/biz/ - Business & Finance

I found a nice little ratio but won't tell you what it is because I don't want it to be widely known but once it starts to be near 1 it's time to start buying.

It comes around to about $20k bitcoin but I will use the cash to buy what's low if it doesn't hit. Some companies I wanna own also compete for the cash so I buy those if they drop lower than bitcoin but I think that's unlikely.

>>49548051
Honestly now is the perfect time to buy.

The market has always been volatile. You need to invest in 1) what you use regularly and 2) what you believe in. The ups and downs of the market should not be a factor; if you believe in a coin, you should do all you can to make it succeed

>>49548217
honestly just don't post if you just have lukewarm reddit takes

I'm not buying. Four digits first.

>>49548217
Man, no. You need to be smart, not dumb. Sure you can go all in now, but why? You think this is a multi year bottom? Also what will you buy? Just BTC?

>>49548217
>You need to invest in 1) what you use regularly and 2) what you believe in.
1) No one uses anything, crypto is useless
2) No one believes in anything, this board is made up of zoomers desperate to escape the wage cage and they have already lost 80% of their money on some shit altcoin that's dumped in value.

It's over.

>>49548252
>>49548234

The market has never been better. Sure, we are past the previous peak and craze, but there is so much potential for innovation and reaching new audiences.

Lukewarm reddit opinion? Pft. All the posts on /biz/ are manipulative experiments by federal/foreign agents. The way to kill crypto is to mess with the markets, to make people fearful of the publically-displayed prices. Not only is the fud not accurate,, the numbers aren't what they mean, mason

I'm not to complain though, all is fair in war.

>>49548217
Awful take, btc near 20k will be a good time to buy, it WILL go lower, people are foolish to think it wont, they compare this to 2021 when the market was full of a covid dollars and shit ton of lending.

>tesla
>actual product (as shit as it is)
>also entire car charging infrastructure

>crypto
>shitcoins that do fuck all

>>49548051
>it cannot be that all of crypto is worth less than the scam that is Tesla.
good threshold reasoning but
1. Tesla is crashing too so maybe wait for crypto mc<tesla mc
2. defi has really failed from an investor viewpoint. the protocols dont generate enough non-inflation apy, and the inefficiencies of using a L1 like ETH are to blame. theres a ton of value that needs to be shuffled around to optimal protocols, which will take a while to develop

>>49548272
Well shared recognition with peers facilitates usage. And belief is a matter of agency.

Crypto doesn't solve problems, money never does. You need to

>>49548385
>and the inefficiencies of using a L1 like ETH are to blame
are you bullish on FUSE?

>>49548217
I am begging you please don't buy now. You will have plenty of time to buy at the bottom because we will crab there for a long time

>>49548051
>because it cannot be that all of crypto is worth less than the scam that is Tesla.
Tesla is extremely overvalued because its market cap is many, many times its existing and projected profit
Crypto is infinitely overvalued because is fundamentally anti-productive.

>>49548415
bearish on L1s long term, and bearish all crypto until fed announces they will manipulate the market in the opposite direction

>>49548330
>The market has never been better.
We are literally about to have another housing crisis. You are telling people to go all in on the equivalent of April 2018.

>>49548121
There is only 1 single signal of the bottom. I'll give you a hint: flippening, not the one you expect

>>49548051
Im just Hodling tether for months and dipping in 10% dips from the interest.

>>49548217
Will drop further, just move most into stablecoins and buy dips for a while with interest (12.68% on USDT)
At the site Vauld use cryptocat to get 50% kickbacks, don’t break your portfolio in half again, this will just crash for a while.
Look around the world, people can’t afford shit.
Winter is coming wether you people like it or not.

>>49548466
>bearish on L1s long term
why's that? is it because you don't think DeFi is going to deliver and provide a usecase for L1s?

>>49548369
This.
Anti-plebbit biz negroids seethe at the fact that tesla has some pretty insane logistics and will probably end up not selling cars in the future but selling their software and data collected over the years to other EV companies.

But yea crypto fags sperg out over random shitcoins and "projects" unironically. One can easily argue that anything but BTC is a ponzi scam with no use case, and this is coming from someone who owns ETH lmao.

>>49548552
>>49548489
>>49548442
I'm not going in, don't worry. The vast, overwhelming majority of crypto i don't believe in because it fucking sucks. And Im fully aware of the massive financial failures which the current administrations has endured on the public, and am personally terrified of the absolute resource crisis to come in the coming weeks/months/years. Our media, our cultural landscape is not ready for this, and especially not peoples investing principles.


Tho I do appreciate the concern

>>49548583
defi protocols will need to move away from smart contract platforms to remain competitive imo

>>49548217
It's a good time to start buying, but if the fed invents a recession, you'll want to still hold a lot of cash to buy all the way down to the 3.5k CME gap

>it hovers around 40k for months
>buy it
>it tanks

>it hovers around 30k for weeks
>buy it
>it tanks

Tesla is in a bubble but at least it's producing cash flows so it will always have more utility and more fundamental value than the entire crypto space.

>>49548051
Ir's going to 700 billions but in the total crypto marketcap.
This mean shoah of alts, BTC to 20k with over 50% market dominance.

>actual factory is worth less than internet funny money

It seems there are no more suckers to be scammed in a shitcoin casino, so it's dead.

>>49548503
Fed reversing course? I'm looking out. Generally that term is used for eth

>>49548051
indead!
by law of nature decentralized spreadsheets can't be worth less than 700b

>>49548775
Hmm which is bigger, the money Tesla makes, or the amount of money spent using crypto?

should I be paying attention to the markets or go off and do my own things for awhile, waiting for things to start to recover?

>>49548051
Oh you sweet summer child, what value has the whole crypto market bought since it's inception to be valued above 700 billion. There is no real adoption just scams, vaporware, pump and dump coins

>>49548946
governments and banks all over the world have expressed interest in the technology behind blockchains and its fairly obvious that theyre planning on trying to implement it in some capacity over the next few years. at the very least they dont plan to stand in its way. what, how and why are debatable but the technology is legitimately revolutionary and will continue to be definitive of the coming (probably short) age until the cryptography is cracked

theyre just squeezing the market to get all the normies out

>>49548503
>not the one you expect
In the end there can be one.

>>49548051
>it can not be that all of crypto is worthless
that's where you're wrong

>>49548051
20 000 is guaranteed I believe, 12k if something happens like 2008, not necessarily a bank crisis but inflation in double digits, Tesla going bankrupt, war with taiwan, Russia/Ukraine escalating, a barrel of oil reaching 200 bucks.

>>49548051
>all of crypto is worth less than the scam that is Tesla

Lmao, he thinks crypto is not a scam
Tesla at least produces and owns something.
Crypto is literally made up bullshit to scam poors out of thier money