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

/biz/ - Business & Finance

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53374164 No.53374164 [Reply] [Original]

I bought at 15k but my gut is telling me to sell ASAP

>> No.53374178
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53374178

>>53374164
We're exactly in the same position as April 2019.

15k was the generational bottom like 3k. Just unironically hold

>> No.53374186
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53374186

>>53374164

Sell.

>> No.53374190

then do it?

>> No.53374195

>>53374164
Do it faggot so i can raugh when it pumps on without you

>> No.53374198

>>53374164
don't get caught up in short-term moves. If you bought at 15k you need to be thinking years out.

>> No.53374202

>>53374164
sell now

>> No.53374248

>>53374164
sell desu

>> No.53374253

>>53374178
>>53374186
>>53374190
>>53374195
>>53374198
>>53374202
>>53374248
huh?

>> No.53374255

>>53374164

I bought 18.6k, sold today for 23k.

>> No.53374258
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53374258

>>53374164
Do it. You're in the same position as the anons who bought at 5900 in late June of 2018 and then considered selling at 8400 in late July. It was clearly the absolute bottom and everyone who didn't buy had "missed the bottom" etc and the golden bullrun had started, shills were crying that 3k was delusional bobo cope and a meme etc. Then it bottomed out to 3124.

>> No.53374276
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53374276

You went and infected yourself just now, wtf.

>> No.53374296
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53374296

>>53374164
sell NOW

>> No.53374316
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53374316

>>53374178
Jerome actually announced that he was scaling back interest rates in early 2019. There was zero reason for him to do this because he had been maintaining rates to keep ahead of inflation.
He pivoted because Trump twisted his arm, wanting a booming stock market. So when covid hit, Powell had to no choice but to cut rates even further. You're now seeing the result.
The bullish case depends entirely on Powell ending rate hikes too early when he has already made the mistake of doing it before. Doing it now when the dollar has already plummeted guarantees that inflation will boomerang hard and Americans will suffer. Powell would fully take the blame.
You think he's going to tell Congresss, "Well, I had to because Bitcoin needed le epic golden bull run"?
This isn't the same as April 2019.

>> No.53374361

>>53374164
kek everyone will tell you not to sell because they need it to go a bit higher. You do you.

>> No.53374431 [DELETED] 

>>53374164
BTC is extremely likely to dump from here, but even if it doesn't and you sell now and it pumps a bit more first that means you'll only miss a tiny bit of gains. Let's say it it breaks over the resistances and briefly jumps to 24k or even 25k, that wouldn't make any real difference and it'll still dump back down under 15k anyway. Don't be greedy. And on the off chance that it isn't, it still basically is.

>> No.53374447

>>53374164
BTC is extremely likely to dump from here, but even if it doesn't and you sell now and it pumps a bit more first that means you'll only miss a tiny bit of gains. Let's say it it breaks over the resistances and briefly jumps to 24k or even 25k, that wouldn't make any real difference and it'll still dump back down under 15k anyway. Don't be greedy. This is the top of the rally. And on the off chance that it isn't, it still basically is.

>> No.53374564

>>53374258
>he thinks we're going lower

AHAHAHAHAHAHAHAHAHAHAHAHAHHA

>> No.53374597

>>53374164
You don't make it by panic buying and selling. Stop being an emotional cuck.

>> No.53374604
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53374604

>>53374564
The bottom is sub 10k, as /biz/ has been saying for 2 years now.

Clearly you're new here and that's okay, just know that /biz/ is very good at predicting BTC bottoms. In the 2018 bear market the vast majority of our bears predicted the 3k bottom many months in advance (want proof? here you go - here's a collection of over 60 screenshots of posts months before the 3k bottom: https://a.cockfile.com/PqhaCN.rar ) and the vast majority of our bears predicted an 8k-10k bottom for about two years now (contrary to what the paid shills wanting you to believe otherwise will tell you).

To the newfags who aren't aware of that, see: >>/biz/?task=search2&ghost=yes&search_text=bottom+10k&search_subject=&search_username=&search_tripcode=&search_email=&search_filename=&search_datefrom=2021-02-04&search_dateto=2022-11-07&search_op=all&search_del=dontcare&search_int=dontcare&search_ord=new&search_capcode=all&search_res=post

That search result shows posts mentioning the word bottom and 10k before the so-called "FTX" dump (didn't happen because of FTX). The reason for displaying the search results that way is that shills claiming 15.5k was the bottom and saying it won't go to 10k are now claiming the 10k calls were only made after that "FTX dump", which of course is totally false. Hence why the results are set to show posts before that event. Scroll down to the bottom and click on the [+24] etc buttons to view older posts. Naturally when anons say "10k" they also expect a small dip below that, not for the price to stop at exactly 10k, and sometimes anons said 9k and 8k and 9500 etc, and also posts like "11k to 9k" etc, so that search result does not show all 10k-related posts; only those saying specifically 10k. Unfortunately there were even more 10k posts on /biz/ than what warosu is capable of showing, because many were archived only on wakarimasen (warosu wasn't archiving during that time) and wakarimasen is down.

>> No.53374664

>>53374604
i've been on /biz/ since it was created in 2014 with dogecoin and i've been in crypto since early 2013. You're some fucking newshit loser trying to justify today's price action based on what happened last cycle. You're fucking wrong and the market is going to show you that and rub your arrogant little face in it if you continue thinking like this. I don't have to do shit, the market is going to kick your teeth in and you're just going to have to deal with it. Sucks to suck.

>> No.53374679

>>53374164
follow math laws, just sell 36%

>> No.53374733

sell, im trading and i prefer consistent profits than letting whales rape my anus

>> No.53375364

>>53374316
Finally a financially literate post. Fed can’t afford to not continue rate hikes, everyone believingnotherwise is in for a rude awakenong