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

/biz/ - Business & Finance

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52343869 No.52343869 [Reply] [Original]

Who are these retards shorting right now?

>> No.52343929

>>52343869
Me, and some of my other friends that actually know what's going on.
If you're buying the CPI pump while all the FTX stuff is going on, you're gonna have a bad time.
And not to leave out an important point of interest, Nasdaq is up 6% today on the idea that inflation is officially cooling to which BTC is strictly tied to. There's no way by next week we're not going lower.
I increased my short position by 20%.

>> No.52343937

>>52343869
have you noticed an influx of reddit spaced posts?
buttcoiners are happy to part with their fiat in an attempt to "own" you.

>> No.52343976

>>52343929
I had someone arguing with me telling me we'd hit 11k EoW yesterday.
not happening.
yea, you won't see you're wrong until next week, you'll even think you're right headed into Monday because we always crash on the weekend.
Better have a short expiration date on those shorts.

>> No.52344019

>>52343929
Inflation has officially peaked and the fed is most likely going to stop any remaining rate hikes they had planned. There's no way markets will ever go lower from here again.

>> No.52344070

>>52343869
>short when it pumps
>long when it dumps
Basic crypto investing 101

>> No.52344170
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52344170

>>52343929
>he still thinks inflation is going up
top kek

>> No.52344209
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52344209

>>52343976
Funny thing is 11K is possible end of week depending on how Alameda pans out. Never underestimate how leveraged big players are, they always have an exit and strict levels in which they're ready to cash out. There is no "belief" in crypto when investors are unhappy.
>>52344019
>Inflation has officially peaked
Probably, but that doesn't mean borrowing rates are sky high. The layoff wave has begun. Housing is somewhat crumbling. The health of the economy overall is not strictly 1 to 1 on inflation levels - the true midwit take.
>>52344170
As above.
If you seriously think inflation lowering = everything's fine tomorrow then you're psychotically disturbed. Taken deeper, the Fed and anyone with more than two functional brain cells understand that we need to see ^multiple months of positive effects of Fed actions in order to pivot.^

Whenever /biz/ gets the opportunity to be smart, the general population rejoices in the opportunity to elegantly display their profound retardation.

>> No.52344297

>>52344019
And the market is still out of control and front running the rate hikes. The fed wants to tank the market so when that 25 or 50 BP hike is priced jn jpow is gonna btfo everyone with a 75. Screencast this.

>> No.52344426

>>52344209
>Funny thing is 11K is possible end of week depending on how Alameda pans out. Never underestimate how leveraged big players are, they always have an exit and strict levels in which they're ready to cash out. There is no "belief" in crypto when investors are unhappy.
$11k btc EoW is impossible.
look at Hedera, it's my leading indicator on btc price movement.
it's traded by bots with the same algo btc is manipulated with and is more volatile as a result.
when it's volatility drops and stablizes, btc's price goes up.
might "re-test" $16k on Sunday.
headed back to $22k next week, probably this time next week.

>> No.52344451

>>52344019
I love the fact that retards say this with a straight face, then walk into home depot/grocery stores and not read price tags being 2x-3x. Being perma bull is mental illness

Lol
Lmao even

>> No.52344493

>>52344426
>muh hbar indicator

wtf do you even listen to yourself you absolute retard? Wtf am i even reading?

>> No.52344546

>>52344426
Look like we are heading to 11k next week bois

>> No.52344582

>>52344493
This board is literally 0 iq retards, thinking bottom forming in 1 day

Fuckin clowns

Your bags will be literally worthless, and u will be being for prices to go up

Look at these shitcoins

Some of them make ath against btc (matic)
It's not even close to be over

>> No.52344745

>>52344582
>thinking bottom forming in 1 day
I just took a peek at the last cycle where Bitcoin was cut in half after multi-month resistance at $6,000 and I was pleased to find it took almost exactly a full month to reach $3,000.
Plenty of ups and downs in between, but holy shit Bulltards are wild. We were at $22K a few days ago and now they're rejoicing at almost touching the previous low.
This all screams to me we have further to go. No, I don't think Bitcoin will hit $11,000 that would need some serious FUD which I don't see yet, but, I do think $11K is significantly more likely than $30K in the short term.

Bears have a golden opportunity right now to force the market lower and I'm banking on their side, for now at least.

>> No.52344777

>who are the retards shorting at 60k?
>who are the retards shorting at 50k?
>who are the retards shorting at 40k?
>who are the retards shorting at 30k?
>who are the retards shorting at 17k?
You're here
>who are the retards shorting at 10k?
>who are the retards shorting at 1k?

>> No.52344795

>>52344493
>>52344582
redditards unaware even angry at the HBAG indicator.
seethe you gay bears.

>> No.52344976

>>52343869
lol ye i got around 220$ fee for short position on sol/busd
out of 350$ profit i got poop keklelrofllamo

>> No.52345659

>>52344976
exchange name ?

>> No.52345829

We are going to 12K. The question is not if, but when. I’m thinking March/April 2023, but not so sure about that.

>> No.52345875

>>52343869
ahem, dead cat

>> No.52345906

>>52343929
You are correct directionally but your timing is wrong, your stop is now being hunted.

>> No.52345936

>>52345906
It literally doesn’t follow why crypto should go down because of what you wrote

>> No.52345963
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52345963

>>52344777
Witnessed

>> No.52345970

>>52344019

Haha inflation decreases by a smidgen.

Even with projection we don't get to 3.5% by 2024 maybe 4% at best.

You're both naive and fucking retarded if you think there won't be any further rate rises.

IF SOMETHING APPEARS TO BE WORKING (RATE RISES) YOU KEEP DOING IT TO TEST.

Holy shit it's embarrassing that we live on the same planet.

Don't forget that if markets rally that is also an indication that the fed hasn't gone far enough.

>> No.52345995

>>52344426
>might "re-test" $16k on Sunday.
>headed back to $22k next week, probably this time next week.
Ding ding ding. Clear out FOMO longers before retracing this "black swan" nothingburger event.

>> No.52345999
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52345999

Me.

>> No.52346182

>>52345970
Pivot in two months
>formerly four times two more weeks
go back

>> No.52346228

>>52345936
Retard
>price dumps
>normgroids pile in short at the bottom
>>ie BUYING BITCOIN with borrowed funds
>price of Bitcoin inclines
>smart money scalps long to liquidation prices of late shorts
>sell short with profits from liquidation
>price craters further
This is why the first move is always fake, even more so in bear.