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/biz/ - Business & Finance

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49780292 No.49780292 [Reply] [Original]

I bought in at 22k not even 3 days ago.
You all told me it wasnt going any lower because of "support" and "resistance". That was literally all of my savings.
I live paycheck to paycheck.
Is it going to stop falling?
My 1 BTC is now worth 18k. If I didnt buy this shit I would still have 22k. THATS 4 THOUSAND DOLLARS GONE.

Coinbase should be outlawed. Stealing money from working people every day. FUCK YOU ALL FOR SHILLING FOR COINBASE. YOU SHOULD BE ASHAMED.

>> No.49780363

>>49780292
People telling others to buy are dumpfags trying to get out, do your research faggot

>> No.49780408
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49780408

unironically kill yourself

>> No.49780416

The support range is 18k-22k. In the likely event that this breaks, the next support is 8k-10k. So yes you stand to lose another 10k potentially(likely)

>> No.49780478

>>49780292
Kek, I sold today, fuck this faggot "money"

>> No.49780489

>>49780292
>panic

>> No.49780529
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49780529

>>49780292
>You all told me it wasnt going any lower because of "support" and "resistance".
you stupid fucks deserve to lose your money holy shit. Imagine investing all your savings into something because anonymous strangers on the internet told you it's going to be okay

>> No.49780596

>>49780529
I think this whole websiye is bots run by bitcoin miners.

>> No.49780601

>>49780292
I didn't tell you anything. Don't blame me

>> No.49780687
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49780687

>>49780292
>Coinbase should be outlawed. Stealing money from working people every day.

>> No.49780752

>>49780416
So is it going to stop at 18k?

>> No.49780871
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49780871

Nobody of any worth or intelligence here would have told you that genuinely. I have always said we will swoop below the 200 week MA by a decent amount for a bit. As we have every cycle and bear. The true and absolute support is the 300 week MA with overlaid 0.8 MM on the weekly as well (which lines up incoincidentally well I might add, hint hint). If you want the true Chetan code and approximation of the bottom and when it will be, see picrel. Now you can never say nobody tried to help you.
The trick to reading biz is weeding out the retards and their retarded shit. The problem is 90% of the people here are retards and they switch uniforms during bull and bear, because they're actually normie NPCs who just follow general sentiment like little lambs. So they're bearish when everything is down and bullish when everything is up, which is exactly how you lose tons of money. Don't be permabear or permabull, be as a cyclist or a skier, ride the slopes. take the skilift: Plant your ass in the skilift while everyone is clambering to ski down lower and lower, some trying to ride over little bumps and some trying to walk up the hill. By the time the skilift starts running, you're already nice and comfy and on the way up. And when you're at the top, ski down, smoothly, left to right, while others resist the slope or bomb it head on. Ride the cycles. Anything other than this advice is retardation or cope.

>> No.49780876

>>49780752
>So is it going to stop at 18k?
there's no reason for it to stop at 18k as opposed to 17k, 15k or 10k. There's no magical number for this shit.

>> No.49780956

>>49780752
More like 16.5k, around there. Though, it could be 1k more or less. Essentially, just buy in the autumn, September preferably, and you'll be glad you did in a year.

>> No.49780970

I’ve got reliable sources telling me that this is the bottom and I am buying back in (huge discount for me since I sold a little below ATH)
WE ARE GOING TO 100K EASY. THIS IS THE BEST PRICE YOU ARE GOING TO GET. BUY NOW OR STAY POOR.

>> No.49781496

cme gap has it going to 3500

>> No.49781560

>>49780292
4 thousand dollars? Kek I have more than that in fucking Dogecoin
Anyway it'll come back up. You know the meme "never invest more than you can afford to lose?" It's kinda true, if it's money you need, then don't throw it all into Bitcoin

>> No.49781602

>>49781496
and 28K as well ;)

>> No.49781615

>>49780871
Now lets see the same chart without the skewed y axis.

>> No.49781618

>>49780292
Just sell now you stupid nigger. You're going to lose all of that.

>> No.49781657

Bro don't trust these retards the real support is 18k fr. Buy more bt to dollar cost average and you're Gucci thru the crypto winter

>> No.49781722

>>49780292
You are a loser and always will be

>> No.49781750

>>49780292
>Falling for the TA meme

>> No.49781753

>>49781657
You when it goes below 18k
>Bro the real support is 17k, just trust me.

>> No.49781860

>>49780292
No one really knows what the bottom is. Anyone telling you otherwise is a liar.

>> No.49782010

>>49780292
This is a joke, right? You never gamble what you can't afford to lose.

>> No.49782050

>>49780292
>My 1 BTC is now worth
it's still worth 1 BTC though
lel

>> No.49782098
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49782098

>>49780292
No refunds.

>> No.49782106

>>49780292
Fucking faggot lol. Don't buy until you see it at least rising for two weeks straight

>> No.49782168

its clearly broken through $19k now on the way down.

next stop $18k.

>> No.49782176

>>49780292
Don’t lump us all in together asshole. There are plenty of bearfags like me saying it will go to 4 digits.
Did you think we were just joking?

>> No.49782255
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49782255

>>49780292
THANKS FOR BUYIN MY BAGS FAG!

>> No.49782283

>>49780292
thanks for playing, better luck next time

>> No.49782376

Why didnt u take any profits the mimebt it was clear it wasnt going to 100k.

>> No.49782461
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49782461

>>49782106
this, normie fags who try to say only insiders can gain off of this ponzi scheme are morons. These artificial pumps last for months, and cope hodl'ers months longer. Plenty of time to buy, gain 30-60% and hop off before it crashes back down. The myth of making a 300% gains only works when the concept is brand new, crypto is over a decade old now.

>> No.49782494

>>49780752
Theres no real support level this high, the lowest is about 6k. If we break that, goodbye crypto.

Youre a fucking retard to out in more than you can lose and you bought first and asked questions later. This ones on you

>> No.49782895

>gamble on magical internet money
>lose
Thanks for playing!

>> No.49782974

>>49782106
>>49782461
Good advice ITT. Bear market advice?

>> No.49782982

>>49780292
I started buying 5 days ago. 1% of my cash is in. I am currently buying 2% more, so 3% crypto, 97% cash.

>> No.49783037

God damn newfags these "you guys told me to buy/sell x" threads are always bait posts. Can't wait for the bear market those are the best times on biz

>> No.49783090

>>49782494
>goodbye crypto.

Where is it going?

>> No.49783175

>>49782376
Because many of us have only been adults during a time of low interest rates. That's all we've known. So we discount them and the effect it has on credit, which is quasi-inflation if you think about it, since loans are the very thing expanding the money supply besides the issuance of new treasury notes. So when the Fed says that it will raise interest rates, we think, "there's no way they can. they have too much debt." yet the fed has managed to raise them a bit. now there are some, including Jack Mallers, who think: "the fed is playing chicken, they'll have to lower the rates soon. They cannot raise them like they say they will." time will reveal whether or not the Fed can. But it is clear that many did not think the Fed would raise rates, there are many who think that they can't raise them more and that even if they did it somehow won't affect them, as if somehow they're completely isolated from the way it affects all prices in the market.

>> No.49784434

>>49780292
>stores his crypto on coinbase
>thinks he owns any crypto whatsoever

>> No.49784592

>>49780292
>HE BOUGHT THE DIP

>> No.49785570

>>49780292
>you all told me
There's literally 0 agreement on what's gonna happen to crypto here and everywhere. You just wanted confirmation bias.
Good riddance, retard.

>> No.49785885
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49785885

>>49780292
Welcome to /biz/.

>> No.49785957

>>49785885
its crazy but it really do be that way. people see that hard dick shape and they just have to suck it. then they dont have the courage to buy a soft, limp dick. fucked up but true

>> No.49785979

>>49780292
thanks for playing

>> No.49786016

If were always gonna be poor anyway, what's 4k less?

>> No.49786034
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49786034

>>49780292
I decided against it. Maybe I'll buy like 5 bitcoin when it goes under $1k.
Cope seethe dilate.

>> No.49786039

>>49780292
How did you afford to buy a bitcoin if you live paycheck to paycheck?

>> No.49786061

>>49780292
>My 1 BTC is now worth 18k. If I didnt buy this shit I would still have 22k. THATS 4 THOUSAND DOLLARS GONE.

so? i wasted at least that much on medical tests for my dog over the past few months. poor little guy might have cancer, or not. stupid inconclusive tests. not gonna let them cut him open for a biopsy.

>> No.49786088
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49786088

>>49780752

>> No.49786120
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49786120

>>49783090
Don’t worry about it, just gonna take crypto out to the back shed for a little bit

>> No.49786149

>>49780478
How much did you lose?

>> No.49786185
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49786185

>>49786120
No, Dad. It's my crypto. I'll do it.

>> No.49786244

and poof, just like that, a new 18.5k.... just... poof and it's gone

>> No.49786263

>>49786061
I hope your dog is okay anon

>> No.49786272
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49786272

>>49780292
Imagine if you bought gold or silver. It would still be there waiting for you touch.

>> No.49786285

>>49780292
We told you it was going to 10k. You got tricked by other retarded newfags such as yourself

>> No.49786311

>>49786263
Thanks. He's lost a lot of weight and may have IBD but he seems to be otherwise OK. If he had cancer, I think he'd be much worse now.

>> No.49786371

>>49780292
>gambling with your life savings
Lol, lmao even