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/biz/ - Business & Finance


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22040559 No.22040559 [Reply] [Original]

Will everything dump like it did few years ago? When will this bull run peak?

>> No.22040665

>>22040559

Yes. That’s the cycle. Boom and Bust. Get the timing right

>> No.22040922

>>22040665
How does one know about the bust? I'm sure last time over 99% of /biz/ has failed and kept holding or selling after the bubble has popped.

>> No.22040962

the easiest zero effort rule is to sell when bitcoin has 10x and buy when it's 20% of that peak

>> No.22040974

>>22040962
10x the bottom ($30k) or 10x the previous high ($200k) ?

>> No.22041036

>>22040974
I see, thanks. Gains are gains, but we're all have a greedy jew inside of us I guess. It's not healthy to listen to the little jew

>> No.22041048

>>22040974
Whatever your position is, assuming you bought at a reasonable point in the cycle. eg you bought at $1500 in 2017, or $100 in 2013. My opinion is that we will see $100K bitcoin this cycle

>> No.22041092

>>22041048
I would have guessed about 80-90 max but yes, this year it's going to be a hell of a run. What do you think, where would be the new bottom be at? 25k?

>> No.22041267

>>22041092
not sure really, it depends on how high the blowoff top goes. a lot of people called 10k in 2017 but not many said 20k. But the real fireworks will likely be next year

>> No.22041376
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22041376

>>22041267
I see, well I better pull my coins off when feeling cozy and I'll get not get too greedy