/biz/ - Business & Finance

>>29921283
Another low effort FUD thread. Why?

>>29921327
it's not FUD it's the truth

>>29921327
The only reason you would call this fud is delusion. This is exactly like 2018

>>29921283
Even if it was true (protip: it isn't), I wouldn't care. Just accumulate more, because we will soon need cryptos to protect against governments and their digital currencies. That's also why I won't sell any significant amount, no matter how low the price.

>>29921491
>This is exactly like 2018
No, it is not. The market is different now, including the context in which everything occurs within it.

>>29921491
If you look more closely, you maybe see that it looks like a mix of beginning of 2013 and beginning of 2017. Which makes sense, as the circles usually take 4 years. But whatever, I hope that many newfags like you sell, so I can take your crypto cheaper.

When /biz/ is %100 pink wojaks for weeks and months on end, that is the time to buy in.

>>29921700
>This time its differerent.

>>29921700
>>29922128
>The market is different now.
Strong sell signal, doomp it.

>>29921700
>"New Paradigm!"

>>29921990
>circles
cycles newfag, opinion disregarded
>>29921700
>this time it's different
o I am laffin

>>29922059
no, pink wojacks are a sell signal. when wojacks turn black and the suicide hotline gets pinned on reddit boards, that is the buy signal. Same as 2018

>>29922128
>>29922237
>>29922262
>>29922332
ngmi

>>29922332
Yeah, cycles. My phone made circles out of it. You want to disregard my opinion based on that? Fine then, have fun staying poor. Couldn't care less.

>>29921633
>we will soon need cryptos to protect against governments and their digital currencies
You’re delusional if you think in that scenario you won’t be targeted and tracked for owning non government approved crypto. This isn’t some fantasy cyberpunk reality it’s a complete dystopia.

>>29921283

>>29922504
I am sitting on my pile of riches from the bullrun. Sold above 50k because I've actually held through a bear market before and know personally the financial ruin the hold meme brings. Ironically you will look back at bobo posters with envy

>>29921491
sure, just like the last dip was the end of the bullrun, or the dip before that, or the dip before that

>>29922571
Try to track my monero down, bitch. There's a reason the ONLY crypto out there that has a reward placed on it by the FBI for cracking it is XMR.

It's the only true king of currencies. There's still time to accumulate.

>>29921283
We might have a brutal correction this year, but still, there will probably not be "black swans" such as bitconnect ponzi, kucoin fud, tether fud, exchanges hacks etc
The whole market is more safe and mature than it was back then, and some of the projects out there may finally be picked on by real world companies. There may be bumps on the road ahead, but 3 years from now, crypto should be in a better state than it currently is.

>>29922571
That's why I'm not one of the retards who don't know there private keys or leave their cryptos on some exchange. Not your keys, not your cryptos. And yes, I believe we will soon live in some kind of dystopia. Some people will be better prepared than others, and I pity the people that trust their governments, because they will have a very hard life very soon.

>>29921283
What are you even talking about, 80% of the board is "IT'S CRASHING, SELL SELL SELL", 15% is coin shill threads by bots and guerilla marketeers and 5% is relationship (or lack thereof) advice.

>>29921491
It's not, unless you think we're in the equivalent of red Christmas right now, which would mean we could expect a major bulltrap rise and (shortlived but intense) altcoin "season".

>>29922632

I unironically kekd at this

>>29922795
>if a previous dop wasn't the end then no dip can be the end
no one was calling for the end of the market in January because it recovered the majority of losses in a matter of days. Please don't tell me you entered later than January so don't remember lmao
>>29922976
just read this thread faggot
>>29923068
Altcoin season happened twice, first when btc crabbed at 10k wheb linkies uniswapfags made it rich, then another altseason on the BSC chain which imploded leaving projects down 40-70%. you are calling for a third altseason this cycle? greed and delusion

>>29921283
That drop down to $3k was brutal, people saying crypto was dead and it was unironically over.

>>29922128
>>29922237
>>29922262
>>29922332
Newfags. It really is different this time and if you don't know why you are ngmi.

>>29921491
You're retarded, but I also notice the other anons replying to you are retarded

We're just in the beginning of the bubble year of the 4 year cycle
I don't know why we have to keep pounding this through you newfags' heads

When the bull trap really comes, it'll be spectacular. -50% at least in one month.
I bet this March we don't even make it down to $28k

>>29923885
>the real bear run will be +50% in a month.
>I don't even think we will get -45% for about a month and a week
anon you are a flaming retard

>>29923563
>no one was calling for the end of the market in January because it recovered the majority of losses in a matter of days.
completely wrong, it dipped 30% over 18 days, the current dip is at 20% over slightly more than a week

>>29924016
>Readingcomprehensionlet
Reread that last sentence please, really think about what the words say

>>29924128
It was below the top for 18 days but it began with a massive flashcrash which recovered, people who sold at the bottom never saw those lows again those 18 days. this has been lower lows the whole time

>>29924152
lets take 30k
30/58 = ~48% drop
end of March would be 1 month 1 week since the bear started.
So 50% in one month, it's over
But 48% in one month and one week, bullrun continues
this is what the newfags are calling hopium

>>29924486
What you’s saying is completely wrong though, the low was 28k on jan 21, well after the initial drop. And a week or so after that it hit ATH.

>>29924699
Actually, don’t bother responding to my post above. I just realized you’re a brainlet.

>>29924486
> people who sold at the bottom never saw those lows again those 18 days.
they did twice actually, and even lower than that

>>29924786
better go long then anon

nothing worse than late adopters crying about the price of btc. if you're not heavy in the green after a 80% drop, what are you even doing in crypto?

>>29921700
>ITS DIFFERENT NOW REEEEEEE
lmao cope