/biz/ - Business & Finance

>>52341357
I bought 2 BTC and 100 BNB and went to sleep like a baby. Feeling comfy rn

>>52341357
I longed at 16k mr retard. Cheers

>>52341357
What part of bear market don't you people understand? This board is just absolutely filled with highly melanated high time preference individuals like yourself.

>>52341740
I think the bear market might've just ended yesterday. That massive cathartic dump was exactly how a real bottom should look like.
Even if it didn't, either way the next stop is 30k.

>>52341357
It’s going down more, no way this was the bottom. It needs to crab stop 10-12k levels and look exactly like the 2018 bear cycle chart to be confirmed bottom

>>52341357
>Again!
so it wasn't the bottom before, then? but this time it is for real?

>>52341357
the bottom was yesterday
bull market starts now

>>52341813
It never looks exactly like the previous bottom. I'm not risking this lifetime opportunity again. In 2018 I sold way too early, but not this time.

>>52341357
But I bought 2 BTC at 15.7k

>>52341813
>needs look exactly like

>>52341357
i boughted at 16185 so suck my average sized schlong u filthy niggerkike

>>52341902
>>52341853
>>52341709
>>52341694

what are your target prices?

>>52341910
sent to trezor, 100k at least

>>52341918
nice it looks like you sniped the literal bottom!
congrats anon

>>52341813
>It’s going down more
Yup give it a few weeks. At any rate, not buying back in until the "Congressional INVESTIGATION" into GREEDY Crypto BROS is announced in January.

so the bottom was in for 3 hours ..? interesting

>>52341357
I really still feel like we will see $15kBTC/$1kETH for the real bottom before a protracted pump starts

Same people who were saying that BTC is dead forever a couple of hours ago are now saying we bottomed.

>>52341357
we'll only see the bottom after michael saylor and tether implode

>>52341813
This. Crab at despair levels until monkey jpegs are worth $0.

>>52341357
DCA on giant red daily candles means I'll never have FOMO from not slurping.

>>52341794
lmao

>>52343223
>>52341740
What exactly are you saying? Why do so few bearish posters attempt to substantiate their posts?

>>52343462
They’re all idiots

>>52343462
>>52343516
Substantiate what? The second largest crypto exchange is in default. They stole $4b in customer deposits and replaced them with shitcoins, which then plummeted. The macro economy is still a shitshow. Inflation has not been curbed. There will be no quantitative easing until mid-late 2023-2024.
All you faggots have to say in response to these factors is "hahah number go up". McFucking kill yourselves.

>>52343653
>The macro economy is still a shitshow. Inflation has not been curbed.
That's fiat. What if Bitcoin has an inverse correlation with fiat in this context? This scenario hasn't been fully tested.

>>52341910
BNB will do a 3x at the very least.

>>52343653
The exchange that collapsed was the biggest shorter and manipulator on the market. Inflation is a fiat problem, pivot begins in January at the latest.

>>52341794
Yup. If it drops to 10k due to panic sellers I'll legit sell my car and buy it. I had 2M in the previous bullrun today I'm at already 2x my previous bag and I think I'll retire next bull cycle multimillionaire before I'm 30 then boomerstocks dividends has always been the dream.

>>52343786
can you elaborate more on this post?

>>52341357
LMAO, wait are you for real? You mean, there are people who didn't buy that obvious bottom yesterday? I guess retards really did have their entire portfolio in FTX hahahaha

>>52343786
You're spot on. Printer musk go brr for the election in 2024 and it will take at least 1 year to inflate the covid bubble again. It's not by chance there has never been a bull cycle during the midterms this FTX fuckery during a bear market in the middle of a tightening spree by the FED was a godsend for generational wealth buying. Everything lined up perfectly.

>>52341357
How can you lose the bottom “again” in the first place. If there is a “second time”, the first time was not the actual bottom. Absolute stupidity. I’m so fucking tired of idiots and pajeets here.

>>52343694
Why the fuck would it? In all practicality it's an investment vehicle. Where the fuck do you think the liquidity comes from to increase the buy pressure on btc? We are in the bust part of the economic cycle. Btc has never existed during this phase of the economy, but why do you assume that's a good thing? All the data we have suggests that it acts inverse to DXY, which to me looks like it's about done consolidating before going even higher than it was before. Is that even substantiation for you, you fucking faggot?

>>52341357
i didn't missed i just don't have the money

>>52343786
>pivot begins in January at the latest

>>52343786
u just got frontran then lmao

>>52343921
>All the data we have suggests that it acts inverse to DXY, which to me looks like it's about done consolidating before going even higher than it was before
Hooo boy please elaborate on these whoppers. Hope you don't become even more hostile and refuse to do so because I'm really interested.

>>52343836
FTX was rumored to have a thing for liquidating their own customers, and generally shorting everything to shit.
>inflation is a fiat problem
They fail to see the dependent relationship that btc currently has with fiat currency.

>>52344018
>They fail to see the dependent relationship that btc currently has with fiat currency.
Like gold and commodities?

>>52344026
Large scale investors are treating it like a tech stock, not a commodity. Cope.

>>52344018
The relationship is inverse. Thus far npcs believe that dollar can be saved, once inflation starts gathering steam for real the whole world will go into crypto like Turkey and Argentina did.

MATIC didn't even dip retards. Not the bottom.

>>52344054
>Large scale investors are treating it like a tech stock, not a commodity. Cope.
That's like saying most people treat the ocean like a pool. That's not going to stop you from getting caught in a rip tide.
>cope
Are you 12?

>>52344011
Just compare the charts, dumbass.

>>52343972
Yes
>>52343986
>u
go back drank zoomer

>>52344094
>it's going to 8k or 14k because
>JUST BECAUSE, OK

>>52344071
Which won't happen until the FED resumes a policy of pumping the economy, instead of fucking contracting it.

>>52344118
Like I said, rate hike down to 0.5 by January at the latest leading toward pivot by summer.

i think you missed the time to post this for about 12 months...

>>52341910
I closed my long but I was overleveraged on 8x and didn't feel like leaving +100% gains on the table. Probably gonna sit and wait for a lower high tbqh and short the dead cat

>>52344094
>BTC is inverse dxy
>dxy is done topped. BTC finna moon
>Hey can you explain why you think that?
>Reeeee the charts!
I think he meant exain why you think dxy has topped, dumbass.

>>52341794
Bottom not in confirmed.

>>52344438
>dumbass
You can't even follow the conversation correctly. I think the DXY is not done rising. I think this because the macroeconomic factors which provided the impetus for its rise hasn't changed. If you look at the chart it's dropping but there was a similar consolidation from Jul-Aug which resulted in a higher top. There's no good reason to believe it won't continue to show strength. Nothing has changed.

>he thinks THIS is the bottom
Heheha. I did buy a shit ton more $HOLO and $BNB though I'll give you that.