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/biz/ - Business & Finance

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28749201 No.28749201 [Reply] [Original]

was there any way to anticipate everything crashing through the floor today? or is is just luck? tryna learn for next time

>> No.28749323

>>28749201
It's Sunday bro, happens all the time. Just look at it like everything is on sale.

>> No.28749426

>>28749201
>tryna
don't talk like a nigger

>> No.28749521

>>28749201
Weekends typically dump.

>> No.28749626

>>28749323
lol at this being a regular dump. you're either fucking retarded or completely new.

>> No.28749645

chinese new year

>> No.28749692
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28749692

Its the Black Friday sale right before Christmas, OP.

>> No.28749744

>>28749521
search for "weekends" on /biz/ using yuki.la or whatever other archiver you choose. copeniggers have been saying weekends pump, and copeniggers have been saying weekends dump, for years. weekends don't mean much. this is a hard correction. if you cannot see that, then you just got into crypto like two weeks ago.

>> No.28749745

>>28749626
We’ve literally seen bigger dumps all the way up this time. What are you talking about?

>> No.28749761

Silver is about to go through a Gamma Squeeze which is drawing funds out of crypto then will flow back in when some cash in their silver and silver producing stock gains.

Keep hodling on.

>> No.28749776
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28749776

>> No.28749839

>>28749645
This so many faggots forgot about the Chinese New Year. God damn it’s like gold fish brains in this board

>> No.28749874

>>28749839
India just banned Crypto.

>> No.28749879

>>28749201
The only thing unexpected (sorta) was BTC rallying to ATH and then dropping off. Otherwise, Sunday, Valentine's Day and Chinese New Year weekend were known, but it's always speculation how hard it hits. I was hoping we'd get away with the slow downwards crabbing that happened for a lot of coins during the past two days.
Apart from that, no, this is crypto, baby.

>> No.28749920

>>28749626
>>28749745
I guess he's new here.

Hurr durr, green line only go up. I bet he fomos in on green day and sells on red days regularly lol.

>> No.28749935

>>28749874
Wasn’t the news announced like a day or two ago with India banning crypto. With the timing of Chinese New Year isn’t a surprise.

>> No.28749976

>>28749874
Chinese new year not Indian new year, Pajeet

>> No.28750140

>DOGE movement is typically a good indicator of what BTC will do next. It's actually one of the only cryptos that BTC seems to follow instead of the reverse.
>Bots are created with this in mind.
>Elon tweets support for whales selling DOGE.
>DOGE holders panic sell.
>Bots start to dump BTC.
>BTC leverage traders get liquidated, price tanks, normies panic sell and swingies hope to get back in lower, price tanks more.
>Bots for every other token start dumping because they all follow BTC.
>ETH and other token leverage traders get liquidated, price tanks, normies panic sell and swingies hope to get back in lower, price tanks more.

Plus it's Sunday.

>> No.28750226

>>28750140
Good analysis actually.
Do you think elon knew that and is trying to get more btc at a lower price?
Or its all just some retarded butterfly effect

>> No.28750470

>>28750226
He probably knew that it would temporarily tank the price, but I doubt he cares or is using it to buy more. He's just being an autist.

>> No.28750530

>>28749201
Everything has 10-100x, BTC and ETH trading sideways. China new year, how would u not expect this roflmao.

>> No.28750825

>>28749626
funny, usually people calling others new have no idea what they are talking about.

>> No.28750858

>>28749426
based

>> No.28750988

Yes, a week of insane altcoin growth was bound to correct, I was in all the safe boomer coins which would have mitigated the drop but then I got a little greedy and tried to pick up a dip in an altcoin and it murdered me. A lot of this drop was completely unpredictable due to Elon being a faggot and people actually listening to him