/biz/ - Business & Finance

I don’t wanna believe it

>>6837194
great, good opportunity to buy low for long term invest

I thought we were here

>>6837194
What are you talking about? We're in "Fear"

>>6838062
you must be right i haven't seen any media attentioun or delusional greedy people losing their life savings

>>6837194

Baby boy...if you can’t tell this is the “Fear” phase then just stop investing in anything period because you are dumb and will go broke.

>>6837194

>mfw where "we" are keeps getting moved to suit the agenda of the brainlet making the post

>>6838062
This unironically

I am at new paradigm still.

Where is return to the mean guys?

$8k or $5k it depends on which trendline you are going with. If you go down to the lowest trendline from all the way back to 2011 it's $1k

>>6838114
11k to 14k three weeks ago was bull trap, we're currently somewhere between fear and capitulation and despair will be when we hit 8k, after which the bull run of 2018 can officially start. This should be sometime in late February, early March probably.

So true
SOOOOOO true

wow third time this month already

This is the most obvious bear trap I've seen in my life. Not for Bitcoin though, just for other altcoins.

Does no one remember this meme chart when ETH was correcting from 400 to 290? It dropped to 140 at one point

>>6837194
Apparently we are there since after the peak.

>>6838224
This is basically how I see it. The question for me is if I should buy more now or wait for a deeper dip.

>tfw when we are in 'first selloff'

>>6838224
Buying good coins at ICO phase

>>6837194

>>6840059
The delusion is real.

>>6837194

>>6838062
>>6838101
>>6838131
>>6839780
So fucking true guys. I'm trying to accumulate as much as I can now. When all of those normies would start investing in crypto - we would become the overlords

>>6840213
>muh bubble

Huh I thought we were here

>>6840091
>it's happened 6 times before
>ur just deluded
you sound like people talking about bitcoin in 2012.. and 2013.. and 2015..

>>6840462
It's a small bubble, but a bubble nonetheless. This actually gives me hope that the next bubble cycle will be huge. Even if you get in now during downward spiral towards a corrected bottom, if you wait long enough BTC will be huge again.

>>6838101
obviously the sarcasm in this post, but the normies are still not investing. It's still all my friends going "oh you've made a fortune doing this, I SHOULD invest." it's been should invest for 3 years now and yet nobody has invested and will continue being "should" for long to come

>>6840462
Why aren't the Rothschilds on there?

>>6837194
Wow, we must be timetravelers.

You said the same 3 weeks ago

>>6840604
nobody knows how much they have

estimates are 400B to 2Trillion

>>6840570
dude once this crash is oveer, and itll be massive. ill reenter the market. guys cash out and relax, learn real life skills instead of refreshing charts and prepare for next crypto phase.

>>6840646
You think that meme chart happens in a few weeks? A bubble forms and bursts over many months. Took three months to go from slightly above the mean to ATH, will take just as much time for it to all collapse.

>>6840604
Just imagine the Rothchilds being the size of the sun and those are all planets.

>>6838062
This, the market is still around half a trillion, we have many moons left

>>6837194

>>6838062
This, there is no greed or even enthusiasm in the public. We're at media attention right now, once boomers start funneling in their life savings you should start to get worried.

This is why the crypto market will go up or down and then down or up again

>there is no regulation
>the biggest whales are beyond massive
>these moby dicks want to keep making money
>to make money they need to buy low and sell high, or short it on the futures and push it low
>but eventually they need to bring it back up again
>if the market looks too scary, too bearish, fewer little people like us will enter the system. with fewer people for the massive whales to dump bags on there's risk of loss of profit
>and so the market can never be allowed to get too bad before going up, or the moby dick big whales lost profit
>the moby dicks have the power to manipulate the market to an incredible degree beyond what is seen in regular markets

>>6840582
and they never will invest

>>6840462
>Bubbles not to scale
>$40bn being used as BTC market cap, so massively out of date.

>>6837194
If you're so sure the market will collapse, why don't you post your x100 leverage short?

>you won't because you don't know shit

>>6840844
and thats why the normal rules dont apply and even if it looks like a bubble that means fuck all and the crypto market will do whatever the biggest whales want because they're so big

>>6840604
>>>/x/

>>6840604
>>6840764

When there is a recession, it is just the jews accumulating like whales. It all makes sense now.

>>6837194

>>6840582
This. The majority of my friends have at minimum a bachelors degree and have known about cryptocurrency for years. So many of them have told me they are interested in investing yet I only know 1 other person who is invested. A lot of my friends would consider themselves intelligent people, but are put off by the effort of buying bitcoin, transferring to exchanges etc.

>>6840861
Its still good for perspective faggot. kys.

>>6837194
Can I get one more of those return to normal?

>>6840942

>>6840931
No it isn't, for precisely the reasons I outlined you fucking brainlet.

>>6840843
I'm sure boomers will invest their life savings into something they don't understand and literally every news outlet is calling a bubble

>>6841154
>boomers doing things they don't understand out of greed
Actually that lines up with boomer behavior to a T.

>>6841154
>boomers will invest into something they don't understand
theyre not boomers, theyre TRONLORDZ

>>6837194
Great - my attention span is too low for all this - so your telling me it’s going up again, right?

>>6840905
kek'd thanks for this

>>6840462
>small bubble
every other thing listed has a real world counter part or production leading to something tangible, crypto still hasnt have a product that actually has any uses its just a supposed use case where it creates more problems than how many it solves

>>6841304
nothing to tie it down then

>>6840764
Meanwhile the bogs are the space inbetween the celestial bodies

>>6841150
Apart from Crypto, and most likely Amazon what has changed?

>>6841304
There are plenty of projects out there with products?

>>6841357
>There are plenty of projects out there with products?
dreams and greed are their product

>>6837241
idk if ironic post or actual retard, but your post fits the denial bit on OPs image just fine.

>>6841392
fuck, you're right
dreams and greed sell like hot cakes, everyone loves greed and dreams. no wonder crypto is going up forever irregardless of conventional logic.

we are here

>>6840701
Sure thing, Mr. Shekelstein!

>>6841598
the stage where its just a money machine wringing out endless cycles of hope and despair and feeding on the greed and providing nourishment to dreams forever

>>6837194

I disagree - and the primary reason is because institutional investors are JUST NOW starting to move money into crypto.

That's part of the reason I'm even here and started in 1/1/18 - I'm in industrial business, but a lot of my friends got into finance and those firms are just now starting to seriously look at putting money into crypto.

This thing will take off - get regulated - stabilize then be widely accepted.

Buckle up gents.

>>6841676
>get regulated
how?

>>6841191
actually the boomer generation are risk averse and prefer slow but steady over the risky attitudes of Gen X and Millenial generation.

Which actually makes a lot of sense as to why they don't like Cryptocurrency speculation.

>>6840887
t. kike

>>6841721

I don't know the details, nor can I read the future - but every day there's some new organization looking into regulating the markets.

My assumption in that the SEC, CFTC, and IRS will impose some web of sanctions on how money flows in and out of the markets so taxation will be their weapon. Probably some kind of CFTC platform for trading that logs everything we do.

Regardless - the money won't be stopping for a while regardless of today's conditions.

>>6837194
The bear trap is at 25%ish from the top. BTC rn is at 50%ish from the top so we're about at the capitulation.

>>6838224
this only if you know what you're doing, most people will lose swing trading.

WHERE IS THE DIP????

>>6841598
kek'd hard

>>6837194
>I pohsted idd agennnn hmmeehpp

>>6841676
Goldman has been in crypto since May 2017

Do you guys know what happens after the bubble bursts?
The good projects rise from the ashes
Ditch your shitcoins and just chill the fuck out

Anyone else unhappy seeing green because you want the real correction/crash to happen already?

Also, if we're in a bear market, isn't the best way to make money actually trying to day trade by buying the dip and selling high? It's gotten to be pretty predictable these past few weeks.

>>6842105

>One reference
>6 months into a market

kman.

>>6838062

This.
The December rally was basically just a speed-bump caused by us breaching 10k and the huge media attention. Normies just came to cryptoland on a 1-month vacation and now they're saying goodbye so we can pick up where we left off.

>>6837194
Nah, if anything, we were there after the first crash to 11k and subsequent short-lived recovery. We won't drop lower than 9k, that's the bottom because we're still going somewhat parabolic on the mean.

>>6841024
this right here lads

>>6838224
>90% of traders perform equal or worse then the market
>people STILL think they are better of trading
kek

>>6841357
Crypto is now 400B made that's a x10. We are steadily approach mania phase

>>6841154
>I'm sure boomers will invest their life savings into something they don't understand
That's why your friendly jewish media had to walk those boomers step-by-step, live, on how to invest in the most stable of jewcoins!

.... oh, and it crashed two days later. Then the very same (((news))) started pushing heavy FUD about how BTC is also going to drop down to $100 again.

Coincidentally.

No refunds, you stupid goyim.

>>6840887
>the Rothschilds having wealth is a conspiracy
If you kikes can't stand the heat, why do you beg for us to put you into the ovens?

>>6840855
That last dip looks a lot bigger than the other 2

>>6841024
the only reasonable use of this graph in crypto is this

>>6840861
The bubbles are to scale, retard

>>6843862
>literally no citation

>>6844179
>t. Kike
Has JIDF come over from /pol/ now?

>>6844179
>what is the battle of waterloo

>>6837194
Is time standing still cause we have been there for like a month

>>6844416
More people should be reading about this.

>>6844031
That means the next upward trend will be bigger

>>6840855
Of course it does, and the next one will be even larger.

You guys are all wrong. We're 10 pixels before stealth phase. Crypto WILL replace fiat

>>6841304
Crypto solves problems by creating them.

>>6837194
NOOOOO! WE WERE SUPPOSED TO GO TO THE MOON!

>>6840844
This
We cant even image the amount of money the likes of CRAB16 made on crypto.
How the fuck would they pull that on APPL stock?
Ride does not end

>>6845252
Making sure the Jews and government don't regulate the fuck out of it is key.

>>6838224
This however i THINK i'm good at predicting dips but EVERY FUCKING TIME NOW IT BARELY TOUCHES MY ORDER AND DOESN"T GO THROUGH

LIKE WTF, I PREDICT IT FROM HOURS BEFORE BUT IM ALWAYS JUST A TAD BELOW, i'm gonna stop being jew and buy in more expensive

W-We're still in before Wall St. R-Right guys?

>>6838062
Nope. First sell off was around may last year.

>>6837194
we're at the return to the mean

>>6846178
same. it feels good when you hit it perfectly, but more often than not I just miss it by 0.5%
Now I just do market orders and let it run its course.
I shave a tiny % in earnings, but I never miss a move.

>>6838084
Nah. Extended bull trap. It's trying really hard to go back up, but it's stuck between 10k and 11k.

My bet is it's gonna unstick after a couple more days of this, when frustration drives it more than anything.

BTW< I've yet to see any predictions made here come true, mine included. I think it's in the weeds here, new territory, and who the fuck knows where it's headed - but with the media posting about losses and trouble getting money out and such, I'm leaning away from up - dumb money is getting scared off, and you need that for a moon shot. Right now on Drudge, he has a link for "BUST: Bitcoin crash threatens economy...". The "normies" are just seeing one word right now: crash. It'll take years to get them back to the table. You're not getting back to even 13k without dumb money, NEETS trading 1/1000000th of a coin aren't gonna do squat.

>>6838185
Dec 30th, 12.6 was the bottom of the bull trap, if you're correct. And you have more going for you than the contrarians, the graphs don't lie.

>>6838185
Bull run, based on what? Nobody is buying back in any time soon, except you desperate NEETS who's millionaire dreams were popped.

Serious money is staying the fuck away from crypto, count on it. Dumb money is staying away. Who exactly is buying this bull run?

>>6837194
Man its so hard to fucking tell at this point and everyone and there grandmother thinks we are going in X direction

>>6841154
News outlets are using the word "crash" now, not bubble.

Go look on Drudge, right now. The crypto link is "BUST: Bitcoin crash threatens economy..."

The "normies" ran for the hills already. They're gone.

>>6841676
You're adorable.

>>6845147
Bought by whom? You do know how much it would cost to go past 19k, right?

And don't parrot "institutional". Any broker worth his monthly isn't putting his clients into crypto, in the strongest investment market in over a decade.

Big money might be dabbling here or there, but i just don't see the systemic kind of dealing that would show "institutions" buying in.

>>6840690
>>6840604
>>6840764
Rothchilds are nothing more than a figurehead

>>6847861
just took the bog pill wow

>>6843862
>>6844179
BTFOOOOOOOOO