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24395833 No.24395833 [Reply] [Original]

2014 trader here. I didn't know how to trade properly for 3 or 4 years. I gave up and missed ETH. I hate XRP.

I've seen this bullshit whipsaw form on BTC numerous times.

The probability that it will continue over 20k this week is low.

The bagholders are arguing and they will get depressed and sell under 15k. The volatility will rek the shorters too. If you're smart you'll just stop for awhile.

>> No.24395866

>>24395833
You just said it nigger, you don't know how to trade. Embrace being a walking buy signal

>> No.24395913

>>24395833
>If you're smart you'll just stop for awhile.
this

>> No.24396016
File: 15 KB, 236x261, 4E4795FB-D1C2-4952-B702-6FAC49051405_jpe-1287069.jpg [View same] [iqdb] [saucenao] [google]
24396016

>>24395833
What's the point of trading?

>be me
>throw $3000 into BTC in 2014-2016
>sit back and wait
>end up with $185,000
>fully expect it to keep rising now that institutions are buying
>lots of people forecasting $50,000/BTC in 2021
>MFW I'll have half a million dollars

What, I'm supposed to trade shitcoins instead because somehow they'll replace BTC or some such bullshit?

>> No.24396048

>>24395833
Nah, most of the weak hands got shaken. The fact that it recovered fairly quickly to these levels is a good indication of overarching market sentiment.

To be honest, the only thing I can pin to the mini crash was Coinbase's FUD based on a rumour. That shit needs stamping out; if this was regulated like Stocks (I'm not saying it should be), Cuckbase's CEO would be under investigation

>> No.24396194

>>24396048
who is buying then?

>> No.24396282

>>24396194
>>24396048
>overarching market sentiment.
I mean, let's face reality here.
>total BTC mined per day is 900
>PayPal users are converting to BTC so much that PayPal is buying around 630 BTC per day
>CashApp is buying 250-300 BTC per day
>MicroStrategy buys 40 days of mining supply at 11,200
>Square allocates $50,000,000 of its corporate capital to buy BTC
>Guggenheim's wealth fund announces it is allocating 10% of its five billion dollars to buy 27,000 BTC which is 30 days of mining supply
>some other company I've never heard of announces it's dumping all of its ETH and XMR to buy BTC
>OP says he gives up and everyone is selling and nobody is buying
Can't fix stupid I guess.

>> No.24396313

this is a massive bull signal to 20k lmao

>> No.24396438

>>24396194
dude, paypal alone buys up like 70% of new mined BTC together with grayscal capital accumulating....

>> No.24396537

>>24396194
dude, paypal

>> No.24396591

>>24396194
dude, paypal

>> No.24396620

>>24395833
>trading crypto
>not just holding
thanks for your input retard

>> No.24396648

>>24396194
paypal dude

>> No.24396656

>>24396194
dude, paypal

>> No.24396672
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24396672

>>24396194
dude, paypal

>> No.24396796

>>24395833
>I hate XRP
Why the fuck would you hate something that makes money as a trader? Confirmed LARP.

>> No.24397081

Massive buy signal, will go up to $25k

>> No.24397107

>>24395833
bros she’s so cute

>> No.24397263

>Paypal employee hypes everyone on BTC.
>Gets approval and starts selling crypto
>Go home for Thanksgiving. Whew.
>Price -16.3%

I'd hate to be that guy in a Paypal meeting monday. HAHA.

>> No.24397410
File: 178 KB, 550x527, FuckYouIwarnedYou.png [View same] [iqdb] [saucenao] [google]
24397410

>>24395833
>i hate xrp.
you had three years.

>> No.24397466

>>24395833
>The probability that it will continue over 20k this week is low.
literally 50%

>> No.24397508

>>24395833
name?

>> No.24398651

>>24397508
Riley reid

>> No.24400076

>>24396282
>>some other company I've never heard of announces it's dumping all of its ETH and XMR to buy BTC
Elaborate. I have XMR but no BTC, am I fucked