I just sold 90 % of my crypto, getting fucking afraid.

[Anonymous No.28722046]

Something in the air just isn't fucking right.
EVERYBODY is fucking talking about crypto, boomers, teenagers, famous people shilling.
I sit with 800 % gains, fuck this shit.

[Anonymous No.28722141]

>>28722046
its almost like its becoming mainstream. they only had fucking 10 years.
youre a faggot btw.

[Anonymous No.28722191]

Not nearly as short-term exuberant right now as many think.

Long term holders have strong net unrealized profit.

New entrants don't.

Guess who causes a crash?

[Anonymous No.28722204]

>>28722046
Rebuy the dip

[Anonymous No.28722239]

>>28722046
The top will be 60K though

It's better than gold, why be afraid?

100K is delusion, I'll give you that. But why won't BTC reach 60K?

[Anonymous No.28722251]

>>28722046
people keep saying this
i know zero people who mention it
i'm from the EU though
nobody seems to care

[Anonymous No.28722335]

>>28722251
Nobody cares anymore because they've missed out. We're not at the top yet but there's not even a x2 in BTC anymore.

[Anonymous No.28722348]

This is literally the start of the next dot com bubble. We are going to a 20+ trillion market cap in 1-2 years. Why are you so retarded?

[Anonymous No.28722359]

>>28722046
The trillions they have been printing have to go somewhere

[Anonymous No.28722457]

>>28722046
I havent heard much, did hear people talking about gamestop in public

[Anonymous No.28722521]

>>28722046
Even twitch ecelebs esport and twitchchat normies use crypto lango right now completely unrelated to the crypto context.
Something is in the air I can confirm because I started getting into crypto 2 weeks ago.

[Anonymous No.28722523]

>>28722348
The bubble is random shitcoins, not Bitcoin itself. Bitcoin will definitely stabilize between 50 and 100K. Just look at assets like gold that share Bitcoin's deflationary nature.

[Anonymous No.28722538]

>>28722046
>>> sells everything on a down day
Ngmi

[Anonymous No.28722542]

>>28722239
people said 50k was a delusion a few years ago, and people said 1k was a delusion a few years before that. I don't think it will happen anytime soon but bitcoin will hit 100k eventually

[Anonymous No.28722544]

Just saw two crackheads under the overpass fighting over who gets to swing the ETH
Its over guys time to pack it up

[Anonymous No.28722600]

>>28722046
>EVERYBODY
Nobody in my normie circle, or my local stock boomer aquintances knows what is crypto, they don't even know what is Ethereum.

Just look at 1yr Tesla stock, that thing makes this bitcoin bullrun looks lika a joke

[Anonymous No.28722619]

>>28722251
friendly warning from fellow yuropoor (frogland)
during the 2017 bubble nobody was talking about it in my country either
burgerland is the sell signal. all burgers are turbonormalfags, the moment they sell the entire market folds

[Anonymous No.28722629]

>>28722046
Aha.
So how it's a bad thing, when slowly but surely we have more and more people buying crypto ?
Isn't that going to increase the price ?

[Anonymous No.28722634]

>>28722348
Do you have any idea how much money is already into the coins that exist? thousands of coins, with millions, billions and even trillion in market cap.

You have no idea how much money the average person is in crypto now, its much higher than you want to believe

[Anonymous No.28722647]

>>28722046
Reason people are talking is because savings accounts are now pointless. Stock Market has a black eye right now. bitcoins are growing in numbers and funding. It would be insane not to look into it.
social media celebs used to make money showing up to parties or ranting about a clothing brands. The smart move now is to invest into something, then promote it instead of having to deal with getting paid for it with contracts. They dont have to produce anything and just buy into it. Then promote it through online accounts. Sell, Get a new one, Promote that one, repeat..

[Anonymous No.28722677]

>>28722141
Yeah I can use it on Pornhub now and...

[Anonymous No.28722687]

>>28722239
>>28722046
No collapse is happening, DeFi is the new Finance.

You have a chance of getting in at the ground level.

You have 2 options, either swing often to build up bigger stacks or HODL for a year.

[Anonymous No.28722715]

My mum asked me about crypto lol. My co-workers are also talking about it. It seems we are approach the climax of this cyclist again aren't we? Let's not forget to take profits before everything is on fire again.

[Anonymous No.28722719]

>>28722046
Crypto is the hedge against dystopia.
The uneasy feeling is realizing that yes we are in a dystopia.

[Anonymous No.28722728]

800% is amazing. just make sure you don't have regrets if it goes up. isaac newton famously invested in south sea stocks and made a ton of money and cashed out, only to fomo back in when he saw his friends continuing to make money. of course he brought back in and quickly the stock crashed and he was broke.

be happy with what you have, you did well.

[Anonymous No.28722777]

>>28722239
shorting before 250k is -ve value

[Anonymous No.28722825]

>>28722634
>Do you have any idea how much money is already into the coins that exist?

1.5 trillion. Says right on coin market cap. Dot com bubble popped at 10 trillion in early 2000s. We still have long ways to go. Cope and seethe

[Anonymous No.28722853]

>>28722728
Seems like somebody didnt understand gravity all that well.

[Anonymous No.28722897]

>>28722719
this, it has everything to do with the ongoing collapse of the US. Even the simplest idiots realize the USD is becoming useless

[Anonymous No.28722905]

>>28722239
No it isn't
Look up s2f, SMA, RHODL
We are not at the peak, I don't give a shit if normies are talking about cryptos
TA and mathematics were right about the bull peaks for the last decade and I'm quite sure that they will be right this year again

[Anonymous No.28722946]

>>28722853
>"I can calculate the motions of the heavenly bodies, but not the madness of the people."

t. isaac newton

[Anonymous No.28722954]

>>2872204
I don't know, maybe there's a correlation between price and level of adoption?
so according to your logic you sell after the first slight hints of global adoption
FUCKING FAGGOT
you're a fucking retard
buy back fucking ape

[Anonymous No.28722965]

>everyone talking about the cycle ending in the near future
this can only mean that it will go on for a much longer time, this many people can't be right.

[Anonymous No.28723101]

>>28722542
The value of an asset is its inherent value and the subjective value society attributes to it. Bitcoin always had the former, but had to build up the latter.

Why would something like gold stall but Bitcoin not? It will stop giving exceptional ROI's eventually. And that's OK because it's literally meant to be a store of value. But if you want high ROI's you have to start looking elsewhere.

Again, why would gold be $60K/kg but Bitcoin moon to $200K this year? It doesn't have enough upsides to sustain that price (though it's not impossible for it to get there). I see Bitcoin beating precious metals eventually, but you better have good reasons to believe Bitcoin will be 10x their price if you're trying to make it.

[Anonymous No.28723126]

Redpill me on the situation if the normies mass migrate into crypto all of the sudden?

[Anonymous No.28723168]

Hope you bought silver and silver miners with the profits

[Anonymous No.28723226]

>>28722239
fucking retard, the top will be in when every country and megacorp on earth has a massive reserve of BTC, which will put us at $1,000,000 at least

[Anonymous No.28723262]

>>28723126
They all suddenly realise they dont know what it is they bought and panic sell when its starts to drop from being dumped on.

[Anonymous No.28723338]

>>28723126
Just checked google trends:
https://trends.google.com/trends/explore?date=today%205-y&geo=US&q=crypto

Sure it might keep on going, but I'm not taking a risk.
I'm happy with the gains, and I keep a small stack just in case it keeps going.

[Anonymous No.28723365]

>>28723126
price go up

[Anonymous No.28723433]

>>28723226
Megacorps don't have gold reserves. If they have so much excess money, their shareholders will demand more dividends. Tesla is not a normative company.

[Anonymous No.28723439]

>>28723168
I've actually thought about doing that.
I will put 20 % in physical silver, 40 % on Eastern European and Eastern Asian stocks and hold the rest in cash for a crash or put it on a down payment.

[Anonymous No.28723619]

>>28722457
Way moreso than crypto from my experience

[Anonymous No.28723651]

>>28723439
Eastern european stocks, tf are you on anon?

[Anonymous No.28723657]

>>28722677
...anywhere else with a crypto debit card. Also UTK.

[Anonymous No.28723679]

>>28722905
TA is meaningless when the context is ignored. The crypto game is changing too fast to go by such little historical data if you ask me.

[Anonymous No.28723683]

>>28722046
test

[Anonymous No.28723703]

>>28722046
I don't think this will ever really go down again. I think we are at one of the last "easy" accumulation moments before everything pumps in a crazy way

[Anonymous No.28723729]

Wize choize before ze dump

[Anonymous No.28723817]

>>28722046
It's almost as if the USD losing value and will keep losing value.

[Anonymous No.28723947]

>>28722191
>Long term holders have strong net unrealized profit.
and it will stay that way
why should i cash out, pay taxes, and lose compounding effect?
if i sell i need at least a 25%/30% drop to happen just to re-enter with the same quantity (because i will be paying taxes)
if i keep the principal, i can just borrow the amount i need, and never sell the btc

[Anonymous No.28724031]

>>28723101
>It will stop giving exceptional ROI's eventually
Unlike gold it actually does give you guaranteed ROI with defi, currently at about 1-2%. Much more than gold. There's your competitive advantage
And I'm sure you're aware of a million other reasons why BTC is better than gold such as it's easier to transport and easier to protect, it will eventually become deflationary, it's way less taxable than gold etc

[Anonymous No.28724089]

>>28722335
lol bitcoin already did a 2x from were it was less than 2 months ago

[Anonymous No.28724148]

>>28722600
>Just look at 1yr Tesla stock, that thing makes this bitcoin bullrun looks lika a joke
looks exactly the same retard, they are now basically the same trade

>>28722634
>You have no idea how much money the average person is in crypto now, its much higher than you want to believe
this, just look at all the fucking retards on biz having 100% of their net worth in some random shitcoins

>>28722687
DeFi blue chips are like 10 coins at most... The rest either shitty copycats or just useless trash

>>28722825
Comparing equity in companies to useless utility tokens with 1) no ownership rights 2) no dividends

>>28722905
>Look up s2f, SMA, RHODL
>b-b-but muh retarded models that literally every single crypto investor knows about and tracks daily.
they will obviously not work exactly for this exact reason. They are now as useful as RSI or any other meme indicator, i.e. useless. The only metrics that are worth anything are on-chain metrics like supply on exchanges.

[Anonymous No.28724374]

Hello fellow /biz/nessmen, I'm just starting my coin collection by selling some of my low performing stocks in my 401k. How do I buy these coins you are all so excited about? About to retire here soon and it seems a good investment. I already have some dollar Susan B. Anthony coins and a variety of Indian pennies. What is your favorite coin? Funny thing about Indian pennies, there's to major groups of them based on what alloys they are composed of, are there any of these cryptocurrency coins with different alloys? My personal favorite is the early 1859 Indian Penny which was 12% nickel and a whoopping 88% copper! Today's pennies are zinc and as my granddaughter says "weak sauce". I'm looking for really high % composition cryptocurrency for collecting purposes to put next to my Indian Head Pennies. Got a space all picked out in the den. I'm also looking into this new coin currency because of corona. My neighbor Bill says that the corona is going to tank the stock market soon and that's why he sold all his stocks and is buying silver bars now. That Bill is a card, I tell ya. I helped him refinish is boat last fall and we found some reefer cigarettes in the bilge. He claimed they weren't his but I'm pretty sure him and his huzzy wife are smoking the devil's lettuce out there on the lake. Anyway, good luck you young folks in your coin acquisitions. Here's a picture of my buddy Ron, he's a straight shooter.

-Jim

[Anonymous No.28724428]

>>28723439
Good choice.

[Anonymous No.28724578]

>>28722728
It’s possible to be a genius and a dumb fuck at the exact same time.

[Anonymous No.28724737]

>>28722544
Lmfao really?

[Anonymous No.28724741]

>>28722825
Yeah, but you have to think about the rate of inflation since then. How much would be 10 trillion usd of early 2000s be compared to today?