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/biz/ - Business & Finance


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23814161 No.23814161 [Reply] [Original]

>some mid size exchanges are underwater as a lot of users got in 3-5x leverage longs on btc during the recent runup
>they cannot shakeout these longs because there are bots accumulating every dip
>they are on the verge of insolvency and it will get worse if btc breaks ath without a proper dump
i would recommend storing most coins offline my fellow goyim

>> No.23814294

>>23814161
Imagine storing anything more than some play money on (((exchanges)))
thanks for the heads up anyway
also im one of the bots buying every dip

>> No.23814362

>>23814294
people think this is schizo tier but im telling you these exchanges are usually able to dump btc 40% on bull runs
we have been unable to dump over 10% in the last run up because of firms like microstrategy running bots that accumulate 24/7 on dips
exchanges are getting cucked hard and at least ONE of these exchanges is going to pull a "hack" and take a haircut off every bodies funds so they can remain solvent

>> No.23814419

yeah fuck exchanges especially centralised ones. always keep your shit on a wallet and better to use uniswap so you can swap easily with your wallet

>> No.23814534

btc is going to pump hard this week once dxy crashes
only thing holding dxy up right now is a big scampump on the yen pair
once that scampump rug is pulled its unironically over for the dollar

>> No.23814732

>>23814161
>these exchanges aren't going to create fake orders to liquidate 3-5x longs, instead they will pay out and go bankrupt.
Yes, Biden clearly also won the election

>> No.23814816

>>23814732
The election isn't even over and the fraud was worse than 2000.
Popular vote doesn't even decide anything you brainlet shill

>> No.23814955

>>23814732
>i dont know how to read
get out of my thread nigger

>> No.23815591

>>23814816
>>23814955
t. literally unironically