/biz/ - Business & Finance

>>57591617
Predictable if you are a genuine old fag who has been in Bitcoin since 2011 like me.

>>57591617
>Oldfags

My guy this shit was like 18 months ago.
Also, horrible.

Nobody was surprised at all, there wasn't even that much picnicking.

>>57591640
If it was predictable you would have sold the first 60K top in March 2021 already, don't lie. Everything after that first top was completely inorganic FTX market making, quite literally "this time was different"

>>57591617
kek it was wild. People were still spamming their cdc referrals, "insiders" making useless threads every minute trying to convince themselves it wasn't over for a long time. Bobos running rampant. That one anon making collages of the thematic color of the catalog (red or blue). Random shit coins with retarded names and inorganic conversations about their price movement still suckering in newfags...so pretty much the same I guess

I sold as soon as the pi cycle crossed an laughed at everyone all the way down. Collapse szn was comfy tho. Scooped up my cheapies near the bottom and now just play video till print szn nears its end.

I only come here in bull markets. That shit is just too depressing otherwise

>>57591617

>>57591617
Not nearly as rough as the 2018 crash desu. The drop in 2022 was more gradual provided opportunities to sell. 2018 was like a straight drop.

>>57591670
Btc has been on a 4 year cycle since it's inception. Look at the chart. Every 4 years it goes parabolic and crashes.

It's done it 3 times, almost exactly every 4 years, 2013, 2017, 2021.

>>57591617
seeing the bear market was a great tutorial for what works and what doesn't. because the skin is pulled tight across the bones and theres little room for error or the delusion that something works like there is in a bull market. i started to see the bear market was ending, and then i died in nov 22, so i missed the start of the bull market unfortunately

It does nothing to me anymore; I have lived it three times already. If anything, I kind of enjoy seeing first-timers going through it.

>>57591617
>2022
>oldfags

>>57591732
Yes and the March 2021 60K top happened, all as usual.

But then instead of the usual predictable thing BTC went from 60K to 29K and THEN all the way back to 69K to a new ATH. That shit was not predictable at all and quite literally different than any cycle before.

cycles aren't real

>>57591617
I've been here since 2018. Board is more or less always the same no matter what the price is. A few more pink wojak threads maybe. The most noticeable thing is that people just leave

like immediately following the 2017-18 bull run you had a fuckton of pajeets, discord-organized shillers shilling random shitcoins on the board. Seemed like it would never end, it was literally wave after wave of bullshit shitcoin discord threads. But then once the market really died, people just disappeared. Even as recently as a few months ago this board was dead as fuck

>>57591640
>Predictable if you are a genuine old fag who has been in Bitcoin since 2011 like me.
actually true, for me when it hit 65k i had the uncanny sense that it was going to dump tragically but I have committed to DCA and HODL, this worked from the 2018 dump, i could have "made it" and if I was wrong I would want to rope, so I just keep DCA'ing. there is piece of mind in it.

>>57591617
everybody shouting "HODL, WE ARE EARLY"
"ITS JUST A CORRECTION" "$100k SOON"

well, it was pretty horrible, but at the same time i was expecting something of the sort so i had plenty of money to buy the crash, i've continued to dca since then and now i'm pretty comfy.

>>57591783
there was a newly made $10 trillion dollars floating around that had o go somewhere

>oldfags of biz
Mfw I’m an oldfag now

>>57591783
That was market manipulation from FTX.

This one will be manipulated too, but the top will be in 2025.

>>57591617
> Oldfags
Stop replying to this faggot.
LURK MOAR

i remember sbf tweeting that it was the top and it literally crashed 5m later

it was wild, i remember ftx pumped waves to $50 and then crashed it back down in a few days

remember the russia invasion dump

and the sun tzu tweet from CZ that brought down sbf in 1 day

when it peaked at 69,420 everyone was still calling for 200k. even faggots like bob loukas that everyone worshops.

>>57591617
>Oldfags of /biz/
first of all, kek.
Second, many got faked out with the double top and didn't see the massive bear flag forming in the middle of that drop. Those who didn't had been out since April or May and didn't look back.
The market was a strange ghost town. Like a zombie crawling slowly towards a tarpit.
For whatever reason there was a permanent feeling of disbelief, probably due to jew astroturfing as SBF unloaded his bags and lined up his exit.

>>57591617
>2022
>oldfag
wow thats crazy

>>57591617
Everything happening in the world was shit. There was COVID faggotry with face diapers and jab nonsense being tyrannically enforced everywhere, two years into the hoax. The election had just been rigged and a senile pedophile was installed as President. BLM chimpouts and unbridled wokeness were still rampant. The economy was destroyed and countless jobs and businesses were gone because of all of this. The money printer was turned off and we were heading for higher interest rates to control the price inflation caused by the worst government policy since FDR.

Basically, we were still living in clown world. The crypto market crash was just a part of that. With everything happening it didn't really feel like much. You just tuned it out and continued to survive and hope that some day humanity would snap out of the mass hysteria. I was personally drinking a lot at this time.

>>57591640
If you've been in Bitcoin since 2011 then why are you even on /biz/? You should be out living life with your millions instead of continuing to look for shitcoins to flip 13 years later

>>57591783
The top was expected in Nov 2021 according to the four year cycle. It was completely predictable.

>>57591617
The June/ July sell off was the one that wrecked people the most. People were panicking.
The late year one was different because people were skeptical of that second rally. It felt inorganic and had super low volume. Turned out it was just FTX shenanigans driving price higher so people were right. The hype was gone at that point.

>>57591617
a simple moving average on the weekly chart predicted that obvious fall.

>>57593751
You're here forever.

basically a finance-centric /pol for a little while.

Prior to the crash we had a fuck ton of bobo posters saying the same thing

>Check the volume

In hindsight, it was a good advice.

>>57591617
delusion

>>57591726
i got to /biz/ in mid or late 2019 and everyone was still rekt from 2018 that shit must have been totally fucked bros

the absolute state of this board

Dogbat and some alts hat a good run there but it ended quite quickly. Luna crashed somewhere in there and this board was funny as fuck, there are still lunc bagholders

>>57591617
>2022
>oldfags

>>57591617
>DONT WORRY GUYS LE MUSKERINO IS ABOUT TO DROP A TWEET ITS GONNA BE ALRIGHT BRO JUST SOME PAPER HANDS SELLING DONT WORRY WHERE MY APES AT #DIAMONDHANDS

>>57596262
kek, i remember all the jeets begging him on tweeter to drop that tweet

>>57591617

> 2021
> oldfag

Lol, Lmao even.

>>57591783
this: >>57593801
The only weird thing was that it didn't reach much of a new high on the final pump, it double topped. Fucking newfags man

I was a newfag who believed in the ”bitcoin is dead, the market will move on without it” narrative and didn’t sell when it started dumping. But now i know about the four year cycle. I won’t be a newfag again in 2025.

>>57591617
>Altcoins going parabolic
>Every Normie and their Dog were buying into the hype, Pajeeting Doge coin clones being made out the ass
>Every coin with the name "Inu" practically guaranteed you a one way moon shot
>One (1) single tweet from Elon sparked a two year long bear market
>Went from 1.1 BTC to .14
I still remember a streamer talking about how Dogecoin was going to be a household term in every dinning room, that was the absolute top signal and at the time he even broke his own record for viewers. I should have sold.

>>57591726
It’s literally the opposite of that. 2022 had only one chance to exit after it was clear we went to bear market. 2018 had a lot of mini pumps to exit on,

>>57591617
the board was mega shilled by ftx shills but then again it was that way since late 2020
now we were accustomed to jeets doing the needful for their village but this was shilling macro it was quite new and something to watch
felt inorganic as fuck the whole run tho
the do kwon fake pump also fucked up a lot of people

as to the market itself i think a lot depends on if you made it or not during the bull, even tho i sold 2022 was terrible as it looked like the real world was about to be so over
powell destroying all possibilities coupled with the war was really a doubly whammy never experienced before, since most of us are too young to have experience 2008 in the market
at least by summer it started to become clear that world wasnt ending

the last few months of 2022 were very kino tho, the regular markets bottomed in oct and crypto 1 month later due to ftx giving you the absolute perfect buy in
while every commentator was going the greatests crash of your lifetimes in 2 weeks onions face
since we of course know what happened

>>57591617
>mid-2022
>oldfag
Ngl, I boughted my stack of shotcoins.
Fuck all the self-proclaimed pre-2014 niggers, I didn't have shit to throw at the 2020 dump

>>57597935
op seems to remember the bull run of 2022 with rose-tinted glasses he neglects to mention that there was a lot of shilling by ftx shills during that time and that we were accustomed to jeets doing the needful for their village but this was shilling macro it was quite new and something to watch felt inorganic as fk the whole run tho the do kwon fake pump also fkd up a lot of people as to the market itself i think a lot depends on if you made it or not during the bull even tho i sold 2022 was terrible

wait 12 months, summer 2024 you're going to see another 75k peak and then it's going to crash with the rest of economy on the upcoming election.

>>57591617
at first people thought it would turn around, in January 2018 everyone was waiting for prices to start surging upward again

it wasn't until March that everyone capitulated

by late 2018 /biz/ was a ghost town, threads would stay up for days and the general feeling was that crypto was dead forever; a tulip bubble had popped and there would never be another golden bull run

>>57591617
It ruined my life. Lost 70 percent of my net worth. Even though I'm in the green (just slightly) now, I feel nothing. I don't feel happy.

>>57593801
>>57596501
I'm talking about price action specifically.
Elon shilled crypto on SNL and BTC was at 60K, classic top signals. And then BTC drops to 29K only to literally just pump straight to 69K to a new ATH. Nothing of that sort ever happened before and you're lying if it was in any shape or form predictable.

>>57591617
Good sense of humour with the 'oldfags' there Anon.
However, I was too retarded to sell. I held till now. From 3600.

>>57597999
>Nothing of that sort ever happened before
i wasnt there to experience it, but 2013 saw an even wilder ride
i bet people were capitulating into pure depression come summer only to triple rope themselves in november

>>57591617
it was kino, lots of pumps and dumps, made most of my profits during that time.

>>57591617
The 2021 dip was child’s play compared to the January 2018 crash. 2017 was the year of the shitcoin… this was when there was only one meme coin (DOGE) and hundreds of shitcoins larping as legitimate solutions. There was Request Network… there was TRON…. FUN…. OmiseGO …. NEO…DASH…DIGI… there was one night where everyone thought BCH was going to pull off a coup and it almost happened. Then the whole market mooned upward. Tripfag named /oldbiztard/ kept dropping predictions that anons would bet their entire life savings on. LINK posters started invading. Things started going sideways with the Bitconnect scandal… that shitcoin rugged spectacularly. It was a top 20 coin and then it was exposed.

Then January 2018 hit… it was a bloodbath of epic proportions. BTC tumbled from $20k down to $6 and many of the shitcoins rugged or just straight up died. There are catalogue screenshots where almost the entire catalogue was pink wojaks. I’m almost 100% positive that we lost at least 10% of anons to sudoku during that crash. I went from mid five figures down to $5k and many other anons posted legitimate riches to rags portfolio screenshots. It was the first real crypto crash where normies were affected (Mt Gox was years before normie adoption) and the ass pain spread into all normalfag spaces of the internet. I remember being on travel in the upper mid-west freezing my ass off in a warehouse that I was setting up for my company and in between accepting deliveries of pallets I was glued to my phone looking for any sign of hope that my money would be OK and slowly coming to the realization that we were all fucked. Within a few months, /biz/ was a zombie wasteland….the few lucky anons who hung in there became LINK shitposters and many became believers. If you were one of those and didn’t sell, you’d be rich today.

>>57599146

>>57591617
>oldfags
kek

anyway, after I lost like 40k in the LUNA/UST collapse I kinda just checked out completely and withdrew almost everything I had left to fiat
I still made much more than I couldve expected going in, but I couldnt even bear to look at anything finance related at that point, like it just filled me with this deep visceral disgust/dread
couldnt even log into metamask or coinbase for the longest time, basically just completely forgot crypto existed
came back in the beginning of this past december
a part of me is still disgusted by everything finance related but also, it feels like were in another cycle now so Im not going to miss out

>>57599160
pinkwojak anon was the best back then.
I got absolutely fucking REKT in jan of 2018 from going all in on fucking shitcoins. I had like $3 mil in fucking TRX and sold the bottom like an absolute retard. Instead of becoming an hero, I went around joining shitcoin dev teams and destroying them from the inside to make myself sleep better at night.

>>57591617
this makes me nervous, we're fairly close to ath again. Closer than we are to the bottom.
Nothing economy-wise seems natural, I feel like the boomers are just kicking the can until they die

>>57599386
>I feel like the boomers are just kicking the can
they are you fucking retard. every country on the entire planet will be a 3rd world shithole when boomers finally fuck off and all rush to cash out of the market. I'm late genx and I already know the writing is on the wall. known it my whole life

>>57599298
>$3M in TRX
Holy shit, anon! do you have a screenshot of your portfolio?

>>57599551
bro this is like the most epic cockblock ever this is straight fucking bullshit i'm gonna like report this thread to the mods and like seriously piss off op you're not a fucking oldfag bro if you get like upset over losing money because that's what the stock market is this is the fucking problem with like these boomer c*ntfaggot zoomers man they all come on here and claim to be like fucking oldfags but they're just all a bunch of like c*ntfagget r*fards

It was fun to see dogcuminu shitcoins fade away slowly.

>>57591617
Not nearly as dramatic as the 2018 crash

>>57599643
also have you seen how big my cock is

>>57599551
I delet my entire blockfolio screencap folder a few years ago faggot. in retrospect, I should have know better than to trust an obvious chink scam, but TRX was the last thing to have a big pump on binance that run and I got greedy. I only cashed out 2 btc to buy it so it wasn't much of my total stack

>oldfags
>2 years ago

>>57599721
-honey badger

>>57591617
Went from 500k to like 60k. Now too scared and sidelined missing the pump

Actual oldfag here, 2022 sucked but honestly it was nothing compared to 2018. In 2018 crypto exclusively got rekt, equities and RE were still printing and it felt like the entire cryptospace was unironically going to zero

I wanted to kill myself for 2 years now Im happy again
>>57599551
Kek whenever you take a screenshot is often a good time to sell instead

>>57599999

>>57599925
Dude I lost a lot too (unrealized but holding dogshit) and just aped in more at 40k. Unparalyze yourself. This isn't "the pump" fool.

>>57591765
Lmfao this, although 2017/18 was my first. I would even argue that 2021 wasn’t so bad since everyone made so much fucking money the dip didn’t even matter.

>>57591617
Sold near the TOP and went on vacay. Then me and my GF broke up and I barely did anything, time flew quick. I reaccumulated BTC/LINK in the neverending crab. I was almost completely buckbroken when this Bull started.

>>57591617
poojeets stopped shilling scamcoins it was actually pretty tolerable for a while, got a chance to learn about something other than dogcoins

>>57600043
by the time* this Bullrun started

>>57600020
All my buy orders as like 30% lower than where we are now. When I set them it was like 20% lower. Fuck if I go all in now the entire market will 100% crash like 35%

>>57596665
>bitcoin is dead, the market will move on without it
Fuck
This
Shit
No matter how much its hated because everything is pegged to it I learned not to let emotions and self bias control my decision making.

>>57600054
>if I go all in now the entire market will 100% crash like 35%
Yep and if it does that will suck but it's worse than missing even +50% of gains
These ETFs are no joke. remember theyre not doing this to lose money and they have more patience than you or I

>>57600055
I keep tabs on crypto moonboy channels for fun (out of spite) and without fail the ones who hate bitcoin always lose money

>>57600090
not worse* kek
>I think

>>57591617
A ton of Israeli flags shill posting everything but the judens at FTX that caused this.

>>57591617

2022 is being an oldfag now?

>>57600100
I hate it too but I'm no longer deluding myself that the market can break free from it. Crypto is a lost cause, it has achieved nothing that it set out to do.

>>57596313
holy shit that's funny.

>Pls bro tweet about le doggie coin pls muskie just once bro

>>57591617
There is a very clear cut-off date for oldfags and it's 2016.
With 2017 the eternal crypto september started.

>>57600153
Hmm... Demoralized I see. Bitcoin is following power law. Research it. Crypto will achieve what it set out to do.

>>57600203
In 2033 2024 will be oldfags
>we're still early

>>57600236
Also Bitcoin follows money which follows reality which follows the big bang, the archons or creation or whatever you believe

Everything has its MASTER

heed it

>>57600236
>Crypto will achieve what it set out to do
I don't doubt btc will keep pumping, but thats because of greed and speculation which is a constant in human history.

>>57600275
Its 99% of the altcoins which are greed and speculation, but the point of those is to be able to buy more BTC. BTC is the biggest grassroots struggle in human history against the money masters who have been in charge for centuries and are now trying to co-opt it. If BTC doesn't win nothing will and your money is going to 0. I suggest changing your perspective and getting involved. Every time they print money they steal from your future.

>>57600203
these token nft chasing faggots will never know the glorious first pumps of btc to $600 on gox and btc-e. fontas just texted me, they are pumping ltc. CHICKUN ARISE!

>>57591670
False. The march 'top' was the inorganic FTX fuckery, the second top was largely a short squeeze of FTX, while they weren't literally shorting BTC, their fraud was a defacto short of BTC, i.e. BTC "on" FTX largely didn't exist, they market sold BTC transfered in and backed "BTC"

>>57591670
>>57600361
"BTC" accounts with shitcoins

>>57600236
>Bitcoin is following power law. Research it.
how new?

>>57600153
>it has achieved nothing that it set out to do.
Be Your Own Bank. I hold 7 figs in 24 words stamped in 316 stainless. Not to mention that everyone that's saved in BTC is up massively on a 4+ year timescale. Bitcoin has achieved/is in the process of achieving everything it set out to achieve and more.

>>57591617
oldfags sold before that and we're on biz at that time

>>57600419
Kek prove it wrong then smartass

>>57593751
Not everyone who got in early became a millionaire. Most of the coins I had back then were from faucets, I didn't get much anyways, but I sold a lot of it because I was a poor fag and a few thousand dollars was a lot to me in 2013. I mostly missed out on the 2017 bullrun because ai lost interest for a couple years, came in late and didn't make anything on it (actually I lost money in the 2017 bull from swing trading)

If I knew the future, I wouldn't have sold any of it, would have quit college and wage slaved full time for more BTC. Now I just DCA and have been since 2018. And will do so until BTC is worth a million dollars per coin. I only have 2 whole bitcoins, and an assortment of shitcoins right now. Always been a poor fag, and can't say I wouldn't have sold my bitcoins in 2013 if I had a do over, I mean it helped me in the short term back then with my bills. I didn'treally have money in 2015 to buy in again, and even if I did I wasn'treally paying attentionto it at the time I was mostly focused on getting my degree.

Never got into Etherium, something about Etherium always felt off too me, I can't put my finger on it, same for Solona.

>>57600236
No blockchain will be tamed and harnessed.
See btc etf and grumpycat

>>57600647
I'm just trying to figure out where to fucking buy solana with btc that isn't a fucking KYC my cock exchange. I refuse to KYC and even after being one of cuckbases first 100 customers, dropped that shithole like a bad habit when they gave me the ultimatum of KYC or leave.

>>57591617
I remember when everyone called the 18k dump the bottom, then it crabbed from there until the FTX apocalypse. Those were slow days, very boring days.

>>57591640
Same. 2yrs after the bull run top is when you buy the bottom.

>>57591617
Seems like everyone in this thread are fucking geniuses and sold the exact top, lol.
I did not. Was a newb who bought close to the top. But I studied hard and had good indicators. On the way down my indicators told me to sell at a small profit...but I trusted my "gut" and got spanked. At least I had mostly BTC as risk management so I didn't get completely rekt when I capitulated at 27k.

The important thing is to learn the lessons, don't make the same mistake twice, be disciplined...and fucking stick with it. Now I am well on my way to getting seriously paid this cycle.

>>57591617
>oldfags
It fucking sucked. I had single day six figure losses.

>>57600845
What are the big lessons you're keeping in mind?

>>57591617
hell on chart, but a good buy back level for anons. just like how we did for vra, bili and btcdragon.

>>57600861
Stick to your plan. When your plan says sell, fucking sell. If you "hope" or "wish" for your shit to go up blindly, you will probably get rekt.
Take small losses before they get big. Fortunately for us, this part of the cycle is more forgiving.

You know there's an archive, right?

>>57601024
Good stuff
I'm already stressed out though!

>>57591617
>1 year ago
>oldfag

>>57591617
Basically a bunch of pic related

>>57601513
>well you see i have a huge cock too

and uh what is this
oldfag
> everyone is talking about am i an oldfag i don't know maybe i am an oldfag i don't want to be an oldfag though i just wanna be a regular fag like everyone else i mean i'm not the biggest fan of 4chan i prefer like twitter or something

>>57593751
ITS CALLED PRISON

>>57601157
Don't be stressed out. Make sure you have some ways to mitigate risk built in. Also remember... as Plan B said... "the volatility is your friend." The insane swings are why we may have the opportunity to drive new Porches if we want next year.

>>57601520
What on earth is this collage, all I can make out is some guy sperging out about Sam bankman.

>>57600516
(silence)

>>57591761
What's being dead like?

>>57591617
board was completely pink

>>57602451
No it wasn't, that was 2018

>>57602517
Here's what it looked like in 2021/2022 I forget the years

>>57602568
2/2
Not nearly as pink

>>57602568
>>57602579
Sept 7 2021

>>57591617
Not a single pink wojak for months, everyone was demoralized like never. And bitter that king shitcoin didn't touch $100k

>>57602568
>>57602579
This time around anons just went straight to "it's over what's the point" misery porn doomerism instead. Even if we literally went to zero the board would not be completely pink anymore

>>57591617
I loved every second of it because I was anticipating it.

Actually not even that bad after I made the decision to just not look at my portfolio for a year or so. Quite peaceful

somebody post the screenshot compilation

>>57591644
>this shit was like 18 months ago.
it feels like 18 years ago

>>57591617
>I missed it and I want to hear the stories.
I remember thinking we had reached peaked hysteria and there was no one else to pump bitcoin further.
I remember coming on /biz/ and seeing people peddling copium
>Bitcoin is "the first blockchain" (lmao) therefore it has value
>bitcoin is like gold
etc etc

>>57591617
For me it fucking sucked because I was all in DFO Hub which scammed everyone just after the first peak the few months prior, so my portfolio was dumping hard while everyone else’s shitcoins were pumping

>>57591617
You get used to it

>>57591617
Telegram: DBuyBotCommunity
It’s cozy in here