/biz/ - Business & Finance

>>29767311
do you think pep talk is going to save you from the consequences of processes you have no influence on?

I sold at 42k

>>29767311
https: discord.gg TnkVJW5p

>>29767441
wow you lost 30 bucks

>>29767441
I think someone else did too lol

This guy ---> >>29767375

>>29767311
I sold well above 50 so you will have to do better than that

>>29767519
I am financially ruined

>>29767441
Thanks for selling to me, my dude.

>>29767794
need that 60k or else imma beat my meat

>>29767375
Better close those shorts anon

>>29767311
I bought

Bought! 60k EOD, gentlemen.

I’m poomping

>>29767311
https: discord.gg TnkVJW5p next 10x meme token

Just had a small climb this morning.. on a Friday. Most alt coins are back to early Feb 8th levels while btc is at Feb 14th level. I dont think you understand why this is bad for the weekend.

Mmmmnope. I bought the dip because I'm a sick cunt.

>sold the absolute top
>bought the dead cat bouce
>panic sold at almost the bottom
>bought back much lower yesterday
Such an IQ rollercoaster

>>29768366
Analysis don't mean shit dude

>>29768532
Nice

>>29767311
Sold at 52k re-entered at 46k pretty happy with that

damnit, I was learning how to swing
fugg, it needs to go back down to 47

>>29768542
Based genius retard

>>29768738
Here’s your pro tip: don’t

>>29767482
BUILT FOR BBC

>>29767311
I wish I sold at 57 and rebought at 47 to have 20% more bitcoin. Why aren't we doing this
Do you wanna make it or not?

>>29768826
I have nothing left to lose

>>29767311
Sell what? I have nothing to sell, i only have holding coins.

>>29768738

see you in 12 hours

>>29768660
It means that there is no confidence yet in the alt market about BTC holding or rising. So everyone is still just watching thinking it will dip further.

How does Bitcoin have value? Why do people invest in it?

>>29768876
>I wish I had predicted the top and bottom
>why don't we just do that?

>>29769179
I feel so dumb but doing that

>>29768679
I hope triggering a taxable event was worth it.

>>29769386
Long term capital gains in my state vs short term is only 25% vs 32%. Who gives a fuck.

We've got further to drop, but keep holding, or buying the dip, or just buy ADA

>>29769386
Just don't declare it lmao

>>29768023
Not happening. I just bought in. Which always means a plunge is imminent.

Sorry bros.

>>29767311
Nope I’m holdin
But desu im making more on my LTC dip buy @ 172

>>29769154
Lets leave the math out and go with a simple explanation.
See pic. Pic is something some people want. If in the box unopened the item is worth a lot. If removed from the box it loses its value. Even if you put it back in the box it loses its value. Why? Because that is how people viewed the items worth. As more view it worth more, its value will go up.

Sold at 56k.

>>29769598
Lmao 90% of people are on a reportable exchange and even if you’re not, good luck playing that game past 2021 where tax returns will require crypto reporting and the financial systems have China tier surveillance

>>29767311
I did... buying back next sunday

>>29767311

>>29769733
I still do not understand. So Bitcoin is supposed to be a cryptocurrency, but why do people invest in it? Isn't bitcoin supposed to be used a currency like dollars?

>>29769834
>>29769598
>>29769386

Reporting crypto is such a pain in the fucking ass. I've been putting off my return this year because of it exlusively. I have to pay $60 for a CSV, then pay another $50 for the privilege for uploading said CSV. Fuck, and turbotax still doesn't have the right headers for coinbase so I can't do it the free way.

Fucking fuck shit hate this goddamn I was better off with my crypto being under the fucking table. Really wish I didn't decide to go honest and switch to KYC this year.

Fuck you, IRS.

last time
bought 47
sold 54

now
bought 49
selling 55

this is why crypto will never stay steady, people buy in then cash out, buy the dip and repeat. I’m just a shitty player tossing around Monopoly money so imagine what the chinks go on a govt backed scale

>>29770342
Unless you’re so high level technocrat geek who can hide intangible ownership, it’s kinda important to remember that even the mafia pays taxes to the irs

>>29770179
Limited supply, just like a collectible. If everyone had some it wouldnt be worth much. Same as if you had to do a task in alley on your knees to earn a dollar but then they printed more and gave everyone a dollar but not you since you already had one. Was your dollar worth it? Crypto is trying to make it so it cant go to everyone like that.

>>29770342
Just print out all your transactions and pay an accountant like everyone with a brain.

Would it make sense to convert my LTC to BTC right now while BTC is 48k ?

>>29768542
Been doing that with ltc. Enough accumulation, I can spend 2 days awake tracking the market and swapping like that, to live comfortably without worrying about it for a few months. So fucking easy

>>29771155
Most established alt coins like LTC are holding at level when BTC was $35k, while it is currently at $48k. No one is buying those markets as they know it BTC is still going to drop. Alt coins like LTC are an absolute steal right now and no one is moving on them. Let that sink in.

>>29770734
Don't governments have to do stuff like print money to stop recessions and depressions? Like what about the recent pandemic and the stimulus checks Americans got? So Bitcoin is limited in supply but can't that be dangerous?

I'm selling right now. See you at $30k.

>>29767441
I sold at 48k... 48k cad.

>>29771956
Fuck

>>29767311
I BOUGHT MORE BTC ON THE DIP LIKE A REAL MAN. THE NEXT BEAR MARKET WILL HAPPEN MID 2022 OR EARLY 2023.

>>29771767
I know bro I KNOW. I'm just tired of holding man. I only have 2 LTC what do you think?

Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha

>not recognizing bear
some of you niggas will never fucking learn

Why would anybody buy now? Sunday is going to be brutal.

>>29774115
Why Sunday

>>29767311
people thinking they were fools for selling are about to feel a lot better about it

>>29768532
hope last night helped, anon

>>29774115
>thinking ahead
ngmi

>>29767311
heh
i sold two days ago