/biz/ - Business & Finance

>>49350822
Oh, so I should go all in GNS?

>>49350832
is that a red line??

I am generally skeptical of graphs with non-linear Y axes. Though I'm welcome to hear why this is probably a brainlet position.

>>49350857
A RED LINE JUST FLEW OVER MY HOUSE

>>49350945
Bitcoin growth isn't linear. Few things are actually linear in life. Linear stuff is for brainlets who couldn't get past advanced highschool math

>>49350822
sure, but that just means its soon.
it could be a month away and we still have another 20% to fall

>>49350945
logarithmic is the way to go my lad. linear is for chartlets

>>49350945
Think about it logically, Bitcoin going from $10 to $100 was a much bigger deal than Bitcoin growing from $30010 to $30100 because Bitcoin doesn't grow on a linear scale, but in terms of % returns (log scale).

In the case of Bitcoin, it's growth isn't on a log-linear scale, but a log-log scale, where you experience X% returns over a Y% increase in time. Equivalent to the power law, where growth is exponential, but with diminishing returns (https://www.lookintobitcoin.com/charts/bitcoin-logarithmic-growth-curve/))

>>49350945
Just look at it. Bitcoin's growth is linear on a log-log scale.

>>49350945
Investments move based on percentages, not addition/subtraction

>>49350822
I want to believe

>>49350822
>>49350832
>>49350850
All of your charts show we have another drop coming and summer is always bearish.

>>49353396
does this mean we have a harsh period ahead until the next rally

>>49350822
wait so my DCA from 2016 to 2019 is meaningless because fucking retards will be able to buy lower or close to my average buyin in 2022 OR 2023?
EXCUSE ME WHAT
FUCK YOU ALL

we'll pump into the weekend, monday dump, and then when stocks rally next week we'll head towards $40k

ty for playing!

>>49353396
Needs to take into account diminishing returns. Is it doing that?
I am 90% sure it won't even hit 200k by 2030

MUH LINES ON A GRAPH

>>49350822
even by your own graph, that indicates it's the start of the bottoming, not 'the bottom'

>>49354114
>>49355195
This. Combined with the STOCH RSI we will be in a slow decline for the next 200 or so days.

I’ll start buying in around 4-6 months.

>>49350822
>>49350832
>>49350850
>>49350870
every one of these suggests we have another leg down soon (3 months) to reach the actual bottom
>>49353396
would you just look at it

>>49353396
Yes, I just said here >>49353365 it follows a power law. That is the price doesn't exponentially increase over linear time, it increases exponentially over log time, meaning you need more and more time to get the same percent increase as in the past. That's how log-log works.

>>49355318
Meant for >>49355037

>>49350822
Bottom is June 30 new moon at 13,5 k

>>49355279
>around 4-6 months.
looks about right

>>49355318
Nope, according to your graphic the bottom is yet to come.

>>49355418

>>49355418
I never said the bottom wasn't in, I didn't say anything about the bottom at all, I was replying to the first guy who was asking why Bitcoin's growth wasn't linear.

>>49355458
Yeah sorry I got confused I thought I was replying to OP. My bad bro.

>>49350822
This is the bottom

>>49355475
However, so far there's been a decrease in upside volatility/decrease in the slope of the sell line. We haven't yet seen the bottom will also get frontrun, same way the top did.

>>49354151
Falling for the DCA meme