/biz/ - Business & Finance

>>7208728
Don't ruin this. Keep ironically posting pink wojacks and fud threads.

Not really.

Nah I sold early enough to avoid losing any real money so now I can just post pink wojaks without actually having to suffer the loss of my investment.

>>7208728
Not yet. I'll start to worry if the USA shows the ban hammer to crypto. That's when shit really would hit the fan.

No.

Xlm, tel, neo, and tnc are on sale

I'm not worried at all

>>7208728
I already lost more than half of my initial investment so there is nowhere to go but up.

Not even a little bit, if the government starts regulating/banning crypto then I will start freaking out.

>>7208728
no

nope, just enjoying the memes and actually being able to feel something inside

I could not possibly be any less worried than I am right now

>>7208863
>one bitcoin is worth $8,300
>there is nowhere to go but up
:)

I might agree that BTC is losing value, but selling all your altcoins because BTC is taking a shit doesn't even make sense me.

I'm only ironically worried

>>7208946
>All alt coins linked to BTC price
>BTC is crashing
>All alts are crashing
>When the dust settles, all alts will be much cheaper
>You can sell now and have way larger stacks of your alts when you buy back in later
It doesn't make sense to you?

Crashes this big happened almost every weekend during 2017

>>7208983
It's too late for that. The reversal can start hard any day now.

>>7208946
This. They are crashing only because of BTC pairing. The time will come when people acknowledge Ethereum as the new king.

Unironically waiting for everything to drop to -70% so I could buy some more. My will is strong. My hands even stronger. -48% on portfolio. Not all in like some of you crazies.

>>7208728
I am a bit worried tbqh, all the ICO craziness and scams will leave a mark in the face of crypto for a really fucking long time.

I think normies are going to associate cryptos with ponzi schmes and shit for at least the next 4 years.

>>7208728
500k EOY

i randomly woke up to piss and saw DGD up 80% and rode the/sold at +130%, picked up 2 monero at $203

/comfy

>>7209007
There's a difference here in the volume.
One more little piece of bad news and this is mtgox without the 3 year stagnant period.

>>7208728
I expected it to be crazy before I bought in.

>>7208983

You were supposed to do this like 3 weeks ago.

This isn't some surprise event. Everyone knew it was going to happen when The Big Bang Theory episode came out. Nov. 30th. 5-7 days later, you see a spike. About 7-10 days after that, you see another.

Here's how it worked.

BBT: "WOW WE MADE SO MUCH BY JUST HOLDING THIS COOL"

BBT Normies: Huh, I better get in.

BBT Normies get in.

10 days after coinbase purchase "WOW I'M ALREADY UP 10%!"

Work friends hear this.

Work normies: "Yeah, I don't want to miss out on this."

Work normies get in.

19k happens. Smart money gets out due to literally every fucking indication telling people to get out. BTC drops.

Normies move to Binance because they read up on it. Normies find the cheapest coins on Binance. TRX, POE, FUN, etc. and they have been hearing XRP is involved with banks and they know banks use currency.

They get 600% gains from like... all of these.

"WOAH THIS IS TOO EASY."

Meanwhile: BTC drops again. And again. Prices don't come to close to ATH. They begin to look on youtube for TA stuff. .768 fib hits. Work normies begin to dip out.

BTC goes down again. .618 hits. Almost all work normies are out and some BBT normies start to out. BBT normies start to figure out TA a bit. RSI and EMA at base levels, thinking that it applies to crypto in the same way that it does stocks. They start to buy in because they are using 5m charts. They make money because it was telling them to get in on the 5m.

Traders, meanwhile, begin to open shorts.

Price rises to .786 retracement, roughly, and traders take profits. Normies who got out previously get back in (Jan 10-11). They see it stable for a few days and think it's safe. They put more money in.

Shorters short more.

Down to .5 retracement.

Only the strongest BBT normies remain. Perhaps they are not actually normies. They study more TA. Maybe get in to EWT. Watch some Haejin Lee or Philakone videos. part 1

>>7208728
Kindoff, sold most of my coins a few days ago. Bought some back at 9k and now I just bought some at 8.3k. If it falls down lower I'll buy some more.
I still have 60% of my fiat left so I'm playing this very cautiously even though I expect the market to rebound.

>>7209297

Part 2.

Maybe they start watching swing trading videos or general strategy videos. They start to become OK at this. Algo's kick in at .5. Bots start buying. Takes us up to .618 again. Shorters and those who longed take profit at this point. Soon, new shorts get created and new buy ins at the .382 get placed.

You are here.

What's next? Well, you've got a lot of REALLY pissed off people who lost a lot of money because of a TV show and a complete lack of understanding of human psychology. They saw easy god damned money but didn't associate the risks. They confused multi-year holds to quick returns.

Now the SEC will get involved. We'll see regulations and taxation like any other exchange. The fundamental nature of ICO's will have to change if they want US money. We will see reduced total market cap for a bit followed by a gradual resurgence of money as people dollar cost average back in to crypto at insanely low levels.

Phase 2 of market trends have begun and we will see a new set of millionaires form in the next 5 years.

I'm a big ETH holder,I really hate OMG and don't see it going x10 soon, and am thinking of getting a NEO bag.

10.000 tx/s vs 15tx/s is indeed pretty nice

>>7208728
Of course not, Iifelong mood problems has made me impervious to these things. I guess some people may fall from on high, but I walk at the bottom of the ocean all the fucking time, and I've got nowhere to fall to, I'm already as low as I can go and it just feels like home. It may make me sound like a 14 year old nihilist, but it is what it is.

>>7209096
tried to ride it from 105% to 130% but was too late to dump

If you havent already sold then youre fucked, you had your chance

Nope. About to buy the bottom and ride it back up like a cheap asian hooker.

>>7209877
Fuck off.

Nah, I´m good
Not fucking selling
I´ll just avoid looking my folio for a week or two

>>7209906
How are you so sure where the bottom will be when there's no clear sign this drop will stop?

cant wait for burgers to wake up and crash it even more

>>7209396
This.

>>7208728
zoom out, fagit
worried are only those who put in what they can't afford to play with

Yes, I fucking am worried. Just yesterday I invested the last bit of fiat I had left thinking I was 'buying the dip' on some coin. If this crashes to 0 now I will have NOTHING left to invest before the next bullrun. And I'll just watch as everyone gets rich off their $100 investment while I had to invest $10k to get the same gains. Awesome.

I sure hope so wojak count on this board is to low.

>>7208728
Not especially. We dropped on a bunch of "news" items that mostly turned out to be bullshit. Yeah, I'd be pissed if I bought at 5 figures, but I've lost >50% of my crypto value. It comes back.

>>7208728
History repeats itself. 2018 is the year of the lambo.

>>7210093
Look at the bright side, your 10k investment will soon be a $100 investment, so you'll be able to be one of those "I turned $100 dollars into X" people too.

>>7208728
d-don't be silly, anon

>>7208728
we handing shitcorn off to Burger under or just over 8000, eth is fucked too, and tether testing 96 and they already made so many ious for usdt that it's debt bubble is 15th by market cap.
what the fuck could go wrong?

I am still not sure of the effects on my ERC-20 shitcoins.

>decentralized currency
>banned by governments
lmao

>>7210136
You mean after everyone on biz lost their entire investment it will go up again? Great. There's no lambo for you if you don't have anything left to invest.

7,000 here we come !!!!

>>7210327
Enjoy cashing out when there is no fiat gateways or any vendor who accepts crypto.

>>7210438
God bless drawfags for their new oc all the time

>>7210422
If you don't sell and the price goes back up... you still get a lambo shit for brains. Only the true brainlets that didn't sell at the peak and sold the bottom are fucked, and I'm okay with that. Those fuckers shouldn't have invested in the first place. They are either too stupid for this market or couldn't afford to lose what they invested, which is also stupid. That's like rule number fucking one we tell people on here. And the second is don't panic sell, and the third is buy the fucking dips. If you can't manage those simple rules you deserve to be broke.

>>7208728
Play with little memecoins on cryptopia. Only buy coins that are strictly BTC based markets, relatively low volume, very high volatility, little risk of going sub sat.

Accumulate BTC from those markets and put it into bigger memecoins like doge, rdd, dgb, and bitb when they flatten out. As bitcoin returns, they will also jump up and you can gain like a jew at a bar mitzvah.

The only thing I'm worried is the investors' reactions to weak FUD-news. Seriously, how fucking weak is this market?

>>7208728
yes I'm worried, I bought too early and with the same amount of money I would have had 10x more coins

>>7210052
Impling they dont use a stop loss

The only thing that bothers me is the lack of fiat to invest in this crash.

Unironically shoveling in all the fiat I can right now

Not me, I invested only what I could afford to lose and have earned it all back plus a comfy bonus.

>>7210972
why does it take so many days to liquidate assets and do bank transfers REEEEEEE
unironically want to quit fiat forever

>>7210873
Same here. I wish I'd cashed out 50% or so back in early Jan so I'd have fiat on hand to buy more atm but so it goes -learning expedrience.

No. The big delay in getting money onto Australian exchanges stopped me making terrible mistakes

>>7209396
So what’s in it for the iron hands hodlers like myself who either lack the skill or time to swing trade this shit? You seem sharp. What’s this market gonna do over say, 3 months?

>>7208728
I hope you are you fucking bitch, I want a new gpu so please sell the one you're wasting on memecoin mining before killing yourself.

Nope. BTC will be $100k end of year.

If you can't handle BTC at $2k get the fuck out now. If the US regulators even hint at anything negative about crypto BTC could plummet.

I think BTC could dip to $3-4k but will still be $100k end of year.

/tv/ here.
Never bought stock ever in my entire life and I know just the layman knowledge.
Did people here really bought bitcoing AFTER the bubble had already burst?
Are people that retarded?

Not worried at all DESU

>>7208728

never had more than 1$k fiat in crypto ... bought in way too late around ETH being 990$ > lost 70$ on cardano nothing else ... > switched back to fiat once the official news hit (its impending doom was clear since almost 2 months)
will buy in once ETH looks as if it were to stabilize which is when this TETHER SHITCOIN along with Shitfinex is gone or resolved for good

which means this shitstain of a market will change in price drastically

>>7211321

Not sure if you're serious or retarded, buying after the bubble burst is the best time to buy, assuming the bubble has already burst and isn't still in the process of crashing.

>>7211183

dream on retard

Boomercoin is losing foothold and will decrease once the situation has cleared and exchanges will pair Altcoin with USD (Shitrex for example already announced it for some)

>>7211516

lol what makes you think the crash is over? bitfinex needs to get rekt along with tether - none of which has happened yet ... its only the news - the coinholocaust is still to be expected

>>7211321
bubble bursting doesn't mean a new bubble won't start immediately forming

real estate bubbles have burst, stock market bubbles have burst, what happens? they recover

buying during a bubble burst is the smart thing to do once the crash is nearly over. Anyone buying now is a genius

>>7208728

>Didn't use money I couldn't afford to lose.

>BTC 100k in eoy 2022

No

>>7211586

I didn't say its over, only that buying after the crash is ideal. Like I said >>7211183 I would not be surprised to test $3-4k.

>>7211532

Lightning network plus dapp platforms built on top of bitcoin will keep it king. Although I could see eth topping it, BTC would still be #2.

I could see BTC at $100k eoy, ETH potentially at $10k.

>>7209672
easy for NEO to have so many tx/s since it's basically a distributed postgres database, look it up faggot and buy EOS

>>7209297
>>7209396
Imagine being so fucking stupid as to write all this shit and expecting people to read it.

yeah but i use memes to cope
SO
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>7211321
Depends on how short sighted your investment is, buying during crashes is when you stuff cheap. You always risk "catching a falling knife" but in the long run you'll be making sweet gains.

im worried this shit will snap back to new ATHs before my paycheck comes and I can buy more

>>7209851
Yep. Lost a stupid amount of money. That’s the last of my problems.

>>7209396
True thst

Not worried at all. BTC is not done yet, but this scientfic paper that traced darknet users with the blockchain protocol really fucked with a lot of people.

What are good coins to get now that we have a nice discount?

>>7211516
>>7211610
Ok. So why are people here on suicide watch?

>>7211819
It's called autism

>>7208871
Starts? You kidding me?

Did you think it was going to be anything other than regulated eventually?

I am very worried. The market is in pure manipulation state, I can hardly daytrade and I don't know when to get in. Of course, I am planning to go all the way in during this month, but I can make up to 5x more money if I guess the entry point right.

>>7210545
No prob

I sold off my entire portfolio yesterday.
Glad I didnt wait

>>7211819
B-but I read it!

>>7208909
I'm almost 70k down, nearly reaching my initial investment but I'm happy for this ride.
I hope we all make it. But if not we will at least treasure the memes and the memories.
The real moon missions were the friends we made along

>>7208728
Worried I’ve only made 2000% instead of 3000%? Yes.

>>7208728

My worrying is intensifying by the minute

SO SMOOSH
https://www.youtube.com/watch?v=PTrCkdSaPVw

>>7208728
No, worst case for me is I loose all the 200€ of my initial investment.

>>7208728

http://cryptofeels.net/

>>7210873
Unironically this

>>7208728
>invest no more than you can afford to lose
i was and am ready to lose 100% so my iron hands do not care a bit

ive already cashed out but where is the bottom to this dip?

is it going to fly through 7k and go to 6k?

>>7209025
this, selling now would be the ultimate buy high sell low

>>7211183
>Nope. BTC will be $100k end of year.

just screenshotted this.

>>7212578

then you're the BIG WHALE who crashed BTC !!!

>>7208728

This is amazing. A crash like this could last for decades in stock market but here we are done with it in matter of weeks or worst case month.

Now that it's soon over we can start mooning rest of the year and x all previous ATH's.

>>7212933

>sells his iPhone for €200,00
>buys BTC @ 19k because Hurr Durr Mooning
>starts checking Lamborghini prices
>to date, still checking Lamborghini prices
>his puny 0.01 BTC now rated 61.79€
>pinkwojak as usual

>7500

>>7213684
i'm honestly kind of happy that it's going this fast!

you sell = you loose.
Don't fall for it.
Stay strong and HODL.

>>7208728
BIT CONNEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEECT

>>7213684
a bit optimistic, this could take a quite a few months to slowly recover

>>7214423
>Could have sold at 19k, didn't
>Could have sold at 15k, didn't
>Could have sold at 12k, didn't
>Could have sold at 10k, he still didn't do it.
>HUDDLLLLL

>>7208728
Nope. Buy buy buy.

>>7214947
Sooo true. Better sell now at 8,5k.. I could loose even moreee.

i'm only slightly worried because i have to pay fucking 110k in taxes for 2017 and probably 80k for 2018, though at least 2018 i can sell shit during the year to cut the capital gains

i cashed out 150k so far

it's such a fucking pain man

>>7208933
I've got 8300 reasons you're wrong