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/biz/ - Business & Finance

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28931362 No.28931362 [Reply] [Original]

Bitcoin pumps, alt still dumps.

I am afraid this line of business might be beyond my understanding /biz/.

>> No.28931420

My alts are fucked. May as well become a BTC Maxi after this bullshit.

>> No.28931449

Look up 2017 charts of btc vs alt coins. A lot of alt coins mooned after btc started it's decline.

>> No.28931541
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28931541

it's easy. buy low...sell lower.

>> No.28931692

XMR is still pumping hard rn, so I don't know what you're talking about

>> No.28931759

>>28931449
Hehe. Alt season hasn't even begun. It'll be bigger than 2017

>> No.28931787

>>28931362
yup, alts need BTC stability or a slow decline to be successful

>> No.28931810

>>28931362
>people move money into BTC because it's pumping
>alts go down, BTC goes up
>Hype dies down and people hear about other cool projects and move money into that
>BTC goes down, alts go up
Not a difficult concept

>> No.28931892

>amazon pumps, the shady guys doing "garage sales" down the street dump
>amazon dumps, the shady guys dump
truly a mystery op. we might never find the answer

>> No.28931924

>>28931362
If bitcoin pumps people buy bitcoin to catch it. If it dumps people buy bitcoin to get it cheap. Big movements on bitcoin cause people to make decisions, which includes exiting their alt positions

>> No.28932040

>>28931362
BTC goes up, retards think its going to 100k they move their money to btc. alts lose money, check out bitcoin dominance

>> No.28932210

>>28931759
I have a feeling it will too fren. BTC has more than doubled it's ath in 2017 (of course). ETH and link has been exceptional, but coins like LTC, XRP, XLM, and DOGE are about to play catch up.

>> No.28932251

gotta have some time to spend on trading now
but this nabbas try to shill their fucking shitcoin
fine that I join bot ocean bot and strategies
no sense to believe in this shit

>> No.28932643

>>28932210
>doge is about to catch up

dear fucking god, if it does i'm burning my computer and praying for a solar flare holocaust.

>> No.28932746

>>28932643
it is backed by the richest man and his cult of brain dead normie followers

>> No.28932796

>>28932643
Seething

>> No.28933063

>>28932746
This. Also it's high ranked as far as market cap goes.