/biz/ - Business & Finance

Every single year before 2020:
>bitcoin pumps
>alts stagnate
>bitcoin dumps
>alts also dump

After 2020:
>bitcoin pumps
>alts pump
>bitcoin dumps
>some alts still pump

What changed?

>>10785249
Why do so few old time Bitcoiners hold Monero when it is literally Satoshi's vision? In my mind Monero is a filter that sorts the early Bitcoiners who get it and the ones that got lucky.

>>10030666
>referring to your co worker as a “hot shit”
>Cortana, play don henleys greatest hits

Megakek.

>customer buys $70 worth of goods for $70
>/biz/ thinks this is a loss somehow

literal retards

I thought Zclassic was basically Zcash without the founders reward and community-driven...

So what is Bitcoin Private?

>>5473185

Because it's shit, it literally only exists because Poloniex wanted to make a quick buck. People that unironically "believe" in this coin are max level retarded

>have to go to sleep early cause I agreed to work tomorrow
>I make $53,000USD/year and hate my job
>I have over half a milly in crypto
>what do

>inb4 LTC crashes down to $200
>then bounces up to $1000

>>4532821

this

Coinbase, click withdraw, get USD in your bank account in less than 2 days

The fact that people refer to it as "cashing out" like it's online poker shows they don't know jack about crypto

>having a job
>financially independent

lel, that's the complete opposite of being financially independent.

I'm up $4k today. Thanks, Monero. :^)
Now I'm waiting for Ethereum to skyrocket and hopefully I'll be at my 4 BTC I was at back in June. Aside from XMR and ETH, what are some other good mid-term holds? I want to split my profits into five or six cryptos.

>I set buys at $165 just for the fuck of it
>they triggered on kraken

>want to keep my bitcoin safe in my wallet
>but also want to trade it on exchanges
>transfers take 30 minutes to over an hour, so there's no point in transferring back and forth since it will be too late to hop on moon missions

What would you do, /biz/?

ITT: We post non-meme reasons that bitcoin is better than other currencies or investments.

1. You can buy fractions of a bitcoin, but can't buy fractions of a stock.
2. You can easily and safely carry millions of BTC with you while traveling, unlike millions of dollars in cash.
3. In the same vein as #2, you can bypass capital controls if you take your assets out of the country via bitcoin.

>put all my BTC into the latest memecoin
>massive gains and massive losses

>decide to split my BTC into multiple solid altcoins, putting sell orders at 5-20% higher than the buy price (depending on my expectations of pumps)
>some gains, some losses, but consistent overall 4-6% return each week

Is this how you're supposed to trade cryptos?