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/biz/ - Business & Finance


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51022552 No.51022552 [Reply] [Original]

now that the bear market is over are you sclaing back into BTC or buying alts? if the latter, which ones?

>> No.51022568

>>51022552
BTC now, alts later

>> No.51022570
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51022570

>>51022552
>bear market is over

>> No.51022578

>>51022552
I'm not buying until the traditional stock market bottoms out. Bitcoin is tied to NDX. Thus, if NDX goes down, so does Bitcoin.

Thus, I am not buying Jim Cramer's calls. Something tells me either mid-September or late December is when I'm getting back in. Gonna be a long winter.

>> No.51022614

>>51022570
We are entering a dead-bear market

>> No.51022635

>>51022552
>now that the bear market is over
hahahaha

>> No.51022645

>>51022635
t. called for 1k bottom in 2018

>> No.51022663

>>51022570
>>51022635
the hash ribbon doesnt lie, anon. you missed the bottom, its ok, there's still plenty of money to be made on the way up

>> No.51022697
File: 449 KB, 2830x1692, bitcoin-huh.jpg [View same] [iqdb] [saucenao] [google]
51022697

>>51022552
Call me a retard but it sure looks like Bitcoin continued to fall in price for a while following your marker

>> No.51022714

>>51022697
yes anon, volatile assets go up and down and not in a straight line. but at the point the buy signal flashed the bottom was behind us

>> No.51022726

>>51022697
The bottom is always at the capitulation start (green) by the time it hits blue, it's already too late to accumulate. But this indicator hasn't been tested in shit macro so who knows we can still go down and invalidate all the existing bottom indicators.

>> No.51022743

>>51022714
Why not wait for Monday when the salaried trades working for big Bank come back?

If they decide we bull awesome I missed 100$ but if they decide Nope we bear still I don't want to be on the receiving end.

>> No.51022745

>>51022726
>too late to accumulate after blue
yea the 3-4k range in 2019 was horrible to accumulate in

>> No.51022834

>>51022745
Look at the chart, historically it printed a green dildo in a few weeks to a few months after the blue dot. I'm just saying if you intend to accumulate for months starting from the blue dot is dumb, you should start buying at the capitulation wick (green). If you're a retard who likes to go all in then it doesn't really matter if you buy at green or blue, that's not "accumulation" anyway.

>> No.51022840
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51022840

>>51022552
Muh hash riboonz

Please go sodomize yourself, moonboy faggot

Last time it flashed we nuked under 37k where it called the bottom there

>> No.51022896

>>51022834
>JUST BUY THE BOTTOM EVERYTIME BRO
shut the fuck up plz

>> No.51022930

>>51022896
What are you talking about retard? That chart always prints a green dot whenever miner capitulation happens, it updates real time. Can't be that hard to look at that chart every week and see if a green dot has appeared lol.

>> No.51022954
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51022954

>>51022840
lol wat

>> No.51022969

>>51022930
We went from The Bottom, to minor capitulation... what's next... "that was just the local bottom retard the real one is later" ???

>> No.51022987

>>51022645
oof

>> No.51022999

>>51022954
This indicator is supposed to call macro bottoms that will never be closed under ever

Last blue dot shouldn’t have been broken to the downside (we shouldn’t have broken 37k in this bear market according to this indicator) but here we are

>> No.51023009

>>51022896
>just buy halfway through the bull bro. btw I’m soooo much better at trading than normies

>> No.51023015

>gas is 2 gwei
>dogecoin launched an evm that died within a week
>Bitcoin is 60% down from ATH as nasdaq is getting to resistance
Oh baby the fomo is here

>> No.51023029

>>51022969
That indicator doesnt predict the cycle bottoms but local bottoms, and I said MINER capitulation not MINOR, the chart is about bitcoin miners capitulating that's the point of that indicator. Look at the chart and stop being dumb.

>> No.51023066

>>51022552
>3 months miner capitulation
Kek, another meme that will make retards on twitter to lose their money

>> No.51023091

>>51022969
>>51023029
When I said "the bottom" I wasn't talking about the cycle bottom but the trading range bottom from green dots to blue. It always happens at green. /biz/ IQ too low these days.

>> No.51023109 [DELETED] 

Haha, you're losing yar money on the trash and then cry on 4ch on every topic. Be smarter, kids, check Yopi Network

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>> No.51023129

>>51022552
I’m absolute retarded and put everything in a sub 100 mill mcap alt. It’s already on Binance.