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

/biz/ - Business & Finance

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53434442 No.53434442 [Reply] [Original]

I sold 17 BTC for $15650 each. I was only off $200 from the absolute fucking bottom.

>> No.53434509

You were supposed to wait for halvening. Thanks for playing.

>> No.53434513

>>53434442
> he thinks the bottom is in

wait for feb 1st when the fed shows the new rates increase, all the markets will tumble like never before, 2008 will be a joke

>> No.53434529

>>53434513
>one more week bro

>> No.53434563

>>53434442
This practically confirms all rich crypto fags got rich cause they were lucky and have no clue of trading.

>> No.53434622

>>53434529
the next one on feb 1st will be the most important, because everyone thinks the rate hikes are over, however the fed will surprise everyone with a high rate hike

https://www.cnbc.com/2023/01/19/jamie-dimon-says-rates-will-rise-above-5percent-because-there-is-still-a-lot-of-underlying-inflation.html

This guy may be a clown when it comes to crypto, but when it comes to banking he knows his shit. BTC will fall below $10k

>> No.53434649

>>53434622
ducks don't lie
i will leverage myself fully in anticipation

>> No.53434696

>>53434622
If that is true and so obvious, why isn't it priced in yet?

>> No.53434738

>>53434696
Because it isn’t obvious, everyone believes rate hikes are done and are aping into a massive bulltrap

>> No.53434762

>>53434738
The fact that you're using reddit buzzwords like "aping" makes me want to go 10x long.

>> No.53434812

>>53434696
There is nothing priced in, only when the scarcity of money hits the banks then the BTC orderbooks will have less money on the buy orders, because the more expensive the money, the less people ask the banks for, the less money on the markets. 5% is a key psychological mark.

In the 1990s the rates were at 10%, we will get there again.

Plus a reminder that Russia war is still going on and can get much worse any time.

>> No.53434903

>>53434442
I sold ETH at the exact bottom. You shouldn't feel bad at all.

>> No.53434904

Good, hope you kill yourself because your retard genetics shouldn't be passed on.

>> No.53434929

>>53434622
Somebody should tell the bond market

>> No.53434977

>>53434442
That's 99x more value than pajeets and niggers would sell it for, don't worry about it op