/biz/ - Business & Finance

[Anonymous No.25840053]

It's gonna take a few months of slowly climbing to reclaim the $40k level now, isn't it?
How did they crash it $28% in a single day? Don't these greedy fucks realize this would just back away normies from investing money into Bitcoin yet again?

[Anonymous No.25840079]

>>25840053
shaking/pricing out normies is bullish

[Anonymous No.25840097]

>>25840053
>It's gonna take a few months of slowly climbing to reclaim the $40k level now, isn't it?
March. Alt season starts this week now that boomercoin finally shit the bed.

[Anonymous No.25840099]

>>25840053

[Anonymous No.25840109]

>>25840079
But you need normies to fomo in for the fuel. A 28% crash in a single day isn't healthy, I wouldn't have minded if it happened over a week or some shit.

[Anonymous No.25840176]

>>25840109
Agree it’s total bull shit.

[Anonymous No.25840180]

>reclaim the $40k level
It's gonna take a few months to break the support and shit to the ground

[Anonymous No.25840193]

>>25840109
they will fomo in december

[Anonymous No.25840227]

about a week or so meanwhile alt season are you new or something?

[Anonymous No.25840238]

>>25840053
3 days top.

[Anonymous No.25840269]

>>25840053
>It's gonna take a few months of slowly climbing to reclaim the $40k level now, isn't it?
No, it'll be back there within a week

[Anonymous No.25840292]

If I just keep putting money on BTC and ETH no matter the entry price for two years, will I be making profits?

[Anonymous No.25840335]

>>25840053
>It's gonna take a few months of slowly climbing to reclaim the $40k level now, isn't it?
More like a few years until there's another bullrun.

[Anonymous No.25840370]

>>25840053
Because it is normies. It's all the goofs on twitter talking about their bitcoin stock shares getting shaken out because oh no my $200 buy dropped 5%
>>25840109
They don't even look at charts.

[Anonymous No.25840375]

>>25840109
First bullrun?

[Anonymous No.25840434]

>>25840292
Historically speaking, yes. No matter which point of time you DCAed in, if you held you made profit.

[Anonymous No.25840637]

>>25840053
they will buy back in high again

[Anonymous No.25840754]

>>25840637
I don’t know anon, fool me once, fool me twice and third time I think a lot less will fomo in.

[Anonymous No.25840868]

>>25840754
never underestimate greed. it makes people do funny things

[Anonymous No.25840929]

>>25840754
The normies who got shaken out will be replaced by even stupider ones gambling their $15 in juul pod money for the week. They will also get burnt or forget about it and lose login info (they aren't even using a wallet just exchanges) and the cycle will continue the entire run until crypto once again gets memoryholed for 3 years. They don't have the attention span or will to hold through dips. But it's not bad news for the market as a whole. Grayscale isn't touching shit for years and JP Morgan has to be balls deep with their price projections. Even if they're wrong you think JP Morgan is dumping their bags? They're stubborn boomers

[Anonymous No.25840930]

>>25840109
a 70% crash is gonna happen over the week, a 25% is a baby boy

[Anonymous No.25841015]

>>25840868
But the first bullrun had insane returns which forced the normies to learn about Bitcoin and buying process.
Unless we go to $1M by this year, they prolly won’t fomo back in.

[Anonymous No.25841090]

>>25840930
If a 70% happens so soon then say goodbye until next havening. These market movers didn’t spend 3 years accumulating to just distribute it on a mere 2x from last ath pump.

[Anonymous No.25841133]

It’s always the same shit, dead cat bounce to 39k and then straight to 13k for the rest of the year. I’ve made my limit calls, have you?

[Anonymous No.25842019]

>>25841090
The bubble just formed too early. We will have another one at the end of the year.