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/biz/ - Business & Finance

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29676260 No.29676260 [Reply] [Original]

I'm not even talking about the popular normie trader/analysts, I'm talking about the good, obscure ones that I'm never going to shill here.

Why is everyone, even very intelligent traders, so godamn sure we're going so high?

>> No.29676370

Not that I agree but A lot of financial sector people are saying we've peaked tf you talkin about

>> No.29676466

>>29676370
>A lot of financial sector people
who? Are they sideliners?

>> No.29676691

>>29676466
So called experts

>> No.29677117

NGMI

>> No.29677302

>>29676260
everyone in crypto thinks this is like every other cycle where we just keep pumping for 2 years straight after halving and marketcap doesnt matter.
>rainbow chart
>muh use log scale idiots
turns out its obviously not the same to pump from sub 1k to 20k as it is to pump to 6 fucking digits. Market is realizing 50k is high as fuck for this piece of shit and 6 figures is never going to happen. Rather than risking it for the memes, whales are deciding to cash out, so trading against common sentiment. We're going sub 10k again, we'll see 6 figures after the next halving when the dollar is worthless

>> No.29677408

Yeah bro just risk your money for a very unlikely 2x and more likely 20-80% LOSS

Bitcoin atm has a shitty risk.reward ration, only newfags are buying it. Those experts are useless

>> No.29677516

>>29677302
Yeah pretty much this op is deluded

>> No.29677650

>>29676260
ngl, if that room has heating it would be pretty comfy

>> No.29677727

>>29676370
>A lot of financial sector people are saying we've peaked
>>29676691
>So called experts
The same people who claim we will death spiral.
I watched a boomer explain (retardedly) why BTC won't work and his logic was that you need a central authority (he literally described the fed) to issue and back the currency with something.
Boomers are mentally deranged

>> No.29677759

If everyone was so sure bitcoin will be worth 100 then bitcoin will be worth 100k already.

As it stands, there's a balance between people who think it will go up from 50k and people who think it will go down.

>> No.29677869

>>29677302
>but muh retail will fight for few satoshis they have no use for.

people forget share splits exist because people were uninterested in stocks where 1 share costs salary.

>> No.29680149

>>29677302
lmaooo

I have never seen such a better example of a midwit as this post

>> No.29680414

So many low IQ people are bitter they sold... You no-coiners won't be able to watch a chart without feeling suicidal in the coming months...

>> No.29681241

>>29680149
>>29680414
cope harder faggot

>> No.29682150

>>29681241
And now you're projecting your feelings! Don't worry, when you'll realise you truly were a midwit, you'll start investing into boomer stocks as you'll be forever priced out of crypto! Maybe if you're lucky you'll be able to make a nice 10% a year! Wow!

>> No.29682342

>>29676260
There's no reason for bitcoin to fall. There's far too much money in for it to die overnight. I don't think it'll shoot up to 100k that just seems fantastical, but it could go post-60k easy.

>> No.29682883
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29682883

>>29676260
HEY NIGGER!
I'M NOT HERE FOR A MEASLY FUCKING 2X
YOU THINK I GIVE A SHIT IF NIGGERCOIN GOES FROM $50K TO 100K??
"OH WOW, I DOUBLED MY MONEY"
FUCK YOU NIGGER!!!
I ONLY GAMBLE THE MOST DEGENERATE SHITCOINS AVAILABLE
IF IT'S NOT UP 10X IN 3 DAYS, I DUMP IT
GTFO WITH THIS "WOW MAYBE A 2X IN ONE YEAR BROS WE ARE GONNA MAKE IT" TRASH, YOU NORMIE SCUM FAGGOT

>> No.29683558

>>29677302
The rainbow chart is a self fulfilling prophecy - if enough people believe in it, it becomes true

>> No.29683846

>>29682883
this guy gets it

>> No.29683984
File: 207 KB, 2636x864, 1614106643243.png [View same] [iqdb] [saucenao] [google]
29683984

>>29677302
>turns out its obviously not the same to pump from sub 1k to 20k as it is to pump to 6 fucking digits.
I'm glad to see someone else finally acknowledging this.

>> No.29684347

>>29683984
>img
>text
kek

>> No.29684779

>>29682150
Go back plebb

>> No.29685042

>>29682883
Sup bruh

>> No.29685635

>>29677408
> Bitcoin is a bad investment
So tell me a better investment (no shitcoins).