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/biz/ - Business & Finance

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53136288 No.53136288 [Reply] [Original]

Wait, so you're telling me people are waiting for a recession to be officially announced before selling? Aren't you, uh, supposed to sell before that?

>> No.53136307

>>53136288
Recession is already here and we are approaching the bottom.
All the dumb fucks waiting for 5k-10k BTC are the same dumb fucks who fell for the 300K EOY BTC meme.

>> No.53136317
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53136317

>>53136288

I never fucking sell.

>> No.53136428
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53136428

>>53136288
Selling?

>> No.53136437

>>53136288
The entire market is full of dumb fucks who procrastinate. It reliably tanks a few days before each fed meeting because people realize they don't want to hold through Powell's announcements.

>> No.53136692

Sell? What?
And if you were not positioned for the recession 12 months ago you're already fucked.

>> No.53136780

>>53136288
We have been down +90% already, the bottom is in. Also, never selling.

>> No.53136829

>>53136288
Everyone already sold. If you sell now you sell the bottom

>> No.53136844

>>53136288

What is the point of this post? Obviously the time to sell was a year ago. Now is when you start buying.

>> No.53137141

>>53136288
No, you're supposed to buy. By the time the recession is announced, bottom is way past being in.

>> No.53137150

>>53136780
90% down can still go another 90% down

>> No.53137210

>>53136288
They're going to sell when they're told to sell. We don't call them normalcattle for no reason.

>> No.53137228

>>53136307
So 11-14k btc then?

>> No.53137411

>>53136829
YOU SAID THAT WHEN MY DOTTIES WERE $25

>> No.53137542
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53137542

>>53136288
The bottom is when the recession is announced.

>> No.53137606

>>53137150
No it can’t retard you’d be at -70%, they aren’t gonna make it so you have to pay back like $30k Bitcoin
Read a book

>> No.53137655
File: 59 KB, 768x512, Renaissance_oil_painting_by_Michelangelo_of_a_crowd_of_people_in_the_VIP_booth_at_a_soccer_pitch__hi_Seed-8618774_Steps-60_Guidance-50(1).jpg [View same] [iqdb] [saucenao] [google]
53137655

>>53136288
Wall Street is waiting for retail capitulation before letting it rip. The peons can't be allowed to hold through the dip. The whole point of using a recession to halt inflation is to concentrate losses outside of the elite while the economy corrects. If you can't do that, there's no point, you might as well hyperinflate.

>> No.53137709

>>53136288
Sometimes a recession never comes

>> No.53137801

>>53136288
Delet

>> No.53137803

>>53137606
fucking kek