/biz/ - Business & Finance

I have been saying this for years and you retards can't see it.
BTC goes up, everything else goes up
BTC shits the bed, everything else does
This is literally just a BTC market.

>>28754255
everyone has always known this haha

>>28754255
priced in faggot

>>28754255
>you retards can't see it.
Do you think you’re special nigger? This is crypto 101

>>28754154
Hi, you must be new here.

>>28754154
Did you just figure this out? Altcoin markets are complete dogshit, and a self fulfilling prophecy. BTC is the only thing that ever matters, literally over 99% of the time. The last two weeks of alt season irrelevant to BTC price were a rare blessing.

>>28754154
New fags....

>>28754255
because btc is a reference point for crypto in general. if btc fails, then what the fuck hope does any other shitcoin have? bitcoin is the proof of concept at the root of the entire ordeal, and without it there is no ordeal at all.

>>28754366
i've been around for a while, new to the shitcoin market is all

>>28754154
>crypto market
>market
there's an answer there somewhere... I just can't spot it.

waves are the only green colored crypto money in the falling market :)

>>28754154
How fucking new are you? Yes, whenever there's a bitcoin dump, all the alts follow

>>28754255
>Me huge brain
>Me say loud what everyone see with eye closed

>>28754255
I noticed this ages ago, it is so stupid and makes no sense. I mean, yeah, it is obvious it is because of bots but damn, you would think there would be enough people to actually independently prop up the price of everything else.

Everything is down for me kek.

>>28755477
bro... overly diversified

>>28755340
I think people see BTC dump and they start to exit their other positions

>>28755206
>bro just bet what you can afford and set reasonable limits
know nothing know it alls getout

>>28755538
it's bots faggot
people don't sit and watch the market all day like you all retards do

>>28755535
What's wrong with a bit of diversity (in my portfolio)?

>>28755477
I gotta check those digits bro
But, that is the shittiest portfolio I've seen on here
You'd be better off all in Doge

>>28754154
now show us the one with bonded.finance

>>28754154
It's literally just reading bots doing this. Trying to get more sats or some other shit.

>>28755638
You're better off going all in on one project with the amount of money that you have.

>>28755837
he's better off ordering a large pizza and taking a nap with the money he has

>>28755632
It's 50/50. The bots are the ones doing the very first altcoin sells nanoseconds after BTC dips the slightest. But then you have panic sellers legitimately exiting to BTC after their alts have already taken a shit. And then they get JUST'd when everything bounces back the next day.

>>28755477
your portfolio is fucking atrocious

>>28754154
crypto is btc's market

>>28756030
all $37 of it

>>28755477
Zcash... Damn your hopeless

>>28755684
>>28755837
>>28755944
For the most the rises and the drops have been connected with each other on my portfolio. I'm not too worried about making it with that wallet. Kraken has limited offerings and this is an experiment for me. I'm going all in on mining and want to watch and learn from this so I know how to handle my mining earnings. I had some doge I sold that I got from 2014 so this all play money to me to be honest. I don't have much faith in doge btw, although this cycle has been different for it.

>>28756178
>I'm not too worried about making it with that wallet
no shit

>Bitcoin is 60% of the crypto market
>Surprised when the crypto market reacts to Bitcoin

>>28755477
I hope you're memeing with that portfolio...

>>28754154
Yeah its called bots.

>>28754255
This. Trading BTC with leverage is safer and more profitable than trading shits.

>>28755477
And USD always at 0%, that coin is so rigged!

>>28756279
Just so everyone knows, that's the percent change over 24 hours. Not from buy in.

gravity

https://www.flippening.watch/

when eth becomes higher it will be the true golden bullrun

>>28754255
BTC will die a slow death. It's too slow to operate on a global level to accommodate billions of users. No to mention, it's increasingly becoming centralized. Other coins that are scalable, far more decentralized, and secure will overtake the market and become the digital currency widely accepted and used on a global scale.

it's A shame that no other coin has soLved the blockchain trilemma that plaGues the cryptO world to become that currency capable of servicing of billions of users with ease...

>>28756609
ETH is a shitshow of a coin

>>28756624
This is some premo late adopter cope. Any increase in actual usage and adoption outside of the crypto market thus far has always resulted in disproportionate support and adoption of Bitcoin against all and any altcoins.

Every wonder why all the billions of old money are flooding into Bitcoin and nothing else? It's simply too late to expect a pivot now, Bitcoin has become the only relevant money in crypto, and is by an order of magnitude or more the most decentralized (aside from Ethereum, no alt even gets close).

It's easy to dismiss Bitcoin when you're a crypto-boomer that missed out over 12 years, but the people with money and power literally don't give a fuck about your crusade to get rich with $10,000. They're happy dumping billions into Bitcoin and they won't be buying your bags.

>>28754255
>>28756376
>link goes from under 50 cents to over $30 in 3 years
>btc goes from 3k to just shy of 50k
>almost 4 times the gains of btc

>as soon as the market shits the bed btc maximalists come out of the woodwork spewing this garbage
I look forward to you guys pulling a disappearing act when alts outperform btc again

>>28755477
bro..

>>28756976
You sound like warren buffet, a guy who made a fuckload of money in an old market but is slow adapt to the new market
you can hang on to old faithful all you want but there will be a FAANG of crypto eventually

>>28756624
You sound like me the first week I got into crypto. Didn't take me long to realize that Bitcoin was daddy for a reason, and that won't be changing any time soon.

>>28754154
The market revolves around dinocoin because of it's name recognition. It's technologically inferior to everything else but normies don't know or care about that. If you want safe investment just stay in dinocoin.

>>28755477
Other then being diversified, what's wrong with my portfolio? Just to clarify, my mining earnings are all withdrawn as bitcoin, so that won't show in my portfolio. I know there's a few shitcoins in there like Tron (but that one actually made me money).

>>28754154
if this is new to you, you probably are unaware of API3 as well

>>28755477
HAHAHAHAHAHAHAHAHAHAH

>>28756178
Yeah man good call, just fucking sit on the side lines during a bull market.

>>28754154
is there a site or app to show multiple charts like that?

>>28754286
newfags haven't figured out yet

>>28755477
these are the kinds of portfolios that go to zero in a bear market

>>28754154
Proof crypto can never work because for a futureproof coin to replace BTC means BTC would have to die, thus killing all coins

>>28758234
Zero chance it'd go to 0. It'd hit $1.87...

>>28755477
This is the worst image I have ever seen. What the fuck bro....

>>28757521
Genuinely sometimes I read posts like this and I think... Is it actually hard to make it with crypto or do you just have to be smarter than the other 99% of people who are on this tier?

>>28756535
This is what spherecucks actually believe.

>>28754286
>Says the most obvious thing in the world
>Claims he has some sort of knowledge that others just don't understand/accept
The absolute state of biz

>>28757060
Kek
Every time

Drc did NOT move in lockstep -- in fact it rose 30%. This is where to go

>>28755477
Is this satire

>>28754154
welcome to crypto dear plebbitor

>>28755477
Nothing but dead shitcoins and memes lmao

>>28754255
You midwit wsb faggots have to go back

>>28754255
who in the world has ever implied this? I FUCKING HATE REDDITFUGEES.

>>28755477
Holy heckers, not a ludo portfolio!

>>28759193
What's a ludo portfolio? Does it mean I'm sitting on gold?

>>28754154
Is this your first correction? This is isn't it? You just walked over here from gme a week or two ago didn't you?

>>28754255
https://www.blockchaincenter.net/altcoin-season-index/

>>28755477

>>28759484
I feel like this perfectly described 80% of the board now

>>28754560
So you're new around here then

>>28754154
what else is new?

>>28754154
Bear trap?

>what are bots

great thread

>>28755477
pick 3-5 coins, then just invest in those after researching them properly, lose 50%, then immediately cash out whatever you have left then close your account

>>28754154

its almost as if btc is the gold standard of crypto

stop being a poor wagie and buy a real cryptocurrency

>>28761090
be nice, they're new


just kidding, what fucking retards

>>28761220
>Lose 50% then give up?
This is shit advice

>>28761335
looks fine to me

>>28754255
Ya need to go back

>>28755477
>5 cents worth of dogecoin

>>28755477
What the fuck..

>>28754154
>>literally all in lock-step with bitcoin

Yes.

>>28755477
Are you still stuck in 2018? Because minus a couple of coins that looks like a 2018 gambling portfolio

>>28761335
it's /biz/ 101

>>28757060

>>28761884
/biz/ 101 is buy high sell low, then repeat

>>28756532
Your percentage change to the dollar is irrelevant. You need to be trading based on satoshis. See op.

>>28755477
>700$ in a billion coins
Lmao

>>28755477
this is hilarious

>>28761335
welcome to the party, fren

>>28755477
jesus christ anon

>>28756624
I crackded the supersecret agent code.

>>28754154
Plenty of coins that literally went up instead.
Just select all the ones that went together with bitcoin and derive a theory from it theory.
You're a fucking retard.

>>28754154
I am all in PROS so fuck you faggots