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/biz/ - Business & Finance

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57614552 No.57614552 [Reply] [Original]

Stock Market is hitting a double top as the coinmarketcap for all crypto will reach 8-9 trillion dollars this cycle, which if adjusted for inflation is equivalent to roughly 4-5 trillion dollars in 2000 (dotcom bubble peak).

I think this is the cycle of take as much profit as you can out and diversify. We're experiencing an early bull run because of institutional money pouring in, and the laggards who will follow will barely keep it afloat. Eventually new money will run dry and profits will be taken and panic selling will commence. It's not going to be like other post-halving events, we could be in for a decade long bear market because of a combined stock market crash and crypto bubble burst. We're at unsustainable levels of growth, lead by an outdated and energy guzzling asset.

I'm obviously not an expert but I feel sick inside knowing the chaos that is going to ensue.

>> No.57614576
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57614576

>>57614552
two more weeks

>> No.57614625
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57614625

>>57614552
>coinmarketcap for all crypto will reach 8-9 trillion dollars this cycle, which if adjusted for inflation is equivalent to roughly 4-5 trillion dollars in 2000 (dotcom bubble peak).
It's going higher, but this probably is the final bullrun. I feel that shit, but I'm going to enjoy every second of the green

>> No.57614808

>>57614552
sounds exciting

>> No.57614828

>>57614552

Indeed the last frenzy bubble with all shitcoins mooning regardless of the utility.

In the next decade only useful coins will remain.

>> No.57614843

>>57614552
I'll start thinking about this when people are asking me or talking about crypto

>> No.57614996

>>57614576
gold rises and falls as well, anon. but bitcoin is not nearly as stable and reliable as an asset.


>>57614625
Probably not much higher, regardless I'll be gradually pulling out as we rise.

>>57614808
it is, just don't be left holding your bags. stakers I think are going to be in deeo regret after this cycle given their zealousness.

>>57614828
going to be a blood bath for all, people are forgetting how ruthless media will become during this period.FUD for days.

>>57614843
my parents are my sell signal. the moment they ask me how to buy im out completely. i tried getting them in when btc hit 3k, but were doubtful. when the fomo hits them sayonara.

>> No.57615538

Cat's out the bag from yesterday. Normies starting to catch on. I don't know how long, maybe 6 months we have. What do you guys think?

I had 2 people ask me what shitcoins to invest. Some had messed around in 2017-2021. My other friend was being asked by a mutual friend of ours that he wants to get into stocks/crypto.

>> No.57615774

>>57615538
at least one more year following the halving, could be a little longer is institutional investment drives serious momentum. by that point just get the fuck out and ignore all the fags bragging about staking rewards and all that idiocy. we're literally in 1999 and bezos is still operating from his garage.