/biz/ - Business & Finance

>>49734877

That's when you're supposed to buy tho

>>49734895

>>49734877
somebody too retarded to know we're not at the bottom yet

>>49734877
Who called me? A retard? Who called me a retard?

>>49734910
I’d rather miss out on a pump so I can be sure it’s genuine then buy at this level, it seriously looks like it’s about to make another leg down.

>>49734877
Wtf is it?

>>49734934
>Buy high
>Sell low
The /biz/ way

>>49734877
Looks like a double bottom, its gonna melt up kek

>>49734877
well /biz/ and most cryptards are completely delusional about crypto's prospects

>>49734877
no clue, max fear means everyone is selling means literally the worst time to buy.

>>49734877
someone is obviously buying otherwise there would be 0 green candles at all and i would be raping you and then eating you for food. obviously we are not fucking there yet

>>49735026
You’ll definitely be doing that rn, I agree.

>>49734877
Who the hell would buy this?

>>49734877
Just bought 5 at 20,608 am I going to make it?

>>49735181
lol lmao
i really wonder who that person is, and if they have coped or roped

>>49734910
Yeah, let’s just ignore that QT started 2 weeks ago and will last for more than a year and that we have 10 more interest hikes to go. That surely won’t affect the price at all

Buying the dip at 20k, literally free money.

>>49734877
people whos pain increases as it goes lower

>>49735299
>he believes what the fed says
I bet you're SHOCKED that inflation wasn't actually transitory. you'll also be SHOCKED to learn that they can't actually hike anywhere near as much as they're projecting without triggering the mother of all liquidity crises, making the national debt unpayable and forcing a default, and crashing the housing market with no survivors. There's not a chance.

>>49735220
don't get emotional when we potentially float around 14k-18k

>>49734877
>Who the hell would buy this?

>>49735181
>X amount of Bitcoin bought @ 69,XXX
LMAO take a screenshot of it and sell it as an nft.

>>49735536
t. has been bagholding since november trying to frontrun the fed pivoting, instead of turning his brain on and waiting to buy back in when they actually pivot

>>49735247
it was probably a bot, a whale trying to paint the chart, or some faggot retard longing thinking $70k was guaranteed
I would like to meet whatever FOMOing retail folks were legitimately buying bitcoin to hold anywhere above $60k though

>>49735181
El Presidenté

>>49735631
whatever you need to tell yourself anon :)

>>49734877
Doesn't look great
Someone your try to play a bounce here, personallyI have resorted to just short in this bear market

>>49734909

It's not green and 500% up on the day so why would I buy?

>>49735646
El fucking Salvador is never going to recover fug I totally forgot.

>>49734877
Dip cucks

>>49735666
*someone could try

>>49734877
Unironically smart money
>>49734934
Dcaing is usually a meme, but it's not at bear market lows

>>49735632
>whatever FOMOing retail folks were legitimately buying bitcoin to hold anywhere above $60k though
That would be half of /biz/, because the other half was telling them 100k EOY was a guarantee, zero fucking chance it doesn’t happen

>>49734934
It will probably hold until the US markets open next week. One or two more red days for Nasdaq should give the bears enough power to steamroll the 20k support

>>49735181
TEXTBOOK cup & handle forming

sunk cost whales

>>49734910
If you catch falling knives you're bound to get stabbed.

>>49735071
Yeah, the best time to have bought was when we were in greed above 50k/60k. It's literally too low to buy now.

>>49734877
there's a wall of support at 20k, should bounce up to 30k very quickly

>>49736193
>hasn't crashed beneath 20k in 24 hours
"bros we're going to 30k..........."

Is it time to go all in? No, but the price is pretty good

>>49734877
Yes. Doubles confirm.

>>49736202
if it was going to fall below 20k, it would've already happened
the fact that buyers keep stepping in tells me that 20k is the level where buying is just a no-brainer, and people will slurp up that level all day and all night.

>>49736191
You don't buy in the middle of the crash, retards

>>49736254
i'd say "cant wait for you to go broke" but you probably dont even have money in.

>>49736400
True chads DCA the crash.

>>49736254
I'm not sure how you come to the conclusion that 20k has held.

>>49736420
This
Dca is always the answer

>>49736420
That is acceptable if you don't care how long you have to hold from here, but a global economic crisis is imminent. People have lost it if they think we're more likely to trend up than down.

>>49736400
I was just throwing his retard logic back at him, if you bought when that fear/greed chart was double digits you would have lost even more money.

>>49734877
Check Q4 2018 drop.

>>49734877
I did .

And I got more cash in the tank if it goes down more

This short squeeze is gonna be epic. Biz is always wrong.

>>49734877
Imagine purposefully ignoring the context of an image before posting it and then proceeding to act all high and mighty like you're the spitting image of god
It's like saying "people are dumb because they invest in vinu that has no usecase" when the reason why people buy memecoins is far more complex than just "haha internet money"

>>49735536
They're going to do just that. Boomers are old and dying off now. 40 year old politicians are going to throw them under the bus for the first time in decades.
It won't force a default on US debts though, lol.

>>49735810
Yup. TA is a load of shit.

>>49736254
So why aren't we at 25k already if buyers are so strong?>>49736400

>>49736518
that's what everyone says and thinks will happen though. The market rarely does what the regular retail investor expects it to do.

>>49736420

Still Chad's?

>>49735026
>Buying at $30k when there's any signs of life in the market is bad
Yet you didn't sell at 50, 60, or 69k. Here you are, still HODLing

>>49734877
What the actual fuck OP my schizo pattern recognition is going off right now..

>>49737239
It's not surprising for me that btc falls in 10k steps.
Imo it means it's still overvalued.

>>49734877
When you see buy the dip, that's what it fucking means. But the only dip I'd rather buy is Eth,Rail or Vet. Their bounce back is not going to be till the end of the year, unlike bitcoin.

>>49734910
Ideally yes but that's not the reality. Weak hands are selling off while most people have taken a pause buying anything. The best strategy in a crazy time like this is to manage the risks by diversifying in yield protocols. Good thing that yield aggregators like spool has made it somewhat easy

>>49734877
Me. Bitcoin is feeling very sexy yes. She's giving me the best price. You will have to pay more when best suitable.

>>49735139
Yes, people have been buying all the way down.

>>49736719
>all that bullshit
>some stupid edgy cartoon image

>>49735666
as predicted, let's see how far the bounce goes might be a green day/even weekend, but that doesn't mean it all doesn't go to shit next week (which it most likely will)

>>49734877
Smart people

>>49735745
Everything is priced in. Your thoughts are priced in. You need new events to make something new.

niggers

we will bart up to bear trap bobos and keep pumping throughout the rest of the year to convince normies. in the end of the year after btc breaches 100k and every normie media is hyping btc again, it'll do a nasty bull trap to make a whole new generation of bag holders after bear markets start at the 2023. they last to 2025 or something.

>>49734877
>who's buying
Literally r*ddit, look how bullish /r/bitcoin still is lmao. They unironically believe it won't go below 20k.

>>49735247
It's silly having these conversations because no matter what price you buy in at you could be buying a low or high. Mocking people in hindsight is very easy to do, but it doesn't make you any cleverer.