/biz/ - Business & Finance

>>55481623
Why is he so greedy bros

>>55481623
Man ruined his business, his reputation, and his trading position out of pure stubbornness. He would have been forgiven if he said at some point "wow I got this one wrong - thats trading folks no one knows the future 100% of the time"

IL COPE OF CRYPTO

>>55481623
12k is like 3k adjusted for true inflation btw

>>55481623
kek, spread the fud

>>55481735
This man was calling for like 100k+ back a year ago lmao if I recall correctly. What a clown

I'm a newfag from summer 2020. Around 16k last year I had a gut feeling to go in heavy. Not sure if I'm learning or just getting lucky.

I think I'll die of laughter if it actually drops to 12k

>>55481623
Can i get a LINK to his TG. I need financial advice

>>55481791
probably just says what people want to hear for easy followers

>>55481815
its not impossible. just like last time i'll start buying at 15k though to frontrun, but this time maybe i'll buy at 20k.

His confirmation targets are on point, but they will literally never happen lmao

>>55481623
12K will be reached after we hit 100K

Its crazy how dumbasses like him manage to become popular and make money out of it.

>>55481623
How much do you bet he's a 300 white neckbeard surrounded by mountain bottles full of piss and has reddit bookmarks saved to his desktop?

>>55482019
i think short and skinny and weak with an extremely average intellect but a high ego is more likely. he wants to feel powerful, that's why he is so stubborn and refuse to admit he was wrong.

>>55482019
more like he's a shitskin third world goblin such as yourself, low IQ parasite.

>>55481827
search for CryptoCapoTG

>>55481623
Who is this retard and why is he so dumb?

>Yes, Bitcoin, for no fundamental macro economic reason, will now simply crash to below where it was during crypto winter, after the FTX crash, war breaking out and the Fed increasing rates by 5% in 6 months, b-because it just will!

>>55482536
The worst part is, EVEN if it does go down to 12k, he missed a fucking x2 from 15k to 30k by being stuborn, but he would still be here bragging "You see I told you 12k!". What a fucking retard, and any people following anyone talking crypto deserve to stay poor.

>>55481623
retest at 15-20k range is likely, i'd say. 12k assumes an 85% downturn, similar to the previous bear cycle where we fell to 3.5k. i think this is unlikely considering the 10% inflation we experienced since 2021 and the fact that bitcoin is becoming less volatile with time.

>>55481623
well at this point everyone already expected the mega recession to make 2008 look nice to have happened
still waiting 2 more weeks

>>55482536
his thesis is that stock market is gonna crash and bring btc down with it.

it can still happen, it's going to be quite funny if he turns out to be correct. if macro conditions get horrendous, and regulations start getting pushed heavy, i dont think sub 10k is unreasonable.

the capitulation from miners closing up shop en masse and the halvening not causing a pump could be biblical

>>55481735
what business
what reputation
what trading position

>>55481623
Instead of waiting for 3k less than the bottom he should've invested and double his money. But of course he's going to stick to it because his ego os worth it

>>55482019
But enough about you

>>55481623
he's right
>>55481735
12k is programmed

>>55484341
>deluded manchild faggot missed the bottom so now he copes in front of everyone


Verification not required.

>>55481967
Confidence is everything

>>55484235
>and the halvening not causing a pump
there is no way they can keep the pig of tradfi markets afloat for another year
if this crash doesnt happen by november it isnt gonna happen
if it does happen near the end of year the subsequent pump we get from max money printing + the halving is gonna be epic

We are in for a dump or a crab for 1 year at least. Keep building your bags and you will make it frens.

>>55482142
I've accepted that we live in this hell because of that Bitch Eve giving Adam the apple. Non whites are literally demons on Earth keeping us from living in paradise.

Heaven will have no niggers or kikes.

>>55481623
I'm so confident that $12k isn't happening that I'm questioning why I wasn't actually using 2x leverage in some reasonable way back then BTC was was around $25k.
I'm not a big leverage guy normally though, but if I get a chance again I gotta seriously considering it.
Capo is and always has been clearly some mid-low IQ range grifter. It's kinda hilarious that people even buy into these idiots and follow them to such an extent.

>>55484884
dont do leverage anon, the chances of losing it all are just not worth it
you might get liquidated on a single scamwick or coof like bullshit
are you really that poor or greedy that regular crypto volatility isnt enough for you

>>55484924
I'm pretty sure I could do it in a way that would eliminate almost all of the common risks. Probably on chain with something that uses an oracle where scamwicks aren't really a thing.
Plus we're talking about a liquation level that would be new lows. I'd definitely have more than enough time to add more money to either protect or probably go crazy buying more.
I mean if we all got another chance to buy BTC sub-20k again I'd be going nuts buying anyway.
Modest leverage on chain when you know what you're doing really doesn't seem that bad to me.
All the horror stories are from people who are doing retarded things on shitty exchanges and such where people can trigger cascades and whatever. On chain it doesn't really work like that given how slow the oracles are to update and what not. It takes real sustained price movement.
I'm not 100% going to do it. But if we do get another big dip it will be hard to resist so close to the halvening at these prices.

>>55485169
well the biggest risk is that indeed the recession fears were warranted and we get another all market evaporation
if you must do leverage then at least wait until after such an event has happened or past the halving where its up only

>>55484884
I also don't think 12k is happening, but how are you so confident? The overall economic picture is not pretty, and if the stock market crashes crypto won't be spared

>>55484884
>Capo is and always has been clearly some mid-low IQ range grifter. It's kinda hilarious that people even buy into these idiots and follow them to such an extent.
Easy to larp as a pro trader during a bull market

>>55485696
>>55485754
imo best case scenario is some kind of short/minor recession, or some similar event that makes it so inflation gets back down to around zero. Then the Fed has a great excuse to get rates back down as well and maybe in the best cases actually bring back some sort of QE.
I think the QE part is a long shot now though.
But getting rates back down and sparking up another risk on market like the last bull run will be perfect timing if it happens before the halvining.
Either way I'm definitely hoping it does come back down sometime this year for whatever reason since I'm not fully loaded up yet.
>>55486979
It's not only that, but the tweet deletions and intentionally vague wording instead of actually stating positions that push it from larp towards full on grift.
And it's not like he's the only one that does it. Tons of that on twitter. But it's amazing that people fall for it to the extent that there are people getting hundreds of thousands of followers.

>>55484813
The year 2100 won't have them either ;)

>>55481967
You can buy twitter followers. Also, there's nothing stopping him from continuing to spew bullshit.

>>55484694
you think the crash will end by a year? this could be the mother of all crashes nikkei style, no recovery for a decade or more

>>55481791
He called for 250K when we were at 60K. Someone should have the screen cap

still short and strong