File: 30 KB, 600x600, pepe.jpg [View same] [iqdb] [saucenao] [google]
28314257

>>28307250
not telling lol

>> No.28314376

>>28314231
Keep an eye on tiktok. When the future whores of the world start doing the Bitcoin jig it's time to sell

>> No.28314736

>>28314029
>load the Korean FUD

>> No.28314813
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28314813

>ITT Normies
Lmao, you dumb fucks really think BTC/other cryptos will dipped? After the we finally get confirmation that institutions have been purchasing this shit since 2014? You really think they’ll let go of this? They’re going to sell it at a high price to everyday Joe. If you go talk to people, they’ll say this shit is fake. Just like when debt cards were being introduced.
>da Monney n da air now!
Crypto is going to be a way of life. This is world wide 24/7. There is no more dip retards. BTC will be valued at 1m by 2023. Then, and just then will it pull back to 800k. This is nothing like last time. Cryptocurrency will be the norm of life. Just like computers. I can tell you faggots have only been into crypto for 15 months. Lol.

>> No.28314858

https://www.youtube.com/watch?v=lCcwn6bGUtU

>> No.28315062

>>28314813
>that picture
I have a step-mother like that and I feel nothing but pain for that child.

>> No.28315073

>>28314813
>After the we finally get confirmation that institutions have been purchasing this shit since 2014? You really think they’ll let go of this?
It's called buying low and selling high.
A concept I'm sure /biz/ doesn't understand.

>> No.28315082

>>28309450
Everyone buys with the intention of selling higher. When the least likely normie retard buys in, who buys after him?

>> No.28315188

A lot of the signs are already here. Celebrities shilling shitcoins, dogecoin spiking, big finance media pushing stories about BTC, absolute normies discussing crypto, etc. These all happened in the final weeks of the 2017/2018 pump, before the bottom fell out. This time could be a little bit different with the institutional investment we've seen, but crypto is still dominated by retail investment, and retail investors get emotional and sell when they start seeing red candles. I think the market is absolutely primed for a big dump to happen in the coming weeks/months. It may not be as big of a dump as 2018 because of the institutional investments, but I would not be surprised if it drops 50% or more by the end of the year

Play it smart, anon. If you've been holding for longer than the past six months, start thinking about lining up your limit sells.

I'm selling around 1/4 of my position this week. I have limit sells for 1/4 of my position at 20-30% up from now. Then another 1/4 at 20-30% up from that level. The remaining 1/4 will be kept to ride it out. If it dumps tomorrow, I'll have made a nice profit. If it moons forever, I'll still have a nice stack to ride it out, and will have made a considerable profit on the 75% that I sold. Anywhere in between, and I'm very content.

>> No.28315219

>>28315082
>When the least likely normie retard buys in, who buys after him?
/biz/

>> No.28315341

>>28315219
this

>> No.28315604

>>28315188
You’re a cuck. Normies aren’t even ruining their lives to buy crypto yet. You have to wait until they start leveraging their houses to buy crypto THEN you Tether up and watch it burn. You’re just being a low test beta by selling now.

>> No.28315699

>>28315219
DIAMOND HANDS YOU PAPERHANDS! XDD

>> No.28315717

i just hope to god it crashes because rn im a 20 year old and i graduate uni and start making good money in may so if it dumps i can for sure acquire 1 btc by putting some of my paycheque into btc weekly. if not, i may be eternally priced out.... losing all my savings from 1 year of waging doesnt scare me, being eternally priced out of 1 btc does

>> No.28315732

>>28309633
Post when he asks

>> No.28315750

>>28310410
How the hell do you expect the dollar to rise when 25% of dollars ever existing were printed last year and most of it will enter circulation in next few months when everything reopens? If anything you shouldnt be in cash right now

>> No.28315811

>>28313865
I'm also wondering about the institutional angle. But keep in mind that "this time it's different" is a very dangerous frame of mind. Who's to say that institutions won't know about the cycles and cash out a large portion of their positions with the intention of buying back in lower?

>> No.28315822

>>28307860
>actual normalfags
THIS
MOST OF WHAT YOU CALL NORMIES ARE NOT ACTUAL NORMIES
BEWARE OF THE TRUE NORMIES

>> No.28316228

>>28315811
Institutions are very capable of making retarded decisions during manic market phases

>> No.28316248

It was like this but everyone was actually nicer. The technical BTC charts like this will help you work out when the cycle ends. Might be best to sell before that. Mania like you will never believe will hit, and I think that the crash will happen somewhen midyear. What month? I might try to exit in June.
https://www.blockchaincenter.net/bitcoin-rainbow-chart/?fbclid=IwAR20P4gx9GESZOtaZQxiCgVOefHvMvp6gQtRURLbxtao4vxy_7dzRk9ZPyo
https://decentrader.com/charts/rhodl-ratio/
https://www.lookintobitcoin.com/charts/stock-to-flow-model/

>> No.28316343

>>28315717
similar situation here breh, if we were born a few years earier shit'd be easier

>> No.28316398

>>28310410
>And right now the dollar seems to be gaining strength
What? The dollar is weaker than ever and it's only getting weaker with every billion we print.

>> No.28316437

>>28313865
How fucking naive can you be that governments won’t fuck this up? We’re you born yesterday?

>> No.28316436

>>28315717
Anon the price will return to about 30k next year and be there for a while.

>> No.28316531

>>28315604
>You have to wait until they start leveraging their houses to buy crypto
That's a tiny minority of normies you fucking retard. Majority of normies aren't stupid enough to do that, believe it or not
In any case, some genuine normies and boomers at my work have been talking a bit about bitcoin, though some of the boomers still think it's a scam as they tell stories of their friends losing all their money during the last run because they were "hacked" when in reality they just bought the top like buffoons. So who knows if people like those will ever buy in again, especially if they keep spreading word around such as that.

>> No.28316684

>>28315717
>>28316343
You won't though. Bitcoin was at $4k less than a year ago and you didn't buy in because it was crashing. It was at $3k the year before that and you didn't buy in because it was a bear market. It was $15-20k only a few months ago and you didn't buy in because it was too close to the ATH. Now it's "too high" and you're going to "wait for the crash"...

You'll always have an excuse for why now isn't a good time to buy.

>> No.28316861

>>28316684
This, everyone keeps saying it's "too late"
I said the same shit when it was $100, when it was $10,000, but not this time faggot.

>> No.28316929

I can't help but think that fucking Doge in the top 10 is a huge signal that everything will crash soon.

>> No.28316996

>>28316684
Dude I didn't buy in before cause I didn't read into it. I have bought in now, I just hope it crashes so I can buy more before it's worth much more in 2025.
I just don't have that much disposabkle income cause I haven't worked for that long.

>> No.28317009

>>28316929
That's where it belongs in a bullrun. It's a signal of absurdity.

>> No.28317168
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28317168

Timestamped roasties regularly posting on /biz/ are the ultimate and final sell signal. The music will have well and truely stopped by the time, and it’s time to run to the nearest exit, fast as possible.
>t. 2016 oldfag

>> No.28317207

>>28316996
I started with $500 at the peak of the bubble in 2017. I now have over $30k. Time in the market beats timing the market. You might get your crash, but you'll probably just be further priced out.

>> No.28317391

>>28316929
It would happen in a bear market too if elon musk twitted about it 24/7 and normies made it into a meme

>> No.28317422

>>28307877
the most retarded person I know is thinking of buying into it so, read that as you will.

>> No.28317457
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28317457

Btw, we’re not there yet. When we have reached the top I will try to warn you. Listen to the wisdom of oldfags who will make arguments using data.

>> No.28317532

>>28307250
It felt like right now but for 10 months straight followed by an entire catalog of pink wojaks.

>> No.28317570

>>28317457
Post a picture you'll use to warn me?

>> No.28317649

>>28311170
fetch.ai - you are welcome

>> No.28317652

>>28314159
if everybody thinks it will go to 100k it won't actually go to 100k

>> No.28317693

Hahaha my coworker told me her neighbour had taken out a bank loan to buy it at the peak so I sold him some of mine at a good price in return for a suitcase of cash, and then a bit later when it crashed hard offered to buy it back at the lower price, AND HE ACTUALLY DID IT LMAO

>> No.28317773

>>28317652
It will fly past 100k and never look back. Everyone who thought they were selling the top will have to buy back in at a loss.

>> No.28317777
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28317777

>>28317570

>> No.28317866

>>28317207
Well kinda like me, I put in 500 a couple weeks ago, and 500 this week maybe I won't do as good as you but I'll try

>> No.28317885

>>28317773
even my grandmother is in at this point, which fucking retard will buy at 100k?

>> No.28317949
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28317949

Crash took place over 3-4 months.

The highs of this one will me the minimums of the next. I do not belive alt season is in full effect yet.

>> No.28317991

>>28317773
It will drop for a while with legislation and then rocket. Buy around $20k.

>> No.28318001

>>28317777
Also
https://www.lookintobitcoin.com/charts/rhodl-ratio/

>> No.28318064

>>28317777
quad 7s...
damn, man

>>28318001
and yeah i posted this chart
i will be looking at both of them reguarly

>> No.28318115
File: 94 KB, 1207x528, 6B2690DF-3E11-487A-A5A3-14E168D6F796.png [View same] [iqdb] [saucenao] [google]
28318115

Relax

>> No.28318173

>>28307250
When koreans got stupidly bullish on it. East asians might be the biggest gamblers on the planet. When they getting hyper, be very afraid.

>> No.28318207
File: 110 KB, 2048x1153, EAF5C601-3407-4DFE-A63F-6D246A1DD450.jpg [View same] [iqdb] [saucenao] [google]
28318207

Breath in the hopium

>> No.28318244

>>28317777
the dotted line is literally just made up

>> No.28318328
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28318328

You don’t have to worry for a while yet

>> No.28318368

>>28307250
>2017
>oldfag
Lmao

>> No.28318537
File: 210 KB, 1896x1515, 37A1CC90-F0EC-4A21-87DC-85878D61686C.png [View same] [iqdb] [saucenao] [google]
28318537

No bobos now, only gains

>> No.28318659

>>28310410
economists are actually prediciting the dollar to rise before its inevitable downward trajectory into the abyss

>> No.28318666

When every faggot online and irl is shilling moons and now people are unironically “new paradigm” posting about Tesla means dump all your positions immediately.

>> No.28318714

>>28307250
The conditions were basically the same as what you're seeing now. Instead of defi we had thousands of sketchy icos. Huge media publicity and the old guard stock investors saying they would.never touch bitcoin. Whole bunch of dumb shits tweeting about crypto and people giving financial advice on YouTube. A euphoric vibe and people acting like bitcoin will NEVER go down from here. The fun part is after the first major dump and the amount of cope we'll see. Redditors spamming hodl and buy the dip as their unrealized gains crumble around them.a crypto winter of a year or so until the ride starts all over again.

>> No.28318771

>>28316684
maybe maybe not well see with time. im fucken 20 years old and have been a full time student for 4 years, i think thats a bigger reason i didnt buy in. when i start working i plan to dca. couldnt really have done that ever before.

>> No.28318857

Seriously, read all these absolutely delusional posts saying it’s a new paradigm and magically now huge money is coming in and the top of this 1000% pump represents a new floor.

These people are the biggest suckers on Earth or are preying on you, the sucker reading the stupid lies to begin with.

Crypto is going to take a giant shit on itself any day now.

>> No.28318889

>>28318771
to clarify, in that comment i wasnt saying IF it dips im gonna buy in, i was saying im gonna buy in with my wagie money, but i hope it dips so i can acquire 1btc easier

>> No.28318936

1000 new youtube channels of progressively uglier people trying to tell you what altcoin to buy

>> No.28318973
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28318973

>>28318857
>any day now
sure thing bobo. You said the same thing at $40k, $30k, $20k, $15k, $10k....at what point do you stop and realize that you're the sucker?

>> No.28318981

>>28308001
I'd say final week of April

>> No.28318984

>>28307250
Elon musk tweeted about it and said Tesla was going to include bitcoin. He also started pumping dogecoin as well.

>> No.28319048

I love how everyone here just acts like crypto is a Ponzi scheme.

If you think there’s literally nothing legitimate here, sure why wouldn’t it eventually crash? People will want 100k more than a useless BTC.

But what if you actually think there’s value in crypto projects? Why the fuck would it crash if there’s utility? It’s like saying dot com companies are in a bubble so Amazon will crash eventually.

By the way, in 2017 there wasn’t nearly as much utility to crypto as there is today. Completely different times.

>> No.28319092

>>28308001
>>28318981
it really could be a little either side but still months

>> No.28319140

I’m going to make something clear to you guys that bought in the last two months. I’m up 7600% on LINK this year and that doesn’t represent a new floor. You aren’t smart money. You, the guy reading this, you are a retard retail investor who is about to take my bags.

If you’re not already at 5000% you missed this bubble and you’re buying in at the top.

>> No.28319178

>>28319048
in 2017 95% of projects that pumped where utterly useless
in 2021 95 of the projects that are pumping are utterly useless

>> No.28319260

>>28319048

There is still no crypto utility and people made this exact post last time.

>> No.28319359

>>28319140
Exactly. Imagine buying bitcoin right now hoping for it to get to 100k only to gain around 120% on your investment. The risk/reward ratio is fucking illogical. If you're not in already you've missed it. Save your money and wait for your next chance/the next big thing

>> No.28319374

>>28308023
>"This time it's different"

>"Paradigm shift"

>"we're at the beginning of a new era"

These are common signs of Delusion. Unfortunately, the world is already full of deluded people so it can be very hard to really tell. You'll be hearing this for a while before it actually happens. But the real crash happens when everyone's saying stuff like this.

>> No.28319376

>>28307250
TBF OP, the crash in 2017 was sort of surreal. First of all, fucking Bitcoin Cash was putting a giant cloud on Bitcoin Core, whether it was gonna be more successful or not, then, you had that euphoria when it went up and up. Then you had the crazy phase where you had projects such as Proof Of Weak Hands that made the bear market a little bearable. But yes, one of the biggest regrets of my life was not putting that money into bitcoin when it was around 1000 in the summer of Bitcoin Cash. But I aint crying about it since /biz/ had my back and I learnt about link. this fucking thing man, I only put in 500e at the end of 2017 and during 2018 and now, im sitting on around 30k. in short, buy low, sell high. when there's blood on the street, get that money ready and buy the fuck out of coins that are blessed by kek and memes.

>> No.28319397

The market always moves in the direction of maximum pain. Fortunately for us, that is $1M bitcoin, because the majority of the pain is going to be felt in the roughly 8 billion people that were too stupid to buy bitcoin, and all the ass-blasted shitcoiners. Contrast to 2017 when it was still a niche product; the only pain to be found

tldr; get fucked y'all we doing some

>> No.28319509
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28319509

Notice the doomsayers have no data to back up their arguments. There ARE bearish charts out there - but the caliber of bear in this thread is not high.

>> No.28319548
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28319548

We probably have a good few months left. I shilled bitcoin to an ex working girl whos in recovery. She told me that she hasn't heard of bitcoin from no one except me. She's been my sell indicator as to when the market is to hot.

Last bull run you had
>crypto nails on headline news
>soulja boy, 50cent, and other rappers shilling
>various influencers shilling
The big one
>barber is talking about it
>your boss is talking about & it doesnt know what btc is
>your co-workers is talking about it
>you see it in your instagram/snapchat feed
>middle schoolers talking about investing
>friends bragging on social media showing off their gains

The problem now is we are in a pandemic style economy. So things are in fact different. The top is hilariously anywhere between March - Feb 2022

The dxy is slated to make a rise before crashing down a bit so that should have an inverse correlation to btc. Corpations aren't selling even if theres a 75% decline because of the lag from buying to selling. So to make it short, crypto vs the gme hype - which one was bigger? If gme then we still have a ways to go before the hype rivals that of gme

>> No.28319547

>>28315219
The circle of life.

>> No.28319655
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28319655

>>28319548

>> No.28319666

>>28307250
Always watch BTC, if it starts to crash like 2017, sell off your coins asap because they will crash hard anyways. Then you buyback the coins for a much cheaper price using your profit.

>> No.28319717

>>28308023
couldn't tesla initiate a crash by cashing out at the top

>> No.28319735

>>28319548
it will crash when life returns to normal

>> No.28319802

>>28307250
It was exactly like this beforehand. I’d say we are 2-4 weeks away, max

>> No.28319809

>>28319717
>1.5 billion is a lot of btc
anon there are people out there with considerably more...

>> No.28319879
File: 414 KB, 1125x873, 1612431792438.jpg [View same] [iqdb] [saucenao] [google]
28319879

My older normie brother bought tons of fucking dogecoin with his wife today and is writing me messages like
"Dogecoin to mooooon"
He doesn't know that I am hodling 6 figures.

I say 1-2 months and we are pink

>> No.28319901

>>28319048
Literally doesnt matter, bitcoin follows its cycle and the rest of the market follows bitcoin. Sure there might be few projects that win even in bear market, but even usefull ones will lose 90% value when crash comes

>> No.28319906

>>28307860
The normalfags are WELL in at this point anon. You need to recalibrate yourself.

>> No.28319917

>>28319548
>The top is hilariously anywhere between March - Feb 2022

What I want to make clear is that we are due for a correction, follow by another run. Some people call this a double top. I call it a correction, of say -15 to -35%

This correction would be followed by the finale with minor corrections to trigger weaker hands, before seeing something that would have everyone thinking they are going to own an island.

When you see multiple posts on this board with threads on make it houses/cars/boats/islands/girls with 200+ replies & reddit is in hystreria mode with 6mill users that is the time to sell.

>> No.28319955

Someone the other day posted on here that they felt like they 'found cheat codes for life'.

Yeah I think we're due a crash very fucking soon. Serious 2017 vibes.

>> No.28320078
File: 665 KB, 1200x600, 5a6a12c9178425320f8b4635.png [View same] [iqdb] [saucenao] [google]
28320078

This.

>> No.28320104

>>28319655
>https://www.newsbtc.com/news/bitcoin/soulja-boy-sprays-bars-about-bitcoin-on-latest-album-young-drako/

>Soulja Boy Sprays Bars About Bitcoin on Latest Album “Young Drako”

This is from 2016, he's smarter than he looks.

>> No.28320123

>>28310809
One thing 90% of you don't realize is that normies by more

>> No.28320180

>can't cash out

>> No.28320269

>>28320078
This is a huge sell indicator for me, I don't know about anyone else.

>> No.28320337

>>28307250
it will crash in 2-6 months from here, but not before a final pump. BTC will (almost) hit 100k, there might be a short alt-season following the BTC pump, that's the time where you MUST NOT buy alts, but cash out.

>> No.28320342

Back then, there were no solid projects. People clinged even on the slightest bullish news on any scummy shitcoin and blew it out of proportions.
Remember WePower? Walton Chain? Metaverse? Tron? VeChain? Bitcoin Cash/Gold/Platinum? Or Icon? Those would be considered absolute trash projects in current ecosystem. Most of the companies in crypto today have 1000x more credibility than the most hyped projects back then.

>> No.28320484

>>28319048
Bitcoin @ $X formula comparison

10k btc vs. a used shitbox
Dumb money: le poot poot vroom vroom
20k btc vs. a toyota camry
Dumb money: ohh nice le pussy megnet
30k btc vs. a honda prius
Dumb money:le saving moneys now
40k btc vs. a 4runner
Dumb money: riding high brehs
50k btc vs. a BMW 3-series
Dumb money: pussy magnate
....
100k btc vs. a low-end condo
Dumb money: Gibs dat condo son
....
200k btc vs. low-end house
Dumb money:My lawn nao
....
300k btc vs. low/mid range house
dumb money: le starter house megapack
..
400k btc vs. low/mid range house
dumb money: girls will have secks with me
...
500k btc vs. low/mid range house
dumb money: how many cats, dogs, and kids can I fit in here?
...
600k btc vs. low/mid range house
dumb money: its an investment
...
700k btc vs. low/mid range house
dumb money: i can has swimming pool
...
800k btc vs. starter home in LA
dumb money: In a land of tents, the roofed man is based

900k btc vs. 2 1/2 shares of Berkshire Half-away Class A
dumb money: I literally own sum Coca cola, and ifones kek

$1M btc vs. suicide
dumb money: I flunked economics, what is depreciation

>> No.28320509
File: 132 KB, 1189x639, Screen Shot 2021-02-10 at 10.57.07 AM.png [View same] [iqdb] [saucenao] [google]
28320509

spoonfeeding ended 4 years ago dyor or ngmi bizlets itt
t. made it

>> No.28320515

>>28320342
*DOGE pumps 600%*

>> No.28320624

>>28320078
I remember this even from 2017.

>> No.28320732

>>28307250
it isn't over until you start seeing normies selling houses for BTC mining farms.

>> No.28320795

>>28312319
Underrated

>> No.28321004

>>28320078
>those coins
Pure 2017core.

>> No.28321091

>>28318771
>20
>student 4 years
ffs, we got a faggot here

>> No.28321161

>>28320342
bro motherfuckers are getting rich on pump and dump scams like fucking mcdonalds coin and shibe, the market is even fucking dumber this time than it was then, Tron and Metaverse may as well be fiat compared to shit like WENDYS coin

>> No.28321178

Ok new fag I'm afraid shitless guys I'm good at predictions from birth I knew one punch man would blow out as top new anime in 2012 I predicted my hero academia would be the next big shounen I predicted naruto is a shitcoin tear anime.
I predicted bleach to end and never come back.

I predicted the down fall of mainstream anime in 2010s.

I really think we are in for one hell of a ride here frens and it's ain't funny digits confirm.

>> No.28321189

>>28319140
firstly, job well done anon. I'm truly envious of your brain but i have to ask.
> be me buying in at exactly new year knowing i have missed it but want to make some bucks as i have to pay some family loans. All i need is 5x on alts (link/avax/ada). Is this delusional?

>> No.28321384

>>28321004
You'd still be ok though even if you bought the absolute 2017/18 top, assuming you held the whole time

>> No.28321391

>>28321189
>firstly, job well done anon. I'm truly envious of your brain but i have to ask.

you should allready be 5x on each of these coins.

>> No.28321428

>>28321091
?

>> No.28321526

>>28307250
if avax reaches the top 5, it's time to sell everything

>> No.28321597

>>28307250
gf or wife mentions crypto

>> No.28321618

>>28309423
>coinbase
They ngmi

>> No.28321645

>>28307250
It kept going up up up up and then it fel dooooooown in the day after.

It's nothing like what's happening right now

>> No.28321664

>>28307250

Normie friends asked "how to buy bitcoin"

That was in december 2017
I thought to myself "you should sell" but didn't sell

>> No.28321697

>>28308331
/biz/ is a younger board relatively speaking. Not by age of user but by age of the board itself. Tho gookmoot has added a shitton of retarded boards since he took over.

>> No.28321882

If you see BTC price climb 2x-3x in a span of 3-4 weeks, it’s time to cash out while thats happening.

>> No.28321943

>>28313540
This is literally what I was thinking too. Bitcoin has never broken its ATH just to do a 2x and go back to sleep.

>> No.28321990

>>28321391
i actually made x3 so far because i tried to trade, made some bad calls and payed too much gas for everything. i'm hodling now as i see im not smart enough for it. hope i learn some in the next bear market

>> No.28322129

>>28307250
>What was the crypto crash of 2017 like?
It felt like this:
>>28307840
>>28309683
It felt like the dip we just had in January, except it didn't make it back up to make a new ATH. BTC regularly has 20-40% dips during bull runs so it doesn't feel unusual, except then it's the crash.

I'd say the biggest warning sign is when the value is above the S2F peak for the cycle (so for this cycle, once price is >$100k). Once it's above the S2F fair price, the next 20-40% correction is likely the crash.
Media attention is a bad indicator nowadays; everything gets flash-in-the-pan media coverage.

>> No.28322213

Read this faggot, this is not normies game anymore, this is institution game right now, institution will FOMO hard this cycle, you better clean your ass before calling top, next cycle is country game.. 1BTC = $1M is undervalued

>> No.28322240

>>28316684
Sage advice. Just DCA bros. Sats are all that matters.

>> No.28322382

>>28315219
Touche'

>> No.28322390

>>28313540
Underrated post.

>> No.28322473

>>28307250
The spike to 20k lasted way shorter than the spike to 42k from what I remember. It almost seemed like an unnatural growth looking back. That's not to say that we're going bear, but if bitcoin is 55k in a week that would personally make me nervous.

>> No.28322514

I think btc will go to 5M and ETH to 100K

>> No.28322517

>>28307250
It was fucking insane OP. I was in highschool then, and you had coins that did a 4x overnight. One of my friends cashed out 75k in my AP Computer Science class- and that was just from coins he had been occasionally mining over the past few years from his shit desktop. I turned 1k into 15k with absolutely zero experience under my belt. You could throw a dart at any altcoin and you would've made at least 5x your money if you bought 2 or so months before the top. Shitcoins were getting talked about by normies on a daily basis. Total greed and euphoria. Nobody knew when the 'top' would be, and a lot of people were extremely delusional.

This bullrun is now being fueled largely by institutional investors, and not normies. If you ever see normies flooding back into crypto- get ready for the rollercoaster again.

>> No.28322684

>>28315082
Africa.
Courtesy of the "benevolent" projects who want to bring crypto to Africans. Western governments will support it with foreign aid, and then we will sell them our bags and getting some of our tax money back.

>> No.28322778

>>28322473
Yeah I went out to pub one evening when everything looked organic and when I got back whole internet was broken and it was full of news.
This time it really did not seem that surrel and maniac. This time it is more organic,

>> No.28323624

>>28313540
past performance is not indicative of future results

>> No.28323735

Not yet. It's time when Katy Perry tweets.
Or any celebrities fro mthe same level of normieness.
We're in 2016 now

>> No.28324099

>>28323624
Past performance is the best indicator we have, and is much better than random. If you're betting against the best indicator, you're going to lose money.

>> No.28324206

>>28323735
Check lindsey Lohan Twitter

>> No.28324415
File: 12 KB, 256x206, 28907795_10155808277367935_676991515_n.jpg [View same] [iqdb] [saucenao] [google]
28324415

>>28307840
perfectly explained
you have to learn when to recognize this feeling but DO NOT mistake it for an actual dip.
one of the hardest things to do.
i found the best strategy is sell a bit on the come up... if you miss a few more days of moon so be it. but at least you sold kind of close to the top this way

>> No.28324487

Jesus, the sentiment is bearish in here. once that goes away, then we can have a top. all the old top indicators will fail this time. once a pattern is recognized it is broken.

>> No.28324506

>>28307250
>What was the crypto crash of 2017 like?
Pretty shit
>What are the some of the warning signs I should look for that crash 2.0 is imminent?
Bitcoin starts losing 100s of bucks every 5 minutes and not rebouncing
If you cashed out early you barely felt it

>> No.28324553

>>28308198
What in the fuck is "FET"?

>> No.28324985
File: 511 KB, 1033x670, 1612204063392.png [View same] [iqdb] [saucenao] [google]
28324985

>>28311273
Dindus

>> No.28324986

Easy tip:

Get NewPipe and change your YouTube location homepage to different European countries, if you see videos about BTC you're very close, 2 weeks, from a pop.

>> No.28325130

>>28317885
the same retards the bought GME @ 300

>> No.28325498

some worrying about a crash and not realizing you could be printing money now if you were focused....never change biz

>> No.28325653

>>28312453
If I remember correctly back around 2009 websites used to give you free BTC so you could participate in the blockchain and test things out.

>> No.28325902

https://youtu.be/000al7ru3ms

holy shit look at the release date
>2014

>> No.28325909
File: 507 KB, 1080x1074, 20210210_205625.jpg [View same] [iqdb] [saucenao] [google]
28325909

>>28324986
Europoor here, its over

>> No.28326045

>>28307250
Rule of thumb: When the tabloid front pages, the mongolian basket weaving forums, the workers in the pub start recommending to buy whatever you've put your money in, you liquidate asap. Don't even think about buying more of that shit. It's toxic.

In my language we call that phase a "servant maid hausse", basically an extreme price spike driven by self-reinforcing public/media attention and fueled by greedy commoners who don't know what they're doing with money they can't afford. Sometimes that fuel source lasts only a week or two, sometimes it can go for several months, but in any case there comes the inevitable point where most of the suckers have maxed out their credit line and can no longer acquire fresh capital for new buy orders. That's where the bubble pops, general panic starts and the price starts dropping like a rock because everyone and his dog wants to sell asap. Only gamblers and retards are still in at that point. Don't be one of them.

Right now, with new zero-fee trade apps like Robinhood and lots of stimulus dollars thrown to the pigs, I expect a couple more non-linear price developments until either the money is spent or the freedom of trade is limited again. Whateever comes first.

>> No.28326294

>>28310521
All boxes ticked. Fuck. This is it.

>> No.28326922

>>28326045
That really sound like GME.