/biz/ - Business & Finance

>>15165205
Nothing pathetic about 125k ftm dude. Nothing pathetic about making money. Hold and next year a very good chance you are holding over a mil. What people dont understand, or have forgot, when cryptos take off, it's not an up and down line. It will go straight up and people will be chasing it knowing they fucked up.

Dont end up like this fool

>>15134348
>Even now I am afraid to throw anything over a $100 into anything.
Here's why you're a nocoiner.

>>15090875
People give Schiff too much attention, he's not some kind of economic expert he's a meme at this point and is just using the attention to pimp his gold business. He was given a free copy of actual Austrian economist Saifedean Ammous' book The Bitcoin Standard and didn't even read a chapter of it before debating him. All he knows about austrian econ is their business cycle theory, regarding anything else he just bastardizes austrian economics just for the sake of shilling gold, "intrinsic value" is the arbitrary category of whatever he likes and understands as a boomer.

I believe that the previous altcoin season was a result of people getting rich on bitcoin, and then their friends hearing about it and getting jealous, their friends feeling they missed the boat and wanting to buy into bitcoin and then buying alts. ( “Cheap alts”) Right, but they were never cheap when the speculative bubble was happening. So this time because a lot of people missed this 5x move from the bottom, and a lot of retail wasn’t in when that happened, then we have a lot less bragging to friends, so we have a lot less friends googling looking for the next alternate thing..

And I think you tend to get altcoin season after you have a bull run in bitcoin. But since so many missed this bull run, it’s kind of just perhaps getting started now, then maybe a year after its run, people look for alternatives enough to have a run on the altcoins. And I don’t think it will be the same altcoins, I think it will be new altcoins. Why? Because everyone who bought and got rekt is sell pressure now, because they bought higher. There’s a lot of people holding bags from higher who are happy to get out at break even after sitting through all the pain. But when you get into a new coin, that doesn’t have a bunch of bag holders from higher, then it’s easier price discovery with less people pushing the price down with their heavy bags.

Another alt season doesn’t have to happen. If google searches don’t pick up, if retail doesn’t pick up, then I don’t think that larger entities are trying to get into shitcoins. And that’s the reason that bitcoin has out performed them all recently (nearly all of them). So alt season is not a guarantee, and I think maybe a year and a half from now if we get one…

>>15056107
It's happening again bros

>>15002431
If your hands are that weak you never would have made it anyways.

>selling

>>14817488
and you get fucked forever if you sell

>selling link at $2.70

What is your go all in price?

>trading bitcoin on a linear chart

Nobody buys Bitcoin to transact, they buy it with the same mentality as gold. LN and shitcoins are irrelevant. Sorry Tim, you missed the bottom, AGAIN.

JUST

>>13252750

>>12951273
Start your own company and actually build a product. If someone one day wants that product sell your company for a comfy $50 million then retire.

lmao this is what happens to those "take profits broOOOOooooOo" faggots

lmao this is what happens to those "take profits broOOOOooooOo" faggots

lmao this is what happens to those "take profits broOOOOooooOo" faggots

>>12856251