/biz/ - Business & Finance

>>28857663
It all ready happened.
>celebrities endorsing crypto for weeks
>people talking about dogecoin in regular situations
>shit-tier reddit groups for new shitcoins encouraging each other to hodl
>aggressive ath at a psychological milestone (50,000)

My fingers itch and I want back in, but I don't want to lose all my gains just for the chance of another 2-3x.

>>28857663
which one is it???half of you guys are saying this is the end and half say the altseason didnt start yet

>>28857663
Sell signal? Who's selling? Maybe in 2025

>>28857663
GME style euphoria

btc hitting 50k

>>28857663
When bitcoin is somewhere between $100k-$300k

>>28858228

This. I'm sitting on Binance short tokens now - been cashing in with those weird nightly dnps - are they system tests for a bigger dump maybe?

>>28858228
Ah, yes. The "bullrun" where ETH doesnt pull a 2x off its previous ATH.

>>28858369
This. But it has to be basically about every coin at the same time.

already sold
I placed some staggered buy orders for coins I actually care about but they range from -15% to -50%

stll got some small holdings to play around with but most of it is in stablecoins or fiat

>>28858228
>>28858413
>>28858499
how new are you

>>28857663
your op

>>28857663
You don't need a sell signal for at least 6 months
The actual sell signal is still far.

don't forget fed money printing. adjusted for usd supply were only barely above 2017 peak, we could have another 10x left.

not taking profit until
BTC hits $400k
ETH hits $10k

but I think most other alts are in a bubble, especially all the fucking no name shitcoins with hundred million mcaps.

I am predicting something similar to the late 2017 BTC run.

>selling BTC
>ever

>>28858664
Enjoy staying poor r*dditnigger

>>28858228
>bitcoin dominance at 61%
>it "all ready" happened
Found the newfag

Maybe after the next stimulus check comes in. Week or so after for the waggies to cash check and buy my bags

>>28858783
and said signal is ?

>>28859563
>"this time it's different"

dunno but I got itchy fingers

>>28860020
>>28860185
yes and yes

Just selling in june no matter what.

>>28858530
Give it two more weeks m8. Buttcoin didn't hit 2x until a month after passing its previous ATH and it's only been two weeks since ETH's.

Saylor borrowing money to buy BTC. Shows that the market is out of capital and literally needs to borrow to go on

U N S U S T A I N A B L E

>>28860704
wasn't bitcoins previous ath like $1000 at that time?

>>28857663
I no longer need to sell into government money

>>28860827
I hope you mean ETH and no, it was 1.4k in like 2017.

>>28858228
When this retard FOMOs back in

>>28857663
When bitcoins at 5k again

>>28860926
no in december 1st of 2013 it was roughly $1000
Bitcoin went up from mid 2016 all the way to december 2017 roughly
We got a long ways to go if it follows the same pattern
But I'm selling on june just to be safe.

>>28857663
I’m not selling and I hold bags from the 2017 pump

>>28861121
>We got a long ways to go if it follows the same pattern

>every pattern is always the same

>>28861548
Its also following the rainbow chart

>>28860968
Based and smart money pilled.

>>28860968
How will we track this new metric?

>>28857663
Three days after Reddit shills the coin I like

>>28860818

>>28857663
Collective crypto market cap of $40 trillion or more. Not joking.

>>28857663
i have a retard friend litmus test cuz whenever he hits me up to explain money thing X the hour is approaching to sell the top

>>28861622
rainbow chart?

Price is steady for now, that makes me think that there is enough accumulation to keep this going for quite some time. It's not a quick pump and dump.

the charts

>>28862179
do people actually do this? everyone basing their exit signals on anecdotal evidence is beyond retarded

Since Tezos is the definition of perfection, I will never sell my entire stack. NEVER

>>28862645
This is /biz/ lol
These people don't trade, they gamble on 1000x shitcoins when they could make consistent gains with technical anaylsis

>>28860023
It'll be time to sell once the obvious scams start 3xing overnight
I unironically cashed out in 2017 after I 3x'd on TRX cause I knew it was the tippy top when everyone FOMO'd the latest shticoin with sub $1 value cause they don't understand market caps.

>>28857663
When it breaks the 20 week MA.

My signal is my mother telling me to buy a coin for her.
She wanted to buy XRP at the peak of the 2017 bullrun.
Recently, she asked about buying Amazon shares, so if you are holding that, I'd be nervous.

>>28860818
It literally show that the entire financial system is rigged and you can make money for free thx to risk free credit, bailouts and negative interest rates
It’s central banks fault and Saylor is just exploiting the system

>>28863049
>consistent gains
>technical anaylsis

>>28863297
I swear that blind belief in TA is the easiest way to spot newfaggots its incredible

>>28860968
basically this, that fear of being priced out of BTC will be delicious, kek

>>28860968
kek based

>>28863389
Opposite. The amount of times I’ve seen people chase shitcoins pumps and me telling them to sell cause it’s overbought only for them to reply TA is bullshit then seeing them get dumped on the next day is amazing.

>selling before people even got their stimbucks
>implying there won’t be more when everyone is on the verge of being homeless
This is the perfect time to hold

>>28863642
confirmed newfag
you don't need TA for this, just see the spike on the chart and threads on biz reeking of curry is enough of an indicator

>>28863389
TA works, it's not my fault that you're a brainlet, kek

>>28863887
>what are BTC spikes during a bullrun?
brainlet, kek

>>28863887
Been here since /biz/ started. Bet you’ll be the one holding everyone’s bags when this run ends.

>>28863976
literally nothing as it get back to normal 1 day later.
and the reply was about shitcoins

>>28864090
sure you were newfag

>>28863893
You know what TA tells you? Something might go up or it might go down. When a TA prediction fails, all TA analysts just start making new useless predictions. Fundamentals are far more important.

>>28864129
Well placed longs/shorts with leverage can net you 100% - 500% gains multiple times a day

I sold everything 2 days before the collapse began in jan 2018. I've used the same sell signal to time the end of every single smallish altcoin season since then, and I've hit it within at least 3-4 days every single time.

I've found the perfect fucking sell signal and nobody ever mentions it in threads like these, so I'll just keep it to myself and hope to god nobody ever discovers it.

>>28858664
>>28858228
>>28858369
Post short

>>28864519
alright then

>>28864317
post your succesful trade history and I'll admit I'm a brainlet

>>28864519
at least say if the signal was hit as of now

I'm already getting sell signals. msm reports daily on btc price and normies are asking stupid questions like in 2017
>is it too late to buy btc?
>where can I buy btc?
>is coinbase safe?
>which bank do I contact to buy btc?
>is it safe to invest $200 in btc?

It's the same shit as always, they read headlines, are desperate to earn some cash fast and fomo in. Happened in 17, happened 3 weeks ago with gme and it will happen again. Normies and media attention is the biggest sell signal there is

>>28857663
My friend who works for a hedgie says he has entered short positions,

>>28864519
>Whatever lies you gotta tell yourself to make yourself feel special

Kike

>>28864317
Post networth.

>>28860704
>Buttcoin
Go back.

>>28864915
There's already stories on reddit of people leveraging literally everything they own to buy bitcoin. But I don't feel compelled to sell yet, even though these were the kind of things which happened before the top in 2018.

>>28864907
It hasn't been hit yet.

Also astrology.

>>28861622
nice meme

>>28858814
Seems legit

The top this time around will be during the second wave of major lock downs for covid-21. Retards will fomo in their last stimulus and all savings. All you faggots will be left behind.

>>28864915
Yup. My normie jock brother called me and said he made 4k off bitcoin on robinhood its fucking over

Will a collapse in BTC price usher in the alt season? Then the combined recovery of BTC and the alt bullrun will give us the golden bullrun of 2021?

Won’t be selling so nothing

>>28865735
No it'll crash hard and everyone will be scared as jews buy it all up. If you guys haven't learned for the past 3000 years that kikes always win I don't know what to tell you.

>>28865856
True, they even found a way to win after the holocaust. They're too smart.

>>28858353
this anon gets it

>>28857663
When my parents ask me about it. Once boomers get into it en masse, it’s time to live. I’d say May or June

>>28865856
they have been "winning" for less than 1000 years though...

>>28865588
>>28866000
My dub dubs and your trips tell the truth. You fat lazy faggots should be buying land right now with your gains, not living in some fantasy world where it's 2019 still and your feeding your ego with cars and dumb shit that only mattered in pre-covid world. Sad to see all the corn you goyim have been eating truly has rotted your brains. You guys say you won't eat the bugs but you already do you filthy fucking cattle.

>>28857663
october 1, 2021 is the date i liquidate all my holdings. because it seems like a nice date.

>>28866235
>he doesn't know jews created every religion for silly goyim to follow. Goyim are so stupid they'll even idolize a Jew!

Once Cardi B mentions crypto

>>28863049
daily reminder financial analysis is a jew lie

>>28857663
short term u should sell right now, not even kidding

the ammount of normies getting in right now is insane, it's the most obvious sell signal there is

long term u can hold until infinity

>>28857663
when i get the call

>>28860704
Go back nigger

>>28866312
buying land does not work, they will take land from everyone who claims to hold it
they invented communism for killing landlords, that route is closed

Crypto is the only way.

>>28860704

>>28858228
>>aggressive ath at a psychological milestone (50,000)

This is the big one for me. If BTC breaks 50k, I'll keep holding. But if it bounces one more time, I'm done. Not going to sit here and watch 2018 all over again.

>>28857663
A 3 followed by five 0s

>>28866781
It's called posting up you weak spaghetti armed faggot.

>>28866781
It can work, always hedge your bets. If we suffer civilization collapse, will you be better off with a self sufficient ranch or crypto?

>>28857663
the last sell signal was normies claiming to be a crypto geniuses coming out of the woodwork shilling "next bitcoin" to boomers on MSM, trying to usurp the network effect.

>>28867903
This spaghetti armed faggot will be coming to live on my plantation for his shit coin wallet because unlike him, I haven't had mommy take care of me.

>>28858228
The fact that all the replies to this are denial and mocking prove his point further. Emotional attachment to positions is a major red flag on any investment. Imagine being offended or upset that someone sold their position. What could spur that emotion?

>>28868159
I'd only accept gold as payment.

>>28868310
His stance is based on feelings and ignores nearly every indicator with a perfect track record giving us more way to go before the top.

Frankly I think we have a lot higher to go. So I'm gonna sit tight. We've held up way longer than we did in 2017. So I'm waiting for another face melting pump and then I'm gonna get out.

At this point even if it all crashes down I'm just gonna hold for the next bull cycle anyways. I have 180k from 20k and it will not change my life in the slightest.

>>28867903
Will DC and centralized finance losing their grip lead to full-bore civilizational collapse, or is balkanization more likely? What do you think you need more, a homestead to survive on your own in a potential devastated post-apoc hellscape, or a store of value that's secure enough to never be seized by a government or faction and portable enough to smoothly follow you into life in whatever State emerges that is most congenial to your interests?

There are literal niggers in literal nigger Africa right now who are trading day-to-day goods via cryptocurrency, because it's literally *already* the easiest way to have a currency in the absence of stable or reliable central institutions. If they can do it, why wouldn't the Balkan States of America to come do it too?

>>28868547
Sentiment is the ultimate driver. Fundamentals above all else. TA is just the study of fundamentals on charts. It is a lagging and subservient method of market analysis. Useful, but not better than fundamentals.

>>28858436
I’m going to set up a creeping stop loss when we pass 100k. Worked great last time.

>>28868351
>gold
HAHAHAHAHA STFU BOOMER NO ONE WANTS YOUR SHINY ROCKS. GIVE ME FOOD TOBACCO WATER OR COFFEE

HAHAHAHA

>>28868800
It's unlikely, but with a successful stint in crypto trading, it should be trivial to set yourself up for success for both scenarios you outlined.
>>28869084
>tobacco
>coffee
Why do you want things wagies need to cope?

>>28865267
Alright I'll bite. What is it?

>>28869357
because he is a wagie

>>28869357
It's a form of payment I would accept to flip to normies for double the price. I'd have solar and a node running so crypto payments are possible. No one will use gold is my point.

>>28857663
January 2021 or 500k BTC

>>28868310
The fear he's right. I know I'm afraid he is. Too much weird, too much normie, Elon wildcarding BTC with his huge buy. Only thing keeping me in the game is the worry of being priced out if we don't tank enough. We're gonna tank, but will it be far enough to warrant bailing until later in the year...

>>28869497
I'm taking end of civilization collapse levels of apocalypse. Those third world countries that use crypto for payments are still countries. Let me clarify that gold or silver should not be your mainstay investment in this day and age, buy have a safe full of silver and gold could help yourself considerably if things get bad. Assuming you've already got your food and ammunition supply assured.

When the fed starts mentioning they're taking a good hard look at stablecoins, particularly stablecoins outside of their regulation purview
(FinCen is not a regulatory body) for systematic risks.

Oh wait that was last month.

>>28862201
https://www.blockchaincenter.net/bitcoin-rainbow-chart/

Also use a fucking search engine next time you gickbag

>>28870049
Sure, if I have to up and leave for whatever reason I really don't want to lug around rocks. There will be plenty of helpless boomers along the way with these shiny rocks if I need them. I would def grab coins and such while scavenging.

>>28870374
Yes yes, buy you still want a small supply of silver or gold to entice boomers for actually valuable things such as food or medicine, ect. Then you grow food and the such to trade for more silver or gold or whatever shiny rock is.

>>28866352
28 days before the blow off top hits its high. Nice

The general intelligence of my friends, atm its smart/smart/greedy/smart/slightly less smart. Brainlet n1 has been getting pretty curious recently

>>28870049
But why would a place like the US skip right over looking like places in the Balkans or Africa and sink straight into State of Nature Hell? If the federal government collapsed literally overnight, our State governments would still preside over day-to-day governance in a more or less recognizable and normal-ish way. Bickering over control of regional Utilities-coordinating entities like PJM Interconnection might cause some disruptions, but on the whole? If niggers in nigger Africa can maintain enough infrastructure to bargain with Crypto using cheap cell phones, Balkan America is likely to pull that off trivially.

>>28870579
Boomers get shot on site they had their chance, they are too old and feeble. Realistically I wont be trading unless I am truly depleted of a resource I cannot find.

mock me all you want but i just don't see a 60% retracement ever happening again in these global market conditions. I'm happy to hold long term

>>28869493
he fells it deep inside his anus, clenches it and sells. thats the signal, a big shit

>>28870684
It's not. He's just a boomer trying to justify holding a bunch of shiny rocks. We'll be like Nigeria at worst.

>>28871028
This. Crypto bear market 2018-2020 happened because traditional finance boomed and the USD stayed healthy. The only reason to think crypto is going back down is to assume that USD/traditional finance isn't.

>>28857663
when SNL does a skit about crypto

>>28867903
If civilization collapses there will be no one (except yourself) to guarantee your property.

>>28858303
this place is fucking horrible

>>28866387
>he cant differentiate jews and jews

>>28861128
based brainlet

>>28863079
>obvious scams start 3xing overnight
name the 2017 shitcoins that did this