[ 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: 24 KB, 263x268, 1609049661005.jpg [View same] [iqdb] [saucenao] [google]
25293739 No.25293739 [Reply] [Original]

WHO IN THE ABSOLUTE FUCK IS BUYING AT THESE PRICES. THE ARTICLES HAVE ALREADY BEEN MADE. THE NORMIES ARE ALREADY BUYING. THE FUCKING SEC IS ABOUT TO LAY THE LAW DOWN ON THE CRIPPLES. WHY WONT WE FUCKING DUMP!!!!!!!!!!!!!!!!!!!!!!!

>> No.25293773

We're not even at $100k, which is still a massive undervalue

>> No.25293791

>>25293739
2k check coming soon...

>> No.25293857
File: 38 KB, 401x592, 1587353073925.png [View same] [iqdb] [saucenao] [google]
25293857

>>25293739
just bought 2 btc at $27,100. keep seething.

>> No.25293884

>>25293857
you are retarded

>>25293773
we wont go to 100k without a good correction

>>25293791
thats the spirit

>> No.25293893

I hope it goes below 10k again. Please. Mr. Bear do me a solid.

>> No.25293920

>>25293739
I know it's been a few years of bear markets, so maybe you are just too used to that paradigm and can't comprehend what a bull market is like. Green line go up now, faggot.

Shorting during a bull run is stupid. Sitting on the sidelines trying to perfectly time your entrypoint during a bull run is stupid. Yes, there are retraces on the way up to the blow-off top, but you don't know when or where. You are far more likely to get JUST'd trying to short/time the market right now. It's not worth it.

>> No.25293928
File: 154 KB, 750x598, 1607299785216.jpg [View same] [iqdb] [saucenao] [google]
25293928

>>25293739
Because us maxis are not shitcoin speculators we are storing our wealth outside of the banking system while you fiat ADDICTS just want to make a quick dime. bobo's are no better than the jews at ripple.

>> No.25294168

>>25293928
This

>> No.25294185

>>25293739
https://www.lookintobitcoin.com/charts/rhodl-ratio/

Sell when the red line is in the red band.

>> No.25294247

>>25294185
Bobo wants to buy dumdum

>> No.25294278
File: 83 KB, 1080x1080, 1609176163969.jpg [View same] [iqdb] [saucenao] [google]
25294278

>>25293739
Normies aren't buying this time around. It's nation states, banks and investment funds. Trillions of dollars flooding into crypto and if you don't have a decent sized bag right now you're ngmi.

>> No.25294293

>>25293739
i just went all in with $135 stay poor bobo

>> No.25294327

>>25294247
He had 3 fucking years.

>> No.25294363

>>25294327
12*

>> No.25294768

>>25294293
Nice you got 0.001 btc, in 30 years tha gonna be like 10k..

>> No.25294814

>>25293739
>WHO IN THE ABSOLUTE FUCK IS BUYING AT THESE PRICES
me. You mad?

>> No.25294908

>>25293791
Mitch fucked that effort to pieces today.
$600 piss puddle checks.

>> No.25294938

>>25293884
>we wont go to 100k without a good correction
times change pal, this is an unpresidented time, there will be no correction that goes under 25k, i feel bad for perma bears

>> No.25295082

>>25293739
You don't even get it do you
In 2021 we are going to test $100,000. Screencap this, print it out, hang it on your wall. You're witnessing the ever typical rise and consolidation that this fucker did in 2017 before blowing the top off in the backstretch of the year. The magnitude will be all the same, less 2 SD.
>>25293884
Corrections need not happen in ways advantageous to your position. A period of sideways movement (consolidation) within a price range is sufficient to establish support and let whatever indicators you like catch up with the price.

>> No.25295941

>>25293739
buy before you fomo in 160k nigger

>> No.25296397
File: 297 KB, 847x793, 1609161552007.jpg [View same] [iqdb] [saucenao] [google]
25296397

Here's my take. Hedge funds were buying so that they would have a little bitcoin in their portfolio to show for their end of quarter statements.

The quarter ends in 2 days.

Get ready b*lls. That $2000 gap is only the first of many that's going to be filled.

>> No.25296833

>>25296397
This is also my assumption. All the institutions buying into BTC are mark to market, meaning they bill their clients at their end of year paper value. It's why they've been shilling so hard lately, particularly in the MSM. The directors will get massive bonuses, the funds take a mindboggling profit, and their investors are left holding the bag.

It will get particularly bad when Greyscale becomes a net seller of BTC. That's when the real fear will begin.