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/biz/ - Business & Finance

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4443859 No.4443859 [Reply] [Original]

Was going to buy some BTC for my first ever purchase in crypto. A good amount, too. is it too late now?

Did I just miss the dip? I thought it was going to crash.

>> No.4443973

fucking bump

>> No.4444362

Whatever you do don't go all in right now. Everybody is anxious about the cme futures opening
tomorrow, as the price could go either way. If i were you i'd wait and see where the price closes tomorrow.
It's better to be a bit late to the party, than buying the top and raging about it.

Also watch this before you start:
https://www.youtube.com/watch?v=UxQvYrr1tTA

>> No.4444389
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4444389

>>4443859

are u a retard? why diidnt you slowly accumulate small amountsover time like everybody else did on this board, instead of buying a huge overpriced stack right now that still can get flipped

>> No.4444534
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4444534

>>4444362
How does this CME Futures thing differ from the Winkle twins' ETF attempts that previously failed?

Are we entering a new era of crypto legitimacy?

>> No.4444573

>>4444534
CME futures doesn't involve any actual purchasing of BTC, it just involves speculation on the price. But CME is massive, and it has the potential to introduce many new investors to the world of cryptocurrency. Also, a lot of big money investors still don't believe in crypto, institutional backing from CME may help to change that by reinforcing the idea that it's actually a legitimate investment opportunity

>> No.4444579

>>4444445

>> No.4444582

its all over OP
come join the hugbox
>>4443704

>> No.4444591

>>4444573
>CME futures doesn't involve any actual purchasing of BTC

it sure as fucking shit involves the buy and selling of actual BTC friendo

>> No.4444602

>>4444573
Will the futures pricing track BTC value or is it more vice versa?

Is there a moon mission incoming?

>> No.4444633

>>4444602
it's more both anon

>> No.4444644

1 BTC = $40,000 by June. Watch.

>> No.4444678

>>4444644
Checked

>> No.4444695

>>4444591
Let me rephrase, the CME futures market won't involve MUCH buying and selling of BTC, especially not immediately. Most futures market trading is just the buying and selling of futures contracts which means it'll likely be weeks or even months before any significant money comes into bitcoin from CME

>> No.4444701
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4444701

>>4444695
yeah and nuls will pump

>> No.4444727

>>4444591
It's actually cash settled, fiat in fiat out. This is why it's appealing to old school
investors. All the gains without the technical stuff. If for nothing else because of
the volume alone it will definetly have an effect on the price.

It's worth to note though that it's not going to be open 24/7. It will close for 1
hour every day and it'll also be closed on the weekend. So investors probably
not going to stay in for too long.

>> No.4444764

>>4444695
I myself am staying under the assumption it involves the immediate manipulation of our scam markets to cover their CME plays, the jews are legendary at covert manipulation and here they'll have free fucking reign, on the other hand their CME markets themselves are to be artificially cucked so it's honestly way beyond my 'expertise'

I'll meet you in the middle though anon, they'll need a minute to feel us out and i won't be surprised if they're initially stunned by the blunt fucking force of our autism

>> No.4444782

>>4444727
yes it is cashed settled, but what we do all need to be clear on is they will cover off on our actual markets

>> No.4444833

>>4443859
better buy ethereum while you can, it's about to moon