/biz/ - Business & Finance

[Anonymous No.10067608]

People are saying that this bear market will continue for at least another year or even 2 fucing years.

Are they right?

[Anonymous No.10067756]

6 months minimum. 1 year maximum

[Anonymous No.10067831]

We're far too down for a quick recover. Maybe by december we can be at late february levels again. For now it will sideways or go lower. This weekend is crucial, we will test how the 6k-5.9k support is (very fragile in my opinion).
Buy coins that are good, most of them are pretty cheap anyways, and find something else to do with your life in the meantime. We will be back. But it will take several months.

[Anonymous No.10067854]

>>10067608
They say that because "historically" that's how long the 2014 bear market lasted.

None of the other bearish periods lasted anything like that long.

It's just speculation, nobody has a clue.

[Anonymous No.10067857]

No, they're just idiots, the same breed as the morons who thought btc was going to 50k back in January .

[Anonymous No.10067872]

>>10067608
Keep reminding yourself. Huobi and Coinbase both released their institutional funds at the same time.

Why would the most powerful and most informed exchanges on earth release funds ETF and index funds at the same time?

You think they just finally got around to it? At the same time?

Remember.

They have to disclose profit and loss because ETFs and index funds are lawfully regulated.

They would never release their new institutional products/investment vehicles if they didn't think this was the bottom.

They want to tell banks they made 300% profit in 2 months.

But even Huobi took a massive loss last week... Why?

Because they know the bounce is near.
–from a trader

[Anonymous No.10067893]

>>10067608
its irrelevant
you cant time the market
keep buying if you believe in crypto
stop if you dont
buy more when price goes down, buy less when price goes up, or just buy a set amount at set dates. the latter applies if youre autistic

[Anonymous No.10068144]

>>10067872
>–from a trader

[Anonymous No.10068232]

>>10067872
>–from a trader
t. a speculative trader talking like he thinks he knows what's going on, but, in reality, is disillusioned to believe that a bounce is near when there is no reason to believe that other than the general sentiment among HODLers is that crypto is being oversold and we're due for a moon

[Anonymous No.10068269]

>>10067857
This. I see massive deja vu from the idiots who kept shouting "new paradigm" back in december similar to ones now going "short the market / sell the bottom".

[Anonymous No.10068296]

bears are trying so hard to break 6k , they cant do shit reversal inc

[Anonymous No.10068415]

>bears going to be on suicide watch soon. this text is green b/c bottom is in or very close.

[Anonymous No.10068819]

>>10067608
>this bear market will continue for at least another year or even 2 fucing years.

it's possible that crypto will go down and never go back up and all your money is gone. didn't you even think about that when you "invested"?

[Anonymous No.10068834]

>>10067608
more like 4 years and then there's a small percentage chance there could be a bull run but in all likelihood there wont ever be

[Anonymous No.10068836]

>>10067608
I ducking hope so... BUY BUY BUY. It’s all for sell. Bad times now for greater times for the rest of your life anon

[Anonymous No.10068863]

>>10067608
heh kid your in for a wild ride

[Anonymous No.10069437]

No because no one knows. They say that because it took 3 years from the 2017 bullrun so they think it will be similar. Any predictions are pointless because the market is way too irrational