[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 99 KB, 1024x1104, bitcoin.jpg [View same] [iqdb] [saucenao] [google]
52952083 No.52952083 [Reply] [Original]

>shitcoins are not engineered to kill central banking, they are engineered to transfer your money to a few insiders, preminers, scammers and venture capitals - they will cashout and dump on you
>FIATs like USD/EUR/GBP are all fake, printed out of thin air, unlimited supply, permanently bleeding SHIT-CURRENCIES
>BTC is engineered to attract (futile) attacks by central bankers, governments, mainstream media, keynesians and parasites cause it makes them all irrelevant
>BTC has no top cause all FIATs have no bottom
>BUY ON SPOT MARKETS ONLY
>NEVER USE DERIVATIVES like futures and options, they are just USD-only trading on fake paper-BTC, they dilute the supply canceling the scarcity effect, kill the price discovery, and help market manipulators to keep the price down with naked short selling
>when you keep your money inside an EXCHANGE you are getting SCAMMED with FRACTIONAL RESERVE and you are exposed to risk of CONFISCATION
>NO KEYS NO PARTY, use hardware wallets, move your coins into cold storage, BACKUP your keys/seed
>NEVER TRUST CENTRALIZED PARTIES (exchanges, banks, custodial services, lending platforms, centralized shitcoin wraps like WBTC)
>CBDC (central bank digital currencies) are a SCAM, central bank rugpulls, they will lose value even faster, kill your privacy, restrict your ability to freely spend your money
>DO NOT SELL WHEN THE MARKET IS TRYING TO SHAKE YOUR POCKETS, BUY MORE
>don't try to time the market, 50% crashes are normal, do not leverage, 2X long leveraged traders will get wiped out
>DO NOT SHORT, LONG LEVERAGE, SWING (or you will lose it all)
>BTC is not a get-rich-quick scheme, it's a don't-get-poor-slowly scheme
>run a full Bitcoin Core node, don't trust, verify
>CoinJoin
>use non-custodial LN wallets for small tx
>don't think it's too late, it's never late, FIATs will always keep bleeding purchasing power
YOU ONLY HAVE ONE TASK, BUY SPOT AND KEEP YOUR PRIVATE KEYS SAFE AFTER WITHDRAWING YOUR BTC INTO COLD STORAGE
DON'T FUCK IT UP ANON

>> No.52952585

>>52952083
poor bastard, your ass will be soooo raped

>> No.52952614
File: 1.68 MB, 1118x1494, 4287423423.png [View same] [iqdb] [saucenao] [google]
52952614

>>52952083
>December 2017
20k
>December 2022
16k

Nice inflation hedge bro, imagine holding half a decade just to be underwater and getting outperformed by the S&P500

>> No.52952630

>>52952083
>FIATs will always keep bleeding purchasing power
hi, my bitcoin lost a ton of purchasing power, is it broken?

>> No.52952731

>>52952083
not buying your bitshit bags pajeet

>> No.52952837

Kek you sound like that delusional retard michael saylor
Enjoy holding that shitcoin all the way to 0

>> No.52952861

>>52952614
you waste so much time posting this.
maybe %10 of the lurkers here don't understand cycles. you are retarded

>> No.52953198

Ah yes, btc, the 1hr+ transaction time, $1+ transaction fee, and zero scalable wonder coin that's truly the epitome of satoshi's white paper.

>> No.52953249
File: 33 KB, 640x591, FiqFXNpWQAAHKXB.jpg [View same] [iqdb] [saucenao] [google]
52953249

>>52952861
>Bitcoin cycles will repeat forever trust the plan!

>> No.52953582

>>52952614
Imagine only buying absolute tops like a fucking retard over the last 5 years

>> No.52954306

>>52953249
Unironically yes as long as we have boom and bust cycles fueled by debt

>> No.52954408

Gonna' say it, the dark horse BSV. Not going to kill Central Banking but happy to run alongside.

>> No.52954429
File: 11 KB, 228x221, 243789348.jpg [View same] [iqdb] [saucenao] [google]
52954429

>>52954306
Literal NPC that drank the maxi koolaid. Shouldn't have listened to retards like Saylor

>> No.52954441
File: 57 KB, 976x850, frog.jpg [View same] [iqdb] [saucenao] [google]
52954441

>>52954429
Your words are empty

>> No.52954445

>>52953582
2013 top : $1200

2017 top: 20k


And that's x18 after 4 years...stop coping you're pathetic

>> No.52954806

>>52954429
>dude trust me, fed is gonna keep raising rates forever, there will be no more cheap money fuelled bubbles, trust me dude, tightening is forever, the US government and all 3 letter agencies are going to start spending less, military is gonna shrink and government reduce in size, spending and debt interest are going down bro, trust me dude, 100%
quit drugs anon
before you blink twice we are going back to zero/negative interest rates, FED is literally playing ping pong with them, boom and bust cycles are only gonna increase in frequency and intensity