/biz/ - Business & Finance

[Anonymous No.11565369]

guys i dont think we are gonna make it, unlike the people that made it in the last bull we are just holding their bags waiting to break even and get the hell out of crypto

and this might take a year

[Anonymous No.11565377]

>>11565369
fuck you OP. i am never leaving shitcoins, and crypto. you do you.

[Anonymous No.11565392]

>>11565369

Leave now then asshole. We don’t wana listen to you complain for the next 2 years before the next run.

[Anonymous No.11565398]

Tons of bagholders from the Dec/Jan bubble. Many have been selling off since then at losses, but there's going to be a lot of sell pressure when things start getting to those levels again. It's going to be a tough fight upwards.

[Anonymous No.11565420]

>>11565369
Write it off as a true 'speculative investment'. It really looks like the crash has bottomed out and will slow rise at some point.. check prices once a month or so and forget about it.

If you find yourself stressed about it, you probably have a ton of your investment portfolio in it.. learn from your mistake - max 10% in super speculative markets and you'll always sleep well, but catch golden bulls

[Anonymous No.11565423]

bitcoin is the only thing worth holding

[Anonymous No.11565428]

>>11565377
>>11565392
jk , im still buying just wanted to check if the bottom is in. guess not KEK

[Anonymous No.11565430]

>>11565398
FOMO round 2 incoming.

[Anonymous No.11565444]

the amount of attention the last boom got us has dramatically changed the space. i really think it's not over, it might play out different, but there are too many people and institutions making moves in crypto for nothing to happen.

[Anonymous No.11565466]

>>11565420
+1

Normies have already left. I asked one of my normies friends the other day how hes crypto is doing (he doesnt know i have) and he was like. Yeah fucked up i already forgot about it. Dont even care i have it.

Another normie sold low just to buy some useless shit because he was afraid of losing all of his assets.

Normies have already left. Its just us and crypto enthusiasts fucking each other over. Unironically we are all waiting for ETFs, Bakkt and institutions coming public (yes institutions are already in). When "They" decide to start pumping the market again to capture normies again then shit will hit the fat. I dont even care about the price of BTC desu. The marketcap is absurd. We are going to 1trln at least in the next year. Its all a game right now. The thing is though the game requires a catalyst. Crypto will not rise because of randomness. It will rise because something something happens. I truly believe that something something is a catalyst but idk yet what it could be. I dont think Bakkt is the catalyst, but ETFs are. I like to compare this to the gold market.

[Anonymous No.11565471]

Not only are you holding our bags but I know there are plenty of people like me who not only 1000xd but finally added more of our own money when most coins went down ~90%

You sheep have no fucking chance kek

[Anonymous No.11565501]

>>11565369
>t. decemberfag

[Anonymous No.11565505]

>>11565466
This desu

Based anon

[Anonymous No.11565552]

>Months of bull market = think we're gonna make it.
>Months of bear market = don't think we're gonna make it.

Just accept you don't know shit.

[Anonymous No.11565565]

Lets say you go to school for IT, or just not be a pleb and teach yourself to program. You get a couple shitty jobs in your early 20's, then get a decent IT job. By the time you are 24, you are making $112k (the national USA average for a full stack developer).

At this salary, you work for 7 years. You live a minimalist life with cheap rent and almost no expenses. From this, you are able to put most of your income into a mix of tax-free bonds, roth IRA, pump your 401k, and hedge a bit in stocks in crypto. Your portfolio is making 8% a year gains. Here is how much you have saved after:

-3 years: $193k principle, $219k w/ interest
-5 years: $323k principle, $398k w/ interest
-7 years: $452 principle, $608k w/ interest
-10 years: $646k principle, $991k w/ interest

And then you retire. You work 10 years, and retire with $991k saved and $73k per year income from interest. And yet, you don't do this. Instead of learning skills that will make you far, far more money that crypto ever will in your NEET lives, you gamble your life away because you're not willing to take but a tiny fraction of your life and put it into skilled labor.

Shame on you, Anon.

[Anonymous No.11565604]

>>11565369
I buyef house from last bull and im back for more baby.

U dont havr guts enough money or balls to make it you week pussy

[Anonymous No.11565631]

>>11565369
I've been in since 2013 and haven't sold anything.
We are just getting started.

[Anonymous No.11565988]

>>11565631
Okay I am going to just pretend you aren't larping and bite the bait - got any more introspect to share? Being you are an oldfag and have seen it all go down I'd love to know what you're thinking for the future.

[Anonymous No.11566001]

>>11565552
>Save video as...

[Anonymous No.11566038]

>>11565565

True, but 8% gains year over year, especially if you are diversified into bonds or not getting a company match on the 401k, isn’t always going to happen. 2008 wiped a decade of gains off the board. We’re due for another soon. The 4% rule is better with this strategy, but that would put you at living on like $36k a year after capital gains. That’s doable, but it’s no one’s ideal life in a first world country. You would still be better off with this strategy than gambling on shitcoins, though.

[Anonymous No.11566617]

>>11565565
Not everyone is cut out to be a code monkey and sacrifice 10+ years of your life living frugally and staying up all night learning stupid shit.

[Anonymous No.11566702]

>>11565565
This is a good plan, mine is similar. I am planning to invest into stocks in the growing market and into real estate in the recession. I think that 10% are realistic if you dont gamble to much.

[Anonymous No.11566747]

>>11565565
>living in europe
>never going to be able to save 50k a year

[Anonymous No.11566767]

>tfw your coins go up 600% but all you did was break even because your bags are just that heavy

[Anonymous No.11566784]

>>11565466
>ETFs, Bakkt and institutions coming public (yes institutions are already in). When "They" decide to start pumping the market again to capture normies again then shit will hit the fat. I dont even care about the price of BTC desu. The marketcap is absurd. We are going to 1trln at least in the next year. Its all a game right now. The thing is though the game requires a catalyst. Crypto will not rise because of randomness. It will rise because something something happens. I truly believe that something something is a catalyst but idk yet what it could be. I dont think Bakkt is the catalyst, but ETFs are. I like to compare this to the gold market.
absurd, painful to read

[Anonymous No.11566791]

>>11565398
aaaaa fucking crabs in a bucket fomo buyers of 2017 trying to get out break even. truly never gonnna mak eit it will take at least anothe ryear for bullrun and iv wasted so much time onc rypto already FUCK

[Anonymous No.11566798]

>>11565565
Shit anon... this is my plan... i just come to this board to laugh, in reality I only finished highschool and got a job after. 21 yr old with 30k invested @ 37k p/yr salary + benefits, company pension and RRSP. crypto is the biggest meme on stupid people of all time

[Anonymous No.11566835]

>>11565565
is learning how to be a full stack developer that easy? I tried comp sci in high school and sucked at it

[Anonymous No.11566949]

>>11565988
I've been in a while and now is 1000x better than when when silkroad got shut down or when gox crashed
bitcoin cash was actually really good for bitcoin it bankrupted the major mining cartel who was trying to influence code
the S2X drama and getting segwit in was huge, I sold about 50 coins right before S2X because I was so worried
now mining is more decentralized
mining difficulty is at an all time high

things I don't like are how long it's taking for things like LN, and other upgrades
the recent exploit they patched made me sick for a couple days
but overall bitcoin is getting to be super legit
I also sold all my alts and only hold bitcoin now

[Anonymous No.11566985]

>>11566949
Most people sold all their crypto and only hold USD. You are one move away from being a normie. Congrats on this.

[Anonymous No.11567023]

>>11566949
You've hit the maximum level, typically takes people about two to four years to go through all cycles to really understand why Bitcoin is unique.
First we become aware, then we learn of details, then we develop and defend that opinion on the details understood.

[Anonymous No.11567090]

>>11566985
bitcoin already has the best use case being a store of value
everything else is "promising tech" that's still uncertain
in time bitcoin will get its upgrades
bitcoin can be all blockchains (liquid=xrp, RSK=ETH, LN, etc.) but there can only be one bitcoin
the altcoin game will only be a short blip in bitcoin's history as things start getting integrated into the 2nd layer

[Anonymous No.11567111]

>>11565466
>Yeah fucked up i already forgot about it. Dont even care i have it.
kek. heard that story before. this guy is still in deep

[Anonymous No.11567128]

>>11565369
>oh man, I should really exit at the bottom
Said no one ever

[Anonymous No.11567141]

Jesus will promise you eternal life brother

[Anonymous No.11567143]

>>11567090
Yes I'm sure the whales in their respective coins will roll over and do nothing as offchain BTC decides the fate of all things.

[Anonymous No.11567172]

>>11567143
bitcoin is the most fairly distributed coin in crypto and it's also the most secure
what are you trying to say?

[Anonymous No.11567185]

>>11567172
>>11567090
Bitcoin core is for cucks who don't want to take part in the revolution.
Transactions need to be easy and on chain. Nano is the real bitcoin. It's p2p cash, something core forgot about long ago.

[Anonymous No.11567296]

>>11567185
but nano isn't worth anything
pajeets solved a captcha and it's secured by PoS
maybe it could provide a utility but it isn't valuable
"free, instant, scaleable" all come with consequences that weaken security, decentralization, etc.

[Anonymous No.11567320]

>>11565369
I think we all gonna make it.

[Anonymous No.11567635]

>>11566798
>crypto is the biggest meme on stupid people of all time
screencapping this for 2022

>>11567128
half of /biz actually

[Anonymous No.11567843]

>>11565369
That’s why you bet on new projects that haven’t been through a msssive pump and dump cycle yet anon

[Anonymous No.11567848]

>>11566617
What are you cut out for anon? Being a retarded NEET or a wannabe entrepreneur?

[Anonymous No.11568035]

>>11567296
Nano isn't worth anything yet, which is an opportunity. It was distributed to the poorest in a failing country, rather than bought and mined by fidelity for years.
Cumulative voting of all owners is far more decentralized than a few temporal mining pools.

[Anonymous No.11568341]

>>11565552
who dat

[Anonymous No.11569173]

>>11565552
>>11568341
someone has to know cmon anons my dick is pulsating

[Anonymous No.11569209]

LET THIS FUCKING MARKET HIT $3K GOD DAMMIT!! Sooner we bottom, the sooner we will moon. If it weren't for you ASPIES holding and buying, we would have mooned all ready. Let the shit crash and burn so we can moon.