/biz/ - Business & Finance

>>51343847
Heh yep true, but not without it's trials. When Covid hit and btc went from 6k to 3k I was ready to an hero.

>>51343914

I remember that. I was all in on Link, still mostly am. I didnt feel anything. In fact compared to late 2018 it was nothing imo. I knew even then it was just a flash crash. It was probably the best view of seeing bears get raped and lose hope after selling as it crawled up till 20k lol. I dont think we’ll get something like that again.

Even the 2018 bottom proceeded by a giga rapid pump so they immediately capitulated.

>>51343847
Bears are just retarded, look no further than Burry. I started legging into alts when BTC hit 26k and I'm still up 2-3x on most of my positions.

They either think the price will always go lower or they convince themselves to buy the top.

>>51343847
Normies aren't down 65% loser seethe

>>51343847
Everyone is scared to buy a downtrend because they're paper handed bitches

normies are just ngmi

>>51343847
>normie get's rugged over 9000 times
>why aren't normies buying my scamcoins anymore??

>>51343847
>I’ve been into crypto since 2015
7 years.. SEVEN years in crypto and you still havent made it
LOL

>>51343847
>if it hits [low price] I'll buy!
>WHOA IT ACTUALLY HIT [low price]!!
>...surely it will go lower now. I'll just buy when it goes to [even lower price]

I'm really bad at selling high but at least I'm good at buying low.

the price of any asset is always reflective of market sentiment
normies always follow market sentiment retard

>>51344166
Oh hey it's me.

>>51343847
Aversion to risk and >>51344207. Normies follow trends. They're cattle.

Bump for relevance. Literally exactly the same as the 2018 bottom

>>51343847
Because they aren't experienced traders. retailers can't approach the market in the same ways professionals do. They don't have the same means at their disposal.

I already bought this June, Juli and August. Now I need an even lower bottom to justify buying more

>>51344120
if you have no prior experience with markets and trading. i mean.. can you really expect to make it in one cycle?

>>51343847
Please look at this pic for your answer.

>>51343847
If you are still in crypto you are putting your life savings entirely in the hands on Sam Bankman Fried and that doesn't sound like a good idea to me anon

>>51346299
Then buy a physical wallet. He gets to fuck the goyim over because we willingly participates in his ecosystem.

>>51346278
you didn't even need to trade. just dca into bitcoin lol.

>>51346268
If you DCA, you don't care about current market price. I DCA monthly into SYLO, WOO, QRDO and TRIAS

Normies are controlled entirely by "animal spirits" not cold reason. They are biologically wired to buy the top and sell the bottom.

>>51343847
and that's why it's so easy to make it in crypto, you just have to be a contrarian basicly, normies will always fomo at the top and sell on the way down, then when it's around the bottom they will angrily tell you how it's all a scam and it's dead and you shouldn't buy it

>>51344067
they will, once the whales accumulate and btc and shitcoins sturt pumping like crazy normies WILL buy, they can't resist the urge, they can't tame their greed, when it's finally pumping and breaking previous ATHs normies think it's safer to buy now because well it went up so much it must mean it's a good investment, they see other people making money and they think they will change their shitty lives too so the buy the top again

it's always gonna be like that, without stupid normies we wouldn't make anything lmao

>>51343847
They do buy. They buy the -20%, then ride it out to -90%, fomo when everything moons, get rekt again and call crypto a scam.
I have seen this pattern repeat more times than I can count.

>>51343969
>Bears are just retarded, look no further than Burry.
or people shorting BBBY at 5-8