/biz/ - Business & Finance

>>2224566
Get a load of this guy!

>>2224566
Im not going to risk it right now. I pulled my money out and I'm going to wait a few days. A ton of money left the market and I don't see it coming back anytime soon.

>>2224566

it always goes down at the end of each week, on the weekend, and at the end of each month

>>2224598
I too cashed out for the same reason, but man, feels bad to have cashed out all my ETH when it seems to be mooning today

>>2224598
because you're myopic and only look at short term candles.

>>2224614
yeah those green candles look soooo sustainable

retard

>>2224614
Or maybe it's because the whole market is based on speculation and overvalued. Maybe it's because it lost 30 billion dollars of volume in 12 hours which was more than the entire market cap a month ago. Maybe you're just a kike trying to lure retards into giving you more money in a pyramid scheme.

>>2224614
Yeah it can only go up guys! 10k next month!!

>>2224633
Or maybe it's because the entire market had a huge rise and its a correction. And now it's going to continue its rise.

>>2224618
Actually it looks like the textbook definition of a trend. The big rise to 2760 was unsustainable, yes but that's why it corrected.

>>2224657
For that to happen new money has to keep coming in.. People don't want to pay $2500 for bitcoin. Especially when the only way it makes people money is if more people buy it. When money stops coming in the price crashes. How long do you think this game can last?

>>2224680
>Actually it looks like the textbook definition of a trend.

A downtrend.

>>2224566
https://bitcoinwisdom.com/markets/btce/btcusd

12:37:13
2194.997
0.99953
too the moon!

>>2224690
Yeah the 7 longterm green candles are in a downtrend. Holy shit the absolute retards on this board.

>>2224649
Bullshit, 50k this week.

>>2224715
Yeah totally.

>>2224733
WOW that was my whole fucking point retard. My first post was "You're myopic and only look at short term candles" and then what do you do? you pull up a chart with short term candles. If you zoom out, it's clear that there's strong momentum upwards. It was only LAST WEEK that it hit 2000 and everyone found it incredible, now you're so short sighted that you think now that it's 2267 it's a "crash".

>>2224733
Don't even waste your time the guy is clearly delusional.

>>2224770
>Omg guyz it doesn't matter if it just crashed! It's up from last month if you look at the long term candles and will just keep going up forever!!

>>2224770
Yeah this is totally sustainable. RETARD ALERT

>>2224809
WOOOWW WOULD YOU LOOOK AT THAT HUUGE CRAASHH.

>>2224818
Not everyone can stomach being in the long game, broski. their loss, not our.

>>2224857
Not everyone is a retard and some people realize you can make more money by buying and selling at the right times. Like me for instance. I sold all my coins when it was at $2700. I could buy back now for way less than I sold them for but I'm not going to because the market isn't stable and will continue on this trend since new money isn't flowing in like it was and people get tired of the stagnation.

I pulled $5k out due to concern over being stuck bagholding like I was in 2014, this is about double my initial investment and I still have over $30k in crypto. Really took a lot of the pressure off to have already realized 100% returns, far better than my regular retirement account is doing.

>>2224886
>Sells all his coins
>not a retard

Why can't you be more like your brother, anon?

>>2224733
looks like a correction, not a peak and crash

>>2224886
You really think it's going to stay like this for long? I think you're the retard desu. Can't wait to see your reaction when btc is 10000.

>>2224886
understandable, but what if you are wrong and bitcoin starts to rise again quickly and beats the all time high? will you get back in?

newcoiner here, I think the reasonable thing to do is to sell my bitcoin at a 0% loss, but satan is telling me to hold so I guess I'm holding.

>>2225468
Satan is right. keep those bags, sell of small profits to invest elsewhere. Kisses

>>2225468
>newcoiner
>already wanting to sell

yeah you aren't cut out for this, sell

>>2224566
wiat until after memorial day weekend, people could still be wanting to cash out but banks are closed in the US

>>2225555
Witnessed!

>>2225555
>>2225600
I'm gonna have to trust satan and these gets.

>>2224598
Get back in and just set a stop loss. Why wouldn't you?

why so many people claimed it will crash when its not true?

>>2225688
Wow it's up $100 that means everything is fine. 4k next week!

>>2224706
Boom for the madest of lads trading those wee lad bits.
https://bitcoinwisdom.com/markets/btce/btcusd

>>2225688
Alot of newbies saw the 'anatomy of a bubble' chart for the first time, saw it looked a bit like the Bitcoin chart suddenly became economic geniuses.

>>2224566
I think in the next month the price will plummet.

Did you buy the dip?

>>2226608
i did indeed

>>2226608
nope, but i put all my btc into eth at roughly the price i first bought btc, and i've been making nothing but profit since
rn it looks like btc is recovering but it could just be a long bulltrap, i'll buy in if it goes under 1800€ anyway