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/biz/ - Business & Finance

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24904226 No.24904226 [Reply] [Original]

Will btc go back up to my purchase price of $23,400

>> No.24904249

yes
x10 above it

>> No.24904256

>>24904226
yes

>> No.24904275

one day maybe, not any time soon. obvious top.

>> No.24904278

>>24904226
yes,

>> No.24904297

>>24904226
next bullrun, 2024 on December 17th

>> No.24904316

>>24904226
Yes, in 5 years lol, 7 when you include inflation.

>> No.24904317

>>24904226
bubble just popped, going back down to 3k again. Don't worry though, just HODL and you'll be even in 4 years at most

>> No.24904421

>>24904226
na

>> No.24904457

>>24904226

februrary

>> No.24904502

>>24904317
kek

>> No.24904521

>>24904297
Is that AM or PM?

>> No.24904832

>>24904317
God I wish that was true

>> No.24904912

Yeah in four years lol... imagine not pulling out your money and trading while btc sack holders seeth

>> No.24904962

I sold everything at 18500€, did the bubble just burst?

>> No.24904976

>>24904317
God a 3k btc sounds wonderful

>> No.24905087

dude if you are not willing to hodl at least up to 30K just GTFO

>> No.24905151
File: 235 KB, 619x461, 1606138995452.png [View same] [iqdb] [saucenao] [google]
24905151

>>24904226
When BTC hit 14k I knew it was too late to buy, I don't know why anyone on /biz/ would see BTC and choose to fomo in at the top.

>> No.24905182

>>24905151
Normies fomo at all events, that’s why they always end up getting btfo.

>> No.24905303

>>24905151
I mean you were wrong though? It’s price is 21/22k so decent profit if you bought and sold now

>> No.24905665
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24905665

>>24905303
This might be a shock to you but everything seems like a better or worse idea in hindsight, for actual investing you should pick shit which people have good reason to believe there will be significant upside from your buy-in rather than fomoing in at the new ATH and then getting upset when a correction occurs.

>> No.24906072

>>24905303
Question is, will it immediately drop and now is the time to sell, or will it stabilize around 20k and keep going up?

>> No.24906087

>>24905665
I completely agree, but I still don’t think that justifys the statement when it hit 14k I knew it was too late. I purchased around 7k which seemed like a great buy in price, but judging how btc has performed over the last 10 years I believe it’s peak this cycle will be no less then 100k. Kind of naive to call this the top imo,

>> No.24906110

>>24905665
That doesn't change the fact you were wrong and 14k was not too late to buy, dummy.

>> No.24906144

>>24904226
>buying the rise.
I could never do this but then again, I'm terrified of buying a dip in case it crashes further.

>> No.24906157

>>24906072
I believe it will stabilize without it going under 20k. The dips in the past 6 months have been smaller then in the past and seem to be eaten up. It’s the 30-50% pumps in short windows I will worry about there being a bigger correction.

>> No.24906176
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24906176

>>24906087
>naive
>it's going to infinity this time bro

Past performance is not evidence of future performance, BTC doing a 20x from the 2013 ATH to the 2017 ATH doesn't mean it'll do a 5x gigapump.

>> No.24906213

>>24906144
>never buy
Great strategy faggot

>> No.24906354

>>24906110
>everything seems like a good or bad idea in hindsight

That's not how you make decisions when investing, retard. There needs to be either a low enough price to make it worth it or a decent enough reason to buy to make buying at a high point with the assumption it'll go higher worth it.

>> No.24906381

>>24904226
Calm the fuck down. $23,400 is still cheap bitcoin. Right now it's way better to be IN than OUT.

>> No.24906385

>>24906176
It actually did a 20x from 2016 to 2017.
It’s not evidence it will definitely perform similar in the future, but when it comes to investing its smart to recognize trends and gives you faith when doing risk management. So far cycles have had diminishing returns. 2012-2013 had a 100x
2016-17 20x
2020-2022 I have faith it will do a 5x from 20k

>> No.24906913
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24906913

The price always goes higher and stay. That's how it works why is everyone impressed?

>> No.24906927

When you finally have sex

>> No.24906997

>>24904226
Kek this nigger didnt buy when it was below 10k

>> No.24907043

>>24906110
Retard alert.

>> No.24907098
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24907098

>>24905151
When BTC hit 1k I knew it was too late to buy, I don't know why anyone on /biz/ would see BTC and choose to fomo in at the top.

>> No.24907240
File: 59 KB, 844x1024, 1520651666170.jpg [View same] [iqdb] [saucenao] [google]
24907240

Just cut your losses now and go all in on LINK. Sometimes though decisions need to be made