/biz/ - Business & Finance

>>55316219
>$400 swings are relevant
who cares dude

>>55316219
me neither, how are there still people who look at the 1m chart?

>>55316219
the classic poop and scoop pattern

>>55316219
It's a scam, get it now?

>>55316233
they are very relevant if you're leverage trading.

>>55316219
Scam wick. The house always wins.

Congratulations, you're a retard.

>>55316219

some whales finished offloading their bitcoin
some whales weren't done yet

the whole market is fake

>>55316253
>leverage trading
do people really do this? You have higher chances making it at a casino than leverage trading

I keep warning bobos around here with "get ready to get liquidated you smelly faggot" and all they do is laugh at me.

Looks like I'm proven right once again. That stupid cartoon bear never learns.

>>55316219
>I don't fucking get it

You will get it if you zoom out enough. This plane is crashing since December 2021 and a little pump (also called dead cat bounce) won't change the trend. It's going to $1000.

>>55316275
This pic always makes me kek

>>55316219
you think this is a free ride you newfaggot?

>>55316219
how new are you to crypto? I've seen this same chart hundreds of times over the years

>>55316219
>I don't fucking get it

"Organic Market Movement"

>>55316219
>the astrology schizo was right
vertical take off has begun, next stop: 100k

>>55316219
It's a small move overall, but to understand it, don't look at the up- and down-movement. Look at the volatility over time: low volatility, and then the chart starts "gyrating". The chart actually shows a relatively sudden increase, but you're looking at the up- and down-movement and can't understand what it means.

>>55316253
>leverage trading highly volatile assets like crypto currencies
lol
lmao even

You can get rich in crypto by trading it without leverage, crypto already acts like a higher volatile version of tech stocks

>>55316276
Tbh this. I remember in 2018 making 6BTC and losing almost all of that when I made a stupid short that got liquidated.

Thankfully I was only using the earning I had made from leveraged reading and once I lost that I never touched it again.

It is definitely something that get become panic inducing if you end up using BTC you personally bought and not made through trading already.

>>55316219
Blackrock got their entry price in a low liquidity market bc most bitcorns are being held not traded

>>55316219
Nobody knows, we just have to hold on and see what happens because there is a chance that whatever finally happens will be good.

>>55316219
Whales were just goofing around with the latest fed news, like always. It's not terribly surprising that much of /biz/ got shaken out.

>>55318462
Based anon

>>55316219
you are just new

>>55316219
Blackrock ETF. Although they are not buying spot, they are getting the silk road coins from the government.

>>55316219
stay priced out, fag

>>55316219
I'll spoonfeed you, newfag. Zoom out to the weekly. Put a horizontal line where it bounced. You'll see what happened

>>55316219
pump and dump

>>55318462
>>55319255
could you guys take a month off? no mainstream news about avax means no pump. it's so under the radar that is still on the runway. inflation is absolutely killing price action and will for at least two more years.

>>55319847
They are bots. It’s going to 5.

>>55316219
The concept is that you were played for a fool.
We were all laughing at you.
You really thought it was gonna go down?

We made you short the most important financial instrument of our time.

And thought you were edgy and cool.

>>55316219
looks like an erection

>>55316219
It's called manufactured FUD. SEC announces dumb thing, ???, Black Rock announces thing, ???, Binance becomes insolvent, ???. Wow it's like there is a rhythm to this game.

imagine trying to outrade micro-machines and scripts

>>55319502
Retards never learn to zoom out anon, the 1m chart just shows but a fraction. More reason why I use confirmations from trend indicators on an AI prognosis platform to avoid throwing money away.

>>55316219
What don't you understand? The bull is not too far away but that does not include King Shitcoin holders.

>>55316219
Long squeeze. Believe it or mot: was foreseeable.

FED have paused we're now pricing in the pivot. Rates will be negative EOY.

>>55316275
Wrong.
Longs were over leveraged and whales used the opportunity.

>>55317112
he didn't say hes never seen it

>>55316539
Timing the market will always get you rekt. Apply DCA and stack up altcoins like UTK, ATOM, and ALBT that can allow you to earn passively and stay comfy.