/biz/ - Business & Finance

[Anonymous No.23256738]

After the last halvening how long did it take for the bullrun to start? Are we still on track?

[Anonymous No.23256761]

>>23256738
by my calculation, if bitcoin doesn't reach $40k tomorrow, we're doomed

[Anonymous No.23256778]

>>23256738
The bull run has already started

[Anonymous No.23256842]

If you want a compelling no BS breakdown of why the cycles are likely lengthening and a more realistic timeframe for when this cycle will reach our next bubble top I would check out this dude.

https://www.youtube.com/watch?v=6AwnlWBOTlQ

Doesn't mean we won't reach 20k sooner than this, but the next top probably isnt until 2022/2023 to be honest.

Silver lining is we get more time in a bull market this time around.

[Anonymous No.23256940]

>>23256738
around 6 months, just in time for election
also this>>23256778

[Anonymous No.23256997]

>>23256842
Ben is a legend

[Anonymous No.23257003]

>>23256842
this. each cycle gets drawn out longer and longer. wouldnt be surprised if we range for another 1-2 years. remember whales are accumulating because they know where this is going.

[Anonymous No.23257179]

>>23256842
but what about muh stock to flow

[Anonymous No.23257200]

>>23256842
So when should we sell to avoid get rekt like everyone who held thru 2018 did

[Anonymous No.23257460]

>>23257200
Sell?

Seriously though, I'm not planning on selling. I'm going to lend out my crypto for passive income this way I don't have to get raped by capital gains taxes that will immediately take large fractions of my stack as soon as I sell. I made that mistake in 2017 and would have had a much bigger stack for this run if I thought a bit before just dumping.

If you do sell though, the benefit of the lengthening cycles is also that while Bitcoins returns in the future are projected to be less than previous bubbles, its drawdowns should also get less severe as time goes on and you'll have more time to get off your ass and sell if you need the money before the drop gets too severe.

This should be obvious now that actual institutions are taking positions in BTC. They dont have paper hands like the normies that have been buying up till now.

[Anonymous No.23257511]

>>23257179
>>23257179
I still secretly hope that stock to flow is right. I just can't convince myself it's really the case. It's a model and just like any other model. It's right until it's not.

[Anonymous No.23257534]

>>23256842
Honestly, you’re channel is actually very good but stop fucking shilling it.

[Anonymous No.23257561]

>>23257534
I'm not him. Just happened to watch the video earlier this week.

[Anonymous No.23257603]

>>23257460
>I'm going to lend out my crypto for passive income
How? Thru what service? I have a nice LINK stack but not enough to make it this bullrun and I don’t want to lose 90% of it in 2022 falling for the HODL meme and have to wait until 2026 to actually make it

[Anonymous No.23257787]

>>23257603
I use cefi solutions because its clearer for how it works tax wise in the US. Since token trades are taxable events here I'm not sure if DeFi is a good idea because you'll owe taxes for profits when converting from LINK to yLINK for example and if you already have a low entry cost that could fuck you over too. The current interest rate for LINK is a bit lower on celisus and crypto.com than other coins but depending on how many you have, it can be some serious side cash.

If you were to look at celsius for example.

4.51% interest on chainlink

lets say you have 10000 LINK

10000*11.21*0.0451 = $5055.71 a year of passive income.

Nothing to write home about right? Well if you have long term faith in the project lets act like it can get to $40 dollars.

10000*40*0.0451 = $18040 a year of passive income if you dont cash out until its at $40.

This logic really only works if you plan on holding for pretty much forever. Thats what I plan to do with BTC, but I cant tell you if thats true for you with LINK.

You'll still owe taxes on your passive income, but if you just put 25% of it asside or sell to stablecoins as soon as you get paid your interest you'll always have enough to pay the taxes.

P.S. Taxes in the US are god awful.

[Anonymous No.23258206]

>>23256738
We are in the bullrun. Shorting and leverage trading being available to everyone this time round means overall market cap won't grow as fast as in the past, and no more super easy x100s to keep trading up between all season. The game now is to buy gems with actual value and sit on them through the season as they gain a higher share of the market. LINK/PNK are solid for the next 18 months.

[Anonymous No.23258505]

>>23257787
Paying taxes to jews, not going to make it. Use flame.exchange

[Anonymous No.23258515]

>>23257787
Yeah that’s interesting. I think staking my LINK might yield better returns longterm but we’ll see. If LINK crabs for another year I should be able to double my stack which would solve everything. Just sell half and stake/loan the rest.

[Anonymous No.23258542]

>>23258206
Do you have a sell price or date range?

[Anonymous No.23258585]

>>23257787
you’re not worried at all of a hack/exit scam of celsius ?

[Anonymous No.23258604]

>>23258542
Other than swinging at obvious times e.g. after 400% increase wait for pull back, e.g. when LINK went from $5-$20, sell to rebuy at $10, or PNK from 4c-17c, sell to rebuy now, I would say $200 is a safe selling point for LINK in 2021/2022 and $50-60 for PNK unless you're holding it for the long haul 5-10 year game

[Anonymous No.23258753]

>>23258604
I’m trying to pull off a big swing. Catch it near the top and then rebuy my original stack for half price. Live off the difference for the rest of the decade. It’s pretty stressful to think about desu. $200 LINK is right on the edge of making it for me but I’d be pissed if I sold early and had to watch it skyrocket to $1K before correcting to $400 or something. At the same time holding from $200 down to $50 and having to wait 3-4 more years would be absolutely devastating.

People think waiting 3 years is the hard part but they’re wrong. The hard part is not getting shaken the fuck out when LINK is triple digits and you have fudders coming out of the woodworks telling you to sell sell sell and take your life changing money

[Anonymous No.23258834]

>>23257460
Yes sell at the obvious bubble top and buy back in 3 years later at the bottom.

[Anonymous No.23258881]

Wait? Burgers actually pay tax for imaginary Internet tokens?

[Anonymous No.23258893]

>>23258881
Yeah, they tax it as capital gains I think.

[Anonymous No.23259252]

>>23257787
Taxes don't take over 90% of your gains like a popped bubble will. It makes way more sense to just sell in mid 2023 at the top and rebuy 3 years later in 2026. For those 3 years inbetween you can invest in traditional stock index funds or just the s&p500 to be safe. Then rebuy link and stake in 2026 until around 2031 or in 2024-2025 buy the next memecoin if there is a next btc, eth, link investment in the next cycle.

[Anonymous No.23259260]

>>23259252
imagine thinking you can time the market years in advance lmao. fucking brainlet, you're ngmi.

[Anonymous No.23259271]

>>23256738

Yep. Watch datadash he’s got really good analysis of the long term trends

[Anonymous No.23259334]

>>23259260
Time will tell. I've been here since 2015 and I've had the market cycle top in late 2017 and bottom in 2019 predicted perfectly since 2016. I'm not an idiot. You're speaking to an officially tested high IQ self made crypto millionaire.

[Anonymous No.23259447]

>>23259260
Right lmao that fag is a fucking hack

[Anonymous No.23259563]

>>23256778
Bull market started. Bull run has not started yet. Bull run starts when bitcoin passes 20k.

[Anonymous No.23260674]

>>23256738
Yes we are well on track. Pic related is the best way of visualising it.

[Anonymous No.23261035]

>>23256778
It starts off slowly, imagine a bull gradually building up speed

[Anonymous No.23261055]

>>23256842
What happens when the next halving occurs in 2024 then. The supply shock following will be just after the capitulation dump

[Anonymous No.23261375]

>>23261055
each halving is half as impactful as the one prior. But really by mid 2020 I think bitcoin will stabilize or even start to lose ground, at least versus other cryptos.
Mid 2020 is also about the time we really start seeing the inflationary effects of the recent (and no doubt continued) printing, so in USD terms BTC could get quite high.

[Anonymous No.23261382]

>>23261375
mid 2020's*