/biz/ - Business & Finance

High IQ discussion only.

First act: Bitcoin takes a huge shit, reminding everyone that this IS NOT a bull market.

Second act: Link starts immediately pumping for absolutely no reason at all EXCEPT that whales are getting nervous because they know the end is near. The timing is a huge red flag.

Third act: The higher Link goes the worse it gets for whales to dump their bags because there is no real money flowing into crypto right now, just Tether. Binance whales are getting desperate by the minute because that's the only exchange where USDT volume is going through the roof and they panic every time they remember having all their shit parked in a shitty chinese unregulated exchange.

This link pump is nothing but a huge red flag for all crypto. That said, I'm never buying link, because I know all the Jewish Chinese tricks these fags are using.

I don't really imagine all of the shit from last bull (OMG, WTC, VET, ICX. AION, RLC, NANO, whatever) ever really seeing a bull run again. BTC may drag them up somewhat but I think the likelihood is they keep tanking down CMC until they are well out of the top 200.

Just like the top 100 coins of 2014 are nowhere to be seen now.

The only altcoins worth holding are those that were not part of 2017 and came after. So most of the recent shills here, shitcoins or not, should do well (QNT, LTO, FTM, NKN, RSR, ONE, BOLT, etc etc). Simply because they've yet to have a manic hype cycle.

The only exception to this is LINK, which is going to $1000.

Discuss.

>>14257848
The high IQ thing to do is check tether treasury every day and observe whether tethers are going in or out. Once USDT is being withdrawn back into the accounts it means we're in for a retracement. Right now tether is being issued and transferred outbound every day.

There is no evidence that hard work matters in any of the fields studied. In fact, factors other than hard work make up 80% of the difference in ability between two people

The teams know each other and have talked about a collab.

ONE is much higher market cap, though it's already on binance so has a bigger chance to pump right now. NKN is like rank 200 so lots of room to move up but still no top exchanges.

Thoughts

>be incel
>post on incel forums
>Know the admins
>did several interviews
>mfw I see the blackpill talking hold and normalfags going frantic with damage control

>>14169365
>literally buying the top
I bought in at 280. Get on my level. Also help oh god im bleeding money

>last time you had sex
>biggest holding

I'll start
>one year ago
>BTC

>>13975690
research fundamental and technical analysis.

read as many books as you can, aim for 2 books per week.

find coins/tokens that are founded and backed by reputable and well known people.

find a coin that got dumped recently, figure out why. if its for a bullshit reason and that coin is actually viable and needed in the economy, buy and hodl.


look at long term and not short term, day trading is for retards and faggots.


ill recommend some books since im actually not a troll and want to help.

An Altcoin Trader's Handbook

CryptoAssets: The Innovative Investor's Guide to Bitcoin and Beyond

The Internet of Money

The Intelligent Investor: Revised Edition

Technical Analysis of the Financial Markets

Rich Dad, Poor Dad

Rich Dad's Guide to Investing

The Essays of Warren Buffet

you're welcome

The price will move or it will not

>>13954108
As crypto gains more and more global acceptance, ETH will continue to be the de facto standard upon which smart contracts and tokens are issued. Despite what all the "muh can't scale" and "muh ETH killer" autists scream. Just HODL.

Bitcoin is going updown

>tfw thought of a genius business idea but have no idea how to code and have no friends to ask for help

>When your IQ is too high to relate to others
>When you sold everything to buy 20k LINK
>When you don't bother arguing with your mom about getting a job or HS degree because you know you will be a multi millionaire soon

I'm convinced that you don't even need to consider any other coins in the market at this point. Go 50/50 in each and enjoy the retirement in 2021.

Whoever is trying to pump Bitcoin right now is in some deep shit.

> No retracement for months
> Extreme price action that resembles an irrational buyer / borderline insanity.

My guess is Binance is 100% fucked up and probably the only player right now. If you buy Bitcoin you'll end up holding the heaviest bags you've ever seen because that exchange is about to go bankrupt unless some unaware big cat buys an insane amount of BTC in the next weeks/months.

This is not a bullrun, you are consistently being tricked by chinese bagholders.

You've been warned.

>>13833328
More like what's going to happen to bitcoin faggots when tether imploded and their stupid monopoly money goes to sub $100

What money should I value more: physical cash I have hidden or the money in my checking account

Some basic facts
99% of Bitcoins Volume is through tether
Without Tether, bitcoin would have a price of $1000
All major price movements are made through via Whales because of the low liquidity of the market
You can't predict the market
Exchanges like bitfinex hunt shorts/longs in order to make profit

>>13682239
>high fees
>mattering
So what if I have to spend $1000 to send $1? It's trustless. You wouldn't understand brainlet

Let's take ICX as a random example. Currently rekt. But if BTC is 100k, it only needs 12k sats to hit USD ATH, which is just 2x in sats from here.

If BTC is 250k, it just needs to hold current sats (which is basically an ATL) to hit USD ATH again.

Realistically there will be an altcoin surge if BTC is at those numbers so alts that have good liquidity still and didn't outright exit scam will probably far surpass ATH.

Refute this

Is that good? What are the chances I'm a multimillionaire in 2022?

All the late 2017 shitcoins like REQ, VET, AMB, OMG are done. Imagine holding any of these.

You need to be in coins that were birthed during the bear market and yet to be exposed to a market wide bull run.

Fundamentals don't matter. Just has to be new, and shillable.

HOLO
RVN
FTM
ATOM
NKN
LIT
AERGO

i literally dont give a fuk. it doesnt matter. just buy something like this and hold. you will be rich

Can we get a non retarded price discussion going? What’s going to be the catalyst for the next bull run? There’s a bear echo room going on saying this 2.5k bullshit with nothing to back it. A lot of smart traders seem to think the bottom has already been hit