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/biz/ - Business & Finance


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51572672 No.51572672 [Reply] [Original]

Youtuber midwits are turning hyper bearish saying they expect years of a bear market

>> No.51572773

>>51572672
>years of a bear market
that's the bull scenario. don't worry bobo, keep your shorts open and everything will be alright

>> No.51572799
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51572799

>>51572672
>>51572773
Soon.

>> No.51572800

>>51572672
The fun's over, it's overdue really.

>> No.51573025

>>51572672
Feels like EVERYBODY has been bearish and doompilled for at least 4 months now, even longer on /biz/. Pretty sure countertrading only works with bullishness at this point lmao. Pretty much nothing but number go down for nearly a year

>> No.51573040

>>51572799
Checked and bullpilled.

>> No.51573057

>>51573025
recessions typically last less than a year. only 8 months to go!

>> No.51573094

>>51573025
Nah. Youtubers were high off of hopium talking about "where to long" all the time. With the recent fed meeting, they are getting filled with despair and some think it's going to crab/dump to low 10ks and even then, crab some more for years. Before they said this, I already had that mentality (not for years though. That's just fucking retarded). Now that they share my similar sentiments, it makes me think the jews are going to giga pump it. Market from 30k to 69k was fake as shit so whales could easily do whatever they want end of the day. I don't like it when youtubers share my sentiment.

>> No.51573097

>>51572672
Alex Becker? he's a fucking retard

>> No.51573112

>>51573057
No. It confirmed in August. Going by averages, that would put the end in January. Would make sense too going by btc years charts i.e. one intense bear market year and then 3-4 green years.

>> No.51573131

>>51573097
Like 5 relatively popular ones. I don't want to name them. Feels fucked up to shit on them even though I think they are retarded.

>> No.51573445
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51573445

>>51573025
We haven't even seen Capitulation yet, let alone Despair. We've got at least 50% left to go from here.

>> No.51573467

>>51572672
If I hear a shoe-shiner say that it's over, it's time to buy,

>> No.51573495

>>51572672
and cf is going long this is the man who said 65k was the top forever

>> No.51573562
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51573562

>>51573094
yeah bear IQ has dropped off a cliff in /biz/ since the dump to 17k and it's gotten even worse recently. most are just parroting shit you can hear watching any mainstream financial news. haven't closed my short yet but looking at the bond market I think we're close to something breaking and prompting a pause in rate hikes and a rally to ~45k, something like the mini bull in 2019 after a final capitulation crash to ~10k that blackpills people into thinking we're entering a depression. I have no idea though, I am retarded.

>> No.51573594

>>51573445
Holy fuck you are one dumb fucking permabear retard, you're never going to make it you greedy faggot

>> No.51573604

>>51572672
>he only realised this now

>> No.51573606

>>51573025
You mean from when Bitcoin puked from $30k to $17k and can't even hold $19k?

Sounds like a very good time to be bearish

>> No.51573656

>>51573445
30k to 17k was absolutely a capitulation event. big players fell in liquidation cascade dominos, luna blew up, the market was panicking. I wouldn't be shocked to see even more capitulation and 50% down from here at the absolute bottom if we get some kind of black swan to trigger it but >>51573594 is right you're retarded for sucking off that meme chart

>> No.51573706

>>51572672
>>51572672
Crypto will die
Did you really think the kikes would let you become rich overnight?

>> No.51573752
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51573752

>>51573706
I'm in a short, retard. I'm guessing your autistic for missing the nuance. It's also a midwit take to also be a perma bull forever. Pic rel

>> No.51573816

>>51572672
Normie retards were bullish the whole way up. Being a blind contrarian has been one of the absolute worst plays for years now.

>> No.51573984
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51573984

Opposite for Germany/Austria/Swiss. The finance YouTubers here all should to buy cheaply and continue as always, they are usually below the average US finance midwit so this is a strange signal to me.

>> No.51574131
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51574131

>> No.51575497

>>51573984
I mean european stocks are super cheap right now. not just single sectors but across the board. lets face it, realistically, there are decades of strong economic performance in the EU and Eurozone left, even if all turns sour, this little Putin hick-up is basically totally overhyped and in reality the longer this conflict goes on the stronger Europe's position will become, because the initial energy shock is already past us and even though supply is short across the globe, time is on Europe's side. I have little hope in political solutions but markets will find ways to tap the wealth that has been and will continue to stay in Europe for probably hundreds of years. I am bullish on the West even amongst all the trash politics because time has shown that the only people that actually make a difference in this world are European people, everyone else just leeches off of our drive, passion and genius. Asia, America and Africa cant hold a candle to the achievements made by western and middle Europeans over the last 1000 years.

>> No.51575775

>>51572672
That’s a good thing, unironically.
When the bottom comes it’s not going to be a time people want to buy. It’s quite literally a bottom for that reason.
>sellers have sold and no one is left to buy due to immense fear of it getting worse
Right now people are still happy to buy with the expectation the fed will pivot and the worst is over.
We don’t get to the true bottom and despair tier sentiment without things getting worse and influencers convincing their followers that it’s the end times and crypto is dead forever.
Jerome is going to absolutely buck break the labor market to the point where everyone will be too worried about where their next paycheck is coming from to be thinking about fucking crypto shit.
The final act will be the housing and labor destruction. Bon appetit