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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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29268682 No.29268682 [Reply] [Original]

I’m primarily a /pmg/ nocoiner fag and want to know if I can still throw in my life savings into BTC and make an okay chunk of change. Elon’s got me full of FUD but do you think it can really hit 100k by summer?

>> No.29268794

>>29268682
Lookintobitcoin.com

DYOR, I have ADHD and know my gains are safu for right now but haven't put much thought into this lately.

>> No.29268920

I and everyone I know who were into crypto before 2017 have said that right now feels almost exactly like early/mid 2017 when BTC was around $5k.

We might just be a bunch of fucking idiots and it crashes at $70k, but speaking from experience, the current market sentiment makes it feel like we're not even close to the top yet.

>> No.29269072

>>29268920
RHOLD and MVRV algorithmic models suggest this sentiment to be true.

>> No.29269089

>>29268920
Thank you, I guess I feel safer knowing if BTC crashes and burns, so will the altcoins and all of /biz/ lol

>> No.29269167

>>29268682
post stack and hand

>> No.29269478
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29269478

I'm inclined to be a contrarian investor. Get in early and ride huge profits when the normies flood in. The price of Barrick Gold is great right now.

>> No.29269583

>>29269072
>>29268920
As another 2017fag who lived through it all, I would agree. Also, anyone who's forgotten what Dec 2017 euphoria felt like should just think back a bit and remember what GME at $400 felt like. That's true euphoria; what we have now is still simply enthusiasm. It may be OVERenthusiastic, honestly, and could pull back a lot soon. But it's nowhere near time for another crypto winter yet.

>> No.29269611
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29269611

>>29268682
today I will remind them

>> No.29269682

>>29268920
Was here in that $1k time
My forebrain says $100k is the target for this run but my apebrain says $200k will be the top, realizing that the "correct" value is always grossly overshot
I think we top out around August
It is absolutely not the top now. Doesn't feel even remotely the same.
Fortunately we just had gamestop shenanigans so you all have a case study for what bubble tops look like. There is no comparison between the vibe now and the vibe in January regarding gamestop

>> No.29269779

>>29268920
This is absolutely mid 2017. There will be a sizable crash soon, then another huge bull run in September.

>> No.29269783

>>29269583
Hivemind. I agree completely. It was honestly fucking crazy in december 17, I guess people just don't remember. There was that guy who sold all his shit and his house and moved his family into an RV to go all in.

>> No.29269798

2013 and 2017fag. let all the new blood take note when it comes down it is going to come crashing down so hard people will be HURT. and then you buy motherfucker like you've never bought before.

>> No.29270561
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29270561

>>29269167
I got 100oz on the way and am putting the rest of my money in Bitcoin, pray for me anon

>> No.29270651

>>29270561
>dirty cokefiend thumbnail
disregarded

>> No.29270869

>>29270651
The nail is for guitar, I swear. I gave up the devil’s talcum when I got the news that the Lord blessed me with a son lol

>> No.29270958
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29270958

>>29268682
Shut the fuck up homo >>>/mlp/

>> No.29272248

Unironically dump your BTC for BHS

>> No.29272744

>>29268682
Just think, $4000 invested in Bitcoin 11 months ago would have bought you 30 gold ounces today.

Yeah, Bitcoin is headed for six figures this year. If you have a five-year time horizon you'll probably see a 20X.

>> No.29273855

>>29268682
Sure possible and likely, we have like 6 months of bullish momentum left. I believe that BTC will be $1million in my lifetime. Tax returns will be coming in soon and there is a 1.9 trillion $ stimulus planned and the Ripple VS SEC matter gets settled in like July. Looking good desu.

>> No.29274217

>>29268682
Ahhh but this nigger Elon thinks his shit tier tesla is worth x5 split 800? Fck this nigger... He's literally pissed off were calling him out on his BS on Reddit... Short Tesla wall Street Bets style... Fck this punk... He thinks were rats. Have you seen what 1000 rats can do to a person. Yeah, its kinda like that...

>> No.29274252
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29274252

>>29269478

>> No.29274351

>>29268682
BTC no you nigger... Its simple math. ETH is the next BTC. Do you want to x8 BTC or do you want to x16 ETH.

>> No.29274603

>>29268682
Why is there no /pmg/ thread up? change this at once

>> No.29274901

>>29274603
stealth thread

>> No.29274941

>>29274603
>>29274901
"PAN MAN"