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/biz/ - Business & Finance


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30060008 No.30060008 [Reply] [Original]

>bitcoins drops a few %
>welp better start selling my alts

who actually does this and what causes this phenomenon?

>> No.30060039

>>30060008
The market is ran by bots. Have you not figured this out yet?

>> No.30060046

>>30060008
whales and bots

>> No.30060055

>>30060008
Bots anon

>> No.30060058

Weak hands and cascading effects caused by bots arbitraging.

>> No.30060076
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30060076

Bots tied to buy / sell altcoins based on what Bitcoin does

>> No.30060235

Because it's usually predictable that this is going to better, so better to sell high than to hodl.

>> No.30060328

>>30060039
>>30060055
>>30060076
So bots just immediately sell when bitcoin drops and rebuys when it starts pumping? How do they manage to make any money?

>> No.30060442

>>30060008
>apple drops a few %
>welp better start selling my other s&p stocks

>gold drops a few %
>welp better start selling my silver

Human nature

>> No.30060533

>>30060328
It’s called swinging. Sell high buy low, then when BTC reaches a new ATH dump your shit

>> No.30060943

>>30060039
The question is, as a legit investor, how do you get around the troubles of bot using pajeet niggers?

>> No.30060965

>>30060328
Something or other about sats, who cares. Simple as. Bulls bears, it's bots vs apes, simple as. I buy with my nuts simple as.

>> No.30061114
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30061114

>>30060943
>trading meme tokens
>legit investor

>> No.30061119

Back in 4 figure ahahaha checkem

>> No.30061203

>>30060008
>the market has one good day after Biden stimulus, an artificial push up
>the market has have fully recovered haha the economy is perfect and the world is back to normal, time to buy at the peak
who actually does this and what causes this phenomenon?

>> No.30061298

>>30061114
Yes, and your point is?

Is this your first time on /biz/? Do you not understand what legit investing is? It's professional gambling shit for brains, i am just complaining about bots in the meantime because what else is there to do in this shitty investment game anyway? Please do go on and tell me more on how legit your capital adventures are, please anon we would all love your superior dig bick 360 no scope intellect and judgment

>> No.30061406

>>30061298
bro chill lol

>> No.30061414

>>30060328
No, they just buy or sell. The only difference is alts are more volatile because they have less money in them so it takes less to move them. Its why microcap shitcoins do +/- 100% in a day routinely while if BTC moves 5% its a major event.

>> No.30061774

>>30061298
Chill frienderino, I'm a flailing retard too.

To answer your original question: get a 0,001% better bot.

>> No.30062362

>>30060328
A few weeks ago volatility was so high my phone alerts were going off every hour for 6% swings for BTC, ETH, LINK, etc. How does 6% per hour sound to you? That's how they make money.

>> No.30062506

>>30061298
Guess who got a stick up their ass LMAO bruh we all trade memecoins and magic internetmoney.

It’s 2021, adapt faggot

>> No.30062558

>>30062362
which app are you using?

>> No.30063819

>>30062558
Blockfolio