/biz/ - Business & Finance

>>55766334
yeah we know,i warned you

>>55766334
usd is inflated more retard lmaooooooooooooooooooooooooooooooooooooooooooooooooooooo

>>55766362
I will get back in the game once BTC crashes to $22k ~ $25k

>>55766432
20k eoy

>>55766432
so you sold at 29K just so you can maybe buy back at 25K? do you really think that's a solid plan?

>>55766453
I think BTC will crash to $22k.
Also ETH will crash harder. I can also buy new alts when BTC is at $22k.

PEPE will likely fall down to $300M MC. Easy 10x by the next Bull.

>>55766334
Crypto is Joeover! It going to 0!

I'm starting to think you are right, not based on what you've said OP but I've been thinking the same in the past few weeks.

Too many people are predicting the next bullrun will 100% happen and that is something that hasn't happened before.

>before 1st bullrun: It's never going to be worth anything

>before 2nd bullrun: It's never going to go that high again

>before 3rd bullrun (YOU ARE HERE): there will 100% be another bullrun, it's all already priced in it'll be worth heaps!

It's too predictable at this point that it's clearly a Jewish rug. I'm still holding a decent bag of ETH and XMR but not going to invest anything more at this point and DCA into blue-chip stocks instead.

>>55766334
Dude I just fell for the trading meme and lost 600k. Down to 0.
I wish I had stacked everything and bought a boomer stock giving divs.
Don't make my mistake, stop cryptos, stop trading it's a shit market right now you'll be bleed by algos, low volume, shit spread and before you notice it your equity will disappear.

With 850k you can buy KO (Coca Cola) on a real broker (not a scammy crypto exchange and they all are). You can enjoy 4% div / year with a stock that is on a huge long term base and inflation résilient (pricing power).
You can enjoy approx 30k/year after taxes or 35k if re-invested and KO can probably slowly grind while all the shity meme tech stocks / cryptos goes to "0" and craters every dumb trader like me.
Or you can keep 50k as "fun money" to trade actively and if you're truly one of the 0.1% traders you'll make money with 50k without the whole stress and of you lose it well you'll be glad it was not your entire stack.
Keep your job, keep some balance in your life don't get greedy like me you'll regret it so much.

(Had 50k from 5k in 2017 run then lost it all during the crab market thought I learned it all, then made 30k woth Eth but lost it all on meme trading, then another 50k with chainlink alone I gave everything to my mother -health related- then I felt ready for the covid rush started with 1k ended with 550k at the 2021 peak. Felt ready but felt too greedy stopped working etc etc... started to live like a consoomer full time trading then boom I am at 0 now. Instead I could have put 500k on KO 50k to trade keep my job I would have at least 600k now with active divs which mean I could work part time, do a master, improve etc etc... Now I need to start from 0 again)

Watch monthly chart on KO it's a huge 20years base, i think some others inflation resilient stocks have aomehow the same charts but KO is my personal favorite.
I just hope I can help anyone to not live what I'm living.
Cheers enjoy it you deserve it

>>55766845
This is exactly my thoughts in the past year. I even swapped BTC for KO stock 3 weeks ago.

It's just too risky at this point because despite what everyone says, it is not 100% certain that these coins will even go to half the marketcap they used to hold.

>>55766334
You're a little early.
The crash comes in September usually.

If I recovered my wallet originally from my ledger to my trezor, am I safe from the whole ledger subpoena thing, or do I need to make a new wallet and move my funds there?

>>55766845
>Dude, sell BTC before it even has a 5 trillion market cap and buy some American sugar water company for $262 billion..

>>55766845
I'm fairly bullish on WEN (Wendys) for a few reasons. They're aggressively opening restaurants across the world, small market cap and I'm fairly sure reddit meme boys are going to pick it up eventually.

4b market cap I've got 100k in WEN stock. Earnings come out in 2 days should say a bit about its future but their revenues have been growing every quarter since covid.

>>55766747
>He lets you win
>Oy vey goyim your breddy gud try it again I bet its just luck
>Lookadat you got me again. Whats that? You wanna play again? Oh no have mercy goyim this my livelihood
>Goyim bets it all

>>55766453
>is making money...good?

You do you but this is not your personal blog. I always keep crypto in my goyfolio because of the opposite of this reason. You never know when it gets hit with that green candle and if you hold it and don’t care about the money you will never miss out. I hate trading and investing in crypto is basically gambling but at least it’s based on how good a technology works. Wanting to get into gems once I have a feasible stack of cash money. I’m an absolute poorfag though.

>>55766845
I am also worried about losing everything. Mostly the access/security standpoint. Losing the seed phrase etc. I am confident that my stables will be safu for the next 6 months and then I can get back into crypto.

I just want to 5x my current N.W i.e reach around $4M to $5M and then I will switch to boomer index funds and will never ever touch crypto again.

I am not an active trader. I make less than 2 trades per year.

I YOLOd once between the hump of 2021 and sold everything at the peak in November. I waited one complete year and got back into BTC in 2022 at $16k. Then I waited almost a year and just sold everything today with BTC at $29k.

My plan is to make one more trade within the next 8 months and then finally in 2025 Bull Run if there is one.

After that it will be boomer stocks.

>>55766654
>next Bull
LOLMAO

>>55766334
>He sold hoping to buy back under 25k
Pump incoming. Save this thread for keks

>>55766334
Nice job OP. I still waiting for 32-35K, but your approach is fantastic. The local top is coming and you positioned yourself well for 2024.
Selling early is never a bad thing; as John F Kennedy's father said when he cashed out before the Great Depression in 1929 "only a fool holds out for top dollar."

Even if you miss 35K, you're about guaranteed to make it.

>>55767180
>>55766334
Thank you for your sacrifice. Now the bull run can continue.

>>55766898
Yes it's so much better to trade cryptos aka softscams with 8% slippage with any order above 200k$.
Watch 15min chart BTC/USD on kraken 2021 when it was at 30-35k. If you watch carefully you will se a 8%+ slippage wick. That's when I tried to swap my BTC to USD then CHF. I immediately lost 47k$ in one transaction.
Then kraken started to softban me asking how I made that money (I made it on their kraken futures exchange they pushed me to use). I successfully withdrawed my money but then they immediately blocked my account. Look at the complain tickers on reddit it's a regular thing. I still don't have access to it and never will again.

Same for binance, I have been very lucky I made 50k+ on SHIB when pushed by Elon and quickly withdrawed it but then a few weeks later they asked me my passport and all my ID again but since I had moved to Switzerland They told me my account was no longer available they instantly blocked me.

Yes anon BTC will go to trillions market cap and all the poor south American trading shitcoins will become zillionnaires. Don't invest in 200 years companies which survived trough the hardest depression and is the whole symbol of America on a safe broker with 500k$ cash protection in case of extreme bankruptcy like IBKR.

You look like me when I never knew what it was to have money.
Nobody with 1M + and a sane mind want to keep trading shitcos on softscams exchanges.

Keep some 1-100k on cryptos as fun money no problem, anything above with a long term view is a gambling retarded mindset.

>>55766898
That's when I sold my first stack 400k+. I have other screen from random orders (not me)selling near the top with 16% slippage.
But yes Bitcoin trillions marketcap it's the future etc etc...

>>55766747
>1st bullrun: It's never going to be worth anything

Everybody said since 2012 that this bitcoin thing will pump to 1 million and every newspaper made fun of maxis.
Who said it's never going to be worth anything the first bullrun? wtf are you talking about anon?

Just a few questions i have,hope you buy the dip at 20k

>>55766891
Unless you set up a multisig, you're not safe from the ledger subpoena thing. I set my old ledger wallet up as a 2/3 multisig with a trezor and a paper wallet as a backup. That way, if ledger want to give my keys out, they'll also need my trezor or paperwallet keys.

>>55766845
Damn, some of you guys on here have lived such crazy lives playing this game. Starting from 0 again though? Do you really think it's still possible in crypto?

>>55766845
no wonder you fucking lost it. you're telling him to drop 850 into fucking cocacola? are you kidding?

>How is btc dominance?

I want to cash my BTC out, but can anyone explain to me how? I just found out localbitcoin shut down so I have no idea how to do this now.

Do I have to upload everything to coinbase??? Bleh

>>55766747
For anyone saying that, there are three people saying Bitcoin will never reach ATH again.