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

/biz/ - Business & Finance

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23813695 No.23813695 [Reply] [Original]

Why is BTC dumping? You told me Biden is gonna pumpit!

>> No.23813715

>>23813695
Pfizer just announced that its vaccine is pretty much ready and 90% effective, so Covid is pretty much over.
That's why.

>> No.23813717

Money moving from BTC to stocks. Just hold until things stabilize.

>> No.23813738
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23813738

>>23813695
I AM GOING TO LOSE ALL MY MONEY

WHY BIZ WHY

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.23813750

>>23813695
I literally have no idea what happening or whats going to happen
I wish some giga brain 140+ iq chad would enlighten me on what to buy and hold for financial freedom
Im so lost

>> No.23813758

>>23813717
>Money moving from BTC to stocks. Just hold until things stabilize.
This sounds legit.

>> No.23813782

i hope it dumps more im not done accumulating

>> No.23813800

>>23813758
>>23813717
It seems plausible on the surface, but that's not what's happening.
Throughout this pandemic, stonks and crypto have been going up and down in tandem, since global collapse/recovery is equally bad/good for both.
This is just whales and exchanges fucking around.

>> No.23813907

>>23813800
>This is just whales and exchanges fucking around.
And their aim is probably to squeeze the last bit of juice out of the pandemic scare while they still can.

>> No.23813938

>>23813800
Personally I've made a lot of money swinging during this instability. Good for business.

>> No.23814057

>>23813750
Have as much money as possible in almost every asset class. Bitcoin, stocks, real estate.
Bonds...meh maybe a little but not much.
Same with precious metals.
Hold as little cash as possible. No more than one year’s wages absolute max.
Do t gamble on shitcoins or options. Just make enough money to where you can throw 30-50% of every paycheck into investments.
This is an almost foolproof method to achieve a moderate degree of “making it”. It won’t make you a billionaire but you’ll never be poor and you’ll be able to flex on 80-90% of normies in a few years.

>> No.23814146

>>23813800
>stonks and crypto have been going up and down in tandem
I saw a decoupling with my own eyes tho

>> No.23814167

>>23814146
Was this when it flew over your house?

>> No.23814332

>>23814167
>Was this when it flew over your house?
no

>> No.23815068

text book double top. shut it down

>> No.23815222

>>23813695
>Biden is gonna pump it
i thought the opposite was going to happen

>> No.23815344

>>23813695
Uhh this is why you retards shouldnt only be in crypto. Diversify, fuck your moral highground anti capitalism shit. I have this retarted friend who said “I just dont think you can make high gains in stocks”...fucking retard