[ 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: 313 KB, 764x597, EDD47EA4-AEA9-4CD5-AC61-B88045C8C816.png [View same] [iqdb] [saucenao] [google]
57186240 No.57186240 [Reply] [Original]

>> No.57186262

>>57186240
I like buying tops so I'm gonna buy the news

>> No.57186273
File: 383 KB, 869x704, 1697380411640083.png [View same] [iqdb] [saucenao] [google]
57186273

Literally everyone, everyone on twitter and every single crypto group I am in are saying that this is a sell the news event

Even the fucking mainstream media is calling this a sell the news event, making entire articles about it

Surely this means that the ETF will be sell the news. As per usual, the consensus in financial markets is always right obviously

>> No.57186284
File: 225 KB, 621x455, IMG_9066.jpg [View same] [iqdb] [saucenao] [google]
57186284

> Speak

>> No.57186303

>>57186240
Biggest let-down, flaccid limp dicked pump

>> No.57186311

>>57186240
Sell the news is priced in

>> No.57186316

>>57186303
The dump will make history though

>> No.57186334

>>57186316
It will be like covid Mt.cox and FTX at the same time. ZOOOOM 12k

>> No.57186345

Wait what did I miss?

>> No.57186352

Reddit and twitter think etf is a sure thing. Half of them think it will be sell the news, the rest say btc will pump. This leads me to suspect the etf will be rejected or delayed.

>> No.57186362

>>57186316
The dump will make history by how fast it's eaten

>> No.57186372

>>57186352
DELAYED REJECTION
ZOOOÒOOM 12 cents, chainlink regains 8 dollar peg

>> No.57186415

does anybody know how the SEC usually announces their decisions? will there be a press conference? do they announce decisions before, during, or after trading hours?

>> No.57186500

>>57186415
I've heard that it's after market closes but what do I know I'm just a europoor

>> No.57186509

when will the decision even be? it's on the 8th right?

>> No.57186527

> Normies everywhere are predicting "sell the news"

>> No.57186528
File: 98 KB, 655x674, IMG_1231.png [View same] [iqdb] [saucenao] [google]
57186528

>>57186240
Not selling
Also you’re a faggot

>> No.57186529
File: 1.16 MB, 2048x1283, NothingBurger.jpg [View same] [iqdb] [saucenao] [google]
57186529

I choose to do absolutely nothing and let what happens happen.

>> No.57186596

>>57186509
Sometime tomorrow. SEC is already telling the firms that it's approved

>> No.57186811

>>57186529

Based.

>> No.57187220

>>57186529

based

>> No.57188149
File: 278 KB, 1304x634, retail shorts.png [View same] [iqdb] [saucenao] [google]
57188149

>>57186273
>midwit contrarian gets the smoke again

>> No.57188168

>>57188149
Those are just lines for the tops of the halvening bullrun cycles. The bear market will always happen after the halvening bull market, it has nothing to do with ETFs or anything like that.

>> No.57188249

Nigga it can pump it can dump I just don’t give a fuck my effereums stay efferum

>> No.57188276
File: 228 KB, 1024x1024, IMG_2720.jpg [View same] [iqdb] [saucenao] [google]
57188276

>>57186529
Based

>> No.57188298

>>57186273
if literally everyone is expecting a sell the news event, why is everyone longing bitcoin?
will everyone be switching their longs to shorts as soon as the etf is approved? I doubt it

>> No.57188337

>>57188298
No but people who are not longing already will get baited into opening longs and then there will be a scam wick down from whales to liquidate the longs which will create more sell pressure causing it to crash further and we have a trend reversal because no ETF narrative. Whales buy back around halving and sentiment goes back to positive and then the real bull run starts

>> No.57188348

>>57186240
>>57186303
>>57186316
>>57186334
>>57186352
>>57186372
>>57188149
>>57188298
>Priced out 3rdies are coping in every thread

You had 4 years.

>> No.57188371

>>57186240

The fact everyone expecting a dump means its not gonna dump as hard as expected.

>> No.57188381

>>57188337
having watched the perpetual and futures markets very closely for the last week makes me really believe this more and more.
every time the price goes up a shit ton of longs enter the market and suddenly a big dump and all the longs are out.
I really don't understand the point of bandwaggoning with leverage. you should probably be more careful and pick entry and exit points not just whenever number go up

>> No.57188434

>>57188381
Yeah I don't understand either. I usually don't really mess with leverage. The whole ETF thing is a great opportunity for whales to dump on retail. We have a nice peak here in the middle of the cycle. A lot of people are already long and there will be more longs right as the ETF gets approved. There will be a nice little pump on approval and plenty of exit liquidity. Whales can dump and then scam wick liquidation dump to the 30s and they can get the trend to reverse and buy back later. Easy money for them.

>> No.57188449

SQQQ bottomed out on Dec 29.

>> No.57189756

>>57188348
>t. baggie thinks wall street will pump his bags

>> No.57189789

Let’s get one thing straight. The market does the opposite of what I do.

News has no effect

>> No.57190233

>>57189789
Kek this

>> No.57190395

>>57188149
>Gets the smoke
What does this even mean? You're a poor black zoomer who shoots people? Or does it mean that's who you WANT to be?

>> No.57190517

>>57188149
Looks like for each of them there was a big wick on the announcement day so there's still plenty of opportunity to profit on the announcement as long as people don't hold expecting it to go up a lot further

>> No.57190539

>>57190517
Regarding this, I looked back on each of those dates and they pumped between 33-8% on BTC before crashing a few days later so it's not an immediate sell the news as everyone seems to be claiming.

>> No.57190556

>>57190539
Cardano (I know) pumped 100-35% in the days following these announcements. I'm not worried bobos

>> No.57190622

>>57188434
When we zoom out later it'll look so obvious, just another bear cycle top

>> No.57190632

>>57186240
It's gonna pump for sure. Yesterday it went up $1,000 in an hour just based off the grayscale dude tweeting that he was filling out forms.

>> No.57190639

>>57186352
what is an etf? every things fucked?

>> No.57190648

If it dumps it will be just a correction after the flash dump for Goldman to enter but the market calls for stability or pump, I ain't selling either case.

>> No.57190651

selling the news is priced in

>> No.57190654

help

>> No.57190700

>>57186240
Where can i keep refreshing to see the official news? Link pls

>>57190639
Also this. Idk what it is but i think its some legal american institution saying that corpos can use crypto for transactions or something.

Also, pretty sure its gonna go up. Everyone saying “its sell news” know that its good for them if people sell

>> No.57190709

>>57186334
If it falls down to 12k I'll have to buy some buttcoin again

>> No.57192125
File: 186 KB, 1080x1074, 1685430945413919.jpg [View same] [iqdb] [saucenao] [google]
57192125

>>57186240
Time for me to buy my INJ make it stack. I hope Supra guys also speed up the TGE so I can buy some. Then WAGMI.

>> No.57192439
File: 19 KB, 500x483, inbound1523405919764659797.jpg [View same] [iqdb] [saucenao] [google]
57192439

>>57186240
Well, even if that happens, I still have extra USDT to buy my fave bags. While the market might experience a dump, my DUA remains unaffected. I'm already up x3 from my buying price, and I'm not worried froglet.