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/biz/ - Business & Finance


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54575689 No.54575689 [Reply] [Original]

is this a bull trap? I thought the economy was going to crash and burn in 2 weeks?

>> No.54575706

It is.

>> No.54575724

>>54575689
its weird because twitter/reddit/4chan will say "normies think the economy is going to crash so you should buy!"
oddly enough i was in a board meeting with a non-profit i work with in my spare time, i do basic analytics for them, feeds poor kids and stuff whatever
point is, lots of wealthy guys sit on the "real" board and they did nothing but repeat how economic conditions are tightening and they're wanting to be much more conservative with outreach
so on one hand you've got the 4chan anons saying DO THE OPPOSITE OF NORMIES
and yet you've got "normies" that are actually unironically wealthy saying they're not enthused with the economic landscape

which do you believe? muh opposite cohort or people that have actually made/preserved wealth?

>> No.54575731

>>54575689
you asked if it is a bull trap at 20K and at 25K and at 28K as well

everyone is so accustomed to the downtrend that it's almost instinctual for everone to try to short every single pump, and this is how you get raped. it won't go down until you yourself start believing it will go up more

>> No.54575733

Two more weeks, bro.
Meanwhile enjoy the green.

>> No.54575738

>>54575724
I inverse my mom

>> No.54575750

>>54575724
>"normies" that are actually unironically wealthy saying they're not enthused

That's your answer

>> No.54575924

>>54575689
Look at the volume and double-top on the 1W Stoch, it absolutely is and we're going to get the same scenario we would get years ago where we spend months slowly climbing up, only for all those gains to be erased in a few weeks.

>> No.54575930

>>54575689
Is bitcoin going up, or is the USD going down?

>> No.54575992

>>54575724
i come here to laugh at you

>> No.54576016

>>54575689
The other economy’s going down, not this one

>> No.54576027

>>54575689
It is. Your economy
Crypto is global

>> No.54576043

>>54575930
This guy gets it

>> No.54576067

>>54576027
>>54576016
>doesn’t think it’s all one globalized economy and that real money has an effect on shitcoins

>> No.54577199

disbelief

>> No.54577227

Point to one other time in BTC's history that a "bull trap" lasted for 4 months.

>> No.54577896
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54577896

>>54575689
Should I sell my BTC and buy some Alts? Like XMR, LINK, AVAX, SOL, or DOT?

>> No.54577973

>>54577227
2021

>> No.54577975

>>54575724
fuck off normie shithead

>> No.54578015

>>54576067
>he thinks usd matters to other countries
Lmao shut the fuck up and go drink some soda

>> No.54578108

>>54577896
>LINK
no, it's dead.
>XMR
no, buy it before the exit pump. Whales will ape into XMR to launder cash as they tank BTC. Then sell it after BTC crashes before they convert their XMR back into clean BTC.
>AVAX, SOL, DOT
scams

>> No.54578123

>>54575689
FFS. Why did I put everything in APE?

>> No.54578153

>>54575724
Normies have been right about the bear market. I remember this board posting articles and screeching "BOTTOM IS IN" as we kept plunging all the way from 60k to 15k.

>> No.54578189

>>54575738
My mom puts everything into a savings account paying 0.1%. If I could borrow at 0.1% I could inverse my mom.

>> No.54578243
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54578243

A worrying amount of people fell for the doomsday speech about recession and whatever and three shitty ass banks nobody cared about fell and that was enough for people to feel convinced shit was going to get ugly. Very dumb. Anyways, check the market yourself using something like NWC.

>> No.54578303

>>54578153
Normies are the ones buying while Elon was on snl. What the fuck are you talking about

>> No.54578399

>>54578243
Now that the doomsday recession has been priced in everyone is free to continue to pump money in the markets. Everyone saying they have "a bad feeling about this" won't ever actually pull their money out because they're pussies.

>> No.54578410

>>54578399
Jews tell people "it's fucking bad goys" because they want you to stay out

>> No.54578456

>>54575724
rich people sitting on boards arent exactly your typical normie, do it like >>54575738

>> No.54578678

>>54575689
People are putting real money in both
The economy has crashed because:
-The US had a reserve and they are using it to save their fake banks
-They reached their debt ceiling
If they forgive loans that will break the US, i hope Sleepy Joe approves it only a stupid leftard would do it

>> No.54578742

>>54575689
mfs you are saying it's a bull trap since 15k

>> No.54578792
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54578792

Crash? This is only starting faggot

>> No.54578824

>>54578792
>two weeks

>> No.54578973

>>54575724
you think in dollar terms. its pointless.

>> No.54579079

>>54575689
It's an exit pump for (((them)))

>> No.54579208
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54579208

>>54575689
just enjoy it anon, we are almost there

>> No.54579279

>>54578123
Never too late to have your all in ENS and ORE. DiD projects are making miracles.

>> No.54579472

>>54575689
I'm still waiting for BTC to go sub $15k to call it a bear market. I'm probably a terrible trader but keep stacking sats

>> No.54580771

>>54577896
Forget SOL Y DOT for good. If I wanted to add another option, I suggest ROSE, and you're all set.

>> No.54580920
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54580920

>>54575689
Its not. Buy everything now and hope for the best. I bought everything in DEXTOOLS and i've seen a 45% this whole week
WGMI bros

>> No.54581076

>>54578678
>a few billion $ will break the US
Everyday im reminded how fucking stupid people on /biz/ are

>> No.54581251

>>54579279
Ain't sleeping on the ongoing CHUNKS airdrop, Gamified experience is thrilling, packed with eligibility mystery and engage-2-earn elements, rewarding goddamn loyal OGs.

>> No.54581371

>>54575930
USD tanking like a MFer.
Even Gold is about to make a new ALL TIME HIGH.

>> No.54581443

>>54575724
go back