/biz/ - Business & Finance

>>7524398
Charts now. Are we fucked? I entered around 8900+. How screwed am I?

>>7524413
Forgot pic

>>7524398
>>7524413
>>7524436
Here's how it will go OP
>b-b-b-b-but m-m-muh FUD
>shilll!!!!!
>TO THE MOOOONNNN!!!!!
>You sold at 6k didn't you?
Always do the opposite of what /biz/ says.

>>7524398
>trying to buy in an obvious bear market
You deserve this OP.

>>7524398
https://www.youtube.com/watch?v=8iPJPaqCgLQ

This dude's short-term TA and predictions have been spot on for the last week or so, using Elliot counts. He's predicting $4,400-$5,200, and there might be an update from there.

>>7524398
get ripple faggot, bitcoin is dead

>>7524633
You guys said this will go up and all talk about dropping price is just FUD. YOU LIED TO ME /biz/. AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>7524664
>trusting /biz/.
Kek

stop fudding you fucking kikes

>>7524664
>/biz fags hate ripple and bch
>ripple and bch have been the only profitable coins now this month

don't listen to biz fags, most of them are shills

>>7524664
>taking serious financial advice from 4chan
You deserve everything you get

>>7524753
>>7524702
P-p-pls no bully. I already feel dead inside. Don't add anymore to my misery.

>>7524796
I can tell you're going to have a hard time in life; time to grow up

>>7524796
jokes aside, if you really did buy at 8,900, consider taking a 5% loss and buying in lower. You could easily make a profit on the rebound/buying lower.

>>7524398
It's very accurate.

Each of those candles you circled would be interpreted differently by TA because they have different shadow length and position and happened in different contexts.

You can't just look at a candlestick chart, find another one that has a similar body (only the body is similar, not the shadow) and extrapolate that the same thing will happen.

But I guess you already know this and are just trolling.

>>7524398

BTC's still holding its ground. OP's full of shit. We'll break 9k before the weekends ends.

>>7524943
Promise me that's true. Pls don't get my hopes up only for it to be quashed later.

>>7524398
You're a retard.

>>7525010
Why are you people so mean to me? I'm already losing money.
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>7525108
>trusting /biz/ on financial advice
AHAHAHAHAHHA
Look at this faggot. Look at this faggot and laugh. BTC is going to go down OP, tough luck.

>>7524873
>>7524796
> He took the advice again
> yeah he sold
> pump it

Bull run is in March anon. Expect BTC to swing up and down until then.

>>7525328
Haha, yea, this is something to also be aware of. Right 9/10 times, wrong once and you're fucked. Hedge your bets and be safe out there, anons.

>>7525108
Buy high sell low anon, dont mind the haters

>>7524398
do you even TA?

>>7525628
forgot pic cause i'm stoned as shit, fuck you.

>>7525662
>>7524398
Already shorted this fags. Good luck holding the bag for me.

>>7525840
holding is what i do best man, cheers on the gains

>>7525662
You don't need two names for those patterns, they're just hammer and upsidedown hammer (or bearish and bullish hammer if you like)

Anyway I have a buy order set at $6k
Will I get fucked?
Is it going to 4k for a long while or only a little?

>>7525898
>holding is what i do best man
And that's why you'll get fucked. TAs and fundamentals already point to this crashing.

>>7525950
so this is like the 5th crash? yawn.

>>7525987
>still trying to act tough even with his losses.
This is only the 2nd time. Take a look at the weekly and monthly, first crash was during the years 2014-2015. Recent crash started during January.

If you think this is only going to get up, then please leverage and go long with 50x-100x. I'm sure you can display your winning portfolio here like what I did.

Until then, you're all talk nigger.

>>7526064
>If you think this is only going to get up, then please leverage and go long with 50x-100x
yeah and get liquidated at the first 0.1% downswing.
you're not too smart are you. we get it, you sold at 6k and are now crying IRL everyday but that doesn't mean you have to keep shitposting

>>7524737
The fucking mean isn't there you dumb shit

>>7526189
>what is shorting?
>still hasn't shown his portfolio
LMAO. Here's my recent gains. It's now up 6.58%. Keep talking nigger. It's clear you have nothing to back up your shit. You talk big but you are a loser and a small man in reality

>>7526250
Ouch.

>>7526250
I'm not even the person you were talking with you moron, you'd notice this if your eyes weren't so clouded with tears and you looked at the IDs.
Why are you so aggressive? Are you suffering from an inferiority complex? Did your mother not love you? That's extremely sad.

>>7526250
man these numbers on your screen really are tied to your personality huh? sad.

can't be arsed to take you seriously on from this point, may we race eachother in lamboland someday anon

>>7526356
I replied to you the same as I replied to him because you are an asshat nigger like him. And like all asshat niggers who like to talk big, you need to be put down in your place where you belong. Reap what you sow bitch! Like him, you talk big but have nothing to back it up so keep yapping little man.

Now up 9%. Where's your portfolio bitch? I thought you made a killing because you held onto your memecoins? Or are you going to sidestep again when I call you out and act like a little bitch again whining and moaning how mean I am to you?

>>7524398
Nah we bull market now

>>7526443
You're going to make him cry anon.

>>7526443
return = ~10% of a 0.3 btc portfolio

all that smack and you only have 2.5k in this shortsighted way of trading?

>>7525950
No they dont you have no clue what you are talking about, you probably dont even know what TA means

>>7526522
forgot pic

i told u retards to tether up 2 hours ago

>>7526533
zero fucking clue.

old pic, can't be arsed to make a new one
peaked at 23.5 in januari and down to 10k now
sitting this one out as i already took out my investment out over 3 times

>>7526580
>muh elliot waves

>>7526522
>>7526541
>still no gains
>all talk keeps yapping
Gains are gains. And whether you like it or not, I'm shorting this for the long-term, not short term like you who has no patience when to enter the market and when to exit. By the way, 0.3btc is the present gain, and that is 10% of my total portfolio. That means if I gain 100%, I get 3btc. If you knew math, you would already know this but we all know you're an idiot who only knows talking.

Like most white nerds who can only talk smack on the internet, you like talking big but have nothing to show for it. Like I said, you're a bitch.

>>7524398
Crypto never closes u stockfag

>>7524398
WE'RE GOING DOWN, MATES. ABANDON SHIP! ABANDON SHIP! RELEASE THE WOJAKS!

>>7526670
nigga im black and i posted

>>7524398
https://youtu.be/Jht4uRJuUW0

>>7524398
Obvious fishing for FUD. So I say what you actually are posting for : you bought about a fifth of fuck all ETH because you believe in the cringepepe.png flippening of ETH/BTC. You probably also think BCASH is satoshi s true vision of Bitcoin but that's besides the point. Threads like this gain a lot of traction from newfags who are way to late to this game but want to feel good about their failure by making these threads. The actual you wanted to post is: you are all fucked and I (YOU) am a cunt

>>7526670
>I'm shorting this for the long-term, not short term
Then why did you not open the short at 19k

>>7526658
muh 4k up on you

>>7526700
So you’re saying that OP is actually better off than coiners? This post makes no sense

yes please sell now right before it tries to break 9k resistance again, expecting it to lose another 50%.

>>7526670 >>7526356
man it got quiet in here all of a sudden.

>>7526851
That's probably because you only know how to talk but have nothing to show for it. Kek.

>>7526670
>By the way, 0.3btc is the present gain, and that is 10% of my total portfolio. That means if I gain 100%, I get 3btc. If you knew math, you would already know this but we all know you're an idiot who only knows talking.

Its funny because you act like youre not retarded when you objectively are.

100% gains on .3 BTC = .6 BTC, not 3BTC you slimy bottom dwelling poor fag

>>7526914
i just fucking posted a pic i made for the taxman of my portfolio you blind nigger

>>7526927
10% of 3btc is .3 anon.

3 * .10 = .3

Simple math, he's right.

>>7526941
I'm the OP. Look at the ID's, are you so teary eyed from all the trashtalking here that you couldn't even see who you're talking to?

>>7526979
"you have nothing to show for"

>points out my portfolio is already posted in a previous post

" i'm the op hur durr"

wat? i'm way to baked to be talking to a broken person

I wonder how all the HODLers are feeling now?

>>7526250
>>7526443
Good job on the gains bro.

>>7527052
I was clearly joking and emulating what he said to you. Jesus Christ, why are you so triggered? Maybe he does have a point. Maybe you really are just all talk if he struck a nerve saying those things. Are you all talk anon?

>>7527093
no nerves were struck anon, i was to baked to realise it was a joke so i responded naturally kek

>>7527126
Now that the dust has been settled and things have cleared up, will BTC go up or down? How fucked are we in all of this?

It's gonna fall and bounce off 6400. This dead cat still has 3 lives.

>>7526580
pajeet detected

>>7527194
i stopped doing TA for a while now, hence i hold.

i would have to take a look at the charts myself and take at least 20 minutes before i could give any good advice

since i stopped analyzing the market (because it was consuming all of my time to the point my social life was affected) i have no idea.

i'm Bullish towards March, from then on i could get back into TA and calculate my next steps, but since i want to spend no more time reading charts i'll just take out half at that point and look back once a few months.

it's been lots of years of practise but i started with real fiat in november (as seen on my portfolio)

tl;dr - bullish towards march, no idea where it will swing to this time

>>7527308
forgot to mention i already took out my investment with a nice bonus, after march i'll only be holding

>>7527308
>bullish towards march, no idea where it will swing to this time
So coin toss? How is this any different from blindly choosing A and B and hoping for the best?

Anyway, I understand why you don't care at this point. You've already made gains and honestly don't give a damn if it goes down because you've already made bank.

>>7524586
Holy shit didn't expected to see this guy here. He's accurate as fuck

>>7524398
>long position
All margin traders should and WILL become bankrupt.
Treat the market like a casino, get the results of a casino, i.e. lose everything like you deserve.

>>7527401
If on march 1st my portfolio isn't worth over 20k i'll hold everything untill december and see from then what i'll do.

If it's over 20k, i'll take out another 75% to live on and i'll just hold the rest and see where it's at in december.

it's way less stresfull this way, slow and steady.

>>7527468
P-p-pls no bully. Don't remind me of my failures

>>7527481
Also forgot to mention this isn't my only source of income, so i'll manage if it goes to 0.

Putting myself in a laid back position on all this took away so much stress anon, i highly recommend working on such a position.

Not caring about what the numbers on the screen says is a release

Apparently everyone forgot how to make money trading alts so now the thing is trying to make 5-10% on BTC trades.

You guys are literally trying to kill crypto.

By you guys I mean EU.

>>7524398
Yup. It's all over. See ya @ 3K bruh.

>>7524398
You're just typical biz no coiner, who never bought the dip. KYS loser

>>7524398
why are all the bright green ID's in this thread all retarded? i think you're onto something in this thread OP! it's some kind of sensor.

>>7524398

http://fortune.com/2018/02/06/bitcoin-price-cftc-sec-cryptocurrency-hearing/
https://www.ccn.com/european-banks-soon-hold-bitcoin-admits-ecb-president/


>“We owe it to this new generation to respect their enthusiasm for virtual currencies, with a thoughtful and balanced response, and not a dismissive one,”
- J. Christopher Giancarlo, Chairman of the Commodity Futures Trading Commission

>“I hope people pursue it vigorously,”
- Jay Clayton, Chairman of the SEC. Appointed by President Donald Trump

>"The crypto market could be worth $20 trillion by 2020"
- Senator Mark Warner, the wealthiest US Senator as of 2012 and a pioneer in cellphone technology

>"However, recent developments, such as the listing of Bitcoin futures contracts by US exchanges, could lead European banks too to hold positions in Bitcoin, and therefore we will certainly look at that."
- Mario Draghi, President of the European Central Bank

And 1 day before all of this, some /biz/fag claiming to work for Deutsche Bank was saying that they were starting to buy BTC/ETH using non-client funds.

It would take a special kind of retard to believe we didn't reach absolute bottom the moment the Senate hearing took place. No matter what you think your meme lines are trying to tell you.

gj retards who didnt tether or usd, youre down 600 since this thread started. genius ta

>>7524737
>actual brainlet
>most likely to post future wojaks

I follow boxes emotions. Whenever they get greedy, j get scared and sell, and whenever there are pink wojac, I start to get greedy.

If you didn't see the obvious 9k sell wall then I feel bad for you, stop taking advice from biz and always do the opposite of what these 15-17 year old anons post

>>7527788
>Black woman with a flat ass
How? What timeline is this?

>>7524398
I posted this pic around Tuesday. Why didn't you listen OP? You've been had by emotional idiots who have an obvious bias in seeing bitcoin up.

>>7524943
you don't know nobody really knows what it will do
there is TA but theres other variables in play
TA can only give u an indicator for what points are possible for breaking out of the trend
Its not like some fucking crystal ball
Most people here are either fudder or shills and then there's the fanboys with confirmation bias
>I bought this coin therefor its the best coin and will moon

Here is my take on the situation (not advice)
Its bouncing of the 50Day MA which is good, because yesterday it struggled to get past it
It broke out of the bearflag after meeting the harsh resistance(red line) which forced it to fall down again.

It looks like its gonna dip ,especially once it drops past the 50day moving average (blueline)
Not to mention that the MACD is on the verge of flipping over like 2 dolphins in a pool

So take cover get some liquid funds ready to buy the dip
I hope that the dip will be irresistible like a blue eye devil woman on shrilanka beach showing open bobs to my friend pravik and me

>>7526676
he means the candle u fag

Here, I don't usually share my TA, but I just got to you help you noobs out. This is one of the easiest recognizable patterns.

> You are the Blockchain experiencing itself.
https://www.youtube.com/watch?v=loCKqliJy-Y

This place is full of morons.

Bear track is still intact. Set your buy orders between 4-5k. Don't be retarded and buy into this rise.

Classic tetxtbook head and shoulder pattern, we are no currently on the comedown from the "pullback" last chance to sell, its abt to crack down

>>7524737
you're retarded

>>7526064
>50x-100x

>>7524586
>>7527420

>>7531149

>>7524737
Use logarithmic not linear you dumb shit

>>7531190
>the candle needs to close in a specific spot for the price to be valid
imagine being this retarded

>>7530940
We're still above all the MAs? Then we're pretty likely to head down still

>>7527468
>bankroll management

Durrrrrrrrrrrrrrr vat is diz a gain?

>>7524398
JUST BROKE $9000 IN KOREA

Sage
>>7531990

>>7532390
you're a retard