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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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16890185 No.16890185 [Reply] [Original]

Seriously, everyone investing in crypto has been losing money for 2 years now to the tune of -90% or worse in most investments. But suddenly money is flowing into every shitcoin and they're all up crazy numbers in recent days. I mean most crypto retards are now broke and there is not a new wave of people who have FOMOed into Bitcoin thus crypto. So who is pumping in all this new money?

>> No.16890220

are people actually down in crypto right now? how is that even possible

>> No.16890242

>>16890220
No, I'm up. Been buying dips and riding highs.

>> No.16890250

>>16890220
They bought Dec 2017 and sold Jan 2018

>> No.16890264

Whos the whore

>> No.16890291

>>16890185
You are pretty out of touch friend. I fomo'd in in 2017 alongside the other retards and at this point I'm up like 450% on my investments just from dca'ing non stop the last two years. You're also wrong about no normalfags paying attention to crypto right now.

>> No.16890298

>>16890185
my dad just got his wall street bonus and he is buying digital oil

>> No.16890329

>>16890185

I've been dollar-cost averaging since this past early May. I jumped in head first on the come down from 12k. FOMO'd basically. My portfolio was down a little over 50% for a couple of months, and just the other day I broke even with everything I've put into crypto since the beginning. I'm sitting at about 5k, a little bit under. So yeah, I'm kind of getting fucked, but then I remember that other guys ain't doing so good either.

I think the money is honestly coming from an industry insider conglomerate. Tether isn't the only bad actor here. There guys in the space all know each other; they want their projects and innovations to succeed. It's not that far-fetched of an idea to suppose that maybe they would be behind these random pumps into the market. There's a lot of powers at play here a lot stronger and financially more threatening than we are at play here. I'm just here for the ride.

>> No.16891256

>>16890220
im down over $12K of 2 years tunneling into the bear market

i hate my life

>> No.16891272

>>16891256
all you need to do is buy btc and link not at ATH and you'll make money

>> No.16891308

>>16890220
yeah idiots who traded or bought shitcoins
but theres only a 2 month period where you could have bought bitcoin at a higher price than now

>> No.16891358
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16891358

I’ve only ever held ETH and then LINK. I’m up from £2k to £180k, all time high over over £300k. Bought ETH before it was £30 and sold it way before its peak. Stop trading shitcoins, learn to identify when /biz/ autists are actually genuinely into something and then buy it. Learning to identify shilling is critical here.

>> No.16891372
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16891372

>>16890185
Me, it's all coming from me.

>> No.16891391

>>16890291
This is me too.