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/biz/ - Business & Finance

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11232408 No.11232408 [Reply] [Original]

BEAR MARKET IS OFFICIALLY OVER! COME ON EVERYBODY, CELEBRATE GOOD TIMES, COME ON!

https://www.youtube.com/watch?v=3GwjfUFyY6M

>> No.11232415

t brainlet

>> No.11232418
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11232418

>> No.11232419

Posters that post good songs are based as fuck and are changing people's mood

Thanks

>> No.11232428
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11232428

>> No.11232430
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11232430

THIS IS THE REAL DEAL! IF YOU ARE STILL HOLDING THEN YOU HAVE MADE IT!

>> No.11232452
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11232452

>>11232419
https://www.youtube.com/watch?v=gbAPhbLKSzQ

>> No.11232466
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11232466

>>11232452

>> No.11232472

>>11232430
>>11232408
There is literally nothing preventing this from crashing right back down into that "wedge", it even happens in the very chart you posted, in better conditions.

>> No.11232476

>>11232452
If we had more guys like you biz would be a happier place

>> No.11232488

>>11232452
2019 bull run theme

>> No.11232505
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11232505

>>11232476
https://www.youtube.com/watch?v=-V46NFCtaJI

>> No.11232522

>>11232472

except the will of the market. you think the whales and the big money hoes that make this market want to help you short this shit into the ground and destroy crypto forever? fuck no. why would you ever kill the golden goose?

>> No.11232531
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11232531

https://www.youtube.com/watch?v=rJYRW_ZFiOE

>> No.11232659
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11232659

https://www.youtube.com/watch?v=KTf5j9LDObk

>> No.11232856

>>11232418

Sick twitter-tier reaction image bro, you really nailed it

>> No.11232866
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11232866

https://www.youtube.com/watch?v=HwKrgJ_CG0M

>> No.11232883
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11232883

https://www.youtube.com/watch?v=tr4O3dJcWm0

>> No.11232893

>>11232408
Look at your chart. The exact same thing happened in July. We broke out of the downtrend, went sideways for a while, and then crashed for two week straight.

This could honestly last for another year or more.

>> No.11232913

>>11232408
according to your retarded pic, the bear market also ended in mid april. what happened? fucking dumb bagholders will never learn. enjoy hodling to 4k

>> No.11232920
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11232920

https://www.youtube.com/watch?v=_swivbEsD50

>> No.11232925

>>11232913

>muh 4k

the increasingly nervous bear repeated mindlessly for the 100th time this month, having stolen the idea from bought-and-paid-for shills on tradingview in february.

>> No.11233023

>>11232913
>4k

In your dreams bobo. Its going to be hard to see you from space.

>> No.11233155

>>11232913
> 4K
OmegaKek

>> No.11233180

>>11232505
Underrated song.

>> No.11233200

>>11232408
no the first time we broke out of a trendline, not the last time, not the first time you'll get liquidated when this dumps too.

>> No.11233207

>>11232472
>>11232430
Enjoy the stop hunt, see you guys at 3k

>> No.11233256

How do you get that chart???

>> No.11233279

>>11233207

stop hunt already happened retard, and guess what: we didn't sell, and we're not going to sell to you. not at 2k, not at 4k, not at 6k and not at 20k.

>> No.11233306

>>11233279
>Everyone's stops are laying below 5.8K
>"Stop hunt already happened"
Did your mom shat you up to be this dumb?

>> No.11233337

>>11233306

>pajeet detected

let me guess, reading comprehension at 50th percentile at best in native language, 5th percentile in (any) foreign language.

admission to local technical university:
>denied

admission to jealous short term r-selected bobo shitposters on 4chan who will never, not in their wildest dreams, ever have 21 btc:
>graciously accepted

>> No.11233351

>>11233337
seems like I touched a nerve, it's okay, you'll keep your distance with leverage next time chump.

>> No.11233364

>>11233351

i own 171.34 btc, rahula.

>> No.11233417
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11233417

>>11232408
Feels good man

>> No.11233421

>>11233364
Are you by any chance try to say that the amount of BTC you hold is an indication or your trading skills?
There are people that made twice that just holding shitcoins and lost it all leveraging their trades, as there are people that x100 their less than 1 BTC accounts live on Twitch in a few weeks on Bitmex.

>> No.11233446

>>11233421

i don't fucking daytrade, idiot. i work on monthly timescales, not hourly. and i damn sure wouldn't risk my fortune to some bot like you and all the rest of the gamblers on this site do. you're not going to get my btc with any kind of dump. i've slowly accumulated from 20 to 171.34 over the last 3 years and i damn sure didn't do it playing games on bitmex.

>> No.11233495

>>11233446
>>11233421

stops are for pussies who can't see more than 3 days into the future. buying and holding and trading major moves in the market is for men.

>> No.11233661

>>11233495
Just as expected you're a monkey throwing darts at a chart that made money in the previous bull market just like everyone.
>risk management is for pussies
that's a new depth of stupidity, maybe one day you'll understand what a good trade is when you'll touch the bottom (of a bear market or of the depth of your stupidity).
I'm out.

>> No.11233667

>>11233661

stay poor, fag

>> No.11234531

>>11233667
I'm a shitty daytrader and you're a fucking retard

>> No.11234553

>>11234531

call me whatever the fuck you want, i'm fucking rich and i lose exactly zero sleep every night

>> No.11234570

>>11234553
>i'm fucking rich and i lose exactly zero sleep every night

He sleeps at night and is already rich, never going to make it.

>> No.11234685

>>11234553

Fuck that other guy.

Where do you see the market headed?

>> No.11234824

>>11234685

my personal take is that the 6k bottom is not as weak as some bears might have you believe, because all the big boys are making plenty of money with highly leveraged shorts and don't need to crash the market or "kill the golden goose" to take profits.

with that said, if we don't establish a solid bull trend by eoy 2018/q1 2019, we are in for some much more serious headwinds because the mt gox repayments will tank the market if we're still playing games around 6k or lower. so if we clear 6k and are above the 20 period ma on the weekly chart by end of year 2018 we are very happy and the mt gox supply will probably be absorbed by the market.

my personal play right now if i had a whole stack of fiat would be to put 20-25% right now below 7k, put the other 25% in on another drop to 6k (always buy the 6k until proven otherwise) and then save the other half for a real rainy day to average down.

at the first sign of a big "true capitulation" bounce anywhere below 6k (like huge volume within several days and a big rebound back up, then scale the rest of the stack in

then as always, sell a bit on the big pumps, buy it back in on the big dumps, and you'll be real happy come 2020.

>> No.11234840

>>11234824

*highly leveraged futures (shorts and longs)

>> No.11234843

>>11234685
your so desperate anon ain't u

>> No.11234924

>>11234840
The end result of that will be to keep Bitcoin pretty stready sideways for a long time though right?

>>11234824
This looks like pretty solid advice too. But damn to see BTC hit 20k by the end of 2018 would be astonishing to a point of massive gains. People will flip the fuck out. That will make the bull run of 2017 look like a blip due to the fomo at that point.

>> No.11234947

>>11234924

yeah, that's not what i mean by bull trend, i just mean steady uptrend with higher lows and mostly higher highs. enough of a trend to where the mt gox shit won't establish a new lower floor. i definitely do not expect to be at 20k by the end of the year, but this is a good thing guys. we're looking for a "stealth take off" not a rocket ship for a major direction change from red to green.

>> No.11235019

>>11234947
So basically, we are pretty safe right now to get in but if Bitcoin stays here too long then we are going to be getting massively goxed to zero.

Makes a lot of sense.

>> No.11235148

>>11235019

yeah that's a fair assessment. but my ultra long term take is that bitcoin will trend upward, regardless of headwinds. everyone here forgets that bitcoin was born out of the last recession when banks were printing funny money out of thin air to prop up "too big to fail" financial institutions, it grew up in the era of snowden and wikileaks when we were just learning about how nefarious our governments can be, it has intrinsic, fundamental value because no one can monkey with the supply or unperson you by deleting or transferring your balance, government or corporation, and no "payment processor" can deny you the right to transfer it or receive it for an arbitrary political or social reason

it's not just a chart, and as long as more and more in the world continue to see that despite the price volatility at times it's upwardly trending sound money in the truest sense, bitcoin will go up.

so just remember that in the back of your mind when TAfags are telling you it's all just a chart.

these lulls in between bubbles cleanse crypto of people who are just in it for a buck and who don't see that, and give it the philosophical foundation to rise again.

we don't hear as much about uncertainty in the world as we did in 2009-2014, but the dog days are never over and will be back again, and when they come bitcoin will be there.

>> No.11235151

>>11234824
that's neat, thanks for sharing

thing is, your strategy is good for guys with big bankroll. majority here is under 5-10k $ and because of this people have to take bigger risks for short moves in order to take more than 1-2 positions, and because of small bankroll it's much easier to manage it rather than spending hours analyzing entries/exits for 20+ projects and leaving things to work out for months

can you give any advice for guys who now have less than 1btc (0.7 here) about taking profits in long term? I've been focusing on long term (as much as this term is possible in this field) and made these 0.7 from 400$ in late December, now I'm uncertain what do because I've seen only bear market and sort of scared if I will fail to trade bull market (I guess you've heard of guys who sold 5000 ETH at 10$ who thought they are geniuses at that moment)

>> No.11235203

>>11232408
Zoom out faggot

>> No.11235212

ive never been invited to a party before !

>> No.11235281
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11235281

>>11232452

>> No.11235424
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11235424

THIS IS IT BOYS

based descending wedge never lies