/biz/ - Business & Finance

>>57174745
>Just a reminder that crypto is not a "set it and forget it" investment strategy like the stock market, not even close.
It is in BTC's case but you're right it's not true for shitcoins (all alts)

>>57174767
Yeah I agree with that, on the condition that you keep dca'ing into bitcoin on the dips and just let it ride over time. As for alts, yeah that's pretty much what I meant when it's not a set it and forget it strategy.

>>57174767
BTC will be worth $0 in 2 years

I've been in crypto for 10 years.

The entire crypto space is just a pump and dump hot potato style market where everyone tries to find the next narrative to pump and shill then dump when you least expect it, then find the next narrative to pump and dump 1 week later.

Crypto has no actual inherent value, which leads to people hallucinating value and creating these insane emotion-filled speculation ponzi-style markets in all coins to get you to buy

Normalfags aren't even in right now.

What's happening is that since barely any new money is coming in the same money is just being sloshed around, everyone rotating from one thing to another chasing liquidity.

>>57174745
? It's obvious that most thread OPs are just shills and pump and dump artists. That is why they keep changing the narrative - they are different groups of shills that are pushing their coins. Real people don't change their narrative so often

>>57174745
>Just a reminder that crypto is not a "set it and forget it" investment strategy like the stock market, not even close. It's too chock full of pea-sized attention span narcissistic normies who change their mind on a whim/living in the moment
That's completely contradictory

>>57175001
How so? Crypto "investors" always switch their investment from one token to the other according to the ongoing hype narrative(s). The point is that if you choose a few tokens to stick with for a long time, they'll likely bleed out because so many people abandon those few tokens gradually from sheer impatience.

>>57174745
Because it's just people rotating from ecosystem to ecosystem (read: shitcoin platform to shitcoin platform). I say this as someone who has profited off of both the SOL and SEI rotations. There is no actual use for any L1, it's just playing narratives.

>>57174745
Because everyone knows crypto won't be around in 3-4 years

>>57174745
I'm getting old, that's why. Everyday we don't pump, I am losing opportunities. Universal timelines shrinking, cell death.

you might get that impression from some forums like this or beoble (which isn't a forum but a chatting platform for cryptocucks) but really, the narrative doesn't really move too much, people in some places are simply impatient and that's true for everything. right now RWA and AI (INJ) are like, the main two, and it's been that way for a while now.

>>57174745
Cause they're are mainly used to short.

>>57174745
Ye true, now give me a quick 100x OP
No scams

>>57176313
just like in the old days

>>57174840
crypto has no real value other than speculation stop dreaming you asshole

>>57175093
Those are traders, not investors.
It's all about semantics anon

>>57176339
maybe in bulltime, just now, feels quite unprovable

>>57176313
most faggots here come to shitpost about link and avax on the daily and it's been that way for like 5 years now.

So... Stop trading crypto and start trading trad stocks. I don't know what you are complaining about. "Oh no this thing is not the same as this other thing it's more fast paced nooo". Who cares.

>Just a reminder that crypto is not a "set it and forget it" investment strategy like the stock market
but all i do is trade eth and btc and i've been trading for around 4 years now.

>>57176378
Fuck, there's nothing going on lately. All crabbing, no action

>>57176313
>RWA
Autist-only. Akin to ZK tech.
>AI
No? AI and crypto don't mesh well beacuse they have nothing to do with one another. AI is already expensive to process, throw in the inadequacies of blockchain tech and you get bloated messes and NFT scams and little else.

>>57174745
zoomers

Volatility farming with PEAS.

Peas is about to become the Yams/Pickle/YFI/OHM that sets off this bull run for DeFi.

>>57176366
The only exception is XMR, which is why that coin makes so many people seethe.

>>57174840
Agreed. Crypto is purely a digital catalyst for people to quickly suck away money from each other via bots/pnd schemes/snake oil marketing etc.

There's no point in being patient as the entire crypto market is built on emotional sentiments not actual measurable performance like companies are. Acting fast by anticipating public opinion is the best way to make money and to stop yourself from getting fucked.

>>57174745
Because hysteria makes money, simple as that. You have a lot of influencers making sure scams keep rolling, even the good ones that make legit marketing in viralx, are guilty of using mass hysteria to their benefits. And you know what? it works like a charm, because people like freaking out a lot more than being patient

>>57177593
Hope yall listened