/biz/ - Business & Finance

fuck you faggot OP. DYOR. KYS.

Because the entire crypto space is tanking. It will continue to fall until demand outpaces supply, which may take a while. What's worrying is Consensus is coming up and so many were expecting a pump... if people are SELLING prior to Consensus then things do not bode well, and an acceleration of the dump may occur then which will honestly be a deathblow.

>>9372767
>Why is ethereum falling so much
because it's a russian scam
>what will happen next
ethereum will dump even harder

fuck it about to empty my bank account to buy more and put 7K in.

>>9372767
b/c the flippining is just speculation in a highly spec

>>9372804
Not all at once dummy. Keep some USD in reserve to buy dips, whether those are higher or lower than where we are now.

its relatively healthy compared to the rest

almost -20% on the other shitcoins

>>9372767
It will explode and little Vitalis will crawl out of it.

>>9372788
>What's worrying is Consensus is coming up and so many were expecting a pump... if people are SELLING prior to Consensus then things do not bode well, and an acceleration of the dump may occur then which will honestly be a deathblow.

That's the part I don't really understand. I thought there was a lot of good news and renewed hope right around the corner.

>>9372871
This market is manipulated to survive on it's last few breaths

So obvious when we went for 10k and some new investors got in then it declined

Why am I still in this market .. I don't know
I was just up again on my investment last week but...it wasn't enough I didn't sell

Now I'm breaking even.... ffs

This whole space is a trap, ppl never get out I'm time. Rather because they have to

>>9372972
Yeah this is shit. Entirely unpredictable as I see it. Unless there is some magic to be found in charts or expecting pumps due to promising information or acquisitions. Wish I sold at 820 then watched it for a while to see how much lower it would go. But instead I held, shit, I was I the bathroom at my job watching.

>>9372972
Welcome to the trading game. The only one play are big fish and people loosing there money.

>>9372782
Fuck man I'm trying. Is it bad to ask for a lead yeesh?

Is it all just speculation and manipulation? I mean aren't there obvious "buy signs" for any stock? And if it's going to dip shouldn't I be able to see it coming and sell, is that chart analysis or just luck? I'm just here to make money. I can only do so much with the information I have. The rest seems to be instinct and intuition unless I'm an insider.

>>9373423
Read 'Flashboys' if you want to know how the big boys operate. You will never see it coming, because you are being manipulated every step of the way to do exactly what they want you to do. Never, ever forget that retail investors like us are the prey.

>>9372767
It's just the Chinese new years, don't think too much about it. Happens every year

>>9372767
>Why is ethereum falling so much
panic
>and what will happen next?
$1400

>>9373506

>>9372800
How did one of you imbeciles survive 2016 without an hero?

>>9372767
Next it will pump again. If you’re not a day trader nothing to worry about. Ether is not going anywhere just forget about it for a few months and come back for gains

In a real market, alts would not lose against a falling btc. That's the most obvious sign that we are getting scammed.

>>9373506
People are just cashing out for taxes, everything's fine

>>9373714
Honestly that's what I plan to do, I'm new to all of this really. Day trading has been something I want to get into as well, I've been learning but I need a pc or laptop to be really effective I believe.

fuck. This is actually it. Bear market 2018 2019. Bull run 2020 when link hits 1k and eth hits 10k fucking shit. Fuck FUCK.

>>9372800
This. It's also being replaced by much superior competitors.

>>9373987
Everything is taking right now. It's a generalized market crash, not ETH getting BTFO by EOS or whatever.

>>9372767
Is anyone else getting really impatient about these constant drops and are only going to cash out when they make their money back? I'm sick of this shit and just want the original amount I put in to virtual coins back out so I can actually buy something half useful like a new car.

>>9373987
You take memes too seriously

>>9374038
How long have you been holding? If it's less than a month or two then you are far too impatient for even crypto (let alone something like stock) and are better off buying lottery tickets.

Just HODL for a year or two.

>>9373485
Definitely sounds interesting, I'll give it a read.

>>9374051
I've been holding for nearly a year now. Big victim of the massive dip back at the start of this year. I started to get greedy and wanted more and more when all the coins were on an upwards spiral and now I regret it.

>>9374197
I know the feeling. I bought in a bit more than I should have, but at some point told myself "no more, that's enough" even though things continued to rise. I'm glad I did that. Gotta do your best to ensure you really don't invest more than you can afford to lose, even during (seemingly) bullish times.

>>9373987
>by much superior competitors.
Such as?
You faggots love to meme on Ethereum and that there are better options, but they never exist. It's all in whitepapers or in some vague blogs with no implementation.

ETH has the fastest development and is actually getting shit done. Every other shitcoin that plans to overturn ETH is at the end of the day, a shitcoin with no progress or a token of ETH itself.

32ETH, boys.

>>9372871
>He thinks news moves the market.

Nothing caused this, except whales. That's all. There's no "reasons" or "good news" or whatever. It's all shit. The thing is, it's predictable. You see fomo & a big pump, you stop buying and just get ready to short. Same going the other way too.

>>9375034
280 here

>>9372767
as a dapp developer, eth is useless. Can't do anything more than icos and ponzis. EOS will power all the dapps in 1 year.

>>9376717

EOS is trash

ADA is the only thing that ever has the potential to overthrow ETH

i have 1eth, am i gonna make it

>>9375391
I see. So this is a pretty consistent pattern?

>>9376717
ETH is still in development. By eoy it will have all of its issues worked out.