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/biz/ - Business & Finance


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55669947 No.55669947 [Reply] [Original]

>Price is bad because price is bad

>> No.55669964

This is the most effective fud in crypto desu, Nothing matters if your coin doesn't perform well, And for good reasons

>> No.55669968

>>55669947
price is bad because the token is not needed

>> No.55669981

>checks price
lol
lmao

>> No.55669995
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55669995

>>55669968
since CCIP that argument has been invalidated

>> No.55670045

Hows this make you feel OP?
>July 7, 2020
>LINK: $6.47
>BTC: $9,108
>ETH: $246
>BNB: $16.77
>ADA: $0.12
>SOL: $0.75
>DOGE: $0.003
>LTC: $43
>MATIC: $0.02
>TRX: $0.01
>XRP: $0.19

>July 7, 2023
>LINK: $6.16
>BTC: $30,342
>ETH: $1,868
>BNB: $236
>ADA: $0.28
>SOL: $21.90
>DOGE: $0.06
>LTC: $98
>MATIC: $0.68
>TRX: $0.079
>XRP: $0.47

>> No.55670046

>>55669964
But if the price is lagging the news that's exactly whe you want to buy

>> No.55670067
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55670067

>Link is at the same eth and btc prices as it was in 2018.
Oh no no baggie bros..... Dont tell me you held for 7 years for this....

>> No.55670164

>>55670046
that's true, but even the long awaited ccip did not move the price. what kind of news are you waiting for? sergey found a half eaten warchest under the fast food wrappers and is buying back tokens?

>> No.55670187

>>55669947
I buy after things moon

>> No.55670204

>>55670046
Doesn't work in crypto. Value investing never got rewarded, It's been 6 years since i've heard this argument and 6 years of cope (From myself too), The fact of the matter is, This isn't a serious market, The crypto community/investors aren't serious investors and The VC's are largely the bottom of the barrel of finance. There's nobody to make sense of value investing because the industry is rotten from the core, Even the ones who actually care about anything serious are subject for insane tribalism and narrow thinking.

Don't get me wrong, Crypto will pump, It's whales casino playground, But don't expect anything that ever make any sense, The clowns will keep being rewarded and new vaporwares will mog the hard workers.

>> No.55670481

>>55670204
This is accurate.
And sad.
I have a hard time picking coins and tokens that pump, mainly because I don't recognize the "public sentiment" very well.
I think I do okay picking projects that are useful and beneficial and will succeed.
But unfortunately "utility" and "pumpamentals" are unrelated.

>> No.55671707

>>55670481
>public sentiment
>market makers, market making
pick one retard