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/biz/ - Business & Finance


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18310519 No.18310519 [Reply] [Original]

It wasn't supposed to pump until I got my $1200 check and went all in with it. What is happening?

>> No.18310527

>>18310519
same

>> No.18310533

>>18310519
You were frontrunned by people who know new stimulus money is about to flood the markets

>> No.18310545

>>18310519
Fuck. I think we all had the same idea. Was gonna use 400 to buy a new gpu and use rest to buy coins.

>> No.18310549
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18310549

>>18310519
Idk I think we are hitting the "back to normal" phase. Since the whole crash was directly cased by the virus and then the government's reaction if both forces go away it should recover instead of implode.

>> No.18310581

>>18310549
We're either retuning to "normal" and this is just the beginning of we're retuning back to the mean. I can't tell.

>> No.18310591

>>18310533
That money wont be used to invest by most americans

>> No.18310597

Pretty sure we are pricing in the stimulus checks.. We shall turn those 1200 checks into a mere $200.

>> No.18310601

>>18310591
This, most important is food and rent/mortgage payments then paying down the credit card. Americans don’t have savings.

>> No.18310610

Don't worry fren it's impossible for another huge dump not to happen before the end of this month i think Link will hit $1.70 at lowest.

>> No.18310614

>>18310591
>>18310601
It's not just Americans getting stimulus bucks, it's pretty much every first world nation at this point. And not everyone receiving money has lost their job, so yes it's surplus money that isn't needed for basic needs.

>> No.18310629

>>18310581
i'm willing to bet it's the mean. they would never let it crash that far.

>> No.18310662

>>18310629
Oh but they have done so before. 1918-1921, 1929-1932, 1973, 2006-2009. It would not surprise me for them to do it again.

>> No.18310671

>>18310614
I think that you are obviously confused.

>> No.18310679

>>18310519
buy during the pump this morning and sell when it raises like 5%

it will crash by the end of market today

>> No.18310689

>>18310662
Different times. We are living in the age of the BRRR

>> No.18310700

>pump
You ain't seen nothin' yet