[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 90 KB, 900x1042, 1542226794078.png [View same] [iqdb] [saucenao] [google]
15570400 No.15570400 [Reply] [Original]

any oldfag here?
what does a real altszn look like?

>> No.15570422
File: 239 KB, 1142x706, 1566479222215.png [View same] [iqdb] [saucenao] [google]
15570422

>>15570400
It looks like a decentralized smart contract bubble, not unlike the DApp bubble that characterized 2017.

>> No.15570435

>>15570400
tfw 2017 is now oldfag... yes i am oldfag. been here since may '17. Let me tell you kid.. Every alt moons. Thinggs like bitbean go 100x in one or two weeks. You sit on your app refreshing delta 890000 times a day, every time you refresh you make $10k. You are sitting out having a meal with your family while the gains exhilirate through your veins.

Everyone is euphoric. "All star team" they say. Throw up a website with moving triangles and raise $500k in 10 minutes. SOme of the more professional ico's raise $100m before the page even refreshes...

You raise to get in. Paying 10x the typical gas fee.. your transaction fails. The fomo gets you...

The gains are Better than sex. Better than anything. Better than the best cocaine you can get your hands on. Better than an orgy with the hottest women in the world.

Pure dopamine.

>> No.15570463

>>15570400
in the end of 2017 and just the beginning of january of 2018 you could literally hop from one 2x to another 2x or even a 3x. I'm not talking about the 10xs and more just the absolute bottom of the barrel shit which still mooned. That will always remain the benchmark.

>> No.15570473

>>15570400
It looks like chasing bitcoin bull

>> No.15570478

>>15570400
Imagine refreshing your folio and seeing it increase hundreds of dollars... constantly (that's if you were a semi-poorfag). Making like 10k overnight only to have it all evaporate the next month because you're too much of a fucking brainlet to realize any gains.

>> No.15570491

>>15570400
it looks just like this

>> No.15570704

>>15570400
when Dero, the best technology after Bitcoin, is $10,000.99/DERO
then You know

>> No.15570735

Lots of blockfolio threads, lots of cartoon avatars on twitter using rocket and moon emojis. Buy into a coin with an event in 4 days and sell 3 days later for 20-200%.

>> No.15570744

real altszn is when u open cmc and everything is green in double digits or even triple, it's when coins that went x100 are still being bought because they can go up some more, it's like when shit like deepbrainchain reaches hundreds of milions of dollars in valuation

>> No.15570792

>>15570435
>The gains are Better than sex. Better than anything. Better than the best cocaine you can get your hands on. Better than an orgy with the hottest women in the world.
this man, i once made $250k on a single day in 2017 and 100k a couple of times. that shit gets you higher than drugs

>> No.15570814

I made +832% in 2017 fall/winter trading random shitcoins. You could literally buy any shitcoin and get at least 30% or 50% on it from holding for a few days, then selling on the next pump. On one trade, I went all in on TRX after it started pumping and closed at 75% gains later that night.

During this time, I had started smoking squares again due to the stress from lack of sleep and to complement the tons of weed to take the buzz off of trading 24/7. I was on the porch with a cigarette after closing the 75% gain. I watched the snow fall and listened to some neighbor's Christmas decoration play an 8-bit "Jingle Bells" and thought, "Holy fuck, I just made $12,000 in one night. I could pay off half my college debt with just that one trade."

Of course, then I lost it all in 2018 dump due to not selling, but damn, what a ride. It was like nothing else. We really all did make it. Shame so many of us lost it so fast too.

>> No.15570822

>>15570435
>>15570463
>>15570478
>>15570735
>>15570744
>>15570792

Did you guys cash out?

>> No.15570843

Alt season was not a regular event. It was a ONE off phenomena which was not consistent. It wont happen again.

We'll see a few als do extremely well becase they are actually legit fucking coins. not just shit being pumped and dumped and mooning from retards again.

>> No.15570851

>>15570400

Its believing BTC is outdated tech and you got the new crypto to take it all over.

Glad I got out with a few corns

>> No.15570855
File: 26 KB, 1024x383, cashout.png [View same] [iqdb] [saucenao] [google]
15570855

>>15570822
yeah but "only" €120k which is retarded considering how much i had in the market

>> No.15570887

There's like tinsel'n ornaments and stuff and hanging things

>> No.15570903

>>15570822
yes, but I when I broken even. and then I even lost some in all the dumping that ensued trying to buy some shit. now I am more appreciative of gains and take less risk. 2018 taught me that

>> No.15570922

>>15570435
>Throw up a website with moving triangles and raise $500k in 10 minutes. SOme of the more professional ico's raise $100m before the page even refreshes...

I pued soda out of my nose Hahahahaha

>> No.15570938

>>15570855
How did you cash out? Just straight to your credit card in those increments or?

>> No.15570939

>random shitcoin with absolutely no fundamentals shows up
>put money on said shitcoin
>10x one week later
>take profits and put them into another random shitcoin that goes 10x too
It was fucking beautiful. Wish I would've risked more.

>> No.15570964

>>15570938
to my bank account per wire transfer. i had to split because of $25k daily withdrawal limit

>> No.15571466

>>15570435
not an old fag from 2017, you've never even seen BTC cut it's new supply.

This him selling his bitbean bags. Get the fuck out with alts in 2019. Check the charts you idiots or keep losing money
>>15570822
fuck no it was all paper money held in other cryptos. yeah everyone caught a 1000X right before BTC crashed but how many cashed out into BTC and then $ at all time highs? few.
>>15570843
it wont happen like before
>>15570939
this is what wont happen you'll have to do research and know your shit because now everyone knows these little shits and what they cant do
>>15570964
larp

>> No.15571476

alts in 2021 you dumbfucks, there you go a did you a solid and let you stop guessing. Markets are cyclical, remember that and repeat it over and over

>> No.15571501
File: 26 KB, 640x480, vic.jpg [View same] [iqdb] [saucenao] [google]
15571501

>>15570400
it's glorious

>> No.15571503
File: 294 KB, 1023x1023, 123456789.jpg [View same] [iqdb] [saucenao] [google]
15571503

>>15570400
Oldfag here

alt season only happens when bitcoin STARTS to reach new all time highs. altcoin season is the pressure relief valve for Bitcoin profits only.

They have no other purpose.

>> No.15571529

>>15570400
It feels incredible and stupid, you go yo sleep and wake up 10k richer.
The market dumps 2% but you dont give a fuck because, the sense of risk fades away and you make tons of decisions based on feelings.
My smugness increased 3000% during 2017 and since then I am unironically happier even thought my gains were low.

>> No.15571548

>>15570400
buying $1300 of ripple to see it smash $18K in your portfolio and hoping the jews just pump it further only to go down back to your initial investment.

FUCK YOU JEWS, MAKE ME RICH ALREADY

>> No.15571684

>>15570400
I used to make so much profit back in the altszn with icon, btq
Now im holding uos holo ftm to hope for the same result

>> No.15572241

>>15571684
haha

>> No.15572341

>>15571548
fucking this

>> No.15572364

One thing I remember was that you simply expected 95% of projects to be green every single day, and if your project was up 10% you'd be pissed off because other projects would be up 100%. It was nuts.