[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 26 KB, 562x291, Screenshot 2024-03-26 201914.png [View same] [iqdb] [saucenao] [google]
58163049 No.58163049 [Reply] [Original]

Those who bought the peak in 2017 had their convictions thoroughly tested by the bear market. But if they had held, they would be deep in the profit today. Many people say they wish they bought in 2013 or whenever. But the question they haven't asked themselves is: "Would I have held onto it even if I got in that early?". I just want to let it be known that we are STILL extremely early. 30 years from now, people will beat themselves up over not buying Bitcoin for 70k, trust and believe. Generational wealth can still be made in Bitcoin, as long as you follow the simple rule of "never sell". The top could already be in at 73k and we could be going back down to 30k, or we could make 100k and beyond after the halving. The fact of the matter is that 99% of people still have absolutely no clue what Bitcoin is, and so their conviction is virtually zero. This explains the reasoning behind the violent crashes. Bitcoin is not an inherently volatile asset. What makes the price of Bitcoin volatile is the lack of understanding on the side of the average investor. People aren't gonna dump the S&P 500, because they can grasp the underlying value in it. Bitcoin is something they simply just don't understand, so the investor is much more sensitive to price fluctuations.

>> No.58163061

>>58163049
your post reeks of uncertainity.

>> No.58163066

>>58163049
I'm only going to be selling so I can buy more at a lower price

>> No.58163070

>>58163061
>>58163066
ngmi

>> No.58163089

>>58163070
Hmm I wonder what's better, holding through the entirety of the bear market or selling around a reasonable peak of 90-120k

>> No.58163097

>>58163049
Thanks for the top signal. Just sold 100k.

>> No.58163099
File: 232 KB, 2596x1512, gold etff.jpg [View same] [iqdb] [saucenao] [google]
58163099

>>58163089
>proceeds to pump for 8 years

>> No.58163104

>>58163061
I smell it too. He means good, but you can clearly see by his wording that he's afraid like a lil bitch.

Anon, we all get it... It can go up or it can go down. I'm not selling and I'm literally prepared to pay the price for it for I don't care if it takes 10 years, but hey, that's just me.

TLDR; I love how bitched be tripping over a dip. MENTALLY WEAK

>> No.58163109

>>58163099
"THIS TIME IS DIFFERENT"

If that happens, that's great, but I'm not betting on it

>> No.58163134

>>58163049
could've just said buy bitcoin and leave it there, you reek of latefag cope and the anons are noticing

>> No.58163135

>>58163049
>99% of people still have absolutely no clue what Bitcoin is
lol

>> No.58163144

>>58163109
is this how you cope? the entire story of bitcoin is a this time is different story

>> No.58163154

>>58163109
Remember the bear market when we broke previous ATH and people were saying "THIS TIME IS DIFFERENT" to calm themselves of the fact that we might break the previous ATH...

People keep saying "THIS TIME IS DIFFERENT" and making jokes, but then once it happens everyone loses their mind. Remember anon, last bear market everyone KNEW that we won't break below previous ATH and saying shit like "THIS TIME IS DIFFERENT", then it broke below it and people got scared because they thought they'll be bag holding for the next 10 years. Not thinking about a possible scenario is bad, just think for a second that 73k$ is the top, that a 16 year macro cycle is coming to an end and that you'll be the stupid fagget who got stuck with the bags for the next 10 years. Are you going to emotionally be able to take the hit? What exactly are your bags anon? Are they meme coins? Are your meme coins going to survive the 10 year bear market? Do you even ask yourself these basic questions?

>> No.58163219

>>58163154
damn a ten year bearmarket. everyone will have to take a job again instaed of shitpost and buy scamtokens. lol.

>> No.58163259

>>58163144
where's the cope? I've been here since 2017 and the only consistent thing about bitcoin is that what goes up, must come down. you're fucking delusional if you think there won't be another crash again.

>>58163154
thats the opposite scenario I was joking about, but yeah my life would be ruined, thats life I guess? not sure what your point is, are you expecting there to be a perma-bull or perma-bear? i'm sorry but I'm going to take my chances and say that there'll probably be a crash after we top out in q3 or q4 this year.

>> No.58163382

thats what I thought you literal pajeet niggers

>> No.58163392

>The fact of the matter is that 99% of people still have absolutely no clue what Bitcoin is
89% of American population know what Bitcoin is, 22% own bitcoin

>> No.58163399

bitcoin is going up forever. sorry copers

>> No.58163408

>>58163219 The problem is that instead of people buying BTC they're buying meme coins. People just want a quick x10 in 1 day. Look at the 7d % gains https://coinmarketcap.com/view/memes/ ... MEME COINS ARE PUMPING AND NO ONE GIVES A FUCK ABOUT BITCOIN. Do you people not realize that the new people coming in are THE WORST PUMP CHASERS TO HAVE EVER COME INTO THIS MARKET. Do you people really think ANYONE GIVES A FUCK ABOUT TECH AT THIS POINT? SHIB, PEPE, WIF, FLOKI, BONK, BOME, MEME, SLERF. Are you people mentally handicapped? Don't you see what's happening? Every bull run it gets more stupid! Don't you see it? At some point enough is enough, you simply won't be able to get more degenerate and stupid and that's when we'll go into a 10y long bear market, like we did after the DOTcom bubble where 99% of shit is going to get forever forgotten and only stuff like BTC and ETH will survive. But are you prepared to hold for 10 years? Are you?

>>58163259
>not sure what your point is, are you expecting there to be a perma-bull or perma-bear?
No, all I'm saying is that a 10y bear market will hit sooner or later. And that every bull run the market gets more and more stupid, read the above text. Therefore there is an END POINT where you can't get more stupid.

>> No.58163426

>>58163408
oh yeah I agree, this shit is ridiculous, I'm mostly in BTC but riding the memes while they last cant hurt. I believe bitcoin will not only survive but thrive. If the memecoins can be killed Id be fucking glad.

>> No.58163459

>>58163408
i actually agree fren.

>> slerf
that one really did it for me. when i saw the icon/image of this one i completely lost it and i hate the cryptomarket now.

>> No.58163462

>>58163426
So then you can also see that at some point enough is enough and that we'll have to PURGE the market and go into a 10y bear market just like DOTcom did. Yes, DOTcom is now up by a lot, but only a handful of companies survived the crash, like Amazon or Jewgle. It'll be the same here and this might literally have been it. We played around too much with meme coins and that's just the way of the world. Normies fucked up everything like they always do, maybe even the HOLY 100k$ prediction, maybe they'll fuck that up to. But no mater, I'm prepared. If I have to hold this shit back to 0$, wait there for 10 years, then hold it back up to 100k$+ in about 14 years then so be it. I'm prepared for it anons, DO YOUR WORST

>> No.58163488

>>58163462
i already took out 32 what i put in since i joined in 2017 and i recently took out another 100pct so im comfy for the next 5 years even if it goes to 0. so i'll be comf. even if the gigabear happens.

>> No.58163491

>>58163135
Call your uncle who owns Bitcoin and ask him what a block reward is.

>> No.58163497

>>58163488
already took out 2x* what i put in. + initial out. and also have 500pct more inside. so won either way. i did sell recently at 70k. and i wont go back in with that. its for spending in the real w

>> No.58163513
File: 766 KB, 807x748, 18329214934.png [View same] [iqdb] [saucenao] [google]
58163513

>>58163049
This is the most schizo thread I've ever seen on biz, peak uncertainty
I just buy BTC and BTC-associated assets like BRC20 from satoshisync to see my wallet greener

>> No.58163521

>>58163408
>>58163426

Think of it in terms of real estate.

Shitcoins are the business… potentially lucrative but also risky.

Bitcoin is the land. As long as shitcoins are a thing btc, eth, and sol will only increase over time.

Personally i would rather have the relatively stable price appreciation rather than the stress of having to constantly research and gamble on something that will probably rug and be worthless in a year.

>> No.58163543
File: 1.05 MB, 1080x2340, 1709921218837613.jpg [View same] [iqdb] [saucenao] [google]
58163543

>>58163049
j
ew
s lose

>> No.58163596
File: 90 KB, 228x221, 1709045818017244.png [View same] [iqdb] [saucenao] [google]
58163596

>>58163513
>BRC20

>> No.58163625

>>58163513
you haven't seen the threads where LINKTARDS think they can make money.

>> No.58163628
File: 165 KB, 559x423, 1667924016459928.png [View same] [iqdb] [saucenao] [google]
58163628

>>58163513
>I just buy BTC
it's not 2013 anon, don't be retarded.

>> No.58163649

>>58163513
safe bet tbf, but in /biz/ who doesnt risk anything usually doesnt win anything

>> No.58163664
File: 49 KB, 655x643, 8610.jpg [View same] [iqdb] [saucenao] [google]
58163664

>>58163513
you know that when btc dumbs brc20 its gonna dumb as well right? you're basically putting your eggs in the same basket kek

>> No.58163677

>>58163049
Can confirm I bought the top in 2017 with my chump change, topped out at 10k, crashed down to like 1500. Held and continued to buy with my chump change. In 2021 with the uni airdrop and the other airdrops I got to like 20-30k, I took some profits here and held the rest as I crashed to like 3k. Kept buying and finally got into some coins early that mooned and now I have like 100k.

>> No.58163686

>>58163049
Not going to read this but that’s not where we are lmao

>> No.58163732

>>58163259
Topping out this year would make this an extremely short cycle compared to the previous ones. You guys have no basis for thinking it will top out before 2025. Every other bull market topped in the year after the halving

>> No.58163752

>>58163732
>Topping out this year would make this an extremely short cycle compared to the previous one
you do realise bullmarkets usually start AFTER the halving? it's early this year

>> No.58164569

>>58163491
>who owns Bitcoin
If he owns it already, why does it matter to the price of bitcoin whether he knows what a block reward is?

>> No.58164858

>>58163259
the cope is thinking we aren't going much higher, btc is a power law, any "crashes" you buy them

>> No.58164993

>>58163408
I think you underestimate stupidity. Have you ever looked at the default youtube feed in a clean browser

>> No.58166727
File: 103 KB, 400x400, 1710283034781.png [View same] [iqdb] [saucenao] [google]
58166727

>>58163513
Do you use a paypaw wallet at least?
cuz between your tard mini-rant and BTC and BRC20 or whatever that shit is, saying you put your money somewhere safe and flexible for transactions and payment would be the least to redeem your weird ass take

>> No.58166893

>>58163513
Stop astroturfing this post jeets. Nobody is falling for it