/biz/ - Business & Finance

>>6287886

It's been one day nigger calm the fuck down
The Korean FUD fucked us over for awhile we'll recover soon.

>>6287886

you forgot to buy VEN retard

>>6287886

I want to see the market crash so fucking bad right now. These fgts with their TRX bullshit have made me lose all faith in this shit.

>>6287932
>It's been one day
>Still not up 200%
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA ITS OVERRRRRRRRRRRRRRRRRRRRRRRRR

>>6287932
BTC is showing bearish signs and I'm worried about a serious crash, like to $6000.

Most altcoins seem to have lost all volume and basically dipped in unison, in terms of sats.

Meanwhile the MSM is moving on, out of crypto, and focusing on other things and I'm worried this means a lot of dumb money is simply pulling out of the system. It's not looking good at all here...

>>6288079
This

Market is fucked for a while.

its the strategy of crypto....makes us all panic...get new pussy investors out cause this wasn't the get rich quick thing they expected then the markets rebound and in the long run most of us are still winning....new bitcoin buyers from this holiday season are probably spreading massive fud to everybody they know cause they bought at 19k...

>>6287886
the crypto economic forum is in SF this weekend. i assume the projects that are going to be there will pump this weekend.

>>6288079
millenial normies got screwed by tron and ripple. we'll have to wait until generation Z is all grown up and can use their money to buy crypto, until then its a bear market.

CASH OUT. NOW.

>>6288282
Over the past year Bitcoin has always basically risen while other coins shit themselves in terms of sats. That's not happening right now, at all, and BTC isn't looking good.

Where's my fake tether printing pump?

>>6288343
Bitcoin itself might be headed for a multi-year bear market here.

talk for yourself buddy. I am > 50% in BNB. It rises when there is panic and it rises when there is euphoria. No pink wojacks anymore ever since I switched

Hope this market dumbs further so that the normies are get shaken out

>>6287886
Yes, stay strong, anon

>>6287886

no itll never go up ever again

the last 10 years of crypto is now done, today is start of the new era

>>6288519
Garbage meme chart that I've seen posted here 1000 times. I just find it hard to believe that the 3 year bull market just suddenly ended, yesterday.
>>6288590
I'm actually worried about this though. Because the media essentially pumped Bitcoin and are now dumping it.

Could it really fall back to 6k or below?

>>6288377
I'm not too thrilled about the current situation, but also don't really expect a huge crash. As crazy as it is, BTC does have its support and the alts aren't as glued to it as earlier. It's not like everything is gonna dump to zero because of a consolidation period

>>6288519
We can ignore this as a dead meme since December

>>6287886

Don't say entire as if this affected me.

I'm a 100% VEN holder.

>>6288696
>>6288519
Pic related. I don't know what the fuck this is but it's not the bubble meme chart

>>6288630

I don't understand why institutional money would suddenly pump this shit and dump it so fast, other than wanting to steal normie's wealth. Fuckers need to die. Have you seen how many Bitcoin FUD articles they were pumping out as well as "Bitcoin is 20k" articles as well? They are playing normies into the palms of their hands and it sickens me, that they are getting richer like this. The only way the world will change is if there is a transfer of wealth and they are fighting to never let that happen.

>>6288630
>>6288696
Denial is beginning to show

ABANDON SHIP BRETHEREN

>>6288630
>I'm actually worried about this though

Jesus Christ fuck off

>>6288630
Still think there's another 3 to 5yr left if this craziness. I would say 75% of normies have heard of bitcoin, of these 0.01% know more or actually investing. Plus institutional investing to come. My biggest worries are:

1. market overpriced and will correct (still a little way off imo)

2. Gov and banks curb crypto in any way possible until they realise they can't and embrace it.

>>6288768
>it's a salty nocoiner
I've cashed out my initial investment several times over, no need for denial. But if you look at this logically, do you think it's realistic that it's suddenly gonna crumble to zero without a good reason?

Looks like a serious crash is coming for Alt/BTC. I think ETH will weather the storm but Altcoins are probably fucked for a couple of months.

>>6288869
I think governments have figured out by now that it takes 1 angry twitter post to crash the entire market 40%. This is not a good sign.

give it a week and it will recover you silly cunts

Guys, think about it. Now's the PERFECT time to invest in some really undervalued alt coins. Bitcoin and Eth are fucked for a while because institutional investors got spooked by the South Korea news, so if you have the balls, move your shit over to a couple of alt coins you've believed in for a while. Personally I think QLC is the perfect refuge and could moon in Q1, but definitely by Q2. NAS is also a great pick. Just do your research, and stop thinking about what sounds cool to blockchain experts. Consider yourself a 55-year-old normie corporate executive, and think about what you'd want for your company in the next 3-5 years...

>>6288361
>jews and chinks singlehandedly killed crypto by exploiting normans
so this is how it ends

>>6288915
I'm ok with this. I expected it and hae lived through these before. It's BTC I'm worried about right now.

>>6288959
We aint buying your bags pajeet

Should see a rise up over the weekend. In the mean time buy the dips if you are wise.

I threw away my private keys and passwords so I can never panic sell the dip. Iron hands boys

>>6288928
Fucking this.

If government shills can crash the entire market with 1 post, what's to stop them taking advantage of this in the future?

Pump is in 1 hour. We are pumping with 5000 members. Get in

https://discord dot gg/hTTEEt2

>>6289013
Why would they when they get 20 - 30 % of the pot?

>>6288898
I've cashed out a week ago, I'm just waiting till crypto defies history, then I'm going back.

For now, it's stupid to keep your money on crypto since you can lose 80% - 90% of your investment according to all bubbles in history.

>>6289001
The whole purpose of buying dips is to capitalize on an uptrend in a larger time frame, by buying a dip in a shorter time frame.

But the daily chart is bearish right now. This should worry you if you have any crypto, at all.

>>6287886
BTC JUST HIT 100MM SATS SELL SELL SELL

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>6288079
>Serious crash
>6k

Really shows you how new everyone here is

>>6288361
>millenial normies got screwed by tron and ripple.

no, they screwed themselves by paying way way WAY too much for a bunch of shitcoins. it was a fucking freakshow, and I hope it fucked them real good.

>>6288426
I'm getting on the BNB train on the next dip. I am a believer now.

>Tfw lost 50% of my portfolio

If I lose 80% ill be fucked

>>6289149
I started trading when BTC was about $500..

I sold most of my BTC well before $6000 actually. But that would still be enough to cause a multiyear bear market.

>>6289216
Tbh I can't wait for the Twitter complications of people getting fucked by shitcoins

>>6288756
Could very well be though, you think it's normal that shitcoins all over the place are 2-5xing all over the place? I don't, it will correct hard.

>>6287886
VEN is hella up. half my portfolio is VEN
other half is UFR - low marketcap gem. TO THE MOON BEBAAY.

>>6289292
inb4 pink wojaks become mainstream

>>6289008
I think I'll do the same, if I just HODLED from the start i would have 10+ BTC , now I only have 1.2

>>6289292
I can't wait for it too But it's seriously just Bitcoin I'm concerned about here guys.
>>6289304
ENOUGH WITH THE FUCKING VEN SHILLING JESUS FUCK

>>6288973
Lol this gif makes me hear the song in my head.

too many salty nocoiners in this thread, I turned $5k to $1M and I will keep going until I have at least $100M ;)

>>6289077
Problem is
>cashing out gets you fucked by taxes almost as badly as a crash, keeping it on an exchange is a risk in itself
>you can't see the future
I thought BTC was done for during the Christmas bull trap, but it kept going up. Not saying I'm not prepared for it to go down a lot more, but a -90% is just as likely as +100%, that is to say not likely at all.

>>6289299
This is the worst symptom IMO. Some money is gonna vanish because of them but some is also gonna find its way to the few real projects

Also note to self: every time I've had a bad feeling and thought about cashing out completely, the market's gone up. It's not logical

>>6289479
good man:-)

>>6287886
ZCoin is way up nigger.

>>6287886
>started with 3k dollars
>have 18k
>"""""""""""'recover""""""""""

It can only go up for me

>>6289818
The market is logical though...your feelings are not logical.

God so many no coin 4chan FUD FUCKS in here. Nothing is even wrong you fucking retards.

>>6289902
>huh muh coin is up guess I showed them huh better post in all the scared bear threads about muh coin being up gotta show I'm not losing any money like these plebs r-right?
Fuck off shitcoiner the big boys are talking about Bitcoin.

>>6289918
Please tell me more about this market being logical

>>6287886
it's still up ytd and obviously 3m etc so get your panties untwisted fag

>>6290062
If you don't look at the charts and just think about external factors affecting it, it makes sense

>>6289918

>Coins with nothing but a flashy website with vector graphics and some buzzwords are worth billions of dollars
>Rational

Pick one

>>6290098
See >>6290141

If it was rational, XLM, ETH and maybe XRP would all be above BTC

>>6289818
Coincidence? Whales want you to lose hope while they accumulate. The more hope you lose the bigger their gains.

Also, I think governments are going to work to put the brakes on, hopefully gently. No one wants to see a crypto bloodbath.

It's a good thing.

>>6287886
>tfw XLM hits $3 by eom

>>6290141
>>6290221
Low unit price has pumped some serious vaporware and people are going to learn what a marketcap means whether they like it or not.

>>6290256
Sure, it's a given that whales are a major force on a market this tiny and unregulated. More reason not to panic sell when you're on the low

>>6290486
Lots of dumb money on the market, might take a while

>>6290221
BTC is digital gold.

>>6290570
You're not entirely wrong, but there are better coins for that.

I can beat the market while btc is dropping, or while alts are dropping, but daytrading when both are dropping is treading water. We're recovering right now, though, if my profitability is a good indicator. Yeah, 1d total market cap going in right direction.

>>6287886
it's time to buy faggot

I'll sell my alts but ill never sell my FUN

>>6287886

well recover in 6 months after BTC hits 8k

Just started using blockfolio, why is it not working? It just shows this

>>6289998
You Bitcoin "big boys" are shrinking. ZCoin is the big boy now. That or Cash.

>>6287886
This is the biggest hit to my folio since I started almost an year ago.
>Trying to recover from XRB dumping about 15%
>It goes up a bit, sell and move XRB to DBC because of Huobi listing (bought in at .50)
>DBC takes a dump
>ETH starts to moon, everyone moves to ETH
>Bitcoin starts to dip and still is dipping

This is how I lost 40-45% of my portfolio, mainly just holding

>>6291665
Short answer: Blockfolio sucks. Use Delta.

>tfw you started three days ago
>only experienced downfall
YOU PROMISED ME GOOD FORTUNE

>>6293392
First you observe the market. Then you learn that you always have to buy low and sell high. Then you wait for the crash and then you buy in.

>>6287886
>entire
XLM up 13%

>>6288079
>BTC is showing bearish signs and I'm worried about a serious crash, like to $6000.
Just curious... What makes you [pick that number? Why not 600, or 6?

>>6288016
trx did crash, why should everyone else suffer? fucking no coiner shut the fuck up, you browse biz and wish you bought in, then see one bussword "TRX" and then act like your an expert and shit on the market like you knew better than everybody else

>>6288898
Has there ever been any legit reasons for its gains? Not talking about convenient narratives after the fact. Why should losses be any different?

>>6289001
Any real reasoning behind that prediction, or is it more of a 'hope'?

>>6289008
lol so your assets are forever frozen?

I only care about my skellies and I have more of them than I did yesterday pre-crash

>>6287886
>babby's first dip

>>6287886
yes dumbass. normalfag's first dip?

>>6294000
Not him but it's a comfy number psychologicaly I guess. Not a total planewreck and low enough to have second chance to buy in.

I'm up 5%

BNB
UFR
ZCL
ELIX

>decide to finally get into crypto
>look at markets
>everything is down
>"Should I buy now?"
>Everyone saying "It's over. We're fucked."
Why am I always late to everything?

>>6295051
because the oldfag /g/ and /biz/ bros never bothered memeing other boards

>>6295129
>tfw knew about bitcoin back before anyone had really heard of it years ago
>was like 13 so no money to buy
>mention bitcoin to parents tell them it will one day be worth quite a lot of money
>"That's nice, anon. Now eat your dinner."
>years later they wish they had listened to me
>years later I wish I had listened to myself
I always thought it was too late, then I recently decided it was not. Now it appears it might actually be too late. Please kill me.

I'm probably going to buy the dip a bit and see what happens. Any recommendations beyond the big ones, guys? I'm still in the researching phase and there are a lot of coins to learn about.

>>6288426
I am balls deep in BNB.
It's going to 50B market cap this year.

It's fucking NASDAQ of crypto. 250k new users in 1 hour today. Holy fuck

>>6295051
i felt the exact same way when i was first going on /b/ in 2008 and everyone said /b/ was dying

>>6295400
It's not too late at all as long as you choose coins with ACTUAL REAL USE CASES and a solid roadmap and team. There's a whoooole lot of trash you can get that will be gone in 3 years time

>>6294366
IRON HANDZ

>>6295502
>choose coins with ACTUAL REAL USE CASES and a solid roadmap and team
I see.

>There's a whoooole lot of trash you can get that will be gone in 3 years time
That's what I assumed most of the smaller coins would become. They are smaller people that want to get in for fun and then shit happens and they drop off the map. That's why I am trying to sift through the smaller coins to see which ones might actually be worth investing in, at least in the short term if nothing else.

>>6290565

A 50% loss is going to shake them up a bit.

>>6295414
>It's fucking NASDAQ of crypto

You mean its founder is a con artist and fraud too, just like Madoff was, and the exchange/bnb shitcoin will go belly up one day?

So let me guess. You fags all went x100 short?

show proof

>>6295400
ICX is one of the best for a long term investment, same with ZRX and CND. Most of the best short term holds for a quick buck are many of the shitcoins you see shilled around this board all day so tread lightly and don't invest any money you aren't prepared to lose if you choose to go chasing pump and dump coins.

>>6295400
>mention bitcoin to parents tell them it will one day be worth quite a lot of money
that's such horseshit though, nobody thought this

>>6287886
of course we are gonna recover. this happens every time. everything dips, everyone is super pink, and then everything moons for some time, then repeat.
so before we moon again. buy some ENJ and BCPT. whales are gonna start pumping that shit in a few days.

>>6287932
>It's been one day
It's been more than one day.

Tonight is the night we'll see BTC hit $8-10k.

Strap in, boyos.

>>6295898
I see. I will look into those. Thanks for the advice Mr. Merchant.

>>6295938
... I did. My thought process was not complicated though. It's was a basic childish "the internet is getting bigger and this uses the internet, therfore this will be bigger". I also was an edgy anarchistic kid and since bitcoin was money without the government I thought it was pretty cool.

>>6296111
short it

>>6288361
>millenial normies got screwed by tron and ripple.
Stop making shit up. The market is going down because Koreans are selling. The rest of the world expects it to go down, so they sell it to rebuy later. This isn't the end of crypto.

>>6287886
>wagies like me with liquidity can keep buying while you sell dips

Lmao