/biz/ - Business & Finance

Deluded 15k incoming

>>29482044
we're at the second one tho, did you forget january?

>>29482044
Then a 85% correction faggot
you never know when the big one comes
Lets hope btc stabilizes sideways when tesla stock stops dumping so we can have an alt season

denial

Thanks, just sold my parents house and doing 1000x long on btc.

>>29482152
There will be no alt season

how long did the 2017 bullrun last?
because this one started in march last year, it has been a beautiful year of gains but i'm starting to think that it's over

>>29482189
Based retard.

>>29482044
>The bullrun is just starting

Lmao imagine being so delusional to even think that

>>29482152
>you never know when the big one comes
People who've been in crypto since 2013 know all the signs by now. Obviously a black swan event like in March is impossible to predict, but if a black swan doesn't come, the bullrun will last until july/august at the very least.

>>29482220
This is not 2017, there will be no alt season. No money will flow into alts, it was all about BTC, BTC and BTC.

>>29482319
Read the replies, no one cares yet

>>29482220
Typically the bull markets come to an end about 18 months after the having occurs. By that time frame we have until September or October. Every time there's a correction /biz/ thinks it's the end no matter what historical precedents have been set, and how exactly the pattern is repeated.

>>29482319
Based simpsons profile pic boomers

>>29482152
>you never know when the big one comes
This is why you put on automatic sells daily

>>29482044
i agree.
Stimmy checks haven't even gone out yet.
We atleast have 1 more major pump coming.
But with billionaires and businesses buying now, i'd say we're only just started.
$1000 chainlink
$100 GRT end of year.

You forgot January.

>>29482177
>>29482111
Retards.

>>29482152
>>29482193
There will be a massive alt season and the big fat -80% will come when everyone thinks BTC is the future and 1m is possible.

>>29482319
>just boomers/xers seething that crypto is fake and millennials/zoomers are retards

Naw the GBR is still on.

We only had -22% correction today i think we're going to test low 40s at the very least

>>29482354
Newcomer here, what is a black swan event? I can extrapolate a little from context and the name, but I want to verify with experts too.

>>29482385
we already had alt season retard, my altcoin did a x200

>>29482385
I hate you fucking maxi faggots with every fiber of my being. Watching King shitcoin implode will be glorious.
The Lizard mommy is coming for you.

>>29482883
what altcoin, faggot? the summer defi run was narrow.

>>29482662
Imagine thinking grt is going to go up instead of down with the supply release. Grt is going sub $1

>>29482859
Are you too retarded to know what happened in March last year?

>>29482859
Something extremely rare that can fuck up a market. Like a pandemic, or huge war.

I'm struggling to come up with more examples, especially specifically relating to crypto. But you get the point.

Also, a black swan event isn't always negative. Just something extremely anomalous. Could be positive, as well.

>>29482859
It's from nasim taleb's books. The black Swan in particular. It's a n unexpected event with extreme consequences. People that are exposed to fragility break while the antifragile benefit.

>>29482940
>t. degen gambler who doesn't understand crypto

>>29482125
Correct, this is the 2nd correction and it happened more aggressive than January. But the bounce back could also be more aggressive considering there is more institutional/public awareness than even January.

>>29482859
Imagine being a newfag and you FOMO into avax at 20, then the hype and the new tech start selling this shit into the nearest nebula....... until a bug crashed this shit harder than the Hindenburg and now during correction time it's a sub 30 turkcoin.

>>29482804
Yeah, my hope is that we'll go down to $41k before bullish continuation. Newfags don't seem to understand that the further back this correction goes, the longer the bullmarket will be able to go on before it reaches exhaustion.

If this correction had not come, we would have reached $70k some time in March-April, and that would be the end of the bullrun. Luckily that did not happen.

>>29482354
This was a once in a lifetime chance last year. And I congrat everyone who bought in back then. I was to afraid to go all in back then, still haunts me at night.

>>29482152
>you never know when the big one comes
There are algorithm that calculate that...

>>29483769
And then they get fucked anyway because they are useless at predicting real world events

>>29482662
This. We are already recovering. Remember, they unleashed a x10 on every single asset. Plus stimmies arriving. Plus BTC dipping so we can buy the dip. Plus alt projects just gearing up for longterm gains. If you zoom out it's green candles all the way to Christmas and beyond. Buy the dips.

>>29482657
What time? Then you'd lose out on moons

>>29482940
We are coming for you Christine.

>>29483076
Priced in you retard. This is the most pathetic FUD of them all.

>>29482044
Are any TA spergs looking at the current BTC chart.
The candles are getting bigger the further we get into the dip.
Doesn't that mean anything in particular? Large indecisive candles at the bottom of a 25% pullback...

>>29483091
I wasn’t here last year.
>>29483277
>>29483348
>>29483570
That makes complete sense. I knew black swans were highly unusual and thus an event named after them were probably similarly anomalous, but the explanation settles what I was thinking. Thank you!

>>29482044
i think its still early. btc might get to $90k, but i think whales are getting out before $100k
i might buy some altcoin.

>>29484653
I'm not selling my current stack in case the market suddenly turns bullish, but I have massive buy orders down at $41-42k since that will likely be the bottom of this correction. Followed by 2-4 weeks of consolidation + a mini altcoin season like we had in early February, before BTC continues upwards.

>>29482044
And this time institutions are buying up all the dips. Literally thousands of BTC are sucked out of coinbase every single day. What do you think other corpos are going to do after seeing Tesla's 1.5b BTC investment double in a month?

>>29482516
thank you, based oldfag, i started trading in feb with 25k and doubled it, almost tripled but didn't know how to sell at the top. i'm seeing more of you guys just roll your eyes every time the panic sets in.

>>29482044
but according to you guys the bullrun is always starting

>>29484433
>>29482044

So much bullish dubs today

>>29482044
Why do you think it'll happen in the same way again? Stop deluding yourself.

>>29485710
And everything that happens is bullish even when they lose money

>>29485710
It's a coping strategy. No one without political power relaly knows what will happen

>>29482044
All this shit is run by the Chinese so they draw whatever they want/
They will let you win and take everything a little later.
ludomaniacs
be prepared

>>29485815
Fuck
>>29485822

>>29482319
>gene simmons has done more research and has a better portfolio than elon musk and all of reddit
Actually kinda based

>hold brubrus

>>29483277
>Also, a black swan event isn't always negative. Just something extremely anomalous. Could be positive, as well.
No, the inverse of a black swan event is a white swan event.

>>29486309

>>29486073
>mfw I thought the "my lil btc stock" thing was all just a 4chan meme

>>29482354
redpill me on what the signs are anon

>>29486562
I learned it wasn't a meme when I heard people saying it out loud IRL

>>29486006
He's jewish, it's no surprise he's a better financier than musician

>>29486562
wtf was this when those Facebook Karen boomers were selling bitcoin "packs"?
they were a huge scam back in 2017 and every normie was buying them lel

>>29486767
His marketing/branding is actually pretty impressive. He turned a mediocre rock band into a cultural phenomenon and cashed in every step of the way

>>29486780
I took that screenshot 2 min ago, but idk he could just be a 2017 bagholder (most likely with $50 in btc that it isn't even worth cashing out because of fees)

>>29482044
These stupid nogs are gonna miss alt season.

>>29482152
it's pretty easy. when interest rates rise btc will dump hard

>>29487012
Interest rates haven't risen dramatically in over 30 years. Raising interest rates is basically the feds throwing in the towel and the absolute very last resort. They will print out economy into actual hyperinflation before they dramatically raise interest rates

we are going to 100k before a crash down to 20k, then we will hit 1 million next bull run

>>29483675
>I was to afraid to go all in back then
You didn't need to go all in. ETH was $80. With a few thousand dollars you'd be a millionaire now.

>>29482044
We already had like 5 or 6 on our way to $58k, you just didn't pay attention because you're new. It's over.

>>29488406
BTC has only had one (uno) 30% correction since the March crash.

>>29487006
One of the posters mentioned she got them in 2017, it could be that. I dont believe they understand how to buy a bitcoin lmao

>>29482193
Wrong. Tech will win in the end. Btc is mostly a meme. Mining farms are a joke.

>>29482044
I fucking hope so. I'm hurting real bad rn.

If you retards haven't realized this is nowhere like 2017. That bull run was partially organic. This is just a tether green vertical dildo. There are no similarities. Dont get me wrong, Im still bullish mid term but just stop with this bs

>>29482044
>history always repeats itself

>>29482044
You're right. But it doesn't matter. Let them sell. They need to learn the hard way, the only way.

>>29488757
You're right, but it has had 4 corrections that were 20-25%. 5 if you count this weeks correction. Along with a fuckton of 10-15% corrections.

The corrections have been slightly weaker than during previous bullruns because each correction has been bought up quicker due to more demand.