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/biz/ - Business & Finance

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File: 957 KB, 1889x1889, octofi.png [View same] [iqdb] [saucenao] [google]
22905602 No.22905602 [Reply] [Original]

>> No.22905670

I'm waiting on a dip as we speak to buy.

>> No.22905677
File: 1.80 MB, 1880x1000, OctoFI.png [View same] [iqdb] [saucenao] [google]
22905677

>>22905670
How much would you say we'll be eoy?

>> No.22905690

>>22905677
I have absolutely no idea. The idea is just solid and we're pretty early. I'm trying to buy in as close to $4 as possible. These memelords are pretty big on keeping jokes/references/puns going, so I wouldn't be surprised if they go ham in October. I want to be in before then.

>> No.22905714

>>22905690
$4? You think it'll drop to $4? I better get some more cash to grab some more.

>> No.22905739
File: 26 KB, 879x315, Octo.png [View same] [iqdb] [saucenao] [google]
22905739

>>22905714
Not really. I'm dreaming. But I want it low.

>> No.22905748

>>22905739
I think the lowest I saw it drop to was $6.60 or so in the past few days. Might be a good idea to grab some more around there.

>> No.22905788

>>22905748
The lowest point on that chart is 5.60, but more recently there's a dip to 6.30. We're currently at 7.90, but to hold its pattern, it'll dip again shortly to another valley.

>> No.22905829

>>22905788
Interesting. Thanks for the info I'll be keeping a closer eye on this then.

>> No.22905909
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22905909

>>22905829
I'm just a novice, but you're welcome. Looks like it's started. Ready on the trigger.

>> No.22905938

>>22905909
Sounds good to me. I have no idea how to read these "meme lines" as they call them here, which I assume have some scientific basis to them. What am I looking at here. Dumb question but why would a descending series of step like imply something good is coming?

>> No.22906001

>>22905938
Each vertical line is one hour's worth of trading. Green meant it went up, red means it went down in that hour. In order to make money on investments, you need to sell them for more than you bought them for. That means you want to buy when things are near the bottom, so they don't keep going down after you're "in", and you'll be holding the investment (at the price you paid for it) as it goes up, which causes your worth to increase as your asset increases in value. So red is good when you're not in yet, but bad when you're already holding the asset. You want to buy as low as possible, and I'm waiting on an opportunity to buy, so I'm waiting on things to crash and burn. That's my opportunity to buy the ashes, so they'll be my ashes before they become fertile ground.

That's as concise a summary of investing and how these charts relate as can be given.

>> No.22906075

>>22906001
That's pretty cool. Thanks for the info!

>> No.22906161

>>22906075
Any time. Wanna tell me why somebody that doesn't know what candlesticks are is here to shill a coin?

>> No.22906189

>>22906161
The reasons this one caught my eye were: The meme potential, the idea that they have that it will work with multiple oracles and would be "oracle neutral" I guess, and more recently there was some mention of them getting into making some NFT's in the telegram channel.