/biz/ - Business & Finance

[Anonymous No.16307005]

>$8100

aaaannnnd we're back. good job holding in there friends.

[Anonymous No.16307075]

>>16307005
Soon golden reversal that will leave bears behind forever

[Anonymous No.16307086]

>>16307075
no, it will leave bulls bagholding forever

[Anonymous No.16307099]

>>16307086
Sure... hint: think from miners perspective

[Anonymous No.16307104]

It wont hold, better short now

[Anonymous No.16307140]

>>16307099
Miners can't do shit.

[Anonymous No.16307171]

>>16307104

>1 minute chart

[Anonymous No.16307199]

>hold onto buttcoin for a year
>Rubber band between 7 and 9k
>Could have easily turned 7k into 10k in the same span of time in the stock market with safe Boomer stocks
>Could have doubled it playing options
>Instead make 0 return and lose 4% to inflation
Crypto is dead guys. Come to terms and start making money

[Anonymous No.16307219]

>>16307199

stock market could have just as easily tanked. like it probably will in the next year or so anyway. and go play with options, no one's stopping you. you'll probably lose everything but at least it's not buttcorn right?

[Anonymous No.16307234]

>>16307005
phew, dodged a bullet there!

[Anonymous No.16307404]

>>16307219
>Muh market crash
Just don't sell and buy non meme stocks and you stand to win long term. Meanwhile your money is literally evaporating to inflation while a whale makes billions off Bitcoin options.

[Anonymous No.16307446]

>>16307219
People realize there are low market cap stocks right?

[Anonymous No.16307476]

>>16307404
I'll buy at the next recession. We're overdue for one.

[Anonymous No.16307480]

>>16307005
Wait for it

[Anonymous No.16307959]

>>16307404

>dude just pick the right stocks lmao

[Anonymous No.16308001]

>>16307959
I didn't say pick the right stocks. I said don't pick meme stocks. Literally just buy an index tracking etf and keep throwing money at it when it goes down. You'll make more long term then waiting on crypto to finally do something.
Look at it this way. The Chinese government is interested in crypto and mining while the us stock exchanges allow for futures. So what you've got is China fucking you on mining fees and the whales making bank off of the up and down while you sit actively losing money to inflation. Bitcoin was good because it was not joined to the market. Now it goes down with the market and down on it's own. The ride is done.

[Anonymous No.16308042]

>>16307099
Fuck miners, queers the lot of them. They could have easily rallied and turned this bear market around if they wanted to.

[Anonymous No.16308087]

Yeah im thinkin were back

[Anonymous No.16308244]

>>16308001

>bitcoin is surely dead this time

i don't disagree about throwing money into index tracking etfs, you'll probably win if you do it over 30-40 years. maybe. who knows what will happen in that time frame. or how many hundreds of trillions of dollars will be printed over that time frame.

[Schiff Will Win !!L6zziHG8/KZ No.16308260]

>>16307099
>miners
You mean china because they own all them miners right? China will tank this shit, trump said no trade deal until BTC is dropped off a cliff

[Anonymous No.16308316]

>>16308244
It's not maybe. Literally go back 90 years and follow that strategy and you win. People lost moneyv in the market because they panic sell at the bottom. Take your iron hands from the wild swings of crypto and take it to a long term sure win.

[Anonymous No.16308610]

>>16307005
Except it's literally crashing again

[Anonymous No.16308655]

>>16308260
It’s a bit of a double edged sword: chinks want to smuggle their money out but their government only wants them to use the smuggled money to buy strategic assets. Who will win?