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55257565 No.55257565 [Reply] [Original]

Tl;dr: millionaire, mostly cashed out, still in BTC/ETH/LINK, been through multiple cycles

Here's how I see the next few years:
>BTC drops, at worst, to $20k at some point over the next 3-4 months
>Alts bleed hard, BTC dominance over 50% by EOY
>BTC begins to trend back up by Q4
>Alts rally in spurts, BTC hits $30k before EOY
>2024 will be a face ripping year for markets. The recession everbody expected never came, or was only minor. Against all odds, the US mitigated inflation without killing the jobs market
>Little known secret: total crypto market cap has a ceiling equivalent to Apple's current market cap. Luckily, Apple will hit 4+ trillion in 2024.
>Alts will strike back in second half of 2024. BTC will be above $40k by Q2 2024.
>By early next year, SEC will likely win their trials and charge substantial fees; crypto markets will rally because "regulation" technically has arrived
>BTC breaches previous ATH by Q4 2024, target of $90-100k this cycle
>ETH will probably cap out at $8k
>Bubble pops sometime in 2025

Yeah, I know, real fucking original predicting another run of the 4 year cycle, but supply/demand for BTC has been completely in line with what you'd expect. Fiat on ramps aren't being banned because that's completely outside the SEC's power. Their main tool is fines, which Coinbase can absorb and Binance US can chink their way through. Should be a fun two years, but any currently broke fags will remain broke unless they go all in on alts in Q4 this year. This is basically financial advice.

>> No.55257580

>>55257565
Good advice. Appreciate it, fren.

>> No.55257589

>>55257565
Nice take. Link price top?

>> No.55257595

>>55257565
I'm a millionaire too (multi hundreds)

This is the real plan
>I'm all in LINK and BTC (ETH IS FOR NIGGERS)
>BTC STRAI H T TO 50K EOY
>links stay stinky

>> No.55257602

>>55257589
Probably 100 ish. LINK will likely be sub 3 first. Anything besides BTC should be avoided till Q4. The ETH/LINK I still have is so heavily in profit that my taxes would eat any potential profits by swing strading.

>taxes

Yes, I live in a first world country with a HNW.

>> No.55257643

>>55257565
yeah pretty consensus timetable honestly, though I think btc could take til q2/3 next year before getting back over 30k. The big X factor this time around is going to be AI, the cycle theory needs waves of increasingly retarded people fomoing in during the parabolic phase and all these retarded people may just be too busy bidding NVDA up to $1000 to notice or care about crypto this time around. Or worse, if actual AI stocks are around by then, like if OpenAI has IPO'd, it's probably game over for crypto shit. AI just resonates too much with joe average while crypto is still fumbling for a good sales pitch after 14 years. Unironically ai-generated superhero pfps have delivered more utility to the average human than crypto ever has.

Whatever kind of pump we get this time around, I think it'll honestly be the last one and crypto will sunset into irrelevancy by 2030. BTC will never totally die but just become a shitty gold proxy, and ETH will limp along forever as the de facto casino chain, but I think we've reached an event horizon of cynicism in this space that's impossible to fully recover from now, and it'll repel new investors who'll prefer to buy the techno-optimism of AI plays.

>> No.55257682

>>55257643
Agreed on this being the last run. A sub 100% run up over last ATH will firmly cool off general enthusiasm. Crypto will likely melt up alongside AI, as there will be projects that float shit like "AI powered smart contract settlements" on top of a (probably wrong) notion that AI-powered fintech will provide a possible usecase for cryptocurrency. It's all buzzwords, but recall 2021. The only real drive there was NFTs, which obstensibly had nothing to do with 95% of coins. The other main catalyst of 2021 was the rising tide that was equity markets, which will likely happen again.

Fuck's sake, Apple has already breached it's ATH.

>> No.55257742

>>55257643
>>55257682

You are good guys but too negative
We have come a long way guys
Bull runs will get more timid but they will last
Bitcoin will stay
Next bull run will be AI, BRC 20 tokens and Ordinals

>> No.55257760
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55257760

>>55257565
Strongly agree with your timeline OP, however I’m worried about the CEX-SEC stuff. My main worry is the SEC prevails and bankrupts Gemini, which is my on-ramp. There’s already some fuckery afoot (picrel).

Anyways I’m all-in LINK, don’t really see a better value proposition for my situation. What do you think of the long term scenario for LINK? Suppose you stake 20K or so for life, should eventually be set right?

>> No.55257771

>>55257602
Thanks. That is kind of what I was expecting. I thought link would be an $80 top last time at best but I was called a fudder.

>> No.55257801

>>55257565
I agree with $30k at EOY. Since 100k will definitely be the top, what do you think the bottom will be in the next bear market ?

>> No.55257863

>>55257643
99% of people, even anons who were ahead of the curve on crypto, have zero clue what’s coming with AI over the next 20-30 years. I fully expect a singularity event to take place before 2050, and for ASI to exist by then. The world of the 2050s will make 2023 look like the Stone Age. Even the 2030s will blow your mind if you were born before 2000.
The redpill is “making it” in crypto and even the accrual of wealth won’t really matter for much longer. Make sure to own a few tracts of land and make damn sure that your primary residence is not in a major city. Chill in a rural area or small town for the next 10-15 years. You don’t want to get caught off-guard in the transitional period when AI starts automating normie jobs.

>> No.55257882

jannies please firebomb this artificial thread and everyone in it

>> No.55257970

>>55257589

why would you take him seriously on Link when he says shit like this

>>Little known secret: total crypto market cap has a ceiling equivalent to Apple's current market cap. Luckily, Apple will hit 4+ trillion in 2024.

He doesn't know what he's talking about.

>> No.55257987

Billionaire here,
Cz is going to jail
BTC is going to 5k
Your alts are zeroing out

>> No.55257995
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55257995

>>55257565
>>55257580
>>55257589
>>55257595
>>55257602
>>55257643
>>55257682
>>55257742
>>55257760
>>55257771
>>55257801
>>55257863
>>55257882
>>55257970
>>55257987


>Look at me, i'm so rich I hold BTC/ETH and <some other shitcoin>

wow obvious link shill thread is obvious

>> No.55258980

>>55257643
>crypto
>irrelevant by 2030
Asset tokenization will be the main use case

>> No.55259687

>>55257995
>wow obvious link shill thread is obvious
Hehe the link faggots are going hard at it, they seem almost as desperate as the avax homos.

>> No.55259697

actual multimillionaire here
99% of people here are 3rd world ESL niggers and low class poorfaggots, we come here to laugh at you

>> No.55259745

>>55257565
>but any currently broke fags will remain broke unless they go all in on alts in Q4 this year
what alts you recommend?

>> No.55259782

Bumping a rare intelligent thread.

>> No.55259867

Take on privacy king coin?

>> No.55260282

>>55257682
>Agreed on this being the last run. A sub 100% run up over last ATH will firmly cool off general enthusiasm
If you are really convinced on this, what does your exit strategy looks like right now? How will you identify the last bull top? Because I really think that with FTX and certain toxic VCs pumping our bags, it's really over for good this time

>> No.55260290

>>55260282
> with FTX and certain toxic VCs
without*

>> No.55260363

>>55259697
Based, same

>> No.55261357

>>55257643
why would this be the last bullrun, can you elaborate? I just don't see it, unless some total economic collapse happens which I believe is fully possible in this timeline

>> No.55261391

>>55257565
Pretty much my thoughts too. Wish I held off on buying alts until the end of the year, but I got impatient.

>> No.55261396
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55261396

>>55257565
this is the conclusion I've reached too op, good to see I'm not the only one

>> No.55261398
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55261398

>>55257565
>PLEASE sell
no

>> No.55261473

>Crypto will keep cycling because.... it just will okay?
The crypto meme is dead.

>> No.55262006

>>55257643
I think you're neglecting the potential to get into USD with BTC as a proxy for the global market.

>> No.55262283

>>55257565
Pretty much this
I've spent the last year calculating possible scenarios and I agree with what anon sez. According to realistic scenarios:

>By Q2 2025
>BTC will top at 110k
>Eth will top at 70k

As per very positive scenarios:
>BTC top will be 190k
>Eth will be 12k
This scenario could only be reached if there is huge manipulation on the market or we witness a white swan event. The SEC outlawing all shitcoins could be that event.

The worst case scenario:
>BTC tops at 65k
>Eth tops at 4k

This is without a doubt the last cycle. Crypto will be tamed by the SEC and it will become another asset in the investment market with swings similar to classic investment artifacts. 10%-15% swings in a yearly basis.

>unless they go all in on alts in Q4 this year

What alts do you reccomend? I don't look at alts

>> No.55262450

>>55262283
what about chainlink?

>> No.55262468

My thoughts
>niggers tongue my anus
>OP tongues nigger anuses
>he is a neet on welfare and will screencap his post and spam it everywhere claiming he was "100% right" in 2 years time when some of his predictions come true (but most will be wrong)

>> No.55262487

>>55257565
>yet another crypto is dead thread
bottom signal

>> No.55262489
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55262489

>>55257565
>>55257602
>$100 LINK
Not in this life linkie

>> No.55262558

>>55260282
FTX suppressed the last cycle top, dumbass.

>> No.55262871

>>55257565
When’s a good time to invest into botcoin

>> No.55264137

>>55261391
Maybe you need to be more calculative next time and probably get a means of earning passively so you're not under any pressure to rush back into the market too soon.

>> No.55264190

>>55261357
>why would this be the last bullrun, can you elaborate?
it's predicated on the idea that there was nothing really revolutionary about crypto, or at least, the revolutionary things about crypto had nothing to do with why the number went up so much. Rather it was just the buzziest, most risk-on thing that retards and vcs could sling money at during periods of easy market liquidity. That thing is now AI, which as far as anyone can tell doesn't really involve blockchains at all. Crypto is basically a mature technology, it has the problem where people can't speculate about what it might become (and give it absurd valuations based on that speculation) because it's already here now and it does jack shit for normal people. It's tried its best to be a lot of things (digital money, SoV, defi, metaverse, nfts) and basically failed at being all of them so far.

AI is exactly where crypto was in 2016/early 2017, everyone is just learning it's even a thing (most people weren't aware of it prior to the gpt4 moratorium memo in april), they're seeing the very early proof-of-concept shit you can do with it (yes stablediffusion waifus and chatgpt are still early days shit) and people are able to extrapolate infinitely from their first impressions to justify insanely rich valuations on anything that's ai-flavored.

There is only so much money available to throw at retarded shit and AI just looks better from every possible angle at this point, at least from the perspective of a normie with $20 throw at stocks or a groupthink vc playing with someone else's money. Yes if AI goes up a shit ton then crypto will get dragged up too as people try to arbitrage their gains, but that just means crypto as a whole becomes a shitty underperforming altcoin in the AI casino, the same way EOS or NEO still exist and go up and down with the rest of the market even though they're totally utterly dead coins.

>> No.55264360

>>55264137
What means of passive earning is viable in this sort of market? Say something else jeeet

>> No.55264371

>>55264190
How does one invest in AI?

>> No.55264454

>>55262558
FTX inorganically drove and faked the top, cretin

>> No.55264522

>>55262558
>FTX suppressed the last cycle top,

You mean Elon Musk. Musk destroyed the last leg of the last bullrun with a couple of twits. One in which he criticized BTC as wasteful and another one in which he stopped accepting BTC as payment for teslas, just to sell his own stack and keep tesla afloat.

How old are you? I'm thinking 14.

>> No.55264539

>>55257565
Does Fantom have a future?

>> No.55264557

>>55257565
Glad you are rich.

I can guarantee that recession /final crisis will come.
First Europe, then us.
Not deep into asian economics, but they will certainly feel if west looses its pp.

>> No.55264585

tfw been in since 2013, still haven't made it to even 6 figs

>> No.55264621

>>55264371
that's the thing, you kind of can't right now. There are proxy plays like microsoft (who own a part of openai) or nvidia (betting on their cuda moat) or maybe google. And that's about it other than some penny shitstocks. If there is still no direct way to invest in AI in the next year or two, I think crypto will catch a lot more of the bids that come in as powell walks rates back to zero and the economy starts ripping again and people just need a risk-on place to stuff their cash in. But like if OpenAI or Anthropic or all the rest have started to IPO, it's probably game over for crypto. OAI will probably get its mcap bid up past Apple within a year of public trading debut, I am not joking, it's just that much of a meme and everyone is totally blueballed wanting to jam their money in 'things that are AI'.

>> No.55264650
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55264650

>>55264371
You can't
That's why it's going to change our societies so drastically.
It takes 100's of millions of dollars worth of intense infrastructure to start an AI venture, and the rewards on what AI will provide will be emmense.
Companies are going to be able to automate practically everything you typically had a brain dead chimp human do for $50k/yr and the only work that will be sheltered from the labor market fallout will be trade work and the entertainment industry jesters that keep people occupied with frivolities.

There'll be a few things from crypto that will survive and serve as utilities to AI, but the vast majority of blockchain will be private blockchains used by financial institutions for tokenizing assets and implementing the final form of globohomo compliance mandated governance.

The average dipshit is going to need UBI for their allotted 1500 calorie diets of seed oil laden slop, and the people who managed to carve out a few hundred million for themselves before the turning will be the only one living their lives anywhere close to the artificially propped up post-WWII lifestyles that we take for granted.
If you can figure out how to buy enough land in a rural first world country before the shit hits the fan, you might have a chance to eek out a tolerable existence for yourself.

Aside from that, you might as well start picking out urban hellpods and get all the fun out of your system, because once this decade is over, there won't be much of that to be had.

>> No.55264670

>>55264360
If you were smart enough, you would have realized that earning yields with stables on platforms like Aave, SpoolFi, curve or YearnFi is barely affected by the market direction.

>>55264539
At this point, I don't see much about its future

>> No.55264770

>>55257565
>ETH will probably cap out at $8k
would make me a millionaire so it won't happen OP. I'm cursed. Sorry.

>> No.55264787

>>55257565
>>Little known secret: total crypto market cap has a ceiling equivalent to Apple's current market cap.
Why? Sauce?

>> No.55264956
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55264956

>>55259867
sideways forever

>> No.55265513
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55265513

>>55264190
>>55261357 #
>>why would this be the last bullrun, can you elaborate?
>it's predicated on the idea that there was nothing really revolutionary about crypto, or at least, the revolutionary things about crypto had nothing to do with why the number went up so much. Rather it was just the buzziest, most risk-on thing that retards and vcs could sling money at during periods of easy market liquidity. That thing is now AI, which as far as anyone can tell doesn't really involve blockchains at all.

top jej and lel. Imagine thinking normies talking about muh ai and agi being bearish for computational technology.

>> No.55265725

>>55257863
This is probably all true. I'm not sure I agree about wealth not mattering though. But yes, in general things are about to change greatly, and many will be crushed by it. Most people are just not flexible, adaptable, and mobile enough to psychologically endure exponential change. Were now entering the Exponential Age. As a Canadian, I'm GTFO of the country by setting up plan B residences in South America and SEA.

>> No.55265835

>>55257565
You may be a bit too pessimistic.
BTC dominance is already at 49%. It may go up a few percent more to 52-55%, but it will be difficult for it to go higher with ETH possibly flipping dominance with BTC around the end of the year and stable coin market cap increasing or remaining stable.

I don't understand well the US system, but I expect a recovery to happen in a 6 month time frame just like with the last China mining ban.

The real question is what happens with the DTCC, Swift and tokenization.
Those are the real use cases for crypto which could bring trillions of asset to it.
In the current state of development a lot more chain tx speed would be needed than what's possible.

>>55257602
LINK is difficult to predict because of the manipulation.
It may not end even with the next bull run and the last dump could cause a 1 year lack of interest for investors in it.

The altcoin dump seems like it was an exchange casino rug pull on their leveraged users to liquidate them all.
The exchanges lend money for leverage but they don't really buy the assets because they do things like this to liquidate the majority of traders.

The reason why BTC and ETH were less affected may be because they have more liquidity from more trust and less leveraged trader interest compared to altcoins.

>> No.55265853

>>55264137
You're not wrong, I should've just been content with my staking rewards.

>> No.55265870

>>55257863
What if the singularity already happened, but it choose to hide itself?

AI has an exponential improvement speed.
It won't take more than a decade or even 5 years to reach a complete change in society.

Human beings were genetically engineered to mine gold initially (niggers), then we were created as the final version to be companions and do heavy labor.
The logic was that it was cheaper to create biological systems compared to machines which require specific resources.

AI will deprecate most high IQ tasks currently requiring human beings because they cannot compete and what will be left are low skill jobs but there may not be enough jobs for everyone.

>> No.55266156

AI is fucking dead the minute the market realizes that a team of a handful of AI specialists and a data house strong enough to power it costs a hell of a lot more than a few dozen minimum wage shitters. Everyone is so completely coked up on a future dominated by AI that they haven't dived into the dollars and cents. Congrats, you fired 12 people making $35k a year and hired 1 guy who needs $300k to be pulled away from his cushy Google office so he can manage your $50k per month proprietary AI ***powered by NVIDIA***. Amazing cost savings there, retard.

>> No.55266633

>>55265870
>AI has an exponential improvement speed. It won't take more than a decade or even 5 years to reach a complete change in society

The rest of your post is schizo babble but I agree with this

>> No.55266788

>>55264670
>is barely affected by the market direction.
But hackers do!!!

>> No.55266856

>>55265853
That's it or you find a more suitable staking platform with better rewards.

>>55266788
More reason why it's better to opt for yield aggregators than single yield generators.
>risk diversification

>> No.55267068

>>55257565
>bubble pops
For the 5th time? Give it up boomer, crypto is here to stay, there wont be an all ending pop, just another bear market

>> No.55267231

>>55257565
These kinds of predictions never come true.
>t.2015 oldfag

>> No.55267311

>>55264650
>It takes 100's of millions of dollars worth of intense infrastructure to start an AI venture, and the rewards on what AI will provide will be emmense.
already disproven, google execs are on record saying they have no moat for AI.

>> No.55267340

>>55257595
>(ETH IS FOR NIGGERS)
Kek. ETH is one of the safe ones out there. I'd add decent alts like AstraDAO to it. Can't snooze on passive income.

>> No.55267350

>>55257801
Think we already hit the bottom. Best to start accumulating. Trade too if that works for you. Creating and selling indices is top on my list of how to stay afloat.

>> No.55267765
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55267765

>>55257565
>crypto
>ceiling
>anon; (you)

>> No.55267827

>>55267311
Good luck monetising or even breakeven with that investment.

>> No.55269426

>>55257565
Yup
Next sage is Layer one fairdrops
Gensler wants true decentralized stake holdership

$Bits is the first fork of Cosmos, airdropped to all Atom holders. Cosmosunited.org

>> No.55269460

>>55257565
Eh I'd speed this scenario up 2x. Bull market until mid 2024 then yid curve normalizes and we dump for 2 years.

>> No.55269589

Do you have the tl,Dr for the rest of ur gay ass diary post op?

>> No.55269837

>>55264371
I'm banking on GPU and semiconductor stocks.

>> No.55270052

>>55257565
the issue is what alts

>> No.55270324

>>55257565
What gems do you hodl?

>> No.55270626

>>55257643
> like if OpenAI has IPO'd
OpenAI will never IPO, it is owned by Microsoft (ticker: MSFT)

>> No.55270645

>>55257565
How does ww3 fit into this? Is it just a Samson option if they really lose control?

>> No.55270703

>>55257643
Bog standard redditard take fucking kill yourself

>> No.55270764

>>55257565
>Little known secret: total crypto market cap has a ceiling equivalent to Apple's current market cap
you're insinuating that the people who control the market (glowies through usdt?) dont want it to go above apple?

>> No.55270776

>>55257565
>The recession never came
I look forward to seeing you lose everything then come back here posting the sobbing pink wojack with thread title
>Went from 7figs to waging again whats the best way to kms?
This thread belongs on reddit. Please go post it there.

>> No.55270801

Way too bullish on btc, forgot about gov and mtgox sales + massive btc inflation.
The fact so many people realize crypto is dying and wait for the last bubble makes me worry, because I know it too, but that means others may try to dump before me.

Real value:
>tokenization of real world assets, smart contracts
it's not happening, killed by regulators

Hype value:
>muh SoV
>muh inflation hedge
>stock 2 flow
>it never goes below old ath
all dead
potential buyers:
>40% of American males below 40 years old own some crypto
this is nearly full saturation
>inflation, money printing
over. covid printing was a one time event

>> No.55270840

>>55257565
look at the absolute state of this facebook group. a fucking faggot who thinks he knows the future and what will happen after regulations that never before were implemented, because he's a "millionaire" and "been through multiple cycles". go back to twitter and larp there trannyhole.

>> No.55270845

>>55270801
>I'm a stupid bear and consider myself of average intelligence, and frankly that makes me even more bearish

>> No.55270907

Didn't read, not selling.

>> No.55271072
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55271072

>>55266156
this is true. You also need to factor the reshoring of the semiconductor and GPUs if Taiwan gets invaded. The US will destroy all those factories. Costs are going to shift on consumers and enterprise and inevitably fail when equilibrium in the globalized economy is reached some years later.