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

/biz/ - Business & Finance

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20987039 No.20987039 [Reply] [Original]

>> No.20987112

>>20987039
A suicide stack is almost $10k now.
Soon people will be Bragging about owning double digit stacks

>> No.20987275
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20987275

>>20987039
At $4-$5 most people wouldn’t be comfortable buying a suicide stack in such a high risk asset even though most people could afford to do so.

I think when it went over $7 the majority of people could no longer afford to buy a suicide stack.

Now at almost $10 hardly anyone can. People forget how little of their income most normies save and invest

>> No.20987317

>Now at almost $10 hardly anyone can. People forget how little of their income most normies save and invest

Solution:

Lower price to harvest normies, so it can go even higher.

>> No.20987356

>>20987275
I'm going to keep buying as long as it's under 10 I don't give a f***
that lost the job to the pandemic I'm putting everything and I don't give a f*** if I have to live under a bridge
Wife hates me.

Sold 90 link for Boomer rocks because I didn't want to get priced out of that before my fiat currency came in and they were taking crypto on the bullion sites.
Fortunately I paid in xrp so if that Moon's I'm going to switch it over to link the whatever remainder I have that is which is like a hundred and thirteen xrp

>> No.20987372

>>20987275
Whats the average net worth of 28 year olds?

>> No.20987378

Normies can still afford one LINK, so no.

>> No.20987391

>>20987372
about -$120k

>> No.20987399

Normie here. Definitely not I bought 1000.

>> No.20987409

do most people have $90,000 to invest in an obscure internet token? no? then yes, priced the fuck out.

>> No.20987435

>>20987039
i saw a twitter screencap last night of a guy 'YOLOing all his fiat' to buy 48 LINK

>> No.20987607

Normies don't understand mkt cap or circulation. They think every coin has the potential to be worth as much as BTC.

>> No.20987701

>>20987391
>-$120k
What the fuck are they doing?
>>20987409
>obscure internet token?
Not anymore

>> No.20987758

>>20987607
/thread

>> No.20987778

>>20987701
zoom out anon. Bitcoin is still relatively obscure in the grand scheme of things.

>> No.20987825

>>20987317
So what you're saying is... we must become the FUDs?