[ 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: 3 KB, 200x200, download.png [View same] [iqdb] [saucenao] [google]
8924620 No.8924620 [Reply] [Original]

Who is /tethered up/ here?

>> No.8924638

Me

>> No.8924646

>>8924620
I was tethered from earlier on, but got back in too quick. I still saved myself the first downbart though, just not this second one.

>> No.8924665

>>8924620
What's the downside to tethering?

>> No.8924667

Tethered too early but feeling /comfy/ assuming we get the red candle to end them all. Seriously, I want to see this go straight to hell, 6500 or below would be God-like

>> No.8924684

>>8924665
Tether implodes and you lose all your money

>> No.8924696

>>8924667
It's inevitable, maybe we'll see a big red candle before a real bull market

>> No.8924697
File: 14 KB, 531x366, burn_it.png [View same] [iqdb] [saucenao] [google]
8924697

>>8924620
whatever, let it burn

>> No.8924727

>>8924684
Chances of this happening?

>> No.8924730

>>8924665
The whole "if it implodes you lose everything" FUD and the fact that if BTC goes up while you're tethered, when you buy back you get less than you used to have (while risking to lose more when it inevitably corrects from the pump that you missed).

>> No.8924737

>>8924727
more than 0% less than 100%

>> No.8924752

>>8924737
Accurate

>> No.8924771

I have been tethered since the last time we were at 8400. Still no reason to get back in.

>> No.8924874

>>8924665
They push BTC price up 1.2k and you miss out. And it doesn't come back down.

No trollerinos, the only downside is if you miss the jump and in a case of going from 6.7->8k you can potentially have to buyback in higher than you cashed out if you are sleeping