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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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17813915 No.17813915 [Reply] [Original]

Today is the day where you make that decision that'll either drain whatever in your wallet or it's going to raise you to high heavens. yet so may uncertainties. The Feds pumping money, the meme virus, China coming back to track, TP crisis. Stocks rally on Friday, Crypto dip, I have no fucking idea where to put my money.
How are you doing?

>> No.17813947
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17813947

If history is any indication of our trajectory then I am expecting this week will end with a bulltrap. No crash has ever had a preceding bounce that has stayed on the bullrun. This is still a bear market. People have to remember that.

As far as the future after that, that is up for debate. I do not have faith in the federal government to be able to pull us out of this one. Interest rates are too low and the ammount of money injected in the economy right now is outstandingly high. If I was a magic 8 ball is say "out look not so good."

>> No.17813983

>>17813947
Thanks, Goofy. Chad, I think this one is easy to call: hodl if you definitely wanna live, swing if you think you can risk it.

>> No.17813984

>>17813947
We will recover. It would be different if only the us collapsed

>> No.17813985

>>17813915
waiting to buy BTC at the moment. it's on a major discount and i think at this point it's definitely here to stay as a medium of storing value long term. and especially if things go to shit everywhere it's significance could become even bigger. will buy and hold for probably a long time.

>> No.17813986

>>17813915
digits determine buys. also what in the actual fuck is und

>> No.17813991

>>17813915
This is the bottom for Kleros, but not most others. Choose wisely.

>> No.17813995

>>17813983
>>17813984
>>17813985
>>17813986

>> No.17813996

>>17813985
> used to literally be ONE DOLLAR
> major discount at $5,200

pick one, delusional moon boy

>> No.17814001

>>17813996
it's all relative. it's impossible to buy at one dollar now but 5k compared to 10k is a 2x gain. i'm perfectly fine with that and i'm not expecting a miracle. later on who knows what will happen though.

>> No.17814006

>>17813995
Ah yes. x=x, the classic input

>> No.17814016

>>17813985
I bought 1 at 3800 the other day.

>> No.17814023

>>17813985
>buying pretend money with real money
Why do people do this

>> No.17814030

>>17813947
This is the wisest post, it's not pretending to know the future.

>> No.17814034

>>17814016
good for you man, i hope it sinks a bit lower still. if the whole western world gets quarantined like it looks like it's going to be , it just might

>>17814023
real money is pretend money too, in some ways. and of course 'on paper' it seems crazy, but I'm only going to invest as much as I'm willing to lose completely. So, it's gonna be a lesson learned either way. I'm not really worried.

>> No.17814045

>>17814023
>real money

USD hasn't been "real money" ever since they stopped backing it up with gold

it's inflated shitcoin

>> No.17814051

Its funny, I told myself if BTC ever goes this low again for any reason, I would buy up big. Now its here and I'm doing nothing. Because of the threat of a years long recession and no recovery.

However, if in 3 months we're back to where we were in February, I along with many others will be cursing ourselves.

>> No.17814063
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17814063

>>17813915
It's going to pump 3-400 then dump 2k. Friday ended high, Fed will start pumping when Monday begins to make things go up even with no trading, futures look good, but it's bullshit. Everyone is going to buy in at the start thinking things will finally be okay, and then when they realize things are up only a few hundred points and not moving past that panic will set in and mass selling begins as everyone dumps all the bullshit gained Friday.

>> No.17814091

>>17813996
> AAPL used to be literally ONE DOLLAR
> Major discount at 270

Are you just new to financial assets or?

>> No.17814223

>>17814023

Explain, how is fiat any better than crypto? 600 failed fiat currencies tell us it can't work due to centralized authority always fucking up at some point.

>> No.17814230

>>17814051

Bro, put up stop buys. If it goes lower, you move the stops. If it does rocket, you only make a little bit less money.

>> No.17814959
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17814959

>>17813984
The global economy has just collapsed.
The US is heavily dependent upon international imports and exports just like everyone else. This is no longer the economics of the world war 2 era generation. The entire planet, is an interconnected college of corporations.
Inexorably determined by the immutable by laws of business. The world...is a business Mr. Beale....