/biz/ - Business & Finance

[Anonymous No.13862656]

Bobo here with some straight talk, not shitposting. Do you bulls really understand what is going to happen if we go full parabolic past 10k? We NEED to pull back now for a healthy correction. I am not saying that for the bears, I am saying that for you bulls. I don't want crypto to die, but if we keep doing this, the crash that will come might actually just kill it.

You are recreating the 20k bubble and its going to be worse this time because there was no healthy build up. Head my words.

[Anonymous No.13862672]

It is correcting back to 20k
Fiat will correct to 0

[Anonymous No.13862688]

>>13862656
Relax, we're not even past 10k. And have a look at the sort/long ratio. They bomb it back down to 6k and there's that

[Anonymous No.13862692]

>>13862656
Stfu bobo, we wuz tulip bubble

[Anonymous No.13862700]

>implying we decide something

[Anonymous No.13862701]

>>13862656
I agree, I am a bull atm and I think we're over due. Goes up violently, goes down violently and we saw this during the great bull run

[Anonymous No.13862720]

>>13862656
You need to consider that markets don't need to do anything

[Anonymous No.13862726]

>>13862656
lol bobos are now at the point of bargaining.
i think you guys gonna get to acceptance when its over 12k

[Anonymous No.13862743]

>>13862700
You decide whether you take profit or lose everything in the crash.

[Anonymous No.13862879]

>>13862656
Head my words

[Anonymous No.13862890]

>>13862692
we still are

[Anonymous No.13863200]

>>13862656
fuck off bobo you had 2 years to accumulate
go back to cave

[Anonymous No.13863245]

>>13862656
literally everything you said was wrong. because everything bears have said for the past 2 months has been wrong.

[Anonymous No.13863263]

>>13863245
Your tune will change when the market drops to new lows very soon

[Anonymous No.13863289]

>>13862726
This

[Anonymous No.13863407]

(8750-3250)*0.80 = 4400, therefore

4350 is the expected correction price level from here for typical violations of the parabolic, a -49% decline

[Anonymous No.13863456]

>>13863245
The TA is never wrong, it can be delayed a little though.

[Anonymous No.13863481]

>>13862656

The 9000 meme is stronger than you think and the community is still debating whether Bitcoin is over 9000.

[Anonymous No.13863559]

>>13863481
Imagine betting on being the last man to run out of the burning building

[Anonymous No.13863917]

>>13863559

Just like whether the person who announces "Elvis Presley has left the building" is inside or outside the building.

[Anonymous No.13863952]

>>13862656
It's better to let a drunk who wont listen to your warnings drink himself to death than it is to babysit him indefinitely.

[Anonymous No.13863960]

We will get a 30% drop and that's that. Happens every bull cycle many times. If it drops to 6500 go all in

[Anonymous No.13864054]

>>13862656
in the end only fiat will get killed. i will buy every bitcoin before it gets to 0

[Anonymous No.13864055]

This is why you bears are fucking retarded, 30 dollar litecoin? Which one of you retards sold me those. Litecoins real value is 5k, if youre selling below that you dun fucking goofd.

[Anonymous No.13864069]

>>13863263
The market dropped to 7200 and didnt even come close to testing 7k, its never going below 7k again, you lost. You lost you lost you lost, you will never see 3k, you fucked up, you didnt buy at the right time.

[Anonymous No.13864122]

>>13864069
>to 7200 and didnt even come close to testing 7k, its never going below 7k again, you lost. You lost you lost you lost, you will never see 3k, you fucked up, you didnt buy at the right time.
no it actaully did
it went to 6400
how i know? i sold at that point because my stop loss but it went back up to 7200 in 5 min.

[Anonymous No.13864242]

>>13864122
No. Youre fucking retarded.

[Anonymous No.13864362]

>>13864055
Lite coin is a terrible buy...you might as well just buy BTC. Just because LTC is going up doesn’t mean it’s worth that. It’s a test net for Btc...so just buy BTC or if you want to gamble buy another shitcoins.

[Anonymous No.13864516]

>>13862672
>It is correcting back to 20k
This
You can start talking about coreections at 50k

[Anonymous No.13864563]

>>13864362
>It’s a test net for Btc
>so just buy BTC
Imagine being this retarded. I wouldnt bother explaining the differences beyond the communist bullshit you eat up portrayed as crypto news. You dont deserve to make it, you dont deserve to reproduce if you bought into the "muh testnet!" use case.

When I go to the ATM and I dont want to spend 5 dollars to spend 5 dollars to spend 5 more dollars to get my mangled bitcoin into a different currency in its own wallet, I dont think "Hmm, Ill buy the testnet instead"

When I go to send currency off an exchange, dont want to wait a literal WEEK for the transaction and dont want to pay 20$ at 40k Bitcoin, but instead 40 cents for Litecoin, I wont be saying "Hmm, better switch to the testnet to get my money off the exchange"

Bitcoin has literally no purpose at all that hasnt been replaced by better coins. Bitcoin is the normie testnet for Litecoin, normies buy Bitcoin before they realize they are being FUCKED IN THE ASS and then switch to Litecoin, which is also sold in the exact same ATMs and will also be sold on stock markets for retirement funds thanks to TD Ameritrade, in like a month.

You will stay poor and I will relish it.

[Anonymous No.13864810]

>>13864242
this is one of the many posts i've seen on /biz/ today that tells me that dumb money has entered the market

[Anonymous No.13864847]

>>13863960

that seems too easy. then again buying and holding until infinity also seems too easy. i thought the market was supposed to go in the direction of maximum wreckage, but it just seems like everyone is making money. too easy. something's got to give.

[Anonymous No.13864865]

>>13864810
Ive been accumulating since 12k on the way up and all the way down. I didnt sell shit, its a planned strategy to mitigate risk because when I initially entered the market I knew nothing about trends. I recognized I had no experience and planned to account for that. If the market goes up, guess what, I bought lower. If it goes down, guess what, Ill buy that too.. and then it will go up, its a very long term strategy.
Yes, I miss out on the sells and rebuys increasing my stack.. but I wont lose anything, ever, and thats all you need to do to make it as long as youre willing to buy a few grand worth at 30 dollars. I will make it.
That test is indicative that people are bullish, it was a very bullish sign that it recovered... then it crabbed, and then it rallied again. Its a mixed crab/bull market, bears time is over.

[Anonymous No.13864882]

>>13862656
tell that to the mafia kiddo

[Anonymous No.13864903]

>>13863960
God I wish it would go to 6.5k. Most feel the same, so it will never go to 6.5k.

[Anonymous No.13864947]

Oh no! The useless shitcoin market might die?!? What a tragedy!

[Anonymous No.13865073]

>>13864947
Nocoiners are hilarious. Go buy 10 Litecoin and you might not kill yourself in 10 years.

[Anonymous No.13865137]

Five months of nothing but green dildos and the bears still think we're in a bear market. You are the same people who were hoping for a recovery mid-2018.

[Anonymous No.13865506]

>>13865137
We are still in a bear market until we confirm a retest of the bottom. That never happened and we can never truly be in a bull until it does.

[Anonymous No.13865528]

>>13862656

[Anonymous No.13865667]

>>13865506
Could you back this up with some illustrations for my low IQ?

[Anonymous No.13866265]

>>13865506
im pretty sure we broke that trend yesterday

[Anonymous No.13866424]

markets can be irrational way longer than you solvent
I've learnt it hard way