[ 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: 1.79 MB, 480x600, 1580480311398.webm [View same] [iqdb] [saucenao] [google]
49644550 No.49644550 [Reply] [Original]

If you try to catch the knife at 20k, here is what's going to happen to you:

>Price breaks below 20k, which causes a liquidation cascade down to 17k
>17k is where Celsius has their $500M liquidation
>Celsius gets liquidated and causes another cascade down to $14k
>You are down 30% in 1 day because you bought right before the famed capitulation wick

>> No.49644643

this is what spooks me. i will buy at 20k but it will be with an incredibly tight stoploss

>> No.49644756

It will probably happen tomorrow when the fed announces 75bps and stocks take a big shit

>> No.49644920

>>49644550
Wtf did you just post, I haven't such an animal though. Speaking of your market prediction man, anything is possible right now, I just wish CEL keeps up and don't get liquidated coz from the look of things they have got great potentials and so does other of my buys be it SYLO or even GREEN.

>> No.49644993

>>49644550
what the FUCK did you do to grow your garloid that big???

>> No.49644998

>>49644920
It’s an american housecat

>> No.49645011

>>49644920
It's called a damascus goat it's the arab version of those really ugly inbred dogs they even have a goat version of best in show

>> No.49645033

>>49644920
elder bhutanese garloid
that's why you're supposed to harvest them when they're still young

>> No.49645044

>>49644550
is this a sith lord?

>> No.49645078

>>49644550
My initial buy target was 20k but I expected it to come when the fed was deep into raising rates and QT in late 2022 or early 2023. The fact that it has come this early when the fed is just getting started means it most likely won’t be the bottom and you will be right

>> No.49645177

>>49644550
what the fuck is this hideous fucking monstrosity

>> No.49645354

>>49644550
>17k is where Celsius has their $500M liquidation
those irresponsibly cunts!! my liquidation is at 16.1k

>> No.49645423
File: 151 KB, 976x1077, 1642263016343.jpg [View same] [iqdb] [saucenao] [google]
49645423

>>49644550

looks like old man sneed went a little too heavy on the feed again

>> No.49645584

>>49644550
>middle eastern goats evolve to be as ugly as possible so they dont get raped
makes yo uthink

>> No.49645629

>>49644550
is that 100% of celsius' funds?

>> No.49645933

>>49645584
You just know they put a burka on it and start accusing it of being a dirty whore before they gang rape it.

>> No.49646051

>>49645629
Probably close to it, yes. They have been withdrawing a lot of their users funds (kek) and added to their collateral to lower the liq price. If they get liq’d all of their users funds will go down the drain

>> No.49646438

>>49646051
>If they get liq’d all of their users funds will go down the drain
last time I got liquidated on binance they only took three quarters

>> No.49646559

>>49644550
If bitcoin goes to 17k there will be so much liquidations that the price will immediately skyrocket to 30k. It will be the most volatile happooning ever in crypto. And Saylor will be hanged.

>> No.49647077

>>49646559
>the price will immediately skyrocket to 30k
That won't happen as long as the Fed is tightening, which they will be for the next year or so. Best case scenario is a slow bleed like when the price went from 6k to 3k in 2018. The V shaped recovery in 2020 in both crypto and stocks was fueled entirely by Feds QE, but that won't be happening this time