/biz/ - Business & Finance

>>29456767
Alt season is gearing up to kick off and everything goes on sale? I am beyond excited.

Based. This summer will be fun

agreed, the gains were unsustainable and there had to be either a correction or a long period of crabbing.

>>29456767
Seeing the whole board with pink wojaks and normie friends panicking and selling is the best about this market

Buying some tokens on sale is a nice bonus

"Who else is happy seeing their asset lose value?"

Do you realise how absolutely retarded you sound

>>29456767
If this drops well below 40k be prepared for multiple banks, ministers and hedgefund ceo's ridicule its volatility, sending it into a multi year bear market. This might look like a correction now but time will tell how serious this actually is.

>>29456826
>>29456938
When there is blood in the street good sirs...

>>29456984

maybe OP can do math and understand that 65% gains every month are unsustainable

Same, hopefully the bull run is over and we'll be back in 2-3 years. I lost money but I'm in this for long term profits

>>29456984
Delayed gratification is a thing, anon

>>29456767
I was 80/20 in stable coins/shitcoins for about 5 days before the crash so im super happy now, hoping for a 50% or so correction to buy

>>29456992
>be prepared for multiple banks, ministers and hedgefund ceo's ridicule its volatility
Like spring 2017 and multiple times in the past year?
>sending it into a multi year bear market
There are bigger players in the game, but make no mistake, the miners still rule this space. They decide when the bear market is, and that time is not now.

>LTO is at my initial buy price again and the comfiest hold of my life.

I am gonna fucking nut.

>>29456984
You are a small minded retard and probably ngmi

>>29456767
i am down about 10 dollars in the free crypto i received from doing the little educational lessons on coinbase
i am financially ruined

>>29456767
Copium overload

>>29456984
He sounds like those plebbit tards that lost money on gme

>>29456767
I only made 30k this year from crypto instead of 50k. What a tragedy...

>>29457215

Corrections/dips are apart of this market every moron knows that but to say "who else is happy to see their asset lose value" is an absolute grade-A retard

Because I guarantee OP isn't happy at all to be losing money at all.

>>29457601
Wrong

People should indeed be happy/reliefs about this dip if their intention is hodling. Its very healthy for the market. I would have felt disturbed if this retarded pump would have continued further

>>29457601
Exactly. The only thing I am pleased with is that this voluptuous correction adds sustainability to the cycle. We will all be richer, and we must prepare for at least 1-2 more such dips before the bobos really come out.

What the fuck is a "correction" everything is on fire sale and I'm gonna pick me a ray gun lmao

>>29457601
Wrong, retard

>>29457821
If only we could have come out of this with more profits. I'm too much of a pussy to time my trades and swing, and didn't think I needed to tether up. There are lessons to be learnt.

>>29456767
same, fucking elon hyped this shit up too early

>>29456767
Same. It helps that I took out my initial investment (which is just fun gamble money at this point) and the rest I bought in low enough that I'm still up 200%.

>>29457601
>Because I guarantee OP isn't happy at all to be losing money at all.
You only lose money if you sell.

>>29457365
Basically copy and pasted

it does suck to be down 100k in one day lel. but I suppose I should be happy to have done well enough in crypto that I could be down that much at all

>>29458054
Don't beat yourself up, anon. If it is any consolation, I'm not smart enough to time these corrections, and I don't attempt to. The stress/taxes aren't worth it for me.
The macro cycles are much easier to see.

Where my falling knife catchers at

>got into crypto dec 2020
>leave crypto with 300% gains
>could have been 400% but oh well
>wake up
>portfolio is actually slashed with a hacksaw
Hahahahahahahahahahahahahhahahahahahahahahahahhahahahahahahahahahhahahahahahahha

>>29456984
Im ngmi anytime soon but having everything shit the bed right before im going to get 10 grand from refund and stimulus check is a godsend

>>29457365
>>29458137
Newfags
>hehe I've been here two months this just like GME!!
kys

>>29456984
You have a very low IQ. This was needed

the yanks aren’t even up yet

its not over check these digits

>>29458491
Kek that's right! I wonder how far itll fall

>>29456984
>does not understand how markets work
>thinks only in greed
ngmi

>>29456767
im actually in great spirits watching this correct since it means more tokens on the dips. Im gonna clean house and ive barely lost anything on the few coins im in. hoping btc corrects hard to like 20k just so I can laugh at all the people that are unlocking the rope box and being too stupid to know it'll go up eventually.

soft dainty hands

>>29457947
based zoomer faggot

>>29458687
I'm 25 tomorrow, anon, I just have poor taste

>>29458846
Ayy happy birthday nigga

>>29458915
Thanks man

>>29456767
I am, everything I want is on sale. Just wish I had more cash in reserve.

>>29456767
>we just need to cool off for the next rally

feels like a nice summer thunderstorm after a heatwave

>>29458054
Same, the February craze got me and I fucked my accumulation phase due to some fear of missing out.
Waiting to hit the real low to get back on track. No savings lost and still got bags, but fuck me I could have got much more

>>29456767
Agreed. Not selling but this will be a good opportunity to pack bags.

>>29456767
>Who else is happy about this correction?
I was definitely a little bit panicky at first, but it really is just like those pink wojaks on the rollercoaster. It's terrifying, but it's also insanely fun and one of the most interesting things that happens in crypto. We will literally be talking about these moments as though they were epic legends to our children.
Now, I'm actually buying the dip. ME! I started in 2020! I'm fucking buying the dip! This shit is rad when you know how to play it after getting the ideas drilled into your head by the crypto youtuber space.

>>29457150
>the miners still rule this space.
they do? please tell me more, I wouldn't have thought they were the biggest whales anymore/

>>29456767
I just want a comfy 30% a year is that too much to ask

>>29457797
>I would have felt disturbed if this retarded pump would have continued further
This. I need the fucking price to actually TOUCH the 20 Week MA already. That would give me peach of mind and I would buy the dip so fucking hard and fast your heads would spin.
So yeah, losing money is simply part of this whole thing. Losing money and buying the dip happen simultaneously for investors. So yeah, >>29457601
I'm a little bit happy to be losing money right now, because I literally planned for this. This was foreseen. I actually wanted this to happen. If we didn't dip, my mind would continue to be un-grounded and abit lost, to be fair.

Just hoping it last for another day so I can buy more tomorrow

>>29456767
Lost 20k in a day but still happy, as when it dips I can accumulate more

Guys we have too many newfags in crypto again, it just has to dump 20%, these cunts sell instantly

what are ya'll badboys buying?

>>29459993
ETH cause it hasn't hit it's real ATH yet

>>29460017
I will never buy this shit coin again

>>29460064
You're gonna get priced out anon

>>29456767
My only regret is putting 80% of my folio in ETH

Someone plz tell me it'll be at $5k in 3 years.

don't you guys remember just last week when there were at least 2 threads in the catalogue asking "when is the correction?"

>>29456767
Damn straight buddy.

All these newfags too busy staring at anime tits. They need to learn about the markets

>>29460187
well yeah but i didnt think they were serious, i thought they were just having a giggle

>>29460017
worst choice

>>29456767
based. Down 1M and feeling good. Hoping we have a 2013 pattern where by November we’re all filthy rich.

>>29460175
The gas fees are too high anon, people can buy shitcoins on BNB or HTR or some better infrastructure to come, Ethereum is not a recommended long term hold anymore.

>>29460175
ETH is an old shitcoin and everyone's realizing it this past bull market.

Anyone who argued that crypto was a hedge against inflation but sold now didn't even believe their own arguments and are weak willed poorly disciplined investors. We haven't even seen the effects of printing trillions of dollars yet.

>>29456767
Down 150g’s. No longer a millionaire. Not selling anything except that piece of shit ETH if things get really bad. Considering sacrificing 0.1 BTC to the bear gods. It seems that every time I sell, even the slightest amount, price rebounds.

Just bought 1000€ of coins. Feels good, like a fire sale at the mall.

>>29457050
why the hell would u want the bull run to end?

>>29457215
>>29457070
>>29458599
>>29458440
thank you bros

>>29460017
same
though honestly might try to swing from BTC first into ETH because of how BTC tends to interact with alts

>>29460415
sell, pls do it, for us

>>29460403
>>29460405
Well then why does coinbase say 79% of its users are buying it right now if it's so bad?

But seriously, yeah, I know. I know the upgrade probably won't fix it. I felt the sting of high gas fees.
But it was my first crypto purchase ever so I will hold it as a reminder of my first days wading into the world of crypto.

just wanted to make 2k to buy a car to get to work, now I lost over 600 and I have to hold forever. Yes, my net worth is not even 3.5k. I'm poor af

>>29459513
>Crypto youtuber space
What are you talking about, all those fuckers are shills trying to sell their "get rich fast" courses or stupid indicators

(ETH) 0x100bdce374bc78d8730235a8B10E98124Ca6ec41

(BTC)
3GEDR9vvdfH1yKjZgoxziSYAZ8EFs4MCbg

Someone help me please.

>>29459513
Go back

>>29456767
I sold on Sunday over Tether FUD.
I'm still concerned about them, we still don't have an update on their SEC case, and Whale Alert shows they haven't been printing the last couple days, despite a pattern of printing hundreds of million per day recently.

>>29461041
you’re gonna get banned nigga

>>29456767
Only the newniggers are panicking after this
Its so tiring reading so many newfaggots everywhere in everythread saying retarded shit like this nigger >>29456826

>>29461413
like this guy, how fucking new do you have to be to unironically believe tether fud
I fucking hate nubiz
I cant fucking wait for bobo to be out and swiging so you all leave for 3 years

>>29460647
>I know the upgrade probably won't fix it
Not probably, Vitalik straight up said it wont fix fees on either layer.

>>29456767
honestly i dont even care anymore. im just here for the memes

>>29461755
Fuck you, I'm never leaving. I live here now.
Get your butthole ready because me and my family are moving in

>>29462050
oh you will leave once you're down from your $300 to $40
They all do
Newniggers said the same in 2017
EY YO ILL STAY FOR YEARS AND BUY THE DIP
and yet 2018 biz was so fucking comfy cause everyone left
You will be one of them cause you're wagiebrained

dubs and market will go +200% in a week
singles and this keeps going until wagies who invested more money than they could commit sudoku

honestly feels good to cool down a bit, buy back some long term holds at a better price, keep farming with good APR. It's not like the bullrun is over.

>>29462178
I'm in for $1500 so far. I admit, this would suck if I was poor and I'd probably try to minimize my losses.
But I'm not and now I can afford to spend the next year researching and getting some good stacks going.

Thanks for your concern, though.

>>29459513
You’re a fag

>>29462787
how about someone that is poor and wanted to escape his shitfate_ im trzing to learn these shit but so much info in so little time,
honestlz im holding because i dont want to get double rekt but would reallz like to minimiye mz losses

>>29463363
Did you have a stroke while typing that?

Officially own an unknown amount of xmr...
Figures, buy at 207, instantly drops to 187 once the transaction clears.
Oh well, ill be buying more over the next couple days.

>>29456992
never in your wildest dreams, kek

i'm also down, A LOT. i wouldn't say i was happy. it makes sense though. i am still bullish though the drop definitely shook me a bit. did not expect it to hit a new low so soon after yesterday. my plan was to hodl, and i guess i stick to that plan. if it really is over i will still be able to exit with some profit at least, though i will not have made it.

>>29459993
iota

How low will it go on the Americunts wake up in full? I'm waiting for the perfect buy-in moment.

>>29459513
Get fucking off this board you fucking nigger.

>>29463936
It may dip another 10%, I think.

>>29464120
It's not gonna fall down further to like 45, 46k? I'm thinking it definitely might, depends on how many people panic sell.

>>29463469
He's a nigger, they go out of their way to misspell.

On a related note I've seen my family and friends on fb mention how they bought btc. I just ask them, why during the ath?
"it could go up, you never know!"

It's been fun watching everyone bitch about it. Because they didn't see it coming.

>>29459513
FUCKING CRINGE

>>29464120
maybe, but I wouldn't bet on that
I'm ready to buy nonetheless

>>29460647
Just because long term ETH and BTC will go to zero that does not mean you can't make money on the way.

>>29464197
It doesn't matter to me much that I got in at ATH because the amount I'm buying wouldn't be lifechanging even if it did go 10x from when I bought. It would have been cool to get that on my first buy but I still would have regretted not being able to put more into it before it took off, and I think your family and friends would too.
A coworker of mine said he bought $20 of LTC on rh. Twenty bucks. Why even bother? Others I know are doing similar shit with doge. Casinos offer a better value if people just want to gamble.

It sucks I might lose most of my initial investment but this is a start and in a couple years I want to have at least three good sized stacks of things I'm interested in. I don't see any other way of a noob like me making it otherwise.

I'm getting old. I need to make it.

>>29457003
Absolute fucking amateurs

>>29456767
yea, this dump bought us more time

>>29461041

Sent ;)

>>29456767

stop lying to yourself the correction is still down to sub 30 k and a crash.

crypto is not worth, what it is worth. Nobody actually uses crypto. it is a meme and probably 10-20 years away from adoption.

>>29465782
it's about reading the market, not your weird understanding of value

Was pretty sure the correction was coming but the double dip before it caused me to hold longer than I should have. Still fine with it all even as it continues cutting into my wallet. I have no choice but to hold. Just wish I had more funds now instead of later in the week to buy more of this dip.