/biz/ - Business & Finance

>yfw you now realise 2017 was the first sell off

>>24388685
It's a bear trap.

>>24375838
It's a bear trap

STOP FUCKING USING THIS! >BTC pre-bullrun price Jan 2017 was $720.
>Post-bullrun, its lowest was $4,916.78
If this chat is correct, BTC should have been $300 post-bullrun.
If you're gonna use a chart, use the fucking BTC chart!

>>24349692
This was the first sell off, so yeah, it'll go up.

>>24291365
This is the first selloff we’ll have one more drive down. 14k wont break tho

>>24288608
>he doesn't know what a bear trap is

>>24281607
It's the first sell-off.

We’re clearly at the first sell off!

Does not resemble the “return to normal” at all!

CHAINLINK will never be below $14 again

>>24239005
Na but 21k will come quick, I expect the “First selloff” to occur at 22-23k

>>24221175
delusion

>>24221183
greed

>>24220913
greed

>>24170252
>Afraid I'll lose it all
Lol
Friend, take the leap of faith right now, trust me you will not regret it
I got into ethereum 4 years ago on a whim, I saw a thread on the front page of 4chan from /biz/, started reading and now I'm at $280,000 net worth about to be over a million next year

Ironically it is too risky not to get into Bitcoin, and you don't have much time to get in and still enjoy long term capital gains tax rates before the next bubble pops which should peak in December of 2021
You have to get to work very soon
Watch Bob Loukas, starting with his very first video, it should get you up to speed

You have the amount of money, the leverage and the mindset to be able to get into this space and be one of the last "oldfags" a few years from now, which will be those who hold more than one Bitcoin
You have the right idea that you don't have much time before it could leap higher, keep ahold of that mindset but also realize that bitcoin can and will dip 30% at any time even during a bull market, but don't count on it and certainly don't wait on it
Your main concern is getting under those long term capital gains rates (holding for at least 1 year) before you sell the bubble top in ~December next year, wait one year for the bear market to bottom like it does each time, then buy back in for the next ride
Do what I say and you'll make a generational amount of money, secure yourself a citadel ticket

>>24103608
You're going to sell during the first sell off and get absolutely JUST'd.

26k will unironically be the first selloff/shakeout, back to 20k

Further evidence We’re unironically in takeoff

>>24050472
Initial Takeoff phase happened once we broke through the 3 year downtrend at ~12k

>>24046326
>>24046406
>Weathering a bear market and an ~80% drawdown after a parabolic peak rejection for absolutely no reason
It's happened 3 times before now for the same length of time and it's going to happen again

>>24046382
That's what makes it b*sed

>>24046443
It's not about evading taxes altogether, but legally avoiding them where profitable
That's why I'm considering the Puerto Rico thing because even after -$15,000 in paperwork and charity + living there for 7-8 months it's still more profitable than paying taxes here
I'm young so I don't have any real attachments yet

I'm also thinking about (since I believe the bubble will peak in December '21) selling like half in December '21 and the other half as soon as I can in January '22
They'll both be under longterm cap gains but they'll be on different tax years, so the brackets start back at 0 right?

>>23977276
>Why is normie money a sell sign?

>>23970457
Were at return to normal arent we fuck

Where are we?

>>23837180
i wouldnt be so sure. media is already picking up steam. CNBC and bloomberg both ran segments on btc last week.

>>23833418
>pumps hard
I think we are in the "media phase" right now. Buckle up bois.

We are in the delusion phase