[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 100 KB, 1024x1104, 1612529982082.jpg [View same] [iqdb] [saucenao] [google]
30073340 No.30073340 [Reply] [Original]

>don't try to time the market
>don't sell your btc to billionaires for cheap
>50% crashes are normal, get used to them
>DO NOT SELL WHEN THE MARKET IS TRYING TO SHAKE YOUR POCKETS, BUY MORE
>don't think it's too late, it's never late, FIATs will always keep bleeding purchasing power
>don't short (or you will lose it all)
>don't long with leverage (or you will lose it all)
>don't swing (or you will lose sats)
>JUST BUY BTC, HOLD FOR A DECADE, AND KEEP YOUR PRIVATE KEYS SAFE, OFFLINE
>don't keep your btc in an exchange, buy them and transfer/store them offline immediately, safely, do 100 backups of the wallet.dat or the seed key, again offline
>CBDC (central bank digital currencies) are a scam, a complete FRAUD, a digital equivalent of fake FIATs money
>every project shilling FIAT CBDC or bad traditional finance derivatives is a scam, DERIVATIVES ARE PURE GAMBLING, STAY AWAY
>sats is all that matters, all shitcoins bleed to zero in the long term, if you don't trust me, check 2017-era shitcoin mothly charts
>don't get scammed by easy money advertisements
>don't trust services like paypal, or other "you cannot withdraw your btc offline" services
>don't wrap your btc (wbtc/sbtc/tbtc/renbtc and similar are scams, and they will run away with your private keys, while you will be bagholding a worthless erc20 shit-token)
>don't buy btc with funds like grayscale, you have to pay a premium and you are not even sure if they are 100% backed by btc, high risk of fractional reserve and no key ownership, same with us equities / stocks with BTC in the balance sheet like MSTR, you get only partial exposure and you are basically buying with fractional reserve, JUST BUY BTC
>i was buying below 1000$ and i will still keep buying above 40k/50k/100k
>YOU NEED 56 MILLION SATOSHIS (0.56 BTC) TO BE IN THE TOP 20% OF BTC HOLDERS
>BTC is not a get-rich-quick scheme, it's a don't-get-poor-slowly scheme
YOU ONLY HAVE ONE TASK, BUY AND HOLD BTC
DON'T FUCK IT UP ANON

>> No.30073602
File: 10 KB, 332x336, 1587145887286.jpg [View same] [iqdb] [saucenao] [google]
30073602

>>30073340
Any asset that has zero yield, high fees and zero utility is bound to get dumped on after a speculative run up. Walk away idiots

>> No.30073801

>>30073340
000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000

>> No.30074033

>>30073602
bitcoin is not just speculation
and if you have some guaranteed "yield" it basically means you are gambling with some shitcoins that is re-branding "inflation" as "staking"

>> No.30074153
File: 206 KB, 466x262, picture6.png [View same] [iqdb] [saucenao] [google]
30074153

>>30074033
You fucking retards. Get out while you're ahead.

>> No.30074366

>>30073340
based and truthpilled

>> No.30074400
File: 280 KB, 1024x768, 1614667179523.png [View same] [iqdb] [saucenao] [google]
30074400

>>30073602
Still not selling

>> No.30074413

BTC: "You will own nothing, and you will be happy."

>> No.30074417

>>30074153
out of fiat you mean
i convert every single paycheck into btc and nobody can stop me
if you are blind and you can't see where the economy is going, i'm sorry for you

>> No.30074509
File: 2.83 MB, 1920x1200, ALL_IN_BTC_.png [View same] [iqdb] [saucenao] [google]
30074509

>>30074413
the
>you will own nothing and be happy
are on the other side

>> No.30074588

Should I just dump my savings into BTC and let it sit? Seems like a good idea since it inevitably rises in value

>> No.30074686

>>30074588
DCA in, especially if you have no experience with crypto and the wild swings it will be doing over the next 5 years

>> No.30074694

>>30074400
you're probably one of those morons that doesn't know how to.

>> No.30074728

>>30074694
>1 post by this ID

>> No.30074792
File: 527 KB, 960x864, 1614354121039.png [View same] [iqdb] [saucenao] [google]
30074792

Blessed thread anon. Stay safe

>> No.30074867

>>30073340
oh no I sold at 53k! what will I ever do now????? bobos always lose noooo

>> No.30075027
File: 225 KB, 1000x1000, cheer.png [View same] [iqdb] [saucenao] [google]
30075027

>>30073340
based maxi anon

>> No.30075047

>>30074509
That pic. Lol, I'm literally in tears.

>> No.30075224

>>30073340
kill
you
are
self

it's impossible for 80% of biz to make it this way.
I will buy alts and flip them
I will short during the bear market
I will buy the next cheap alts
I will make it

>> No.30075336
File: 1.16 MB, 1000x684, GOLDEN_BVLL.png [View same] [iqdb] [saucenao] [google]
30075336

>>30073340
Based BTC Maxi. We are all gonna make it frens

>> No.30075572

>>30074686
I'll probably do that then. Do you think it'll climb back up to 58k in this cycle or will it eventually drop down to the low 40k range?

>> No.30075682

>>30073340
only sheep "HODL". Sell, wait for the crash and 5x your stacks.

>> No.30075702

>>30074033
>bitcoin is not just speculation
well if you read the whitepaper it was supposed to be a digital currency but obviously that didn't work out lol. most people are buying it as a speculative investment. some people see it as a store of value but that's probably like 2% of people. most investors are here for huge rapid gains

>> No.30075838

>>30075224
this, i made 100k from 1k in 3 years by trading alts. golden rule - buy the rumor, sell the news

>> No.30077042

>>30073340
based

>> No.30077943

>>30073340
just picked up more, still buying