/biz/ - Business & Finance

>>51677803
I'm fucking down with this man, ETH at $500 is a win for me though.

You are both idiots

>>51678134
ETH sold the news. People bought the rumour basically. Didn't change the fact that we're in a bear market and a dump was expected. But $500 is a reach lmao

>>51678134
coming from a bitch who watched his mom get fucked over by his best friend and couldn't do shit. So who's the idiot now ?

>>51678207
Kek. Fucking retarded assholes that have nothing better to contribute. It's a biz thread, drop your two cents and dip. The market is shit as it is, and yeah ETH at those prices are a steal provided we have a sense of security over it actually going up again

>>51678207
>>51678297
oversensitive little bitches

>>51678363
Are you okay you idiot kek. I was speaking about anons harsh ass comment towards you

>>51678297
Parents are fucking dumb... I sold at the top and buying now at the current place, which I did todAY.

>>51678485
At least you aren't selling low and buying at the top like the rest of these crypto noobs but what strategies are you implementing to actually make income during the bear, not just after

>>51677803
>>51678121
>>51678165
Oh, you sweet summer child.

>>51678544
We're all in the same boat, pajeet. Besides the fiat and stablecoin folks, kek

>>51678616
This board needs flags. BTC is immune to this shit.

>>51678643
BTC is literally fucking dumping. It was 18k yesterday, what are you on about

>>51678505
Most of these niggaz get killed by greed, that's $500 is bad for them

>>51678121
>ETH at $500

This would be a win for those of us who have sat at the sideline for so long but i don't see it happening, the farthest we can go is likely $800.

>>51678165
>ETH sold the news. People bought the rumour basically

This is what happens when you don't have basic understanding of the assets you hodl, the effect of the eth merge is definitely not going to be seen anytime soon.

>>51678792
still no word about when we'd be getting off this shit hole.

>>51678791
Very true
>>51678792
Yes, exactly why we need less ignorance in the crypto market. People buy what they hear about or what's shilled with no understanding of it.

>>51678616
Fiat retards are in the same boat as us with the inflation

>>51679045
Lol and the Feds keep increasing rates. Another 0.75% was increased recently right
Bloody fucking nonsense

>>51679069
They need to to stop supply demand and decrease inflation, dumbfag

>>51679147
Only, they're putting small businesses and entrepreneurs in a predicament, anon.
They need to strike a balance and bring it back to the 2%

>>51678996
they need to learn discipline, especially since we'd be here for the long haul.

>>51678857
We are getting off when the time is right, price action has no TL you have to follow it up.

>>51678996
Unfortunately the market is filled with retards like this, they literally have no idea of what's happening in the space.

>>51679189
That is true, either discipline or a good strategy to keep afloat. Especially diversifying into different assets, staking stablecoins like USDC and BUSD

>>51679574
No, I got off earlier... I've been in stables since January

>>51679613
Both are necessary though, but DCAing and diversifying are good ones, while for staking stables for me, it depends on the risk involved.

>>51679902
Yeah I think minimum risks are only found with DeFi middleware. Binance APYs are trash and USDC isn't supported anymore. Spool Fi is a good option, bEarn Fi maybe

>>51679613
Diversification is an underrated skill to be honest, this literally helps in managing your risk and portfolio as a whole.

>>51679758
Lucky you, Didn't move into stables until mid year.

>>51680254
Agreed. No matter the assets, stocks, crypto, commodities, derivatives.

When did you move into stables

>>51680225
The politics behind USDC not being supported anymore really baffles, this stinks of total centralization.

>>51680225
yeah, never used Beam though, but I used spool. the buffer system is the best part for me.
>>51680254
God did, this way I didn't lose much and still enjoyed some returns from employing Spool.

>>51680477
I agree. Feels like banks are trying to clamp down on assets. USDT also has to submit reports of their bsckings

>>51680741
You missed the picture mate, Binance not supporting USDC has nothing to do with how USDC is backed just them trying to capitalise on how big binance is in order to push the Mcap of Busd.

>>51681221
This is soo correct, but I feel they should have taken down tether as well.

>>51681221
The USDC and USDT comments were two different ones, anon

>>51677803
We all never thought the market could be this insane or do you? Kek

>>51678121
I be a feeling you insane, if it can get to 500, why won't it get to 200$
That would be the end of the journey.. All fucked

>>51677803
>We riding ETH to 500$ or what kek
Ain't y'all tired of getting fucked by the bears? I'll join the stables train if I were you.

>>51678505
This sounds so much like me

Am just gonna grow tf up

>>51678616
Maybe stablecoins for a lil while

>>51678485
>I sold at the top and buying now at the current place
Why not wait a bit more before you buy? These prices will still dump a bit more on your asses. If you need to make an investment so bad, stake your stables in a non-custodial platform.

>>51681633
Tether controls the stable coin market, would be insane to give that a try..

>>51680477
>> USDC is a centralized stable>>

>>51678134
>>51678207
>>51678363
Faggots who should be making out rather than cursing themselves out.

>>51678792
>This would be a win for those of us who have sat at the sideline for so long
Who are these people?
>I know the stable coin community fits in perfectly.
Who else?

>>51679045
So what should you do instead? Stay and cry in fiat convert to stables and stake for some profits? Your guess is as good as mine.

>>51679147
Y'all dumbfags think you can solve inflation by saying shit? Go get a job at the SEC then.

>>51679613
I wouldn't be keen on diversifying if I were you. Staking stables is the safest bet you have at your disposal now.

>>51678297
>ETH
>Security

Why yes, think etherium is a security

>>51685052
Staking stables on spool seems like a safe haven yea..

>>51685214
He better pulll a call to Powell... Hahaha

>>51681633
tether is too big i guess

>>51684547
Pretty much insane, yes. Who could have believed that privacy will face this level of pressure despite the undeniable need for it in the space. I guess everyone is just fucking confused at this point

>>51679902
>diversifying are good ones,
Regardless of the market conditions, it's easy to predict the type of tokens and coins that matters

>>51686760
Prolly we never told Putin to invade Ukraine.. Dude tumbled our plans 100%

>>51686846
A good example...

>>51679902
Top of my head would rather think risk management is key at this stage indeed. maybe gets into assets that diversify my portfolio

>>51684790
Aren't majority of the stables centralised?

As long as it's properly backed i don't see what's wrong with that.

>>51686920
Diversification is a no-brainer in my opinion as far as risk management is concerned, it has really helped me in navigating the bear market.

>>51688035
Whats the point of decentralization then?

>>51688306
With the marketcap of majority of the stblecoins, i can totally understand why it's centralized,i can't imagine putting millions of dollars in the hands of an anonymous founder in the name of decentralization.

>>51688306
The point of decentralization is seen in the fundamentals of web3 where users are expected to be in full control over their identities and assets. Although, I can't see how that will happen without identity management systems in place

>>51688302
Diversification, on the other hand can be quite challenging when you have to pass through multiple and rigid authorizations for different platforms and chains in which your 'diversified assets' are connected with.

>>51677803
Strong hands

>>51678996
>exactly why we need less ignorance in the crypto market
What we actually need are platforms that makes things easier for everyone regardless of their knowledge level

>>51684712
>New strategy
Convert all to stables and lock in a diversified manner across multiple protocols. Use ORE to keep a single ID and PIN such that everything is on a single dashboard. Lock and forget. Come back when the bull kicks in

>>51677803
Let's ride it below 500 OP. I've got a bag to load while I wait for other new alts like APTOS, SUI and GSTAR that are being lazy to launch but will do pretty well.

>>51679758
What are you doing with your stables? I've got mine staked on Spool.

>>51680225
>USDC isn't supported anymore
This is one of the reasons why I'm a lover of decentralization. A DAO would need to approve this for it to be done on a Defi platform.

this thread reads like 50% jeets and 50% bots talking to each other

>>51680254
Don't over diversify though, else you'll look like a dumb ass.

>>51684790
The closest to a fully decentralized stable coin we have now is DAI. Although backed by USDC, I hear there are plans in place to go fully independent soon. I dunno how that's gonna play out but I'm following up on the news cos I've a handful of it staked on Spool. Can't get fucked twice in the ass.

>>51686505
It's non-custodial feature is the biggest reason why I'm very comfortable staking on it. We need more of this sort.

>>51684547
If you never thought of it despite all the rumors of a potential WW3 then you're dumb as a very dirty ass. Loose that head, you don't need it.

>>51688306
To avoid situations like Anchor and Celsius; there are no lingering doubts within users of Aave, Curve, Morpho etc or the platforms that work as an aggregate of all of them.