/biz/ - Business & Finance

>>57758415
it's a bullshit market

>>57758415
>fed demoralisation bread
kys glowie

>>57758415
>>57758432
Btc is the only coin that matters

>>57758415
people are converting their alts to btc because it's rallying. alts will start to pump once people convert back to alts.

>>57758415
literally none of my alts are down more than 10% percent, what shitcoin are you in?

>>57758415
>beta on altcoins is higher than ever
>major moves are highly correlated across the board
literally the surest sign were in a bull run

>>57758415
it's a rekt market

As an altcoin faggot from 2018 this is the part of the cycle i hate the most

>>57758415
Yes anon, this is the usual bear market 4x...

>>57758534
In a bull market there are bids to absorb dumping. If alts can dump 20% in one candle because a blip in the Bitcoin price that means there's no bids.
>>57758525
Icp, doge, dot all dumped 20% in a 15min candle

>>57758584
literally not how it works
for big money alts are their smallest holdings and the first to be sold off
we had a huge rally, everyones in the green, people take profits on their alts so they dump
and like I said newfag, look at the fucking chart of last cycle and compare how hard alts dumped vs btc, its the same shit but worse

>>57758415
not yet but alt season is about to begin we'll see marked flooding on shitcoins, evenmore having satoshisync already printing a shit ton of coins in order to flood SOL.
Imo, It will be glorious.

>>57758584
>INTERNET
>COMPUTER

>>57758415
XRP pumped to 0.60 finally after weeks of accumulation, never mind a 15 min evaporated all gains back to 0.53 and now it's threading at 0.56. I hate these stupid jewish bots.

>>57758584
it wasnt a blip though, btc crashed almost 10% in 15 minutes

>>57758904
thats nothing
stop being so new

>>57758511
nice assertion jimmy neutron. check btc's price again.

we back to 55k.

>>57758415
WHAT ALTS SHOULD I HOP IN, I KNOW IM LATE AS FUCK. SHOULD I JUST GRAB LAST SEASON VAPORWARE LIKE AAVE AND PRAY FOR THE BEST?

>>57758432
fpbp
+ updoot

>>57758703
BRC-20 shitcoins are going to be interesting to see. Wonder if they'll break after a little bit of buy pressure happens since, you know, btc was not designed to hold smart contracts.

>>57758904
What is a 'blip' to you?

>>57758415
mommy? i lost 3.3k the past hour...

>>57758703
>he thinks anyone actually uses solana
>he doesn't know it a speculatory playground for unsavory ftx exiles
lol

>>57759035
it's literally 60k. are you retarded?

>>57758551

So i should stay the course and keep holding my mostly Alts portfolio? Watching BTC rip is painful, but I'm still clinging onto hope that Alts will have their season this run.

Really second guessing myself right now.

>>57759390
op is a dumbass he should have dumped his trash altcoins when he bought them and never looked back watching bitcoin rip is the best feeling in the world nothing makes me happier than seeing the shitcoins that he bought in 2021 getting slaughtered while my stack of btc accumulates i don't feel bad about this dumbass losing money he deserves it for not buying only bitcoin btc is literally all that ever mattered and all that ever will matter only a retarded idiot buys altcoins

>>57759390
just hold BTC chain alts. that way when BTC pumps, your alts do to, as their values are measured in sats. so if your alt on BTC chain is worth 250 sats per token, if BTC pumps 10% and your alt is still worth 250 sats, guess what, your alts just pumped 10%

>>57758415
Longs were liquidated, dumbass.

Institutions are too smart to buy your little copy and pasted shitcoins

>>57758551
its the only cycle that matters, altcoins will never be a real supply

All alt coins are shitcoins, learned this the hard way as i stayed away from btc and dumped all my money into alt coins "to get better ROI" kek

I dont care what happens in the long run as soon as I reap the profits on my alts.

WE ARE OFFICIALLY IN THE BULLRUN

>>57759453
As of now BTC still going up so, STFU