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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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51132560 No.51132560 [Reply] [Original]

Ive been absent a while. Since i went from multi millionaire to barely 6 digits holding my link and rose stacks. Been so disgusted with my own retardation I walked away from it all to focus on winning my wife back from tyrone after losing millions. Well, today i got all my assorted wallets together, not a whole lot but various wallets, hardware and web, consolidating them together in a new secure long term stroage wallet, along the way having to interact with various smart contracts even, and i mean, im paying peanuts for these transactions. Less then a buck to move thousands, and barely a couple dollars to interact with defi protocols. I remember paying hundreds, even thousands of dollars to move funds and interact with these protocols months ago during the various red swans. How good of an indicator is this that we are at the bottom? Should i long something here? Or just continue my long term storage plan and keep holding?

>> No.51132582

Anon. People won't be able to afford heating this winter. If this was still the environment of the past cycles this would be the bottom. But it's not.

>> No.51132589

>>51132560
>i went from multi millionaire to barely 6 digits holding my link and rose stacks
you dont have a single dolar until you sell,
OP is a fag
/thread

>> No.51133423

>>51132560
One of the 2% successful retail traders here. Don’t long here anon. This is likely only the beginning. We are in a very bearish macro. Wait for more macro TA and FA bottoming signals

>> No.51133445

>>51132582
This. Recession coming too.

>> No.51133465

>>51132560
Did you watch the Powell speech yesterday? It was the first time he went 100% hawkish and said that there would be economic pain because he was not going to stop raising rates until inflation was back to their target of 2%

>> No.51133488

>>51133465

Literally the signal they might go 50 BP and then that’s it retard.

>> No.51133493

>>51133465

what if he's just saying that to give all his rich friends time to fill their bags and front run the plebs?

>> No.51133581

>>51133493
Retard bulls have been saying this all year. “This time he is surely lying!”. And yet has followed through on everything he has said he would do

>> No.51133925

>>51133465
he says that every speech he gives
it was a non-event
great cover for manipulation though is to hype up an event and then blame the big move on that

>> No.51134000

>>51133925
Up until yesterday a large portion of the market thought he was half-assing it and would start slowing down before anything breaks once inflation appeared to peak. Yesterday was the first time he said that he would keep fucking going even if it means shit breaking

>> No.51134024
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51134024

>>51132582
If mainstream news doesn’t cover it the US stock market doesn’t give a fuck

>> No.51134083

>>51133488
This was the theory that people were rallying on last month everytime shitty economic data was released that was slightly less shitty than last months data.

>> No.51134086

clown market, we'll pump mid next week or so.

>> No.51134145

>>51132560
Never seen Pepe this tired and stressed

It's tough being a linker fren.

>> No.51134594

no butts posted on this thread ??
definitely, possibly , just maybe
the bottom.