/biz/ - Business & Finance

Many won't see the other side

>>30259270
Very fucked much sucked.

>>30259270
Holy shit. When you put it like that..

>>30259270
You are only fucked if you sell. This has been true for as long as BTC existed.

I don't fucking get it - who would be selling for fucking fiat in this situation? You are literally better off holding anything, fucking toilet paper right now. BTC has its flaws sure, and it is not without risk, but fuck me, chuck-e-cheese tokens have more value than fiat.

>>30259270
The best time to sell was about a week ago, but the second best time is now.

The next dump will start any minute now

guys is the bull run over

>>30259408
Simple, sell now and buy at the deeper deep on sunday

>>30259442
Unironically this.

>>30259408
Can you trade chicken choose coins for something at your local grocery store? No. Fiat is still the dominant trading currency...

>>30259833
checked and sad

>>30259356
OP under a different ID. Nobody is this gay.

>>30259270
BTC NEEDS TO FUCKING DIE ALREADY IT'S ABSURDLY EXPENSIVE AND MORBIDLY SLOW

Doompa

Please fucking sell already, you stupid newfags

>>30259888
Cold. The currency of the future

>>30259833
Golden ID and dubs confirm GOLDEN Bullrun

>>30259442
*yesterday
fixed it for you.

what this pattern is called

>>30259408
I get 5$ per day for stacking in USDT. In the US this is nothing but where I live the minimal wage is 400$ by the current USD ratio. It's comfy. Why bothering making risk trading right now when we will have opportunity to buy when we have a good dip?

>>30261750
Bottom in two days

when the yank stimulus payments dropping? we need the pamp

>>30261778
How do you get 5 dollars a day stacking USD

There maybe another pump. But then better to get rid of those casino money.

You would unironically be retarded not to cash some at this point. It's better than watching your coins bleed to zero.

>>30261869
Binance 6% per year on USDT savings

>>30259270
controlled dump.Imao.
45K-40K break we go to 34K
Now Imao we can go up. 1 - 2 day train come in.
Bulls trap all day.

My Bitcoin stock is doing really bad.

>>30259270
That instant rejection off of 52.6k just made no sense whatsoever.

>>30259270
Everything is fucked right now. Stocks, crypto, real estate and PMs

>>30259270
OP. Pro tip here. SENT is the biggest alpha in comms industry in decades. It's going to spread the western imperative via a system of wireguard and v2ray nodes.

>>30262166
It was just heavy selling pressure due to the over all market conditions

>>30262261
From one second to the next?

And look at the way the downtrend just casually staggered its way back below $50k after that.
It's uncanny, like a bad special effect.

>>30259408
turns out, everything is artificially inflated. Crypto, gold, everything. There's too much leverage at play

>>30262166
It's because that pump are fueled by Tether printing.

>>30262398
That makes even less sense.
BTC is always pumping before the printing happens. The printing is based on demand.

>>30262398
>People see what they wanna see
>causality vs correlation

>>30262325
Crypto is already the special snowflake in the market, but sooner or later comes back to reality. Powell sounded bearish af

>>30262485
The more bearish the ring leader of the fiat circus, the better for crypto.

>>30262516
Mid to long term I totally agree, but short term crypto wont be the safe heaven.

>>30261792
Already priced in.

>>30259270
kek...why do you neets obsess over every percentage move like a bunch of golems? btc go up btc go down...who cares?

>>30259270

these selloffs happen every few hours, it's clearly an institution dumping huge blocks then waiting for buying pressure to restore the price before dumping again. Fucking infuriating as a long but what the fuck can you do.

Yo fags should sell so it pumps

>>30262586
>these selloffs happen every few hours, it's clearly an institution dumping huge blocks then waiting for buying pressure to restore the price before dumping again. Fucking infuriating as a long but what the fuck can you do.
go look at 2013, 2017 btc charts, you fucking retard.

This is expected and also the third time we do this.

>>30262586
Making up stupid points is insane, but luckily everything is connected on the blockchain and you can do transaction and flow analysis. The only real bearish ones right now are the miners. But everyone is playing games so who really cares

I'm profitable on an altcoins, if I would've sold 12 hours ago I would've more than 2X'd my money. As it is now I can sell now for 50% gains.

Should I go ahead and sell? I feel like there's another major pump coming...this feels like fake dump

>>30262688
>Making up stupid points is insane
what?

>>30262758
I would sell, if it dumps you buy more, if it pumps you made 50% anyways

wouldn't it be a great time to buy right now? its gonna go up again anyways kek

>>30262758
>No one can decide that for you anon. General trend is up, but you could lose that value. Maybe you bought tops.

Take an amount off the table that makes you feel more comfortable, and let the rest play out.

Set stop losses.

>>30262890
yes

>>30262166
it was fake breakout up, since everyone had their target at 54,55k whales did a big fakeout so they can get out of their position dumping on noobs

>>30259270
>The descending staircase candles of doom
....guys?

>>30262967
big money is getting out, take profit if u dont want to be a bagholder

>>30262910
Fuck that I'm all in

>>30262967

aka someone with a lot of coins is systematically dumping them and waiting for the price to recover before dumping more

>>30262928
>everyone had their target at 54,55k
Take your meds.

>>30262910
NEVER SET STOP LOSSES. YOU /WILL/ GET SCAMWICKED.

>>30259270
Someone is fucking with us. Do not bite.

>>30263038
In the 2017 cycle, I watched 700 bucks go to 15,000 and back to 7000 before I sold.

If I hodl'd, it would have been $700 again.

Your call anon. God speed.

>>30262928
>everyone had their target at 54,55k
how do you know that

>>30263349
>If I hodl'd, it would have been $700 again.
>If I hodl'd

You mean "if I sold the bottom".

>>30263069
How do you go to sleep without stop losses?

Maybe my positions aren't big enough. These are limit stops anyway.

>>30259833
it looks so

>>30263369
Well, if I hodl'd what I was hodl'ing until, oh, now, I would have $1400 today.

>>30263524
I didn't realize you were talking about 2017 flash-in-the pan ICO shitcoins lol.

>>30263567
It was nano. Not fully dead, but seemed like getting out at 20 dollars when I paid 2 each made sense.

>>30263353
look at the chart thats the point of interest every trader looked at that point also if ur in any trade group you'd know since they talked about that target.

>>30263627

alright. but I am not holding nano. Im holding LINK. what now?

everyone is so fearful right now it's beautiful.
Fully loaded back in, sold at the top. I am a fucking genius and we are going back up now, and big alt season until May.

Good lord this is the golden bull run and we are in July 2017.

>>30263873
>everyone is so fearful right now
It's pretty amazing.
The worst thing Powell said is there might be some inflation; after inflation being pretty low these past two years.
It's all just kneejerk fee-fees.

>>30263911
>>everyone is so fearful right now
it's literally summer 2017, absolutely same kind of FUD, same market behavior: madness for newbies.

>>30260069
except op

Everyone talks about ecosystem
can’t remember at least 1 system with full-workable eco
and these stupid dumbs try to scam with their shitpools
well, if you are an autist you can go for this
I am smart enough and use enecuum ecosystem and its mining

lmao, shut the fuck up and go suck yourself . stop begging to put money in your shitty coins. i manage to get money from sharding. already purchased some phore coins and going to get some graphene at the distribution

>>30259270
BUY THE DIP. SCARED MONEY DON'T MAKE MONEY.

>>30259270
Zoom out lad, only the strong few will make it to the citadel

>>30262883
>selling when everything is in deep red
anyone who tells you to do this is not your friend. In 2 weeks max all alts will be pumping.

You agree that chasing pumps and buying in already big green candlesticks is dumb, right? Selling now is basically the same thing but the other way around.

just jumped in mantradao cream, wdyt about it? all the DeFi benefits like staking/lp/governance opened

>>30259270
this is actually bullish btw. This is what it looks like when literally everybody is hoping it dumps so they can buy more cheaper. The dump is because of external general market conditions, as soon as eveyone realizes it won't go to $38k anymore fomo kicks in and it's back up to $55k in no time

>>30259270
>>30262967
you only had to listen...

>>30260115
Monero
Low Fees
Fungible
Private
MORE decentralised

>>30259270
we are not fucked, we can buy cheaper and cheaper. we need more red candles!

>>30264375
literally THE COIN to hold during bear market

hahaha the fud is so juicy these fucking fags sold low hahahhaa

>>30259270
We'll dip to between 37-40k then work our way back up. Check these digits.

KEEEEEEEEEEEEEEK
BTC WAS 48K WHILE YOUR TRASH WAS DUMPING
I PREPARE FOR MY GRAPHENE DISTRIBUTION AND DONT FUCKIN CARE ABOUT YOUR TRASH
AND YOU CAN’T EVEN TALK TO ME BECAUSE YOU ARE STUPID AND DIDN’T PUT MONEY IN PHR

Good, altseason will be starting soon boys

it ain't good for bitcoin but you can still be staking.
Always
Be
Staking
LP, special platform shit, dhedge, whatever. just never let it go down to zero

>>30259408
they can liquidated it to buy gold

>inb4 boomer rocks
crypto hasn’t gained enough security or history yet to be considered anything more than a speculative asset, gold is still the king

>>30262633
>this is the fourth time we’ve pumped BTC and we’ve become increasing good at it

>>30263873
thanks for the much needed hopium

>>30259833
post shorts

So this staircase of death is a strong sell signal? I want to get a good entry price but I know markets might get shit on tomorrow and next week, and for some reason bitcoin likes to dump with them.

40k sounds like a good number

Nevermind found the sell signal

>>30263956
>it's literally summer 2017
except that bonds are rising and stock market is crashing

This bottom is in
>>30263735

>>30264090
>In 2 weeks max all alts will be pumping
souce your ass

Pic related. Fucked. Did you retards really thing crypto wasn’t tied to the overall market? How many of you are so retarded as to spend time learning about crypto but ignoring the broader economy? You thought you were separate? No. It’s even more important now considering we are on the precipice of something bigger than the GFC.

>>30265010
ok nigger idiot