/biz/ - Business & Finance

[Anonymous No.6834341]

How long do you think /biz/ we will have to wait until the next bull run ?
I'm considering selling everything and coming back in the summer as the bear market will continue.

[Anonymous No.6834434]

you will never see a bullrun because you post this reddit tier garbage-jack in some desperate attempt to subvert the one true wojack. It is so desperate and sad that you faggots are trying so hard to force yourselves in here and try and strip away what makes Biz Biz. Exit bag yourself you dumb faggot

[Anonymous No.6834539]

>>6834434
The new wojak come from /biz/.
It is more beautiful and realistic.

[Anonymous No.6834908]

Muh bull run. Go back to your homeland faggot.

[Anonymous No.6834936]

>crypto is done
>Drumpf is getting impeached

It's all over isn't it? Better find a job.

[Anonymous No.6834968]

Good luck timing the market. The day after you sell the market will suddenly pump 200%, when you FOMO in again it will drop.

[Anonymous No.6835034]

Listen folks, these dubs should be proof enough that March is gonna be the greenest month you've ever seen. You're gonna be tired of winning.

[Anonymous No.6835054]

>>6834341
If a real bear market will come, then it will be 1-2 years long. More and more people will slowly start to lose interest in cryptos again. The upcoming global recession will insure that no new money is arriving to invest for a while also.

After 2 years, everything bottoms out, is undervalued and moving sideways for months. This is when people have forgotten what cryptos are. This is when you buy in again.

[Anonymous No.6835343]

>>6834341
Strange memories on this nervous night on /biz/. Five years later? Six? It seems like a lifetime, or at least a Main Era—the kind of peak that never comes again. /biz/ in the middle 2017s was a very special time and place to be a part of. Maybe it meant something. Maybe not, in the long run . . . but no explanation, no mix of words or music or memories can touch that sense of knowing that you were there and alive in that corner of time and the world. Whatever it meant. .

History is hard to know, because of all the hired shills, but even without being sure of “history” it seems entirely reasonable to think that every now and then the energy of a whole generation comes to a head in a long fine flash, for reasons that nobody really understands at the time—and which never explain, in retrospect, what actually happened.

My central memory of that time seems to hang on one or five or maybe forty nights—or very early mornings—when I left /biz/ half-crazy and, instead of going to sleep, aimed my big stack at NEO, BTC, ETH, going at a hundred miles an hour towards ATH wearing L. L. Bean cash shorts and a Butte sheepherder's jacket . . . booming through the Treasure Island tunnel at the lights of monero and stellar and ripple, not quite sure which turn-off to take when I got to the bitcoin fork (always stalling at the toll-gate, too twisted to find neutral while I fumbled for change) . . . but being absolutely certain that no matter which way I went I would come to a place where people were just as high and wild as I was: No doubt at all about that. . . .

There was madness in any direction, at any hour. If not across Europe, then up the Golden steppe of asia or down 101 to Australia or even India. . . . You could strike sparks anywhere. There was a fantastic universal sense that whatever we were doing was right, that we were winning. . . .

[Anonymous No.6835380]

>>6834341
come back in 2 years. srs.

every coin will drop a lot lower

[Anonymous No.6835384]

>>6835343
And that, I think, was the cup and the handle—that sense of inevitable victory over the forces of Old and Evil. Not in any mean or military sense; we didn’t need that. Our energy would simply prevail. There was no point in fighting—on our side or theirs. We had all the momentum; we were riding the crest of a high and beautiful wave. . . .

So now, less than five years later, you can go up on a steep hill in in the archive of /biz/ and look West, and with the right kind of eyes you can almost see the high-water mark—that place where the wave finally broke and rolled back.

[Anonymous No.6835441]

>>6835054
Based off this do we not have another 500% before the downturn?

[Anonymous No.6835508]

>>6834434
we keep posting these new memes because they are fresher. I don't think anyone on /biz/ doesn't hate reddit

[Anonymous No.6835531]

>>6834341
every normie cunt already invested in shitcoin, there are no more greater fools left

[Anonymous No.6835691]

>>6835441
With more people buying in, the market is going to be less and less volatile. That means the peaks and valleys are going to be closer to the log curve.
The 2011 peak was percentage wise farther away from the line than the 2013 peak. Now the end of 2017, the peak can't be much higher. At the "spread" chart, draw a line from the first peak to the second and extend that to now. It will be pretty close to the peak that just was.

We have also broken a parabolic rise of BTC that started since 2015. This being a small step of a much bigger parabola is highly unlikely. See the image posted now.

[Anonymous No.6835706]

>>6835531
yep, and those that haven't but want to are waiting for a crash. Which means at least we will have someone to buy our bags.

[Anonymous No.6835860]

>>6835691
So we are heading to 8-10k for a while. I am fine with that. I have most of my value in alts. Do you see them rising even with BTC being in a bear?

[Anonymous No.6836045]

>>6835860
I see BTC heading to 8-10k for now as well. With probably a bounce back to 14-16k in ~2 weeks for a while and the slow bleed will then start again. The current drop has been way too steep.

I see the whole market slow bleeding. When BTC falls, the alts will fall further, when BTC recovers, the alts also recover better. Long term everything (alts as well) go down still.

But nothing is 100%. I might be a 14 y/o from Moldova talking shit outta my ass on 4chan.

For example, as I said:
>This being a small step of a much bigger parabola is highly unlikely.

"highly unlikely" !== impossible

[Anonymous No.6836071]

>>6835691
Hmm yea, we are probably looking at a multi year bear market (no joke). So the best you can do right now is wagecuck and buy cheap coins. After a few years the market will turn bullish again. The recent crashes are to fresh in people's memories. People need to forget again there was a huge crash like this. Then they will start up the rampant speculation again. Either way, selling is your best bet for the moment if you want out. If you are patient and lazy like me you might just hold for a few years and reap the benefits later. So yea, do you need the money now or later is the main question.

[Anonymous No.6836188]

>>6836045
Alts with no use but flowery promises and those that are just pure vaporware will bleed. The ones with use that have big announcements will still pump. February will be a big month for some of the tokens because those are the ones with actual use right now.

[Anonymous No.6836268]

>>6836045
Still can be profitable in a bear market though, just have to be one with the short. After the VEN, ICX, and XLM announcements I might just move to all BTC and do daily shorts.

[Anonymous No.6836298]

Fuck all of you and your dumb, shit-ass opinions.

[Anonymous No.6836322]

>>6834539
It looks like some tumblr redditor garbage

[Anonymous No.6836328]

>>6836298
Not everything is butterflies and rainbows broh, just trying to face reality.

[Anonymous No.6836375]

>>6836188
I think something like 97% of coins will bleed. The better ones will bleed as well, but not just as much. Amazon supposedly went from $100 to <$10 in the dotcom crash.

Good alts will fall less than the average, shitcoins will completely die out. If a coin gets good news at some point, yes, it will pump for 1-3 weeks, before starting the journey down again.

[Anonymous No.6836451]

>>6836268
True. I am starting to think about shorting at some point soon as well.