/biz/ - Business & Finance

>>53197102
from the very first tweet I read by him I knew this dumbass would keep shorting, make a bunch of money through the bottom, then lose it all because he would keep shorting on the way back up

Guaranteed.

Who cares

>>53197085
>>53197102

>>53197085
>>53197102
The bullrun is actually back, holy shit!

This you?

>>53197116
its not for any of the reasons he posts, because fuck elliott wave
but do you really think this is the general bottom, i am getting 2008 vibes from everywhere, for if this was the bottom we got the softest bear in crypto and nasdaq in the hottest mess in decades
seems hard to believe

>>53197116
Crypto is not going back up, screencap this if you like but everyone is aware its all a scam and none of you actually care about the tech or whatever bullshit you use to justify your ponzi schemes.

>>53197085
when you account for the money supply, we are already in his buy zone
don’t be greedy

>>53197116
People like him just go with the trend. He was bullish for the longest time and now that he's been buck broken he will be bearish for way too long and miss out on more profits. Many on /biz/ are the exact same way, just mindlessly following the trend.

>>53197085
Cramer of crypto

>>53197315
This is why I am always perma-bull and do spot buys. Sometimes I will be wrong and lose all my money but it also lets me buy the absolute bottom which is where the real money is made. I'm not smart enough to get the timing right or do "trades" with longs/shorts.

Il Copeo

>>53197085
He’s right that we haven’t seen the bottom, I’m buying here because we’re going to test $19k first though.

In capo we trust.

>>53197085
This retard has had nothing but bad takes since the start of the bear market.
He is the Cramer of crypto by this point.
Just another "bullrun genius" being exposed by his own hubris.

>>53198105
This sort of swing trade is only worth it if you’re rich like me of course

>>53197085
This guy is a midwit. Judging by possible missed risk/reward alone it would be downright stupid not to have skin in the game. Lmfao if you rely on cucks like him.

There's no reason to bet that Bitcoin will substantially increase in price until the Fed starts easing again and/or the NASDAQ starts going up. The technology is not needed and its price is driven purely by FOMO. The time to hold assets like this is during QE+ZIRP not during the most aggressive tightening cycle ever.
>t. 100% crypto portfolio from 2017-2021, think it's all a scam but I still treat it as a way to bet on the money printer going brr

>>53197293
thanks anon..

>>53198498
well i will counter with if another leg down happens and the fed stops QT even while keeping rates high
that would probably be a good entry, if you wait for them to officially announce more printing you are too late, crypto moves super fast
but that depends on another leg down and qt really stopping, right now its crazy yes

>>53197085
More like IL SHITTO, LMAAOOOO

>>53197264
LOL no way is this real.
The “people calling for 100k at 69k are now calling for 10k” meme is real

>>53197085

>>53199104
Absolutely, and capo is the posterchild for the meme. Every cycle (half-cycle, even) we get a new "genius" that everyone listens to for some reason, until they get completely btfo and ridiculed shortly after.

>>53197102
fuck I just withdrew $50,000 and bought 324 XMR because of this.

>>53197085
Who?

>>53197085
il capo dei faggots

>>53199166
well he did stake his entire credibility on this if he fails on this prediction he is done for and plenty of people are calling him out on exactly what you are saying
still bonus points for him for refusing the affiliate money unlike others

Kek at all the retards itt saying shit like
>He called for 100k so him calling for 12k is the same thing!
No. Heres what will happen. BTC will drop to 12k. He wont buy . It will drop further and hang out for a while. Then he will buy. BTC will then drop further again. He will rope. Then some time later line go up again.

>>53199111
checked and based

The fed is stopping the rate increases next month.
People seriously don't get it, the fed lies, you'll be rekt if you sell.

NOOOOO HE DREW THE ARROW DOWNNNNNN

>>53199314
well not him probably as he made it, but many redditors and twatters will when they go all in with their lifesaving only to see it drop further
i jsut to think a bounce on 18k was the max painpoint, but now i think its that hit the 10k magic level make people buy in and then drop some more
the joke is that even if this happens that means the reversal is very near and you probably only have to hold for a few short months to go positive again

>>53199104
Was just thinking that. Like I cant believe its this easy. I’ve now seen this pattern repeat for like 8 years straight. My normie friends wouldnt even consider buying now. They’ll be back next year in the mid 40k’s

>>53199678
This is such a common opinion at this point. So many of these posts in ‘18 and 19, calling for $1k. They were so sure too.

>>53200450
no global recession back then tho
and the fed went straight back to easing after the dec 18 hiccup
there really is reason to belief today is different
i posted it in some other thread here today but right now you are fighting the yield curve inversion and the fed at teh same time

>>53200765
People were definitely expecting a recession remember my economics teacher saying that frfr no cap

>>53198498
>There's no reason to bet that Bitcoin will substantially increase in price until the Fed starts easing again and/or the NASDAQ starts going up
There's no reason to not buy now and every month from now on until ATH.

>>53200765
>no global recession back then tho
lol
You really fall for all the reasons not to buy low. You think you're too good for a free 5x?
Either market sets new ath or it doesn't. No reason not to buy today.

>>53200807
>frfr no cap

fuck off

>>53200765
There is no global recession... yet.
Russia and China have niggered their own problems and china gave property firms unlimited debt just few days ago. Every 100IQ thinks they are intelligent investors parroting recession after looking at few negative consecutive fiscal reports. The fact is economy has been decoupled from reality since 2008.

>>53200765
I love how you guys keep using the global recession as fud for crypto. To me it is the most bullish thing were gonna see in cryptos history.

>>53200878
>>53200884
you are arguing against pic related one of the most correct correlations there have been
so what do you think will be there in red for this year

also i agree this will be very bullish for crypto but starting from a lower level

>>53200850
we are gambling at a better entry point, sure if you dont want to certainly dca in now and spread out your buys over this year thats a guaranteed win, but not the optimal play

>>53201015
I'm gambling this is the bottom. If I'm wrong, I get a big X either way in the end. If you're wrong, you get no gains at all.

>>53200856
Boomer detected sign up for the retirement home heard it was bussin frfr no cap

>>53197293
Not only that, but we've been bouncing off support for months, which is inherently bullish (seller exhaustion)

>>53201033
>If you're wrong, you get no gains at all
you do know the market is more than liquid enough for me to flip and buy in at any moment right
and if the fed flips i will certainly do that, tomorrows speaking event will be interesting
but to be clear i am not advocating for never buying in just slightly later in the year, if i am wrong i miss out maybe a 2x
i am not poor so i can handle that

>>53200765
>invoking "This time is different"
kek bobo

>>53201069
>and if the fed flips i will certainly do that
The price would already be 30k by the time fed even hints at flipping.
>if i am wrong i miss out maybe a 2x
i am not poor so i can handle that
For a poorfag 2x is missing out on $1000, for a richfag that's millions.

>>53201069
>and if the fed flips i will certainly do that
The price would already be 30k by the time fed even hints at flipping.
>if i am wrong i miss out maybe a 2x
>i am not poor so i can handle that
For a poorfag 2x is missing out on $1000, for a richfag that's millions.

>>53201099
how to tell me your poor without telling m your poor
your make it level is a fixed amount depending on the col of where you are, once you reached that beyond its just a game of numbers on a screen
so in short a 2x altho nice to see would not impact my lifestyle all that much
meanwhile when you are still poor you are desperate for everything to escape, i was like that not so long ago

>>53199371
EVEN if the fed stops the rate increase next month, shit wont pump. You need a flat out reversal + new QE policy for fresh cash to oil the ponzi machine once again.
And this wont happen anytime soon. The goal of the current QT isn't to muh "purge the system", it's done to inflict max pain on US vassals and force a migration of their (mainly EU & JP) capitals to ensnare them in (((US))) financial claws. This hasn't occured yet.

>>53201162
Capital controls will be implemented long before the bulk of Euro capital migrates. Watch Germany in particular on this issue.

>>53201157
>how to tell me your poor without telling m your poor
>your make it level is a fixed amount depending on the col of where you are, once you reached that beyond its just a game of numbers on a screen
I never said otherwise. Stop being retarded.
>so in short a 2x altho nice to see would not impact my lifestyle all that much
Because you're poor.
>meanwhile when you are still poor you are desperate for everything to escape
I have enough money to rather just buy now and lean back and relax because it makes no difference to me in the short term if it dumps or not. You are desperate for max profit so you NEED to buy the absolute bottom at risk of missing out completely and not roughly close enough with no risk.

>>53201211
>will be implemented
By whom? Their traitorous politicians WE formed and who are on OUR payroll? Let me kek

>>53201270
They'll all turncoat on this, because its the end of them either way but only one of the options puts them in direct confrontation with their lessers. I cite Germany in particular because it's already tried to go against American interests w/ the Russo-Ukrainian war and failed, and because it hoards its capital jealously on the governmental level.

>>53201302
Only time will tell. But i fear they are too blinded by greed and pride for their own physical safety.

>>53201251
ending up at 30 or 60 million doesnt change your lifestyle if you came from nothing anon dont be stupid
once you reach a certain level its more about risk management and preserving your capital then chasing gains
you dont need to be high iq to know buying in early and having to fear a big dump is not unrisky as opposed to waiting until you are in an uptrend
again if you already made it you dont need to chase max gains, that you still dont understand these basic concepts of capital management really doesnt speak well of your chances anon

>>53201351
Don't get me wrong, I think it's better for the planet as a whole if the ruling class gets a new hole torn in them to remind them of just that reality, but I don't think theres a level of delusion that they can exist at where they can do that, because the way political prostitution works is that they don't think they're prostitutes.

>>53198498
>The technology is not needed
what the fuck does this have to do with anything?
do you 'need' half the shit in your house, or what youve spent your money on in the last 12 months?
besides, humanity 'needs' to burn central banking to the ground so your point is completely fucking off the mark regardless

>>53197289
>if this was the bottom we got the softest bear in crypto and nasdaq
These Capo haters really believe that

>>53203002
>>53203002

>>53203002
>we got the softest bear in crypto and nasdaq
Yes, now seethe and dilate, bobo faggot.

>>53203028
this isnt about twatter celebrities, this is about macro of the general market
do you really believe this is the bottom, it means either decades old correlations will be broken in this market or crypto decouples from everything else
both propositions require some pretty serious convincing

and yes i am fully aware of the counter trade the fud narrative that has been true for over a decade
but at the same time we are at a 15 year inversion right now

>>53203002
>He really believes the S&P is going to pre-2013 level.
You still have time to walk it back.

>>53203139
>it means either decades old correlations will be broken in this market
There have been a million times where correlations didn't happen. You are putting too much emphasis on it.
>and yes i am fully aware of the counter trade the fud narrative that has been true for over a decade
He knows, and is still too scared to buy. Truly you are feeling fear uncertainty and doubt. Despair more, soon you'll feel missing out.

>>53203139
Flush yourself down the toilet you wishy washy piece of shit.

>>53198046
This

>>53203139
>this isnt about twatter celebrities
OP's subject is literally "New il capo tweet" with screenshots of his tweets, eat a dick.

>>53203002
>>53203139
bear market rally into pivot and then crash?

>>53203139
Every single midwit thinks it's crashing more because of muh macro, the market always moves against the majority to cause maximum pain.

>>53197085
he is right, you know

>>53203296
Yes.

>>53203112
Not on team bobo, but team reality. Looking for that 2X on SQQQ. And here's your soft landing NASDAQ bear:

Silicon Valley layoffs go from bad to worse
Mon January 9, 2023
https://www.cnn.com/2023/01/09/tech/silicon-valley-layoffs-continue/index.html

>>53203580
Priced in, you are team bobo but like many bobos you're too ashamed to even admit it because bullchads like me bully you daily. Bobos like (You) are the incel losers of investing.

>>53203607
Yes, I've been bullied daily for the past year.

>>53203760
Times change. If you bear for too long you become a broken record of never making money. Bull time in 2023.
t. recent ex-bear

>>53203845
Agreed. Fortunately it didn't affect my QNT profiteering in Oct 2022. I just don't see any objective evidence for 17.2K being "bull time."

>>53204204
>I just don't see any objective evidence for 17.2K being "bull time."
Binance is insolvent and grayscale will be liquidated by DCG. I am feeling fear, uncertainty and doubt. I will sell all my crypto and only buy back in when Bitcoin is 45k and the bullrun is officially confirmed and it is safe to buy again.

If it wasn't obvious, that is literally every normalfag right now.
They're selling the bottom. If 2019 repeats this will violently shoot up to 30k, probably not 45k like last cycle (3500 -> 9000), but enough to cause all the bottom selling shorters to get absolutely ruined and for normalfags to fomo in again and get dumped on (again).