/biz/ - Business & Finance

buying opportunity of a lifetime

>>49615333
>buying opportunity of a lifetime

really? seems to come around every couple of years

>>49615333
Even at $59k it is.

>>49615298
>THE PRICE IT WAS AT 5 YEARS AGO HOLY SHIT
5 years ago it was 2.6k, if it broke that crypto would be officially over

>>49615333
>of a lifetime
You've been saying this for half a year and you'll still be saying it six months from now lmao.

>>49615333
Yeah bro just dive to catch the knife

>>49615298
>I'M LOSING SO MUCH FUCKING MONEY AND I'M HYSTERICALLY LAUGHING

>>49615333
people have been saying this to cope for literally months now, it's getting pathetic.

>>49615298
same, wtf is wrong with us?

>>49615416
i'm talking about the 2017 peak obviously smartass

>>49615567
compare the strength of the network to where it was in 2018. multiple sovereign nations have made it legal tender. Fortune 500 firms have put it on their balance sheets. it is in a much stronger position than it was back then, and this strength is only continuing to build. if you can't see that then you deserve to be poor.

>>49615644
None of this even matters

>>49615607
2017 was $800

>>49615644
this is the first crypto dump that indicates a fundamental paradigm shift and not the usual cyclical market psychology. It's unironically over. For real this time, so shut the fuck up and stop giving people hope.

>>49617095
lmao
the entire US financial system is built on easy money
the USG got overeager due to covid and MMT retards, and they got suckered into thinking they could win an economic war against Russia, resulting in the economy getting pinched on both the monetary side + the supply side
but now we are clearly in a recession. how bad it will get is anyone's guess at this point.
HOWEVER, all the Fed (+ Treasury) knows how to do to get us out of recession is monetary/fiscal easing.
that means back to the status quo.
so, I don't really care that people that used leverage are getting burned, and that prices are cascading downwards. because I know how this all ends: in further monetary debasement, and in the exact situation that has been BTC's value proposition since creation.

>>49615333
Lol

>>49617465
Do I buy?

>>49617465
>MMT retards
They're the only ones that aren't retarded you retard

>>49615298
Its fine bro, you're laughing since you know currency is fucked, the parasite class will finally be ended.
Money means nothing where we're going.

>>49618715
given a sufficiently competent administrator they are right that if you tax sufficiently, it will offset the money you print
but that argument was deliberately distorted to let politicians think they could print money without regard to consequences
and now here we are

>>49618715
AHAHAHAH

>>49615644
It's literally just an economic dip. Crypto is high volatility which is why its dumping more than stocks. When the stocks recover crypto will recover. So many melodramatic fags these days who thought there's never be any dips ever on an asset that is only just developing and maturing.

>>49615333
HAHAHAHAHHAHAHAHA

>>49615644
crypto will nevr be used as money. anyone that has bought drugs with it can tell you
every transaction takes ~4hrs
exchanges banned me because i got refunded dirty coins from my vendor so i had to open new wallet.
It will not be a currency, it is not decentralised

>>49618964
umich consumer sentiment index is the lowest it's ever been, ever
cds rates are spiking
the yield curve is inverted
soon is going to be uneconomical for minimum wage workers to commute, and food prices are off the charts too
in the face of this, the fed thinks it can keep raising rates without consequences

>>49619205
what is this, Pocket Tanks?

>>49615546
>>49615298
this the only way to cope is to laugh at your own self and the unbelievable circumstances. Do not worry OP you will settle with the fact that you lose everything but you will find a pass time for your troubles because you are strong willed.

there is definitely a floor, crazies buying luna even when there was actively reasons not to proves there's tons of absolutely dumb gambling money that will prop it up

WHY DOES IT KEEP FALLING WHO IS SELLING

>>49615333
Is truly no one here to check his trips?
Well then it's up to me...

>>49620809

Suckers will always invest in crypto and pump it back up until major word powers actually ban/regulate it.
People still fall for pyramid/"multi level marketing" schemes even though they're famously scams.

>>49621726
If it always pumps back and regains value it's not a scam then is it retard

>>49615298
>>49615546
>>49615571
>check my stocks to see I'm down
>laugh
>visit AAAAAA threads on /biz/
>laugh some more

>>49615333
checkd

>>49618715
hahahahahahaha

>>49615298
$15k might be the resistance point to shoot all the way up, going back to its price as at COVID. I DCAed on GMT, SOL and SYLO, wish me luck anons coz these are my alphas and others in the bag. See y'all at 40k and above

>>49621770
Only a minority ever really cashes out in time while the rest get left holding the bag.

>>49615333
Trips of truth but it will go unchecked….

>>49615333
yeah ok

>>49619180
>noooooooooo I can't buy my druggerinos with muh Buttcoin therefore it's shit and I'm so stupid I've never heard about ligthning!

>>49615333
>>49615380
>>49615392
>>49615416
>>49615469
>>49615490

retard idiots

bitcoin is going to $3k

it never was allive during recession

everyone saying you should buy now is looking for exit liquidity

>>49615333
Lol

>>49615644
Lmfao

>>49621849
this. but unironically

>>49615298
it's going to get worse

>>49625544
Delusional

>>49621849
kek

>>49615546
>>49615571
It's a coping mechanism. Soon the laughing will vanish and you'll be left with pure regret and self hatred

>>49615333
Checked

>>49615298
Everyone is fucking loosing. The fact that I'll get 10 otto tokens for joining up for their testnest relieves me somewhat.

>>49619180
shoulda used XMR retard

>>49619180
skill issue

>>49628940
The reverse is always the case in the space. I'm after something that will pay me better like Otto it will be the best place for devs and supporters to grow their projects.

>>49615333
Checked

>>49621726
More reason decentralized marketing like that offered by Kolnet will be revolutionary.

I'm a boomer tier invester, so when crypto ballooned I seethed, over the years the blackness in my heart grew so now I only come to this board to read extremely anguished posts from the high confident and high in hubris crypto investors when ever crypto crashes, I feel comfort in knowing people who are not me lost it all, especially with how over the past few years they kept dick swinging and shilling their 10000x shitcoins.

but underneath all of that, I do secretly admire you guys

>value going back to what it used to be
its working :)

>>49631639
>*an honest anon appears in the wild*

>>49615571
Cryptos are holding you hostage and you have a really bade case of Stockholm syndrome.

>>49617465
high iq

>>49615298
Opportunity to make new millionaires here... Scooped ETH at $1.3k and ALBT at $0.06. I just need $3k and $1 respectively to be a millionaire...

>>49625544
You have PTSD.... Still here adding hell of liquidity on LmaaS pools....

>>49615333
>checked
thanks, just bought a bag of API3
>>49615298
this buy signal helped too

>>49615298
>I'M LOSING SO MUCH FUCKING MONEY AND I'M HYSTERICALLY LAUGHING
keyed. the clownpill is the only option