/biz/ - Business & Finance

>>53299240
go for it man

Some facts on why Crypto prices have bounced:

10-100 shark wallets added 105,600 Bitcoin in the past 10 weeks
100-1,000 small whale wallets added 67,000 Bitcoin in the past 8 weeks
1,000-10,000 large whale wallets added 37,100 Bitcoin in the past 10 days

>>53299240

Bitcoin markets display a fascinating and bizarre level of consistency between cycles.

In the 2018-29 bear, BTC traded below the 200DMA for 386-days.

With last weeks rally, BTC is back above the 200DMA, having spent 381-days trading below it.

BTC has reclaimed the Bull market support band. The first step to a reversal. The key is to now reclaim AND hold it. Watch for the price to hold $19,579. If able to hold, expect more upside.

Bitcoin is trading above $20k for the first time since Nov. 8th. Trade volumes have soared, reaching their highest levels since the FTX collapse.

I fully expect this thread to be dumped full of faggot bobos either coping with their liquidation price or doing their government payed full benefits job of fudding on 4chan but if the market cycle meme bares any truth (it does and it has) the more denial posting you see the more bullish you should become.

I will also be imposing a rule in this thread if you’re to make a counter argument. You must post a photograph of your hand for us to judge the legitimacy of your skin color along with your argument.

>>53299453
They will just come in and say that any bulish post is a top signal.

>>53299453
Yeah i think you actually convinced me

>>53299453
so now we enter long-term accumulation zone? when dip? waiting for retail to get overexposed, then dump, then more accumulation?

>>53299453
Cute cat

>>53299453
I'm a 170iq white bear and I think this thread is full of baloney. I can also palm a basketball so take that, nerds

>>53299507
>when dip?
You had two months to buy at 15k, it was obvious bear was going to end here. 21k is not a bad price, don't be retarded.

>>53299507
in the short term crypto is always unpredictable but for now the only thing thats sure is that the floor has begun rising and it’s time to accumulate.

>>53299299
>bull market support band
Cowen is that you

>>53299240
sorry for you, or happy that happened, but but your post in the OP or I'm not reading that shit

am I the only one here convinced this is the bottom because the chart looks like an ass (bottom)?
if this shitcoin topped at 69k why would this not be THE bottom signal?

>>53299525
the only thing you can palm are these fat fucking nuts nigger

>>53299559
u mad? Well, surely that's a top signal. I bow out

>>53299453
I din't read any of the thread but the cat is based.

>>53299518
thanks bro, his name is Milo

I know this wasn't bottom because too many people are trying to make me FOMO. I waited for more than a year. I can wait a bit longer.

>>53299595
Cute cats.

>>53299525
>170 iq, comes in
>Becomes what he claims without justified reasoning

Yeah, nah.

Based OP though. And good analysis, or more an observation. Time to accumulate while there's still time.

>>53299599
You can wait a year and still not miss out. Accumulation lasts a while before the giga pump. Never listen to permabull retards who think every 5% rise is the BEGINNING OF THE GOLDEN BULLRUN

>>53299641
None of you have justified reasoning, that's the 170iq blackpill. The world is rudderless. Enjoy

>>53299240
I know literally nothing about crypto other than monero is good for buying drugs.

Do I buy bitcoin rn?

>>53299669
>Do I buy bitcoin rn?
Buy and hold to 2025.

>>53299667
You never asked. Wouldn't give it out anyway. Everyone should have their own secret sauce.

>>53299710
I don't need to ask because my 170iq intuition guides me to the land of milk and honey every time. Thinking any of you know better is a fool's errand

>>53299886
Post a coin or two to snag now while cheap please

>>53299904
I'm cashed out lol. 2021 was the peak, the rest is cope

>>53299904
Bitcoin (ticker: BTC)

>>53299886
post charts or GTFO

>>53299936
TA is a meme

>>53299914
Lol. This is actually what I’ve been doing for the last year but a nice little 100x wouldn’t be unwelcome

>>53299240
>The bear has officially ended
correct

>>53299956
TA is a meme until it's not your 150 IQ should know this

>>53299911
>I'm cashed out lol. 2021 was the peak, the rest is cope

>>53300075
Of course I do, it's not hard to gussy up a TA and be correct because "chart go up or down" is a 50/50 matter. The unknowable X factor is whale movements, which is a human factor where error may occur. I mean, keep leaning on confirmation bias, or think for yourself

>>53300221
The big factor is who are making these TAs and why are they trying to sell you that information (read: their bags). It's all snake oil when any TA can be obliterated in a moment by a rogue whale movement

>>53300271
the more you talk the less it sounds like a person with a 130+ IQ

>>53300362
Cope

>>53300362
I mean, look at Il Capo of Crypto on Twitter. Dude was going on for months about the "hammer" and posting TA about how every coin in his sights is going down and... what happened exactly? You explain, ball's in your court

>>53300414
>Il Capo of Crypto
il copo*

>>53299989
figure out what the next trends will be and buy coins that reflect that. I’m thinking it’ll be privacy and shitcoin casino related but you never know for sure. You can also wait until the casino is up and running again and grind out 100x’s using sheer grit and luck.

If you aren't a bag holder get in now or you'll regret it.

>>53299663
Thank you for being reasonable and not a faggot moonboy

>>53299663
Monthly DCA a good idea from your view? I have been buying every month for the past 6 months. I did my January buy already. I just hope that it doesnt rise too fast. I need about 2 more months to reach my accumulation goal. Everything beyond that would be a bonus. I dont want to buy everything now, because I am autistic about not breaking my own rules.

>>53299663
>You can wait a year and still not miss out
let's see your face when it giga moons soon

>>53299453
Fucking based holy shit what a mad lad

>>53299240
22k LET'S FUCKING GO

>>53300221
>"chart go up or down" is a 50/50 matter
Okay, thanks for your take midwit

>>53299525
Your posts ITT clearly indicate you’re a white nigger based on how retarded every post you’ve made is. Also your claim of “170” means nothing when you have never taken an actual assessment in your life, and that’s provable based on the obtuse and dimwitted explanations in your own posts. The good thing about people who claim over 160 on the Internet with no verification or salient proof of cognizance is that dumb niggers such as yourself can be dismissed without fear of missing someone who is actually intelligent but poorly conveying their ideas. It’s clear as day you’re retarded, and at most a <130 troglodyte.

>>53300648
A monthly dca is perfect. good job anon. All you really need to do is decide on the size of the position you want and what timeframe you want it in and split it that way. Generally the more frequent the more consistent the average will be. Keep it up and you’ll make it man, the next thing to worry about is when and how to sell.

>>53299989
That's where the low cap boys comes in.
I've got I've got gns, sylo and mnw.

All solid 20x material in worse case

>>53299240
i bought 2nd house and stopped working after 2017/18 and 2021/22 bull runs. I feel like ~$16K BTC is the floor like ~$3.5K BTC in 2018 but even if we go much higher well drop back down to ~$20K range like we did ~$5K when we had another market panic event. The only thing now is, I afraid to re-enter the market with my previous bull run market gains because I don't want to lose it. Previously, I always had a job with new money coming in. I only have like $20K in crypto and everything else in Treasury Bills hoarding my gains like a boomer coward. I don't want to lose money have to go back to work again. I'd rather kill myself.

>>53301221
Dca and diversification
Works every time

>>53301289
not baseless prediction?
having low mcap doesn't mean it's going to do well unless it's got something good to offer

>>53301536
Dca and don't bother about prices

>>53299453
>>53299525
Yes I'm supposed to 100% believe a person from a race that has done nothing but work toward its own extinction. This time will not be different

>>53299453
Anon, you shouldn't post your pussy on this site...

>>53301646
let me see your hands ranjesh

>>53301566
wouldn't have it there it ain't worth holding, I don't do shitcoins

do your due diligence before chatting with me

>>53301646
>This time will not be different
... that is the whole premise of OP's argument
show hand

>>53300414
>170 Iq
>Reads Twitter
>Takes information he got as facts
>Thinks everyone is the same exact person except for him

Nigger

>>53299240
this was the signal i needed to sell. thanks

>>53301289
>perpetual dex, web3 messaging and wallet.
spot on chad

>>53299663
That's how you end up fomoing lol

>>53299532

> It was obvious that X was going to do Y

kill yourself

>>53299240
Correct according to SBC autists.
2023 we crab up.
2024 its bull season again likely later on in the year after regulations go into effect.

>>53302458
accumulate now but don’t precum your buys on every green candle you see. If you buy within the year you wont miss out.

i was stood on the sideline with 500k waiting for bank transfers to go through. thought we had until march.
feel like a fucking idiot. 25% just left on the table.
any chance we re-test 18k level if economy / market data is bad in the next couple months or is the psychology of the established BTC cycle already set and the bull already primed?
or do i need to quit being greedy and get on now while the train is still just about leaving the station?

>>53301289
Get some WAIT it will at least 100x

>>53299240
>all bullish technicals, zero macro
classic bulltard white nigger
>you didn't post le hand
cope

i thought bullruns coincide with BTC halving events. The next one is like a year away?

I agree Op, but I won't be surprised if the price jumps up to $35k soon. It's obvious that this is the time to buy hard assets before it's too late. Cash, stocks and bonds will bleed. Gold will go up and likely Bitcoin.

>>53305870
there has been absolutely ZERO indication that crypto is any different from a risky asset lmfao, it literally follows all those things you said would bleed...especially stocks

>>53305829
the bottom always comes in before the halving. forgot how long but its something like 6-12 months before.
>>53305670
>>53305953
post hands

>>53301221
Good posts OP. Do you have a prediction for btc’s high during 2023? I was guessing high 30k’s. Thanks

>>53300452
More likely privacy anon, especially platforms that enable user data privacy and decentralized communication in web3 and the crypto space

>>53299240
Dis gon b gud
>>53299268
>on chain analysis
Ok, OP is delivering
>>53299286
>some indicator no one has ever heard of + measuring days under a MA while disregarding macro context
Ok, you've got my attention now anon
>>53299299
>>53299307
>>53299379
>Le poop band
>meaningless volume
>a sentiment chart
>>53299453
>child size hands
Thanks for delivering OP. I'm not going to bully you. I think it's great you have taken an interest in trying to learn how to read market structure. My advice is to just focus your efforts elsewhere and ditch the on-chain shit, and remember that the more esoteric your indicators / TA is the less likely it is to happen.
The best thing to do is focus on long term support / resistance levels then use some kind of confluence with it. I think this bounce was pretty obvious based on how brutally bearish general sentiment was but I expect this rally to die and make new lows. That doesn't mean price can't push a bit higher first though.

https://youtu.be/Fi6TlmDCSxs
please respond op

realized the bear market was over once BitDao's Bit went up by over 38% in one week

>>53299240
Don't get sniped by those fakakta concepts that are nothing but hot air, senpai. Keep stacking that discount and you'll be sitting pretty. You need some low-cap gems to ride the next bull run. Check out FTM, UTK, XPRESS, and even PI. Just don't get caught up in the hype and do your own research.

>OPs entire thread in a single image

>>53307768
Some are just good on paper and are complete mirages, I rather trade for payment gateway. They're the next big thing. I'm telling you. I'm putting all my chips on there

>>53306040
28k-30k is my prediction but im not concerned about the highs this year. Until we see the markets start exploding ill dca at any price.

>>53309167
Another pajeet noted

>>53307768
This. I see privacy tokens going on a run after btc tops from people attempting to hide profits from the tax man after regulations are strengthened.

>>53307812
everything you say has 0 validity until you attach a photo of your hands. My analysis predicts brown or squared off fingertips.

>>53299453
>SEA subhuman monkeys thinking they are any better than niggers and indians

>>53309200
You're a summerfag here. Xpress for instance In terms of utility is ideal for me. I can pay bills, flights, hotels, and more at discount from the APP.

>>53309244
what sea are way better wtf are you talking about?

>>53309184
It's possible it hit that before the end of the year, but it's a good idea to continue earning passive income while we wait for the market to fully recover.

>>53309282
i probably fucked your wife during one of my SEA trip haha get a reality check, little rats

>>53307818
Like he says our last bullrun was heavily manipulated by institution deciding to play the game and use retail as exit liquidity. Keep in mind despite them running the price up to an ath then selling the local top and causing the price to fall back down to ~30k retail then followed to drag the top out for nearly 3 more months and brought btc to a new ath of 69k. Whale wallets and institutions undoubtably make these markets but you cannot discount retail sentiment. Assuming inflation continues to rise the housing bubble bursts, the average person will start looking at other assets to store their wealth. The pump this week is invariably retail fomo however retail wallets are reaching an all time high after an 80% collapse and that is indicative of a sentiment shift. In the next few months I could see us making a leg back down to a previous low of ~15k-18k then seeing a takeoff to 30k as institution decides the bottom is in. The time to accumulate is now but don’t expect a takeoff to new ath’s any time soon.

>>53309312
unequivocally this. All I’m here to point out is that the bear is over, not that the bull is back. It is well and truly crab season and time to build your stack before the ride begins again.

>>53309425
>all that time and stress for a 2x
lmao, meme stocks will get you a 5x twice a year, you may as well fully embrace the clown market we’re in

>>53305482
Hey anon, Invest in BTC and low-cap crypto's with functional products and hold for potential profit despite cryptocurrency's volatility.

>>53309469
Good for you anon I hope you make it in 5 years. I prefer to avoid paying taxes and having my account closed due to “trading traffic”.

>>53309471
I acooomed

Great analysis, thanks OP

>>53301379
Youre smart anon. You secured the bag, leave the casino

>>53299669
>Do I buy bitcoin rn?
your choice, after all it's your hard earned bucks
>>53309471
BTC is what drives the prices up
the best returns are in altcoins that have good products behind them desu
look at BMI, it offers a good product to offer, (insurance), and i know Ride to be one of the few real-world Metaverse products that will help take crypto mainstream.
>might just jump into one or both of them.

>>53309219
I'm black + trans

>>53299599
I don't even care, as long as I can send funds without any motherfucker in my face asking questions. I'm good.

Looks like it's going to break up bros

>>53311284
stop switching ip and self-pump your shitty thread faggot

>>53311400
not me nigger just retard mumus. the pump wont come for months all I said was that the bear is over. learn to read dumb fuck.

>>53299453
Based and whitepilled

>>53310179
Altcoins are for literal homosex

>>53309471
BTC investment is only good for long term, low cap alts are better options, the likes of ORE, LINK are my best bet

>>53299268
At this point that the bear looks to be over everyone needs their wallets secured and safe.

>>53311189
It is important to point out, that the user pays ONLY for ERC20 transfer and doesn’t pay for staking operation into Tornado.cash contract, harvest, and re-stake operation.

>>53312045
Altcoins like LUNA

>>53311189
You mean getting a cashback for every transaction??

>>53312870
This ahit doesn't exist. Shut the crab and fuck off

>>53312045
You said my mind... All altcoins are dumping

>>53312678
The Identity protocol with the utilities that helps to drive widespread adoption of the blockchain and bridging the gap between web2 and web3 and making it available to almost everyone through easy authentication processes deserves more attention now than ever.

Egld

If you want to scape the bear market en become Rich, buy Matic sirs, the best coin in the market.
Buy matic and be rich, it's simple.

Also reminder all the good solana projects are in Matic

I see a lot of counter-arguments but not a lot of hands in this thread. Link and Hex OG here. Price going up, all the mumu’s GMI

>>53311189
Especially now many privacy protocols allow you to do that without any prying eyes.

>>53312837
That's a top notch from a fully backed ETH layer-1 which does not trade off security by using layer 2 node system or cross-chain bridges but ensures the privacy security risk is totally eliminated.

>>53313473
Bitcoin gongoup

>>53313473
chad view

>>53313727
Buy link, hold link, sell what you think is the top, rinse and repeat. Don’t let these bear betas get you down. Some of you remember buying on ether delta, now is the 2022 equivalent of that time. I believe in you and so should you

>>53314190

>>53313662
The risk with bridges is too much, that's why I'm more hyped about privacy SDKs that can be integrated into platforms to enjoy privacy rather than creating bridges with privacy chains.

>>53313428
Buy ORE and LINK too.

in the usa, 25% of people earning >100k own some bitcoin

>>53299453
I don't bet against GCR, it's that simple. We will echo bubble for as long as we need to - don't short and don't overleverage on the long side. Enjoy it while you can.

>>53316277
>ORE
Their partnership with Telos shows theres fucking prospects there, bobos should definitely not sleep on this.

If green then doge will surpass Bitcoin.

what privacy tokens should i be buying/keeping an eye on?

>>53313061
Yea, it's fucking amazing to see how they make blockchain and web3 accessible and easy to use by everyone

>>53313061
>>53317163
much organic very discussion wow

am only gonna say dis once

>>53312837
Self custody is very crucial, especially now that the bull market seem to be back.
>Not your keys, not your crypto

>>53299453
Hand looks swarthy and italian or romanian. Not showing you my hand, CIA.

>>53317367
Le epic response duderino! What are your favorite subreddits?

>>53314452
The PriFi do not use vulnerable bridges that take custody of tokens and risk expensive hacks.

>>53299240
I am so fucking tired and sick of everything that I might just put all my risk capital on eth and forget about it for a couple of years. or eth and btc 60/40.

poo poo pee pee

>>53309184
>>53309441
How do you think the 15 year SP500 bull market ending last year affects crypto going forward?

>>53316880
Ore partnership with telos will help them to onboard more members in their platform, and that's a journey to mass crypto adoption

I'm new and everything but my intuition has been on so far on just about everything. This is bear territory. We are headed into full bear. true bullish shit will not happen for another 3 months probably.

>>53323070
Better too early than too late, because things can take off really fast.

>>53305829
There's no way to tell for sure anon, more reason why I just focus on long term investments till the bulls return like, accumulating Zpay and Ride which have potential on Elrond

>>53318300
no, faggot, that was clearly a scripted conversation. you can tell by the way they drop specific things in an unsolicited fashion and shoehorn in a lame sales pitch. YOU have to go back

>>53299507
The dump might not be as brutal, but yes, there will be a drop. Research is still relevant for accumulation. I would start with payment solutions and nft marketplaces. Perfect for next trend.

>>53299663
Bull isn't here yet. Keep hodling. Low caps win at the end of the day. The staking rewards and zero fees on Xpress work for me. Vet is also based.

>>53322955
What's the fucking partnership about, kek?

>>53309252
Painfully obvious ESL lol

>>53299453
Yeah you're correct, bear markets over, but can we keep it down a bit? Some of us are still accumulating, bro.

>>53299663
Retarded take. You can say this every cycle and miss out on every bullrun.

>>53323606
Ore will aid in onboarding new folks on the telos network, and also, they have been selected as the Telos Foundation’s Free Cloud Wallet Service For Telos Developers

>>53299641
>>ETH, ORE, ATOM, QNT

>>53325121
Making web3 onboarding easy.

>>53299599

Wait until we break 69k for confirmation. That's the only safe way to play it. If you buy now and it dips to 18k you just missed out on more than 10% extra BTC.

>>53305640
a puslechain sacrifice token? really gay, anon

>>53305970
> le post hands
this play is so gay and sad. cool le discussion you fucking retards, keep poooosting!

>>53325848
the redditor fears revealing is pale soft feminine fingers

>>53325704
it is in fact possible to simply buy more

>>53323918
it is called accumulation because you are supposed to be accumulating. your plain stupidity will make you lose everything regardless of a bullrun

>>53300733
BTC pumping. alts will follow soon and I'm still loading my bag. ORE, ATOM, QNT

I have 10k on kraken but I wanted to buy the bottom, didn't bought at 15k, what do I do now? it's my future
I thought we would hit another low by mid 2023 with interest rate hikes
help

>>53327580
sos

>>53326437
> le redditor is le pale ha ha
this childrens cartoon forum is your entire existence, isnt it? what a sad loser

>>53305582
Lol you're an idiot to be pessimistic. Crypto ALWAYs gives plenty of time for people to hop on the ship before it sets sail.

>>53327580
DCA over 6 months. Also please explain how interest rate hikes will effect the price of btc. If you cannot then you are betting on sheer 4chan crystal ball imagination.

>>53328661
if it wasn’t for this website I would never have learned how to weave this double walled oak bottom clay dye wicker basket.

>>53328734
there is always time. it is the fool that keeps calling a deeper bottom until finally it’s too late.

>>53328805
interest hikes manipulates the market's opinion into and it has a consequence of increasing the value of the dollar which decreases the value of btc if btc doesn't gain value at the same time
furthermore bitcoin has always existed during a moment of dollar creation, now dollar creation is slowing down, some analysts say that it would create a liquidity crisis, some others are calling for a depression, that's without accounting for a black swan
all of that would have likely caused bitcoin to go to around 10k before the bull market starts again, unless the macro gets very bad which it might

>>53299240
aged well

>>53328875
> le basket weaving forum le plebbit le post hands
do you literally think in tired unfunny chan cliches? npc retard...

>>53329013
Well explained anon I’m glad you have a grasp unlike 90% of this board. I agree with most of what you said but you must consider interest rates cannot keep growing the way they have been. If interest continues the way it has people will begin to default on their home loans, cars, personal etc. We’ll see people taking advantage of government gibs in greater and greater numbers which will just see the fed print more of their green papers. I believe the entire intent is to crash the value of the dollar and reset but thats besides the point. If we truly enter a depression we’ll simply see people begin to hoard value storing assets just like in 1931 with gold. It has been constantly theorized that btc will enter into a golden bullrun and if we’re to see the value of the usd collapse wealth will pour into these assets and we’ll see them skyrocket to places unlike ever before. That’s purely speculation on my end obviously I cannot predict what’s around the corner however it is a lot less likely we see the value of the us dollar increase anymore. Buying power will drop further and further down and people will be forced to store their wealth in other ways. Thats also the key difference people always forget when it comes to btc and legacy stocks.

Should I dump my life savings into bitcoin now?

>>53329461
>le green arrow
hahahahah now i really want to see your hands. post them or im just ignoring you

>>53330484
I think their intent is to keep inflation at 2% while having the dollar always stronger, which is not possible anyway
the dollar will probably devalue very slowly over many years/decades
the question is what happens in 2023 short term
either people believe in the dollar either they don't
impossible to know what will happen it's random

>>53329461
Post hand nigger pajeet faggot

>>53331736
looking at the short term, people walking into the grocery to buy eggs and bread each week and seeing the faces on the notes they have to use slowly change will have a major impact. seeing your monthly budget rising higher and higher each quarter will scare people into considering alternatives to saving cash in their bank. obviously a tangible asset like gold is the best way to go but i see that as being more bullish than bearish for btc.

>>53299663
>5% pumps
Not buying your bitshit bags pajeet. I need 100x to make it faggot.

>>53334220
you’ll never make it with that attitude

>>53334572
what's your strategy, anon? How much are you investing within a DCA? What's your timeframe? I'm guessing you're going BTC/ETH, then probably DCA-ing out during the bull run while flipping small caps with a leading narrative