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/biz/ - Business & Finance

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55250445 No.55250445 [Reply] [Original]

There must be newfags here who weren't around for the 2017 bullrun. After reaching its peak in January 2018, everything crashed and we entered a three year long bear market. Basically every alt dropped to 80-90% of its ATH, while BTC crabbed and dumped for years. Check the chart of any shitcoin you want, and you'll see it follows this trend. Alts only follow BTC, so everything you're holding is as good as dead until BTC starts making strides towards its ATH again. It's only been two years since the peak of the 2021 bullrun, so there's still plenty of pain left to go. But if you believe that crypto will continue to survive, this is peak slurping season. Just prep your bags for 2024-25. Even dead shitcoins that peaked in 2018 and never fully recovered still managed to reach a sizable percentage of their ATH in 2021. If you're married to your bags, you'll probably still be able to recover a fair amount. When the next peak comes, just be sure to take profits.

>> No.55250469
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55250469

>cope baggie crypto is over

>> No.55250481

>>55250445
>After reaching its peak in January 2018, everything crashed and we entered a three year long bear market.
What? The bottom was in March 2020 and up only from there.

>> No.55250505

>>55250481
My bad, you're right. It took three years for BTC to return to its ATH is what I meant to say.

>> No.55250902

There’s more downside left before upside that’s for sure

On that note, will you guys share your newest bags and why?

>> No.55250963
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55250963

>>55250445
Monero will prove different than the Jew Ponzi coin BTC. Speculator niggers already gone, just a currency backed by Cocaine and such. You take profits from that to a coin (USD) that has lost 99% of its value and is posed to lose even more and more Zimbabwewe style? You are a dumb nigger who deserves slavery you have envisioned for yourself. At least you got that part figured out.