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/biz/ - Business & Finance


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11324129 No.11324129 [Reply] [Original]

Supposedly all the professional traders and market makers are protecting their capital and are not buying... So my question is why don't they just start buying?

>> No.11324136

>>11324129
Because rich people generally didn’t get rich by being stupid.

>> No.11324171

>>11324136
But why is it stupid? What are they waiting on? If they aren't buying or selling then what exactly is it they're afraid of

>> No.11324203

>>11324129
I think you don't understand what market making is.

>> No.11324229

>>11324171
They are waiting until enough normies buy in at 6500 thinking it's the bottom. Once all the money is displaced, a coordinated dump occurs and btc will plummet, taking every non-whale with it.

>> No.11324260

>>11324203
This.

>> No.11324704

>>11324229
It's actually the opposite. People will follow the trend and sell, so it will go up.

>> No.11324740
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11324740

>asset goes up 30,000% in five years
>corrects merely 75% over the span of a year
>/biz/ thinks its the bottom

my fucking sides

>> No.11324781

>>11324229
Nah they need a pump too before that to take more normies money

>> No.11324854

You're a BTC whale. A market maker.
You think the 20 years of cheap miney is comjng to an end within 2 years.
What do you do?
Try to squeeze out one more pump? Or distribute as much as possible and let nature take it's course...

>> No.11324868

>>11324740

Yeah fucking stupid permabull faggots. We still have another -29,000% until the bottom

>> No.11324883

Waiting for the tech thats supposed to change the world have a single proven use case besides the drug market. What a shame gvt and fun fell apart from kyc or that might have happened

>> No.11325766

>>11324868
i kek'd