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/biz/ - Business & Finance


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29463465 No.29463465 [Reply] [Original]

Can someone just explain to me why everything is going to shit? Is it likely to return?

>> No.29463521

It’s a fucking sell off newfag, just hodl and buy the dip Jesus Christ.

>> No.29463595

Because Tesla isn't worth 10% it's currently trading at.

>> No.29463619

>>29463465
its a foreshadow
something is about to happen anon, start packing your stuff

>> No.29463620

>>29463465
The market suddenly realized that Biden is actually president and Trump might not really be calling the shots with the military on his side from a secret base.

>> No.29463674

Also America actually doesn't produce anything outside virtue signaling, debt and boomer ponzi schemes. It's all a house of cards that is knocked over by a stiff breeze.

>> No.29463768

>>29463595
>>29463674
You don't even know what OP is talking about do you

>> No.29463830

>>29463465
As an oldfag of this board, SELL SELL SELL SELL SELL! The end times are upon us my brother! Never again shall we see profits. It’s all over. Losses and homelessness to any who don’t sell now. We’re all DOOOOOOOMED!

>> No.29463996

the boomers were right. 50% market trackers and 50% bonds is the only smart investment.

>> No.29464004

>>29463465
Massive dump from F2pool to manipulate the market, likely due to BTC futures being called on Friday (end of the month) and they have some orders to fill. Some big guys could still come in and buy a billion though, don't be fags and paperhands. You will bounce back within a fortnight at the most.

>> No.29464037

>>29463465
biz hasn't a clue about this and/or every other subject

>> No.29464469

First sell off. Been here 2 bullruns. AMA.

>> No.29464922
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29464922

I just wanted to understand what's going on. What's a sell off?

>> No.29464961

>>29464469
when can we expect to see greens? When can I buy more?

>> No.29465009

>>29463465
It's a bull market correction, happened in all of the last cycles. This is our second one. BTC has yet to reach it's bull cycle top. Hodl and stay calm

>> No.29465082

>>29464961
end of week

>> No.29465263

>>29463465
We've been in a steady cultural decline since at least 2007.
Lower infant and childhood mortality means more maladaptive traits survive manifesting as mental illness.
We've got more autism more schizophrenia fags trannies etc.
I think this is the great filter. It's not nukes or climate change or asteroids.
It's success itself.
Once we develop society to such an extent that natural selection no longer applies we prosper to death.
Our own success becomes a cancer. And it grows and grows until it chokes our species out through insanity. Nature wins in the long run.

>> No.29465302

>>29464961
Buy on the dip. It goes in rounds. Round 2 just got executed. They might go for another round tomorrow and that should be the bottom where we stagnate and then slowly climb back up. But I expect a whole week of red desu. This cycle looks exactly like the one from 2013

>> No.29465445

>>29465263
kek. The lad was asking about the market not civilization.

>> No.29465484

>>29465263
This is literally what has happened to just about every major civilization in history.

http://blog.adw.org/2016/10/eight-stages-rise-fall-civilizations/

>> No.29465495

It's a fire sale fags, load up on your favourite coins while they are going cheap(er).

>> No.29465502

>>29465302
oh fuck, I don't really like the sound of that
what do I do as someone who doesn't know how to sell, but only accumulate?

do we expect to fully recover in a month or so, if I just hold through and buy dips here and there?

>> No.29465644

>>29465502
You've got a green I'd, you'll make it, you'll know what to do when the time is right

>> No.29465680

>>29465502
Just buy and hold. Its going back up. They're shaking out all the retards. I don't blame them. It had to happen seeing elon fucking up pumping that shitcoin doge. Normies getting excited. It was bound to happen. I hope they all fuck off so we can have a nice run without constant euphoria.

>> No.29465776
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29465776

>>29463465
It's Jews. They saw you might be able to escape debt and wage slavery with crypto and shut it down

>> No.29465872

Knew it was coming, didnt think it would cut so hard into my profits this month. I just wish I had more money set aside to buy more right now.

>> No.29465977

>>29463465
My Canada savings bonds are earning me a cool 1%

>> No.29466121

>>29465872
So the idea is to buy into this with stocks that were holding steady prior to this?

>> No.29466158

>>29465445
Are the two not one in the same?

>> No.29466266

>>29466121
if by stocks you mean crypto then no because to trade with it you'd have to sell it at a loss

if you want to buy more you have to do so with fiat, otherwise hold

>> No.29466377

>>29466266
> if by stocks you mean crypto

>> No.29466437
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29466437

>>29466266

>> No.29466514

>>29466266
Yup, just going to hold existing crypto and pour more money in until I regain my old gain positions. Could take more than a month though at this point.
Oddly with >>29466121
I do plan to liquidate all my regular stocks else where even those in the red just to help with getting more coin.

>> No.29466618

So my only choice is to hodl?

>> No.29466635

>>29466377
>>29466437
Yeah, new people sometimes call crypto "stocks". Assumed he was one of them you retards.

>> No.29466696

>>29463521
you're the newfag bro
it's over

>> No.29466749

>>29463620
kek

>> No.29467307

>>29466618
yes don't be a paperhands cuck

>> No.29467705

>>29465680
>>29465302
>they
Who?

>> No.29467834

AAAAAAAAHHHHHHHH
SELL SELL SELL

>> No.29468221

>>29467705
the small rootless international clique

>> No.29469106

>>29463465
crypto is very volatile and has been massively overbought.

If there is a wider reason, there is usually some correlation with the stock markets. Markets have been falling because of fears over inflation. The idea is there might be less stimulus money because it would cause more inflation.

>> No.29469217

It's only going to "shit" because you bought the top you troglodyte. Most who bought in before end of last month are still ahead, if not sold their bags by now.

>> No.29469249

Just buy the dip

>> No.29469262

Everything dumping

Just seen $MCM mochimo looks great

>> No.29469271

>>29466696
Yep its all down hill from here

>> No.29469294

>>29463619
Why? We going to moon?

>> No.29469316

>>29467705
imagine not knowing who

>> No.29469338

>>29463620
The whole bull market began after Biden won. Go back /pol

>> No.29469357

>>29465776
This.

>> No.29469400

>>29463465
Janet Yellen said she didn't like BTC and whales dumped.

>> No.29469914

>>29469338
You're an idiot.

>> No.29470511

>>29465484
This is all just a fancy article detailing "from hard times come strong men" meme. If youre not in the /pmg/ thread you're wrong, and if your PMs don't include brass and lead you're double wrong.

>> No.29471174

>>29469316
I wanted a more specific answer instead of muh joos. Obv its (((them)))

>> No.29471664

>>29465680
Normies are the ones pumping your bags.
Each run requires more money pumped into it. We're out of new autist money, now we're running out of normies too.