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13980294 No.13980294 [Reply] [Original]

Give it to me straight /biz/ should I go long or short? I've been feeling like BTC was overbought anyways, but I'm also feeling like it could bounce back

>> No.13980298

>>13980294
just do it

>> No.13980339

>>13980294
Always go long on disruptive tech.
IBM
Microsoft
Apple
Google
Tesla(lately not so much)
Bitcoin
Ethereum
All disruptive technology and all pretty much exclusively go up in the long term. Granted nothing can pump forever, but i wouldnt bet on crypto reversing the overall upwards trend until well after it is the global monetary standard. Yes, there will be dips, but time in the market trumps timing the market almost every time.

>> No.13980344
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13980344

>>13980294
Dump eet

>> No.13980375
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13980375

>ViaBTC starting to mine BSV
>CSW tomorrow on Bloomberg
>CSW soon on 60 minutes
>BSV literally in the middle of a Cambrian explosion

Lol, yeah long BTC

>> No.13981028

>>13980375
But I hold bsv too. For short term profits of course, because Craig is a fraud

>> No.13981250
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13981250

BTC is the shittiest of shitcoins but it's bought by boomers who give us a chance to get back at them so I hope they keep buying it until I can cash out of this ponzi scheme.

>> No.13981338
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13981338

>>13980339
>>13980339
>IBM
>Microsoft
>Apple
>Google
That's the survivor bias. Also the government isn't disrupting Google's business because their interests are the same. Crypto on the other hand is the opposite of it.

>> No.13981383

>>13981338
Fuck everything about fiat

>> No.13981808

>>13981338
The government literally cannot beat crypto though. Its impossible by design. At some point, they are just going to have to hop on board.

>> No.13982363
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13982363

>>13981808
>The government literally cannot beat crypto though. Its impossible by design.
They already beat it.