/biz/ - Business & Finance

>>28741397
what the fuck can even trigger something like this

>>28741397
I'm new, what's that pattern called?

>>28741505
Elon

>>28741585
>what's that pattern called?
The return of the pink fields

>>28741505

JPMorgan trying to trigger a dip to accumulate more before the "it broke $50k" hype.

>>28741585
Nigger jump

>>28741585
That's called the Pink crying man pattern

>>28741505
>>28741585
this is a whale selling and taking profits
welcome to crypto

>>28741397
Yes. It’s literally dropped less than 3%. Fucking chill bro.

>>28741505
Someone market selling 10000 BTC

>>28741397
Nothing to panic about.

calm down lol

>>28741397
WHAT SHOULD I BUY DURING THIS DIP? Only on coinbase pro, don't want the hassle of uniswap.

>>28741642
Elon offers the minor criticism that he can't FULLY get behind DOGE (fucking DOGE)
and TWO HOURS later the whole market tanks?
No, that doesn't make sense in any aspect.

>>28741585
the vertical cliff to $0, see you all at the bottom

>>28741585
The buying bell call

>>28741774
Selling almost every coin at the exact same time?

Everything dips at once as fucking DAI goes up to 1.04 usd, what is large-scale swing trading like?

>>28741397
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

Yes, it's normal.

Number goes up, number goes down

>>28741921
Fuck that fucking Jew. He comes in here and fucking ruins our market.

>>28741397
>-2.39%
Call me when it is down more then 10% so I can buy.

>>28741397
ITT: top buying newbs

>>28741716
kek

>>28741505
You: fuck Fiat, crypto is the future

Them: I cashed out and now I'm a fucking millionaire!!

I'm in for the long term, one small dip today means nothing compared to the future ahead

>>28742074
Instant selling every order regardless of their price, yeah

im actually surprised with how long we crabbed at the top

I have 1k to do something with btc or eth?

>>28741585
ligma

>>28741868
link and raven

thank me later

Just bought 500 more link!

>>28741505
People smarter and richer than you reading taleb's twitter feed and realizing they can buy commodities at less than 1/10th the risk to their capital.

>>28742074
ITS JUST ONE GUY THERE IS NOT REASON TO BE ALARM

crypto really be like
>go to bed
>net worth drops 60%
>net worth goes up 60%
> wake up
>'oh good nothing changed

>>28741505
The fact that a magic internet token that doesn't do anything is worth 50k made some people sell for a profit after they came to that realization.

>>28743167
It's because everyone put in auto sell orders at 50k or slightly below, so it wasn't able to overcome that number and cross that threshold

>>28743448
who's Steve Jobs?

They all did it

>>28743992
Fucking sergey.

>>28741585
TIME TO BUY

>>28741397
this happens literally every week.

>>28741505
>>28741585
Its a Correction

fucking retards

>>28744061

>>28744339
>every coin on the market corrects at the exact same time
This is very suspect.

It happened not even 2 weeks ago. btc went from 48k to 44k then back to 48k in two days

>>28744489
No it's not, when Bitcoin corrects the rest follow suit.

>>28741789
>Someone market selling 10000 BTC

If this is true, its actually a good thing.

We need more of these whales to do this now. It will help increase stability and value in the long run.

>>28741671
fucking kek

Remember when you fuckers laughed at me when Wall Street manipulating GME stock down?

>crypto is safe
>they wont touch crypto

HAHAHAHAHAHA

>>28741397
whales thinking theyre clever and calling elon's bluff. they spent billions trying to short btc to 25k but they got btfo. the only thing the whales accomplished was selling cheap btc to people a lot richer than themselves.mush is an alphabet agency asset. do you think the whales will actually win?

>>28744537
it was at 42k for the longest and then went to 36k before elon bought the bill

>>28741505
The market opening in Shanghai. Happens all the time.

>>28743906
>Geniuses with enough money to tank the market are trading based off Taleb's twitter

>>28741671
I'm getting my baskets ready for harvesting this pink season again.

>>28744489
If btc drops and the relative prices don't change, then the other coins drop too. If you believe the other coins are undervalued, now would be the best time to pick up some promising alts.

>>28741642
How does Elon shitting on fucking DOGE of all things cause BTC to collapse? Come on now.

>>28744339
remember when GRT "corrected"?

Shit is still correcting to .80

>>28744061
kek, this was me last month when we wicked down to 27k (the week before the prolongued bear trap). Went to bed, woke up the next day. Everything looks fine. See people on /bi/z were freaking out hours earlier for a split second before everything rebounded. My portfolio had apparently dropped 20k in value and then went back up to where it started while I was sleeping. alright then

>>28744489
>>28744545
>>28745571
It's bot-trading pegged to BTC movements.

>>28741397

BTC -0.67% 24H
BTC -0.67% 24H
BTC -0.67% 24H
BTC -0.67% 24H

BTC Dominance:61.14%(1.7%)

YEAH, NORMAL BTC DAY

>>28741397
Obviously that whale that was reported moved a ton of bitcoin off their coinbase wallet yesterday. To sell off of coinbase would be an insane amount of fees so they moved it off first. All the coins that took a hit were ones you could get off of coinbase.

>>28745834
What would you say is the best platform to use for crypto (with regards to fees and the like)?
t. normie looking to buy the dip

>>28745997
For a absolute casual who isn't going to try anything other than eth, bitcoin, and doge, go for robinhood or webull or one of the other free ones, no fees, however you don't actually own the coins so they're only good for short term hodlings

>>28741505
Maybe because btc was sub 20k less than 3 months ago with hardly any corrections

>>28741397
Wow a 2.39% drop in a crypto? That's literally nothing at all.

>>28746281
Thanks. What about for other crypto and/or long term positions? I've heard about Binance, but idk if it's any good

>>28746405
it corrected for a whole month lmao

>>28741397
Bitcoin was under 40k last week. Its still higher than that after the drop. People are panicking for no reason imo. Everything is still up just not as far as they were.

>>28745997
kukoin if you're a burger, binance is very good but burgers can't use it without vpn

>>28743398
Unironically doge. Its down to .05 it will be back to .08 in 3-4 days.

>>28746405
>hardly any correction
It dumped from 42k to 30k in less than 24 hours, and spent the next few weeks zigzagging back and forth between 27k and 40k. It wasn't until a week or two ago that it finally broke out of the trend

>>28746655
I have Nord, I guess I can set it to somewhere in Europe. Thanks man

>>28741397
fucking newfags

>>28741397
-3%. Yes it's normal.