/biz/ - Business & Finance

You didnt.
This is going to be a multi year bear market anon. Confidence around crypto is lower than ever

>>52733243
Was sentiment worse in 2018 or is it worse now?
I only started crypto in 2020 with corona lockdown bullshit

>>52733251
It's worse now
Im a bobo and im actually kind of scared that crypto could be actually over. Shorting stocks is more complicated.

>>52733251
It's similar. Just look how dead this board is. All that is left is acoomulators.

>>52733251
It's definitely worse now. FTX collapse is easily the worst black swan event we've ever experienced, more than Mt. Gox, because this has been widely broadcasted to every normie on the planet. FTX also cuts through political and social layers of controversy, so this isn't merely just financial anymore. The timing with tradfi rolling into a bear market, which crypto has never seen, is also impeccable.

>>52733403
>>52733322
>>52733317
Sounds like shit bros.
At least /biz/rael isn't filled with jeets shilling foodcoins. Although desu I kinda miss that euphoria kek.

>>52733251
it's honestly the same lol, there's going to be bulltards telling you it's better, and bobofags telling you it's worse, but anyone who isn't either will tell you it's the same. Less people posting but that I think has largely been because of the cancer captcha. I used to post a lot more

>>52733822
new captcha is actually better after you get used to it imo. It also helps in filtering reditors.

>>52733832
Meh, whether it's better or worse is a whole different topic. The old captcha was just a lot easier, which made the board a lot more active (granted there were a lot more bots too)

>>52733854
but I think the board used to be more active cuz of peak market euphoria.

I remember the thousands of shitcoins being posted daily aren't even talked about anymore on twitter and you don't get people working on as many projects anymore. It's certainly gotten quieter on dev end as well.

>>52733896
I'm talking about 2018 brother, not during the run

market maker here,

you didn't

>>52733906
ah I see, sorry, misunderstood you.

>>52734053
Don't sweat it, I was in exact same position as you (started in 2016), came out even despite peaking 6 figures during the 2017 run. I learned a lot and one anon here in 2019 gave me 2 simple tips that I followed this run, and I plan on following again next run to make it.

1. Expect a bullrun to happen shortly after the BTC halving (which is coded to happen once every 4 years), so until then just DCA and don't worry about the price
2. No one can time the top, but it's important to have an exit plan. There's 2 logical things you can do which is DCA take profits during the run, or what he personally does which is sell when the picycle top indicator crosses (read up on this)

I may have missed the bottom (or maybe i didn't and still might have a chance) because I didn't have the money to throw in at the time, but I'll still DCA until early 2024.

Know that I gain absolutely nothing from telling you this so, believe me when I say that I genuinely hope you make it next run fren. The 2019 anon helped me, and i'm just paying it forward. Hope you screencap this and you pay it forward as well if it works out for you in the 2024-2025 run.

>>52734224
I started in 2020 with 40k, went all the way to 600k and now I'm at 11k for being a retarded...

I took no profits and gambled/leveraged too much. Tbh it was a horrible time as I had just started when the bullrun had started gaining momentum so I was too ecstatic over the whole thing.

Thanks for the advice frienderino, wagmi !

>>52734314
It's normal, people say it here all the time that it normally takes 3 runs to make it. First one you probably lose money from greed but learn from it, second you make profit but not enough to make it. Third run is when you make it.

>>52733822
>>52733317
Why is everybody here so fucking stupid?

The point of bulltards is to say it's worse now --> le bottom is in

And bobotards should be claiming that everybody is still way too positive--> long way down still


You don't even know what bad faith posts to make to support your bias, fucking imbeciles

>>52733317
2018 felt worse but maybe it was it was it was my 1st bull run cycle and I believed the fear mongering about it never making 20k again. I completely missed out on this bull run because I never bought back it and sure as hell wasn't going jump in in 2021. Now I'm DCAing at these prices and going to bag hold for a future run

>>52733322
wouldn't that mean theres less people selling though? even if no ones buying the price isn't just gonna tank to something outlandish

>>52734224
cryptoface timed the top though there were others as well people just didn't listen because they were euphoric

>>52733221
>>52734666 (cursed trips)
We still haven't touched the long-term trend line. If we hit 10k some time next year it will be time to start cautiously buying. If we crash through the yellow line after that then crypto may very well be truly dead. Watch for signs like crypto miners shutting down operations, major institutions divesting, etc. At that point you just have to hope the fed starts lowering rates so we can sell into a relief rally.

>>52734957
>We still haven't touched the long-term trend line
True. I'm just throwing money I can afford to lose. I'd love it if it hurried up and hit 10k. Its going to take a while I think which is why I have started to DCA.

>>52733221
You did not miss the bottom, benchod. We are just heading right into a multi layer bear market. buy whatever dip you want to. I believe web3 and privacy will become really important when this whole shit is over

>>52733221
Bag more assets retard

>>52734957
Jesus Christ. You ever heard of LOG charts?

>>52733251
it was much much much worse in 2018 at least 3 times worse due to the hash wars.

>>52737394
>muh exponential growth

>>52735073
are you saying ICP Chads are gonna make it?

>>52733251
Although among investors I don't think the sentiment is too bad, the problem is that
1) this is the worst it has looked for crypto due to incoming government regulations, and
2) the economic macro is so bad right now.

>>52733243
confidence level is low atm as liquidations seems to be fucking us hard, but then DCA keeps chads like me bullish as we can slurp on the discounted prices of faves say Ride, Muse and LRC. Ain't no shitting about dah.

>>52733221
No you haven't OP. Keep accumulating. ATOM and LOOP are cheap now. QNT and EGLD also cheap.