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/biz/ - Business & Finance

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26330183 No.26330183 [Reply] [Original]

1. Smart money who sell at the top (when rappers start talking about btc its the top period). They unload and wait 2-3 months for their next buyin.
2. The midwits. They buy near the top, pretend they baghold but get paper hands at -50% and exit the market.
3. The normie tourists. They get completely rekt and sell at the absolute bottom.

I'm the first kind, I know there is ZERO support above $12K and it will only take 2-3 weeks maximum to get there. I exited the market 17 days ago. Bulls will certainly get another shot at 35-37k but it's the end of the bull run.

>> No.26330247

>>26330183
"le hodling to le moon" is a very reddit mentality

>> No.26330722

>>26330183
I don't get why the philosophy of selling it for more than you purchased is looked down upon. If anything is factual, its that btc runs in cycles andy you can always reenter cheaper later.

>> No.26330792

>>26330247
And getting burned selling too low or trying to time the market is the biz way

>> No.26330830

>>26330722
Knowing when to sell seems to be even harder than when to buy. If the differential on the investment is positive then you did good, its all that matters

>> No.26330850
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26330850

>>26330722
>don't get why the philosophy of selling it for more than you purchased is looked down upon
It's a psyop pushed by insincere bulltard con artists that just want to dump on you.

>> No.26330963
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26330963

>>26330183
>bought at 8k
>sold at 40k
Feels good to be the smart money
next play is defense stocks btw

>> No.26331003
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26331003

You're forgetting the fourth: doesn't care about shitcoin and just comes here to post bobos

>> No.26331017

>>26330183
Wrong yo
Ima rapper and sold the top too

>> No.26331034

>>26330183
No, smart money sells into strength and are out before the absolute top
>I'm the first kind, I know there is ZERO support above $12K and it will only take 2-3 weeks maximum to get there.
Nope. Great support at 27k.

>> No.26331058

>>26330183
And then there's the people who are never selling, literally.

>> No.26331092
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26331092

>>26330183

very based anon

>> No.26331096
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26331096

>>26330183
I bought in at $12K back in October and sold at $36K a little over a week ago.

Here's to hoping we see a colossal drop this time around

>> No.26331104

>>26330963
DFEN gang wwa

>> No.26331287

>>26331096
I did a chandelier exit. Started unwinding at 38 and am down to a tiny .3 btc this morning when the 10 day trend hit a new low.

>> No.26331345

>>26330183
You missed an archetype

>> No.26331353

>>26331058
Depending on their strategy, might be okay.
If they are investing like it’s the stock market, they are gonna have a bad time.
But I’ve considered taking crypto seriously and dropping 100 bucks into every project with a sliver of future potential, then 100 bucks in every ICO.

Then never sell, just wait until it’s an official currency and spend it with insane gains.
It’s like a 50 year plan, but it might just be the best way for a poorfag to truly make it.

>> No.26331383

>>26330183

me smarter than you.

I shorted @ 40k and have bought the dip now

>> No.26331437
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26331437

>>26330183
>1. Smart money who sell at the TOP
>I'm the first kind
>I exited the market 17 days ago (price 29k)

LMFAO

>> No.26331447
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26331447

Post your trades so I can screencap them for future generations to learn from

>> No.26331504

>>26330183
>50 ma, 200 ma support at least
try harder, plenty of support areas till 12k

>> No.26331562

>>26330722
My reason for holding and buying dips is taxes. I want long term not short term.

>>26330830
That’s greed. If you’re short term or trading, holding on too long to max out gains after you’re already in a good profit is greed. I was actually up for the first time since 2018 and I didntcsell a coin because I believe these cycles provide an excellent chance for accumulation and long term investment. I just don’t wanna pay the taxes for short term gains. I’m swinging big and long.

TLDR: caring about other people’s bags is pretty gay, have a strategy and stick to it.

>> No.26331624
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26331624

>>26330183
Who am I?
>buy the bottom
>sell when btc hits 100k

>> No.26331632

>>26331437
kek thats embarassing

>> No.26331694

Just swing trade your whole stack guys, kek. Good goys

>> No.26331710

>>26330183
Lol you're a larping overtrading faggot who probably has shittier real returns relative to a monkey who just DCA'd for the last 3 years. Enjoy getting fucked on taxes.

>> No.26331787

>>26331562
How are you not taking a tax hit by selling and rebuying? The rebuy doesnt stop the tax hit.

>> No.26331849

>>26330183
>>26330183
But you told us you got out before $20k. So you must have had to buy back in on the way up, and lost loads of money? Basically you're full of shit, really, and always seem to have 20/20 hindsight.

>> No.26331866

BTC will be back at 40k next week. Now it's time to rebuy. I Just bought 120K RSR.
Basicly Free money because it will rise 30 percent within one week. Same for ETH

>> No.26332041

>>26331866
Based on what exactly ?

Hostile admin, bad economy and bullrun out of steam.