[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 95 KB, 1013x675, bitcoin.jpg [View same] [iqdb] [saucenao] [google]
24771764 No.24771764 [Reply] [Original]

Would it be best to invest in bitcoin / crypto now or would waiting until covid is under control be the better decision?

>> No.24771770

>>24771764
what has bitcoin been doing since march?

>> No.24771769

BUY NOW OR STAY POOR
200K SOON

>> No.24771771
File: 174 KB, 366x526, 1607580334104.png [View same] [iqdb] [saucenao] [google]
24771771

>>24771764

>> No.24771776

>>24771764
the time to start buying was always last year
start dca in $100 every week no matter the price

>> No.24771786

>>24771764
You should wait until 40k, for the sake of safety

>> No.24771806

>>24771764
>would waiting until covid is under control be the better decision?
You got a lot of research and learning to do my newfren.

>> No.24771817

Dont panic. Bitcoin hasn't changed much, it's just on its cycle. If you want in do this simple process
Dollar
Cost
Average
Buy an amount you feel comfortable with weekly or monthly. Have a long term vision. If you're in your 20s you lucky swine, you will have a good 30s.
You're welcome

>> No.24771862

>>24771770
Increasing, but i am wondering if after covid the price will drop significantly therefore making it the more ideal time to invest

>> No.24771903

>>24771862
you will miss out if you keep waiting you will be dumped on if you fomo in
just fucking dca

>> No.24771917

>>24771903
Based

>> No.24771929

just dca

>> No.24772079

>>24771764
DOLLAR
COST
AVERAGE
NIGGR
DCAN

>> No.24772112
File: 62 KB, 267x300, joost.jpg [View same] [iqdb] [saucenao] [google]
24772112

Buy PLASMAPAY sir, very good cryptocurry sir

>> No.24772192

>>24771903
yes but will the cost go down after covid?

>> No.24772312

>>24772192
You uneducated retarded dumbfuck
GTFO my board
Seriously
"After Covid" How fucking retarded can someone be??
Go back and watch the daily news again and wear your mask like the good goy you are
Covid is part of the NWO agenda and will never go away again
Small Businesses will never come back
And your fucking money will only lose more of it's purchasing power.
"After Covid" really, you are pathetic
Buy now. You had 10 years already
Retarded faggot

>> No.24772329
File: 74 KB, 720x398, 1604483955459.jpg [View same] [iqdb] [saucenao] [google]
24772329

>>24772312
kys

>> No.24772340

>>24772329
Fuck off you subhuman retarded piece of shit. Your $1000 lunch money doesn't matter anyway

>> No.24772342

the fact that a shitton of newfags want to invest now when the price is 19k$ should be a warning sign

>> No.24772352

>>24772329
He is right, there is no going back to normal after covid. It's new world order plan, just like 9/11

>> No.24772362

>>24772342
Literally just got a job about a year ago and I am in school, didn't have the resources to really invest

>> No.24772364

>>24771776
This

>> No.24772375

>>24772362
yeah, might be, but was getting texts from people who want to invest now. Insane, why the fuck would you invest now, pure FOMO. Buy when people lose all hope, i give it a couple of months. Just normal greed - fear market cycles. Wait for the fear part. FOMO'ing now is based on an emotional state which isn't good. It might pump to 100k and i can be totally wrong though

>> No.24772408

>>24772375
This is the kind of answer I was looking for the entire time. I figured that the fear was driving up the price as you can see the price increase around march of this tear which is when covid became a huge public fear, so I figured that it would be best to wait around 6 months to a year to begin investing because there will be less fear. While I do agree with some of the things>>24772312 has said, I don't think that small businesses will "never comeback" or that my money will "lose more purchasing power"

>> No.24772449
File: 18 KB, 650x417, market.gif [View same] [iqdb] [saucenao] [google]
24772449

>>24772408
i'd surely wait untill february, and start maybe DCA. We're in a greed stage now, fear is when the market dumps. The sentiment on /biz/ is a good indicator on where we're at

>> No.24772513

fuck you niggers and your DCA advice. If some dumbfuck newbie DCA-ed the whole ride down from 19k after the 2017 crash, he'd still be in the fucking red. it's better to get a sense of the market. don't buy at peaks goddamn.

>> No.24772530
File: 2.58 MB, 576x1024, ew look a cringe post.webm [View same] [iqdb] [saucenao] [google]
24772530

>>24772513
What is DCA?

>> No.24772535

Wait the MtGox debacle.

>> No.24772540

Smooth brain here. Is it better to invest in alts now then switch into bitcoin after they have pumped so that my cash will get me more bitcoin? Or will bitcoin gains surpass the alt season?

>> No.24772543

>>24771776
>Bitcoin crashes to 300$ and never recovers
>'Just DCA bro'

>> No.24772550

>>24772530
dick action

>> No.24772700

>>24771764
Invest annon, crypto waits for no one, get some BTC and some INJ, inejctive protocol is the low cap trending alt right now

>> No.24772790
File: 43 KB, 500x500, AVAX Pump 02.jpg [View same] [iqdb] [saucenao] [google]
24772790

;)

>> No.24772885

>>24772790
Can you explain AVAX to me please?

>> No.24773088

>>24772192
probably not money supply will never be the same

>> No.24773101

>>24772543
yeah thats gonna happen sure in your dreams bobo then you wake up to see btc at $280k

>> No.24773121

>>24772513
that's bullshit do you even know how dca works? anyone thats been dcaing

>> No.24773133

>>24773121
since 2017 high is deeply in profit here
because he bought way way more btc at 3k than at 20k

>> No.24773218

>>24773101
I'm not a Bobo. I don't even give 1/100000 of a fuck about crypto. I don't care if it moons or if it implodes. I make real investments

>> No.24773226

>>24772535
Mt. Gox happens on the 15th. Should I wait until the 22nd before buying anything?

>> No.24773300

>>24771764
It's going back down

>> No.24773730
File: 224 KB, 521x937, 1606418558663.png [View same] [iqdb] [saucenao] [google]
24773730

>>24772312

>> No.24773973

>>24771764
You should wait OP. Keep waiting for the perfect entry. Yes wait until covid calms, then there is the whole biden admin and what he might do so best wait that out too. Oh and then summer is an unknown aswell so maybe hang on until sometime next year.

>> No.24774010
File: 179 KB, 1078x2387, 20201212_204058.jpg [View same] [iqdb] [saucenao] [google]
24774010

19 year old here

yall niggas ngmi

>> No.24774131

>>24772408
m8 I don't know where you are, or when you expect business as usual, but as anon said before it ai'nt gonna happen
if you wait 12 months you will be eating your own fucking toes with regret
just google "btc halving cycles"

>> No.24774137
File: 12 KB, 253x229, 1532784840739.jpg [View same] [iqdb] [saucenao] [google]
24774137

>>24771764
I would wait until the middle of October and then buy desu.

>> No.24774157
File: 86 KB, 640x805, wow2.jpg [View same] [iqdb] [saucenao] [google]
24774157

>>24771764

Raoul Pal Hedge Fund Manager makes the case for investing now...

https://www.youtube.com/watch?v=TqCbnQ_5dBA

>> No.24774277

>>24772312
>Everything will implode except my internet coins! I'm so smart!

>> No.24774290
File: 38 KB, 644x483, 1602925872010.jpg [View same] [iqdb] [saucenao] [google]
24774290

>>24773218
>I don't even give 1/100000 of a fuck about crypto
he says in his 2nd post to a crypto thread

>> No.24774329

>>24774290
Answering doesn't mean that I give a fuck. I just find funny that some of people who "invest' in crypto think that these coins are magic and will solve all of their problems

>> No.24774349

>>24772192
Why on earth would the price of BTC go down “after Covid?” What does one have to do with the other? What connection exists in your mind between these two things?

>> No.24774821

>>24772513
Bullshit