/biz/ - Business & Finance

>>54588939
chilling

I have so much dry powder for whatever "dog coin" like mania that comes at the bull market top I'm going to be a trillionare.

>>54588963
>>54588966
are you not anxious and upset that you missed a 2x by not buying Bitcoin at the bottom

>>54589021
nah, I've been in this market for too long to bat an eye for an 2x lmao

>>54589061
A 2x on 500k is a million dollars. What else could you buy with substantial size that would net you that much.

>>54589088
so you marketbuy 500k worth of BTC? thats your plan lmao?

>>54588939
I don’t care if we pump to 60k, 70k, 80k. I’m not buying until a massive brutal painful dump occurs. They always happen and always will.

>>54589166
i bought BTC and ETH averaging up from $20K and $1400 about $60K worth. My fear is that this is like 2019 bear market run but I didn't want to be sidelined with fear. If it drops below $20 and $1,200 I am going to start buying again.

>>54589166

me in 2021:

I don’t care if we pump to 60k, 70k, 80k. I’m not selling until a massive brutal blow off top occurs. They always happen and always will.

>>54588966
>holding 'dry powder' for the next run up
>doesn't realize the next run-up is silver which will be incredibly hard to find due to paper price manipulation at a ratio around 25:1
>will be left holding his worthless paper bags

just dca its easy mode you don't have to time anyways just average in and average out so you're never completely sidelined no matter what happens. if price goes down you win because you can buy more if price goes up you win because you can sell and then when price goes down again by more. of course for this reduced risk you have to accept reduced profits compared to if you had gone all in and gotten the timing right. but you can never always get the timing right so you have to factor in the inevitable big loss you will experience at some point.

>>54589809
this is the rational advice no one wants to hear

>>54589809
Reeeeee nooooo you have to time the bottom perfectly, just look at my schizo TA lines

>>54589166
Did you already forget about FTX ?

Pain
I sold almost perfectly at the top in November 2021, changed everything to cash
Now that cash has been sitting in my Binance account idle for almost 2 years

I COULD HAVE BOUGHT ALTCOINS WHEN BTC WAS AT 15K
I COULD HAVE GOTTEN A SIMPLE 5X AND LITERALLY MADE IT


FUUUUUUUUUUUUUCK

I got recently fired so I can't afford to gamble on dog coins. Today my account went on a negative balance.

fuck corpos...fuck this gay earth...

>>54589166
Yes, that was the drop from 69 to 15k. Have fun waiting 6 years for the next one.

>>54590422
The best part is if it goes back to those levels, you still wouldn’t buy.

>>54590560
I'll buy at 10k, like my original plan
The problem is it never hit that

>>54588939
I have $150k sidelined.
What's going through my head is macro background overlayed with price action + sentiment.
>macro backdrop
5% CPI is sticky. Fed hikes can end but if inflation number remains at this level there's likely no chance of a rate cut, at least to a meaningful degree.
With how much leverage companies have been using to grow business and how much they rely on it still I thinks it's logical to expect things to break down.
Recession fears become legitimized once again as layoffs pick up and institutions have liquidity issues. Cue inefficient selling. Cue WE'RE GOING TO $10K AAAAAAAAAAAAAAAAA, etc.

The other thing that's on my mind is none of that happens.
>YouMissedTheBottomBozo.mp4
Liquidity is injected in a controlled and methodical way as needed where needed at the institutional level, common man be damned.
Your eggs are $10/dozen but hey at least the stock market is up and BTC is trading at $50k so we're all rich, right?
People like me are too nervous to put back in due to fear of some correction coming and we inevitably buy back in higher only for that correction finally come.
Or something idk

>>54589125
The people on this board who think they'll win by doing that are the same ones who end up in discords shilling stuff like PooShib, Icy and radiant.

>>54589125
yes

>>54588939
Im trying so fucking hard to get a deposit because everything is pumping and if i don't buy now i might never be able to experience a pump in my life. Just look at the dextools charts, its insane

>>54591405
top signal newfag FOMO

>>54589166
Well current price is 30k, if you're waiting for a brutal dump it might be something like 60k then a dump to 50k then back up, so 50k it is I guess

I'm just waiting for my house to sell

>>54588939
Deciding whether I'll buy at 14k or wait for 10k

>>54589166
You just had a 1 year dump you stupid fucking bear

>>54589021
BTC never hit 15k.
Call me when you hit 32k
t. Caught the bottom of three top 100 shitcoins older than one year

>>54588939
what goes through the mind of whoever makes threads like this?

>>54588939
this half closed eye Bill Eilish ssri benzo cocktail stare all the zoomers are doing now is the new open mouth s o y face they literally practice having their eyes like that to show how cool they are and how little they care lol so cool

>>54588939
systemic racism

>>54589166
>I’m not buying until a massive brutal painful dump occurs
I suppose you've had your head buried in the sand for the last year?

>>54589021
15k is not the bottom, gap still exists below that, and ALL gaps must be covered, ALWAYS, we'll be there in a couple of months screenshot this message

- I don't want to deal again with uniswap fees, converting, transferring, losing half the money in fees
- I want to have a 10x or 100x because I don't want to invest all my cash in crypto, but there are too many shit coins today to identify which one has the potential to deliver a quick 10x
- I don't really want to deal with the taxation; using ten different CEXes is a pain in the ass (and none of these centralized exchanges propose the trade the hot new shitcoins of the day that can moon fast)

>>54595480
>ALL gaps must be covered, ALWAYS
How come? Please elaborate.

>>54588939
That is a man