/biz/ - Business & Finance

>>52402573
bobo still in town

>>52402573
It is indeed the perfect time to DCA. Bobo might get 10-14k, but these are still buy levels

>>52402613
this, gonna wait for another leg down for bigger buys tho

if you're talking about btc then no it's not.
It will drop below 10k and stay there. It's over.

>>52402573
when is now?

>>52402573
How exactly do you see the patch to recovery? Explain to me how BTC is going to hit even 40k again.

>>52402573
I think we will rally close to 20k before another dump, were just going to slowly bleed for months the minimum

>>52402573
It has been as of 19k.
I buy everything from 2 weeks ago to 30k in bits.

>>52402810
Newfag

>>52402927
Exactly, you can't.

>>52403385
He has probably just seen all of this before. At every bottom BTC ever had. Same posts, same arguments, same everything.
At the top too by the way.

>>52402573
tomorrow morning will be a bloodbath when the markets open. This week has been the worst for crypto ever.

>>52402810
Saw the same exact comments in the last bear. Everything was over when mtgox, with 80% of the market, went to shit. Imagine binance and coinbase bankrupt, we experienced that back then and we survived.
its gonna hurt tho

>>52402770
don't be too greedy bro

The recession has not started yet. The *mass* layoffs have not started yet. The real estate crash has not happened yet.

>>52403482
but what kind of stupid conclusion is this to believe something will recover just because it has happened before? If an old man had suffered 4 heart attacks, why the fuck would you bet all your money on him surviving the 5th one as if it was a guarantee?

>>52403630
I meant to convey that maybe he just didn't feel like explaining it a twentieth time.

>>52403588
Is this real estate crash in the room with us Bobo?

>>52403588
>the apocalypse hasn't been priced in yet

>>52402573
Every single alt is down 90% or more. How are people still waiting for the bottom? Yes it might dump some more but you'll never time the pico bottom anyway. Smart money is buying right now.

Alts will go another -90% from this point, check em.

>>52402573
Sam is that you?

>>52403705

Lol. Lmao. Get wrecked bigger pockets listeners. NGMI listening to jews.

>>52403723
Because it can go down another 90%

>>52403630
Your analogy doesn't work bro because each "heart attack" causes the old man to become younger and stronger than before

>>52403723
Yes it can dump another 90% or very well go to zero, zoomie.

None of this crypto shit has any real world application. It could all evaporate today and the whole world would continue living as normal.

The only reason it goes up or down is due to speculation, and with the hawkish Fed, high inflation, rising cost of living, and stocks crashing, nobody with big bucks is going to speculate on your shitcoins.

sell low buy high

>>52402573
can you guys wait a month or so? My end of year bonus won't hit until mid-december, I've got about $10k coming

>>52403630
wait a second bitcoin works and it continues to work
you have to prove why it would suddenly stop working just because of a low price

>>52403801
>None of this crypto shit has any real world application.
That's bullshit. Key management systems have made it easier for institutional adoption to follow an upward trend. If there was no application, there wouldn't have been any interest shown in the first place

>>52402573
No

>>52403723
Alts should be down 99% though.

>>52403723
>Cross-chains; LINK
Time to buy

>>52405185
Why don't you say 100% retard

>>52403482
the difference is every other bullmarket top wasn't met with a bearish div on the monthly

>>52403588
>The *mass* layoffs have not started yet
thats good news for assets bobo
the moment the labor market shits the bed is the moment the political pressure forces powell to pivot at that point things like crypto will moon first as stocks still have an earnings compression to go through, and as btc has no earnings
i'll let you fill in the rest yourself, but even normie tier assets bottom when main street is at max pain levels always has in the past

>>52403630
not the best analogy, not a good equivalency

>>52402573
>frog poster giving financial advice
ALWAYS do the opposite of frog niggers

>>52405191
>Cross-chains
ORE

>>52402573
I am not buying your worthless bags zoomer.

How much lower will it go? Back to <$10k?

>>52403482
>>52403556
>line will always go up

hi guys i just got started with 10 bucks, 50/50 on PolkaDOT and 1Inch. never heard about them before, they good?

>>52402573
best time to DCA

>>52402583
You buy when bobo is in town

>>52402770
I 2nd on checking our greed.

>>52408019
yes pajeet, get some SHIB and DOGE whille you're at it, you will be rich and get out of your shithut in no time

>>52403588
The chance of you getting laid hasn't even begun to happen yet.

>>52402797
>drop below $10k
While you're right, your window too large.
>how does $10 sound?

>>52403588
this

>>52402797
New ATH by May 2023

>>52408838
>in another dimension

I highly doubt that. The bear market won't end until the fed stops rising interest rates, which won't happen until late 2023. We're headed for another year of depression.

Sure, maybe you’re right, but why buy BTC when you could just buy TQQQ and get the same result with less potential risk

>>52402573
FORTUNE FAVORS THE BRAVE

>>52402770
Smartest move is to just DCA in. Put some in now, keep putting more in every so often, increase your buys if there are any more dumps, etc.
You don't want to make the mistake of not getting a position because you're waiting for lower lows. I remember during the 2020 corona dump, people were FUD'ing with BTC at 4k and ETH at 100 because "wait for 2k/50!".

At any rate, victory goes to those who have longer time horizons and patience. Everyone was tripping over themselves to buy crypto in 2021 when there were +20% movements week over week, but the way to actually make big money is to buy in during the bear markets when all hope is lost and then wait for the next run.

I'll buy when it goes to $1000.

>>52403705
I remember when that meme first popped up and was actually funny

>>52402797
>This time its different!

Same as it ever was.

>>52410266
That's what I'm planning on doing. It dipped to ~$2k when the pandemic, so I'm sure it'll dip back down to anywhere between $1k-$3k.

>>52410725
I'm wondering, what happened to the big altcoins when the crash happened, did they all die?

>>52410168
This is what I do, I have the 1000 dollars a month I buy, half btc half eth

>>52410168
I remember during the rona dump when I was still a student and wished I had €3000 on hand to buy a single BTC, didn't understand all the fear for it to drop even lower. Worst that could've happened is losing two months worth of wage, but of course I didn't have a job yet. Then we know what happened after that dump and I was jealous