/biz/ - Business & Finance

It feels a little different to me. Sure things are mooning, but it feels like people are finally beginning to understand the widespread use-cases of blockchain technology. I think this could be just the start of something truly beautiful

>>28571619
>new paradigm fallacy
Just be ready to buy the dip, ok?

For what it's worth, lots of the coins which are looking now are mature, except for all the weirdo farming stuff which I'm not looking at. In 2017 it was all just icos and ideas

>>28571440
Big dump soon get into USD now!!!!!!

>>28571667
Can you tell us more about the "new paradigm fallacy"?

its not even december, kek. ngmi...

>>28571619
>This time is different
Come on anon....... Pic related is my worst performing coin. If this goes up >150% in a day, this bull run ends

>>28571950
It surely feels like it

>>28571901
Well what it's really called is the hot hand fallacy, but as it pertain to crypto it's always accompanied by the sentiment that what we're witnessing is a 'new paradigm' i.e. the markets go up and people think they'll never come down.

>>28571440
The day we see a new Cliff report floating around here is the day I market sell everything.

>>28572199
This. I'm happy to see a lot of people already "make it" but at some point, everyone need to cash out to enjoy that gain

>>28572321
This. Cliff report, or any crypto "guru" shit floating on /biz/ means the bear market is here

Hard to tell if this bull run is gonna be drawn out like early 2017, or a big one like the end of 2017. LTC hasn’t truly mooned yet so I give it another month at least.

>>28572673
>>28572321
>marius and clif at it again
$6,606 litecoin here we come

>>28572873
Do bizfag shill these niggers on this board?

Not really retard, it feels like May/June 2017 when it was at the exact same stage of the bull run as we are now

>>28572862
Burger here, I'm hoping this bull market lasts until June. I don't want to pay short term capital gain tax.

>>28571619
it's different this time

>>28571440
There's a lot more mooning to go.

>>28573284
I'm not talking about BTC % gain. I'm just looking into the shitcoins. You can buy random coin and make unsustainable gains, just like Dec 2017.

>>28573579
You could do that from early summer 2017 too. The ICO bubble started then. Have you ever heard of antshares, bitconnect or digibyte? Digibyte went 6000% in May 2017. They all had parabolic runs in early 2017 as did many other coins including Ethereum. It’s just crypto went even more parabolic later in the year

>>28571440
Just sell off everything when we go full normie mania

>>28571440
eh in 2017 it lasted entire year

Are you niggers retarded? Let me give you a quick rundown
>crypto continues to go up
Continue buying, don't sell
>crypto crashes
Buy at the bottom, don't sell

No matter what happens the only possible way to lose money is by selling. As long as you keep accumulating you will easily be a billionaire EOY

>>28571440
eh in 2017 it lasted entire year
also why the fuck would you sell BTC in 2020+1?
what better asset can you possibly buy with that money?

>>28574950
>what better asset can you possibly buy with that money?
Can't speak for everyone, but I want to buy a house. Also the long-term goal would be to cash out to stablecoins as we near the conclusion of the bull market, and then wait a while longer for the bear market to bottom out and start reentering then.

>>28574692
Don't "Tesla buys BTC" have similar feeling with "Wallstreet going balls deep into BTC with the futures, bros"?

>>28576504
not really. the former bought 1.5B in btc while the latter shorted it to hell

>>28576856
BTC mooned to $20k right after BTC futures announcement. BTC mooned to $48k right after Tesla bought BTC. I agree what the institution/company do with their BTC are the opposite but the hype for it is the same.

>>28571901

>>28571440
i'm hoping theres a huge correction. seeing everything moon so sharply is exciting but we have to be mentally prepared to see a healthy and decently sized dip. lets just enjoy this ride for the time being, anons.

>>28572862
isnt LTC going up pretty aggressively now? it was 156 on Feb 5th. it's 206 now.

>>28571440
relax. enjoy it while it's here. ALEPH staking will be there during the bear and be there at the next super cycle

>>28574851
rabbi if we sell but sell gains why not just do that?

>>28577127
except the former hype was also driven by a 1.5B fiat infusion