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/biz/ - Business & Finance

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15751430 No.15751430 [Reply] [Original]

cuz we are literally fukkt if bitcoin doesn't recover by the end of october. not just bitcoin but all coins are fucked. the situation is of mass gravity.

>> No.15751450

>>15751430
The main problem with Bitcoin is that it is stabilizing long-term. We can argue whether it's going to stabilize downwards or upwards even to something like 80k. But given the amount of time it's going to take and how gradually that is going to happen, the chances to make massive profits without investing a shitton of capital are long gone.

>> No.15751455

>>15751430
We all gonna die, mon, don't be in a hurry

>> No.15751472

>>15751450
BTC could do x8 say in 2023. That's 4 years from now for a x8. You'd need 20k to invest to make 160k pre-taxes. How many biz-tards feel comfortable about putting 20k into something and letting it sit for half a decade and hope it turns out into a x8? Don't get me wrong those are excellent returns, but you need capital to play with. If you start with 5k that would only be 40k, that's not even a good car.

>> No.15751509
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15751509

>>15751430
who gives a fuck. my entire life is dependent on how much debt I can get with my wage slavery anyway

>> No.15751545

>>15751450
>>15751472
accurate and blackpilled
It'll probably move enough to greatly outperform traditional assets, but that'll Still not be enough to make a difference.
pure, uncut suifuel.

>> No.15751571

>>15751472
>How many biz-tards feel comfortable about putting 20k into something and letting it sit for half a decade and hope it turns out into a x8?
Reporting in - going to be doing that as of October when I can draw it out of my company without getting fucked by taxes

I made a thread about this earlier today but it died. Would you rather put your money in BTC for a very likely ~x8, or would you rather go in alts and run the risk of being here in 5 years lamenting your heavy bags?

>> No.15751584

>>15751472

now i feel depressed, like real depressed.
had like 57x roi AFTER like 6 MONTHS, and it was $400k.
0 was cashed out.

>> No.15751596

>>15751472
btc did a 40x in 2017 while losing 50% market share.
Crypto market cap will 1000x by 2023 or it will disappear.

>> No.15751601

>>15751430
>cuz we are literally fukkt if bitcoin doesn't recover by the end of 2021. not just bitcoin but all coins are fucked. the situation is of mass gravity.
fixed it for you. Calm down everyone BTC is still 2x my buy in this year

>> No.15751635

>>15751596
crypto is staying bro
https://www.theblockcrypto.com/linked/41154/venezuelas-central-bank-is-exploring-the-addition-of-bitcoin-and-ether-to-its-reserves

>> No.15751654

>>15751635
no shit

>> No.15751659

As we just witnessed, btc can never sustain a rally. As soon as it starts to pump, there are mass sell offs , because most ppl aren’t holding , they are looking for a quick flip. There’s no long term holders or investors interested in this shit, it’s just day traders from 3rd world countries looking to escape poverty

>> No.15751675

>>15751659
most of BTC holders hold long term.

>> No.15751683

>>15751659
This is short sighted

>> No.15751697

>>15751430
Pump the meme to delist "stable coins". There is nothing " cryptocurrency" about stable coins.

If all you need to do is shift money into labeled accounts using labeled transactions for users it should be delisted. <---- pump pump pump away /biz/!

>> No.15751727
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15751727

>>15751659
>btc can never sustain a rally
what did he mean by this

>> No.15751736

>>15751697
But muh tether

>> No.15751782

>>15751736
Either hope on the bitcoin boat or sink with the tether fiat trade bots.

Stable coins are not crypto.

>> No.15751787

>>15751782
*hop on*

>> No.15751794

I think it´s time for everyone to move over to Tezos. It´s the superior option. You can vote on protocol updates.

>> No.15751858

>>15751794
I sold at 11, and will buy back at mining cost, value around 3k

>> No.15751878

>>15751430

Please, for your own good, don't be one of the retsrds the believe in prophecies or anything predicted here. Be smart. Be yourself.

>> No.15751901

>>15751472
>How many biz-tards feel comfortable about putting 20k into something and letting it sit for half a decade and hope it turns out into a x8?
present, long term gains are always more comfy and profitable, whats an honest time frame/price for the trough and peak? I'd bet it in a second