/biz/ - Business & Finance

[Anonymous No.27249412]

Why does this keep dipping?! Everytime, it just dips. I'm surprised it's not worth $ - 50000 by now.

[Anonymous No.27249562]

>>27249412
Look at the BTC chart for very late december 2017 and early 2018, that's the situation it's in right now. You're gonna see a looot more "dipping" over the coming months.

[Anonymous No.27249621]

>>27249562
early 2017

[Anonymous No.27249641]

>>27249412
it went from 10k to 42k in 3 months, give it a break now willl ya.

[Anonymous No.27249770]

>>27249621
Absolutely wrong.

[Anonymous No.27249813]

>>27249770
absolutely correct dear
>i missed out at 10k

[Anonymous No.27249841]

>>27249770
prepare your anus bobo

[Anonymous No.27250005]

God the more it goes lateral the more I get a rock solid erection cuz I know when it finally goes up it’s going to explode.

[Anonymous No.27250064]

The stock market is going down bitcoin is following
people are moving money into meme stocks and following hype...................its all down hill until this blows over, with mini pumps from excitement

[Anonymous No.27250090]

>>27249562
100% this. Truly incredible how some people fail to see that. Must be due to their lack of experience or because they are heavily biased in their thinking due to having entered the market near the top. Likely they suffer from a combination of both.

We had the exact same problem with fresh crypto babbies when the descent from 20k began, back then they who had bought in near 20k were saying we were in mid 2013 which was completely delusional but they seemed to actually believe it. Now they don't say mid 2013 instead they say early 2017.

[Anonymous No.27250138]

>>27250064

THHHHHHHHHHHHHHHHHHHHENBOOOOM!
TO THE MOON!! before slight correction

[Anonymous No.27250163]

>>27249562
is it taxes?

[Anonymous No.27250221]

>>27249621
Based. I agree

[Anonymous No.27250441]

>>27250090
>Now they don't say mid 2013 instead they say early 2017.
now we are at 33k you fucking moron
if you buy now you will do just fine in 2025

[Captain Cuck No.27250692]

>>27250163
nah they just jews tryna convince you its over so they can make money off shorting bitcoin.... and its working... and we cant do anything about it because all the plebs have been distracted by silly stock market and had their money either lost in stocks or locked up unable to take it back out... gg, bitcoin is dead, the jew fudders shorters have won... unless the community does something about that....

[Anonymous No.27250732]

>>27250090

[Anonymous No.27250780]

>>27250090
>100% this. Truly incredible how some people fail to see that. Must be due to their lack of experience or because they are heavily biased in their thinking due to having entered the market near the top. Likely they suffer from a combination of both.
you talk like one of the fags who try to time the market and after 10 years of being involved into crypto still doesn't even own 21 BTC

[Anonymous No.27250808]

>>27250441
>now we are at 33k you fucking moron
The number makes no difference whatsoever. It could just as well be at 330k right now, wouldn't change the fact we're not in an early 2017 or mid 2013 situation.

You must learn to think in percentages. The percentage drop from the top, for example. Not in digits.

>if you buy now you will do just fine in 2025
Mmm-hmm. And if you buy at 40k instead of 20k, you get only half as many coins. And yes, it will test 20k and very likely go below that. Last time it went from 20k to 3k. But you weren't here then.

[Anonymous No.27250820]

>>27250732
I think I'm gonna make some of these but with poo poo pee pee

[Anonymous No.27250865]

>>27250808
>Last time it went from 20k to 3k. But you weren't here then.
lol
i'm all in since 900$, never sold

[Anonymous No.27250874]

>>27250808
>And if you buy at 40k instead of 20k, you get only half as many coins

[Anonymous No.27250983]

>>27249412
literally showing bullish divergence on daily pls kill yourself, you don't know something and instead of education yourself you ask randoms on the internet

[Anonymous No.27251172]

>>27250808
yeah it will test 20k lmao why do you pull these out from your ass? you cant time the market and there is a chance that it will never go 20k. dont you remember that there is a supply shock, and we are after a halving? there is a goot chance that it will go up to 200k too. stop pulling bs out from your ass and just accumulat on whatever the price you can get and wait a few years, its not rocket science

[Anonymous No.27251250]

>>27250808
Regarding the necessity of thinking in terms of % that's very true, as BTC may easily sink ~80% from $42 000. We've seen declines like that happen before. That brings it to around $10 000. Wouldn't be the least bit surprised if that happens.

[Anonymous No.27251258]

i should wait a few months until the 2018 tier crash then buy, r-right bros?

[Anonymous No.27251300]

>>27250808
>You must learn to think in percentages. Not in digits.
digits matter, percentages don't
21+ BTC
DCA + buy and hold always win in the long term cause you don't miss out on the way up
you keep focusing on the crashes, but in reality btc keeps crashing upward, you should try to rotate the screen

[Anonymous No.27251337]

>>27251258
It will take much longer than just a few months for this to bottom out.

[Anonymous No.27251340]

>>27251258
It's a new paradigm, and everybody who doesn't buy, now, will be priced out forever. Anybody who does buy will be rewarded with a lifetime of riches, as their bitcoin will continue its 30% monthly price increase.

Nocoiners, and anybody born in a future generation, will not be able to afford a $10,000,000 satoshi in 15 years. They will live in tent cities, and Hondas.

This asset bubble is different than all of the others - it will never slow down, or pop. The gains are permanent.

[Anonymous No.27251357]

>>27251258
Just buy a little bit every week.

[Anonymous No.27251375]

>>27251258
then you risk missing out
buy in the way down, buy on the way up
go all in on flash crashes

[Anonymous No.27251383]

>>27251250
it goes for you too, there is instutational investors going for the dips and we are after a halving, and that period is traditionaly a moon ride, you guys think 40k is the moon for the next few years? I doubt so.

[Anonymous No.27251416]

>>27251340
>It's a new paradigm
kek

[Anonymous No.27251428]

>>27249562
Look at chart for July 2017 instead

[Anonymous No.27251441]

>>27249412
LONGS LOOK AT THE LONGS, 90%:10% long:short ratio

Longs are closing meaning they have to sell get ready for the dip

[Anonymous No.27251446]

why did it double from 20 to 40k?

[Anonymous No.27251480]

>>27251258
it might not even go back to 30k during this crash.

[Anonymous No.27251481]

>>27251258
Yeah and miss out on the pump to 248k.

[Anonymous No.27251554]

>>27251446
Why not? Going up is what it does long term, and it broke the all time high of 20k so ofc it would eventually double.

[Anonymous No.27251568]

>>27251428
this

[Anonymous No.27251605]

>>27251416
only newfags show this picture. at any point in time the absolute most stupid thing to do ever was to take profit. unless you took profit to buy back lower. this thing only goes up up up cause of the BRRRRRRRR and fiat going down down down.

cashing out is a meme now. only retards cash out.

[Anonymous No.27251698]

past performance does not indicate future performance and we are in the clown world guys, im just going with the flow and hope for the best.

[Anonymous No.27251720]

>>27251481
>pump to 248k
...in 2025 or so.

[Anonymous No.27251851]

>>27251605
>cashing out is a meme now. only retards cash out.
this
we are in BTC to escape the FIAT debt-based-rat-race-system
at no point in time i will ever convert my BTC back to FIAT
BTC is math and cannot be stopped
BTC is our choice, the more people comes on board and realize the power of unconfiscatable and fully sovereign money, the stronger it becomes
BTC is not a "oh look next week it's gonna be this X weaker or stronger than the dollar"
FIAT is weaker every day
BTC is stronger every day

[Anonymous No.27251904]

>>27251720
I can easily hold untill 2025, and its not even a risk, I trust BTC and ETH and its fundamentals, unlike most of the shitcoins.

[Anonymous No.27251986]

Poorfag here who finally got together a bit of money. Is now a good time to buy in? Or should I wait for it to dip more?

[Anonymous No.27252014]

>>27249412
Probably many smaller investors are selling some of their crypto holdings to afford to get in on the stocks game.
Once this GME excitement blows over, I expect many of them to reenter crypto and the coins to get another decent bump.

[Anonymous No.27252106]

>>27251605
>only newfags show this picture
Oh dear the levels of cope.

>unless you took profit to buy back lower.
Umm, duhh? I guess you're unfamiliar with the concept of selling high and buying low. Most of /biz/ buys high and sells low after all.

>cashing out is a meme
You're not supposed to cash out crypto. And when people talk about selling, they usually mean going into stablecoins.

>>27251904
Have fun with that and miss out on all the dips and mega crashes along the way.

[Anonymous No.27252114]

>>27251851
ive cashed out a few times only to come to the conclusion that the fiat money is shit and only loses value in the long run. the further we go the more people will realise this. there is no better place to put your value then crypto.

[Anonymous No.27252129]

>>27251986
you should buy for the long term and it shouldnt matter much, you cant time the market

maybe buy ETH because its undervalued imho

[Anonymous No.27252155]

Don't forget that 900 new bitcoins are minted every day. The Chinese sell them as fast as they can get them.

[Anonymous No.27252194]

>>27251851
Holy shit, a non-retard.
Didn't think I'd see one on /biz this week

[Anonymous No.27252209]

>>27252106
>they usually mean going into stablecoins.
stablecoins are a meme. and you are a new fag.

[Anonymous No.27252325]

Just wait a year or two, it just keeps going up. Forever. As long as the internet exists, BTC will keep going up. Put in $1000 today and extract a house in 15 years.

[Anonymous No.27252435]

>>27252106
not gonna miss out, I will allocate liquid capital after I accumulated enough BTC and ETH. there will be new possiblities in the future, probably ones with more reason and sustainability. Dogecoin was a complete shitshow and its not the same as GME was.

[Anonymous No.27252487]

>>27252129
It's definitely a long term plan. It's a lot easier keeping the money as crypto away from my normal bank account anyways.

What's a good short term strategy to maximize my earnings? I put $25 into dogecoin and when I dumped I made about $50. If I hadn't fallen asleep the night it peaked I would have made more, but I'm still very happy with such a large short term gain. I'm not dumb enough to think that's a regular occurrence though, which is why I'm asking for strategies in the first place.

[Anonymous No.27252519]

The bears are trying to keep us under 33k, do the needful sirs. I need to feed the village dear sirs

[Anonymous No.27252551]

>>27251851
>>27251605
Probably the biggest mistake of my life was getting lucky enough to panic sell at the very top in the 2017 bullrun. Forever after if I tried to buy BTC I would think I could time selling at the top again. Obviously, it didn't work and it's cost me from keeping a solid stack.

I'm just doing recurring buys now and never touching it for years. Just sucks I will probably never ever get the chance to hodl a comfy 1BTC again

[Anonymous No.27252563]

>>27251383
Institutions buying is a bearish indicator.

[Anonymous No.27252625]

>>27252114
I prefer land myself, but crypto is definitely number 2

[Anonymous No.27252644]

>>27252487
you can autistically success about buying the dip or you can just make it easy for yourself and buy a little bit every week forever and be rewarded in a decade no matter what.

[Anonymous No.27252669]

>>27252487
there is no perfect strategy, but information is important, you just have DYOR

[Anonymous No.27252771]

>>27252644
autistically obsess*

[Anonymous No.27252801]

My most optimistic theory is that they want to hold btc in this range to play out a mini alt season, which is going on right now but dunno for how long

[Anonymous No.27252820]

>>27252563
It all depends on perception, I would say adoption is always good

[Anonymous No.27252839]

Buy this big dip that’s coming this is gonna good time to re up

[Anonymous No.27252852]

>>27252551
yeah I know what you mean. its very risky to sell your bitcoin. a month later it could be up 30pct and it might never come back down as low as what you sold at ever again. the game has changed. it used to be a game of generating more fiat. now the game has become generating more crypto. anyone who is still trying to collect dollars and euros is an absolute fucking retard and doesn't cant even see the writings on the wall.

When I have 100k euros on my bank account I get angsty, i get really fucking stressed becuase I know, that if i don't put it somewhere i am getting robbed by the fiat inflation jew. This is a problem all rich fags have. and the best solution has recently birthed in 2008. it was crypto. it will be crypto for decades to come. it will, absorb all of the debt in the world. and only idiots will not buy.

[Anonymous No.27252930]

>>27252625
Land could potentially be nice depending on where you live, but here, theres many added costs and theres a middle man that takes like 10pct of the sale value. basically a fucking jew scam. most people that buy land don't actually want land, they want a store of value. they want to hide from the inflation jew. what they truly were wanting, is, crypto.

[Anonymous No.27253055]

>>27252644
>>27252669
Thanks, that makes a lot of sense. It seems like the most prudent course of action would be to be patient and play the long game.

[Anonymous No.27253153]

>>27252930
>>27252625

I have a chunk of land thats classified as agricultural land, man I should have just sold it because it aint seem to be reclassified anytime soon unfortunately..

[Anonymous No.27253246]

>>27253153
its still better then fiat bro. everything is.

[Anonymous No.27253260]

>bought at 35k

[Anonymous No.27253460]

>>27252551
why not, I am swinging my way to 1, its easy

[Anonymous No.27253498]

>>27253260
LOL, remember this moment in 5 years when you are 10x

[Anonymous No.27253559]

>>27253246
indeed, at least its there and has potential

>>27253055
Most safe strategy would be just BTC and ETH for now I think, also less involvement since its just waiting

[Anonymous No.27253635]

>>27249412
Bitcoin is getting shorted too

[Anonymous No.27253761]

>>27249412
>Everytime, it just dips
>up 246% in the past 12 months

[Anonymous No.27254154]

But honestly, m most positive prediction is that BTC will save the world from this madness and we can start to build the future finally, people just have to realize that the game is rigged and you have to rig it back, just like with GME but on a much larger and lasting scale.

[Anonymous No.27254265]

>>27253460
Because I'm buying .003BTC at a time at this point. $1k is about my extra income for the month that I'm has just been gradually adding up so I'm putting it to crypto. 100 for BTC, 100 for ETH, 50 for LINK a week.

I have some savings so if there's another major dip I might just say fuck it and dump it all in so I can have a stack. But generally I'm done trying to time the market with big purchases/sells

[Anonymous No.27254330]

Keep buying, OP

[Anonymous No.27254433]

>>27251428
>>27251568
Delusion

[Anonymous No.27254550]

>Why does this keep dipping

[Anonymous No.27254669]

>>27249412
because bitcoin is an online casino and right now the online casino of the stock market is attracting more gamblers than bitcoin
once the SEC cracks down on stock market gambling bitcoin will rise again

[Anonymous No.27254780]

Is it safe to hold my BTC on binance?

[Anonymous No.27254794]

The cme futures market is how (((they))) keep the price (somewhat) controlled. You may want to take some eth profits before that futures market opens in feb.

[Anonymous No.27254849]

>>27254669
Sauce?

[Anonymous No.27254957]

>>27254780
It really depends on how retarded you are. If you cant trust yourself with the responsibilty of securing your privkeys you should just put it on coinbase.

[Anonymous No.27255009]

I'm considering getting a ledger nano x. Anybody know of any better alternatives I should look into?

[Anonymous No.27255039]

>>27254433
Not delusional. I'm scared as fuck and already sold most of my btc. But still that's on the chart and you can't deny it happened and how similar things line up. There's probably not a more similar fractal in all of btc's timeline than July 2017.

[Anonymous No.27255111]

>>27250808
>>27251250
Do you think this is going to be bearish for all crypto? I notice some moves with and some move against btc.

[Anonymous No.27255129]

>>27249412
cowards are getting shaken out before the big run

[Anonymous No.27255183]

>>27254849
>www.youtube.com/watch?v=n1qSRhqz1J8
probably not what you thought it was but it's pretty comfy

[Anonymous No.27255257]

>>27250692
the entire GME meme is designed to redirect bitcoin spending into USD via stonks.

[Anonymous No.27255338]

>>27250874
fukken saved

[Anonymous No.27255363]

>>27249562
.> You're gonna see a looot more "dipping" over the coming months.
You are wrong.

[Anonymous No.27255629]

>>27251250
literally retarded level analysis right here. midwits are a mistake.

[Anonymous No.27255742]

>>27251340
>he thinks it’s an asset

[Anonymous No.27256496]

Now is the time to get more, while it's in the low 30s. It's going to start climbing again after Feb 4, potentially quite a lot.

[Anonymous No.27256917]

>>27251340
This reads like bait, rather poorly crafted bait I might add. It's either bait or you genuinely have some sort of mental problem. This is /biz/ after all, where there is no limit to stupidity.

[Anonymous No.27257237]

When everyone said it was going to zero in 2018-2019 I was DCA'ing

>Who BigBrains here?

[Anonymous No.27257458]

>>27256917

[Anonymous No.27257556]

>>27251416
zoom out

[Anonymous No.27257752]

PUBLIC SERVICE ANNOUNCEMENT

CRYPTO IS OVER

THE PUMP HAS BEEN PUMPED

GET OUT QUICKLY AND BUY SILVER

[Anonymous No.27258367]

>>27249562
>this time is different! BTC will only reach 2x its previous ATH!
>this time is different! the bull run will end only a month after breaking the 2017 ATH!
>this time is different! the bull run will end only half a year after the halving!
>this time is different! it's a 3 year cycle rather than the standard 4 years!

This time is not different.

[Anonymous No.27258456]

lmao they still try to shill this shit here, don’t check it if you are not a stupid

wanna have profit with no risks - use NFT, best thing for 2021 kek
I discovered Playcent and that scam that u try to show me is not exciting

[Anonymous No.27259971]

bump

[Anonymous No.27260098]

>>27258367
We are already at alt season, so it's early 2018, not early 2017.

[Anonymous No.27260385]

>>27260098
ETH only just kissed its ATH. Do you actually think this is comparable to the 1/2018 blow off top of alts? Alts had periods of booming gains all throughout 2017

[Anonymous No.27260514]

>anon missed Bitcoin pump
>anon missed Dogecoin pump
>anon missed Donut pump

Buy Chads VC. Marketcap is at 800k

[Anonymous No.27260605]

>BTC correcting
start a DCA very soon

[Anonymous No.27260722]

>>27249412
>goes from 10k to 40k
>why is it dipping

lmao