/biz/ - Business & Finance

>>49647339
If it’s any consolation you’ll be able to double your stack with a fraction of what you just paid in a couple of months.

>>49647339
never over 1200 again

>>49647339
i was close to buying but this shit is wild, trying to fish a bottom is baseless, everything is dropping hard, things will need to settle before decisions about buying are made even if you have to buy slightly above the bottom atleast there is some hope it will hold. Right now, every decision to buy big is pure gambling..

>>49647339
my average buy in for ETH is $340. If it dips below that, I will average down

>>49647631
Stay poor my fren, just droped 10k on ETH that will be worth at least 1 million soon enough

>>49647631
I bet you're one of these guys, thats promising himself to buy next time when everybody is fearful but you're too much of a pussy to actually buy low when it happens.

I mean BTC and ETH is completely oversold. Its very unlikely we won't have a relief rally

>>49647339
it's literally over and there's a major announcement from the fed tomorrow regarding rates
you're FUCKED

ETH (and alts that come from it) is dying and won't recover because its infrastructure is trash

you're in for a wild ride down

You’re in denial anon, it will get worse!

>>49647729
nah bro, we won't get hyperinflation before it crashes to 0

>>49647744
Some people are just more risk averse than others. Typically they don't end up destitute, but they will also never truly make it

>>49647788
shut the absolute fuck up you reddit talking dipshit

>>49647339
If this is babies first bear market then please realize it will take a very long time to find a bottom. Years and years of testing new lows, but that is only for real investments such as stocks. Crypto is going to $0.

>>49647339
People who thought it was the bottom are in for a rude awakening when they lose half their money (again)

>>49647339
You did the best thing you could do. Now all you have to do is NOT SELLING, you heard me little emotional pussy? DO NOT SELL under any cirCUMstances

>>49647339
It's going to $700 by the end of the week.

>>49647729
Ok so u drop 10k on ETH? You think it's going back up? Non, you're done, it's over, you're about to lose $7k, you're gonna be yet another anon that says "oh no, wahh I lost money, now I have to go back and be a wagecuck" while I will still sit back, relax, and continue to short the market and get rich.

what im sure of is hbar reaching new all time highs thanks to the hbar foundation's constant efforts in fueling the growth of hedera's ecosystem

>>49647339
How does $600 sound?

>>49647729
Have you not heard of a falling knife? The knife has just fell off the table, BTC might be heading towards below $20K that is below the 2018 high, ETH will go back to a few hundred, you could of bought countless ETH, but hey you will have 1 million "soon".
>>49647744
We are heading towards a depression phase in the world economy, famine in developing countries, energy shortages and your concerning yourself with BTC's RSI, is that really the indicator you want to use for making decisions? Money is leaving markets and BTC is front of the queue, I believe BTC has a future but purchasing it now is rejecting the wider world and being borderline delusional

I'm almost completely cashed up but it's pretty safe to say ETH is going on a bear rally to about 2k and BTC to 30k

this is where I'l short both

>>49647767
nigger

ETH is literally the only shitcoin with an infrastructure worthy of the name. Everything else is literally 3 pajeets in a basement

>>49648379
if BTC hits 20k, fuckhead seylor will be getting margin called and that in itself will trigger more selling pressure, price wont hold at 20k itll accelerate further down and take eth with it

I am sorry to tell you my friend, but I think today's Ethereum (ETH) will die because of the Change to PoS.

Maybe we will see another Ethereum which will be PoW only, they made a mistake once in the past. Ethereum Classic (ETC) as we know it today was the real Ethereum in the past. This exact thing will happen now there will be some new Ethereum because they will realise that they made a mistake changing ETH from PoW to PoS.

I am going for "Ethereum Advanced" or "Ethereum Pro".

>>49647339

>>49648636
Saylor isn't going to dump at 20k, he'll just add more collateral. The question is how low will btc have to go for Saylor to give up and start derisking

>>49647339
>>49647339
there should be a small bounce to 1260-1300 range
I'd take profit there and reevaluate

>>49647339
eth has no bottom
everybody and their dog thinks it's one of the soundest crypto assets out there, but when they find out that eth's revenue would take hundreds of years in practice to remit all holders on their value no matter what the price is (this is literally the case; this is the other side of what "eth can't scale" means) and take into consideration how unattractive eth's gas fees make it to any serious user even when they're low, its probably of rising a lot higher becomes really low

that's how speculative assets work, and that's what eth always will be until something is done to make it scale
now matter how big it becomes, it can't truly earn, so when bad macroeconomic conditions happen and the speculators are forced to stop buying meaningfully (not hard to do on a $140b market cap that has no real income to justify it), then suddenly, miners have to either get out or take a huge risk mining and holding, and everyone left just has a terrible chart to look at every day while they contemplate their position

It's going to 10k

>>49649992
>until something is done to make it scale
it's being done right now on BSV
that's how eth will scale

>>49647339
no, youre facked and are going to die