/biz/ - Business & Finance

>>51527507
We will all buy bitcoin together bros, 1$ at a time

>>51527507
i'm fine with buying low and selling high thanks, hasn't failed me yet

i genuinely don't understand why you would buy a gambling memecoin with no purpose for the mere chance of a x5 well past the laggard point of the adoption curve
buying btc at $1k-$3k in 2017 made sense
but now? wtf

>>51527507
meme line and retail TA. kys OP

>>51527507
What a midwit

>>51527561
Literally same talking points when btc was at the previous bear market. Just stfu. I'm more of an alt guy, buy holy shit, go back.

He's completely right. But hodlers are stuck in this fomo mode that if they wait for the downtrend to break, the price will go up so fast that they won't have time to react until BTC is up to 100k.
It doesn't even matter because even if it goes to 200k, they won't sell.
Every time you see anyone here stressing about missing "the bottom", it's because they're slaves to a gambler's fallacy. Just throw in more cash, because the trend could change any minute now.
WSB is entirely to blame for nurturing this mentality in people who started investing in the last 2 years.

>>51527640
what's to stop BTC going to $29k and that being the top?
he's neither right or wrong but it's a wannabe high IQ take to say 'just wait until it goes higher because it'll be safer to buy'

if you, him, or anyone wants to buy my bags then go for it though.

>There's lots of investments that are going up
Fucking absolute mouthbreather.

>>51527507
>if you think it's gonna be worth a lot more, why not wait until it's more expensive than today to buy it and then if everything in the manipulated market goes perfectly to plan at that point you might get a x3 while alts x100

>>51527507
>timing the market
i think that is the recipe for failure. but ok

>>51528376
Not just timing, a combination of timing the market + buying high lmfao

>>51527561
>i genuinely don't understand
sucks for you, some people aren't built to make it

>>51527612
>Literally same talking points when btc was at the previous bear market.
Lol, no.

>words words words words words buy bitcoin sirs not financial advice btw
lol

>>51527507
>dca is a recipe for failure
it is literally the best strategy to guarantee success if not best gains
anyways everything shit the bed this year so the proposition so be a super trader in the worst time for investments its really easy is pretty wrong
for most people dca is the best choice
if they large crash to 3k doesnt come you already lost 80% by buying in at 29k

>>51527507
>why not buy high instead of buying low?

>>51527507
Bitcoin (and all crypto) is a zero-sum game pyramid scheme.
The ONLY way to "make gainz" is if someone else LOSES money. In other words, everyone here hoping that the coin "pumps" is then going to DUMP it onto unsuspecting losers, who will then be left holding the bag.
And the people here who bought ABOVE the current price are BAGHOLDERS themselves.
Behavior like this, wanting other people to fail so you make money, is WORSE than the behavior exhibited by bankers during the 2008 Financial Crisis.
Bitcoin may have been built to "transform" the financial markets, but all it really did was expose the fact that most people can turn into greedy assholes who are hellbent on fucking other people out of their own money.

>>51527645
sell me your bags, i'm willing to buy all your btc for a 10% discount.
Are you in or just talking shits ?

>>51527507
>BTC is going to $100k+
big if true

>>51527561
>buys BTC for $40k a year from now

>>51532565
The point is that Bitcoin has diminishing returns on each cycles from bottoms to tops. Alts offer higher returns. Not that hard get.

>>51527507
>a $100k just flew over my house

>>51527507
>Why don't you wait for the price to go up before buying
lol, lmao even

>>51534082
priced in

>>51527561
Its going back to $3k though, thats when im buying