/biz/ - Business & Finance

[Anonymous No.9484932]

What's your plan B biz?
There are many Who still believe that Bitcoin will go to 100k or higher, have you considered the posibility that 20k was the absolute top? What if BTC doesn't do a Bull run in the future? What if the market stabilizes to the point where you cant get more than 5% a Day?

Is it too late?

[Anonymous No.9484944]

Meh, what is this boring shit

[Anonymous No.9484960]

switch my mining operation for a shrimp farm operation

[Anonymous No.9484975]

>>9484932
>5% a day

[Anonymous No.9485003]

>>9484932
bojack was a real dick but I feel just like him

[Anonymous No.9485094]

KEK, the bull run will come, we don't have wall street money yet.

Just look at stock ticker ETCG, its literally an Ethereum Classic trust fund where each share is worth 0.97 Ethereum Classic... Its trading at three fucking times the price of ETC because wall street money is for the most part locked out of crypto right now

[Anonymous No.9485107]

>>9484932
If BTC hits 6750 while the global marketcap is above 250b then it triggers altcoin season.

[Anonymous No.9485208]

>>9484932
Failure ain't an option and I don't even think of the possibility. All or nothing

[Anonymous No.9485256]

>>9484932
Plan A was to kill myself until bitcoin came so...?

[Anonymous No.9485257]

>>9485094
My theory is that they'll let the market bleed out super hard before jumping in. BTC 3k or so. Alts all DOA. Then boom, tons of $$$ floods in.

[Anonymous No.9485439]

So... After Reading all this comments... I see no one has a plan b

[Anonymous No.9485477]

>>9485256
we're in the same boat

[Anonymous No.9485492]

>>9484932
Call Bogdanov

[Anonymous No.9485509]

>>9484932
Rob a bank
Do drugs
Beg on the streets

[Anonymous No.9485538]

>2018
>planning

[Anonymous No.9485671]

suicide

[Anonymous No.9485748]

[Anonymous No.9485750]

Joke's on you, bitcoin IS my plan B

[Anonymous No.9485774]

>>9485003
>>9485094
>>9485107
>>9485208
>>9485439
>>9485750
Please refute this claim. I need to see the state of Biz, if you can't that's fine. I don't expect you to


No FUD... just think logically for a second
Wish i took SS of all the posts saying
>it's Chinese new year this always happens
>March will be the start of Bull run
>It crashed because of GOX
>Instituitional money is coming in
>April is the start of Bull
List goes on

2018 Consensus was the biggest event of the year, Partnerships were being released
New money was suppose to join
Search history for crypto went way up

And.... as usual it was a sell the news event

Now, it could have just been a trap to con people into buying so they could get one last dump and shake em out
Before an unexpected bullrun but unlikely

How many lies will we tell our selves, early adoption was rewarded. You cannot know about this money making machine, join late. Then expect it to just do the same thing, the whole point was people who bought in when no one gave a fuck about crypto and BTC got paid. They risked their time and money when everyone doubted
When everyone is hopeful for the market, and normies invade as well as nigs, chads, stacys it won't work....

So how many are still delusional and just gonna hold till this thing bleeds down?
Coins with 5k daily volume have dropped to 750 within days.

I think the Boomers were right, this whole market turned into a cash grab ponzi. If you got lucky and landed a good coin and sold the top cool. But only .2% of the market falls into this category.

Anyways ... any thoughts? How many are just gonna ignore all the signs and wait till eoy now for the 'bull run'
How many are still falling for the 'just wait' delusion?

[Anonymous No.9485840]

>>9485774
This always happens in May. Just a minor correction.

[Anonymous No.9485916]

>>9485774
This is the kind of questioning that goes through my head very often.
However, BTC has surprised us before, when it crashed from 1200 to 200 and then went fucking parabolic to 20K, There is still a chance that this happens again, but there is a chance that it doesn't... So... Here we are shitposting in an anime board and Im asking, whats the plan B

[Anonymous No.9485938]

>>9485916
No plan B. Have faith.

[Anonymous No.9485981]

>>9485916
No plan B mate
I've been trading for months, increasing SATS
But if BTC keeps losing value i lose in the end

I have insurance bills to pay since i cashed their checks and put it into crypto (kek)
I either sell all my crypto and pay them back now.... or wait. Hope my money doubles and pay them back then have some, if market never recovers i'm ruined.

[Anonymous No.9486025]

>>9485774
I don't think this game is all about accumulating Fiat. It's not just wait, but a lot of waiting involved until enough people have had enough and one day we're actually interested in using it. It's not shit that I expect will be fixed by EOY, let's see where we are in 12 years, a lot of dips to buy on the way.

[Anonymous No.9486028]

>>9484932
Looking at it in hindsight, 20k was all based on a feeding frenzy. It was pure optimism and smoke and mirrors about the future acceptance and integration of crypto, which didn't materialize.

The future? Adoption isn't happening. It's been either a slow, orderly exit out, or a feeding frenzy on margin trading, which is starting to drop off.

100k? Sure, it's *possible*. But it's not likely. The things that need to happen for that aren't happening, despite the rumors and memes here. And, with the Mt. Gox coins sitting out there, waiting to depress the price even further, i don't think it's very likely to rise to 20k again, not for a long while. There's enough interest and manipulation to keep it propped up between 8k and 9.5k through margin trading and the exchanges, but that's about all - until the Mt. Gox coins hit.

I chose plan C - I looked at bitcoin/crypto for my portfolio back in January, and I've yet to see a good entry point, so I'm not invested.

[Anonymous No.9486091]

An Hero, taking Jews, dindus and oogaboogas with me

[Anonymous No.9486097]

>>9484932
Fuck off

[Anonymous No.9486158]

>>9485774
Most of the "plans" around here are NEETS and high school kids who think just because some people got lucky back in december when their previously worthless coins all of a sudden made them a fortune, it's automatically going to happen again - and worse, they demand it, and expect it, like the entitled little shits they are. They think they're owed a lambo, simply because they bought a ticket - and have no understanding of the fundamentals (or lack of them) in this particular asset class. Worse, they actively attack anyone who tries to educate them, or just disagrees with them, and a virtual cult has developed over the "gonna make it" meme here - they've even invented demonizing labels for anyone who doesn't toe their cult line.

I've seen this before in get-rich-quick circles, especially Amway, but because it's 4chan, the autism is at chart breaking levels and amplifies the delusion.

The rest of them are the online equivalent of the 90 year old with an oxygen tank in a seedy casino, pulling that slot machine handle, because "the next one is the big one!"

[Anonymous No.9486172]

>>9485774
You think we are all just holding?

[Anonymous No.9486206]

>>9486172
The majority of the NEETS here? Yes. They're all holding pajeet coins and meme coins, because "Moon coming!"

The only action on the bitcoin market is margin trading, and Bitmex has shaken out most of the NEETs by now, and taken their coins.

[Anonymous No.9486219]

>>9484932
Well it has to be one of the two. Either it goes to practical zero or at least 100k in time.
As for /biz/, this place is ruined by all the crypto. This place could be something special if people stuck to more conventional ventures, but if crypto cools off a bit and stays put it will move in that direction naturally.

[Anonymous No.9486231]

>>9486158
kek
Kinda how i'm seeing it
I was never a delusional lambo boy, just wanted to double my shit tier investment which i did at one point

But i got greedy, anyways.... this is unironically the state of crypto

The famous
>If ETH and BTC did it, this better coin can too!!!!

[Anonymous No.9486313]

>>9486219
No, it can be any point in between $0 and $100k. And it will be. What I'm seeing is a gradual decline down to the sub 4k levels. What the basement is, who knows?

This place will be shit, always, because it's 4chan. It's one person who has a slight clue, to 200 complete fucking autistic morons. And it always will be - 4chan is the internet's holding tank for morons. I come here to laugh at them, not real investment information.

[Anonymous No.9486327]

5% a day is fucking incredible though lol

[Anonymous No.9486340]

>>9486231
It's the same mentality that sells Powerball tickets. Someone won 100 million dollars, so I'm gonna! That the odds are completely against you never enters the equation, they're selling hopes and dreams, not a real chance at winning. Crypto has devolved to basically the same thing.

[Anonymous No.9486367]

>>9486313
oh you so-a-smaht anon
soooo wise
Shut the fuck up you autistic little 12 year old

4chan is shit though I don't know why I keep coming back

[Anonymous No.9486386]

>>9486367
And the expected attack from the cult member shows up, on time and schedule.

LOL.

[Anonymous No.9486387]

crypto is my plan b. and bojack horseman is a shitty emo show for girls

[Anonymous No.9486420]

If your plan b through z isn’t buy LINK then you simply want to be poor

[Anonymous No.9486423]

>>9484932
5% a day would turn $100 in $5B in a year

[Anonymous No.9486461]

Crypto has technically always been my plan B. I wagecuck but it’s decent pay and a relatively fun job. If I make then that would just be a plus cuz I could just quit and travel/pursue hobbies, etc. The only problem is after peaking at 300k and currently sitting around 120, I’ve gotten into this mentality that eventually my holdings will return to the plus more. It’s almost like crypto has now become plan A and I gotta smack myself daily to remind myself it may not happen. P.S. buy Link or stay poor faggits

[Anonymous No.9486499]

>>9486313
Sure "4chan is le shit ;DDD", pal.
Back in the real world there are lessons to be learned here though. The unfiltered and unorthodox approach you see from many here would be of value if it wasn't all wasted on these bingocoins but rather applied to the "old" markets instead. No doubt in my mind.

[Anonymous No.9486506]

>>9484932
This is it for me, I can hang in for another 2-3 years but I'm counting on getting up to $500k+ from crypto. Doing this full time.

[Anonymous No.9486788]

>>9486506
"Counting on"

What do you base your entitlement on?

[Anonymous No.9486949]

>>9486028
At the point you're at, if you don't get how decentralization and trustless systems are key parts of technological developments over the next 10 years then I don't know what to tell you.

[Anonymous No.9487006]

>>9485256
Brother

[Anonymous No.9487011]

Don't think that you, as a conventional trading vulture are any better than the boomer slot machine players.

[Anonymous No.9487027]

>>9486158
Don't think that you, as a conventional trading vulture are any better than the boomer slot machine players.

[Anonymous No.9487057]

>>9486506
That's a terrible career move. You can work a normal job and trade.

[Anonymous No.9487100]

>>9487027
I didn't say they were, I said they were equal.

[Anonymous No.9487118]

>>9486949
Oh, god, the neckbeard is here to lecture, as expected, lol. The point went over your fat head at 30,000 feet with dinner and movie service, stupid. Go "well ackshually" at someone else, dummy.

[Anonymous No.9487119]

>>9487027
That particular part of the analysis is spot on. It's not comparable when you know the details.

[Anonymous No.9487152]

>>9487118

[Anonymous No.9487175]

>>9485774

you kids have such a short attention span

Remember when we crashed in 2014? Crypto was dead for a year before it came back. Now we're in a bear market for a few months and everyone is crying. Just go on with your life and stop staring at charts. The bull market will return.

[Anonymous No.9487181]

>>9484932
>tfw bought into bitcoin last night around 8,300
>wake up this morning and watch it sink to 8,160
>waiting for it to jump back to 9k

Am i fucking retarded? Should i just start dumping money into ether?

[Anonymous No.9487184]

>>9486949
But that does not really-really equate to the current coins and tokens holding in value. A lot of people don't know this or won't admit it to themselves. There are also a vast amount of better instruments for pure speculation than crypto as well.

[Anonymous No.9487197]

>>9487181
ohh boi you have lot to learn. just wait dont do anything stupid. the first months suck ass.

[Anonymous No.9487205]

>>9486788
I need it, I'm not asking for millions, just a half.

>>9487057
Probably for most people but I've been living as self-employed for awhile so its not much different. Im not leaving any sort of real job with benefits or anything.

[Anonymous No.9487218]

>>9485003
he's a very relatable character for normies

[Anonymous No.9487232]

>>9487184
Oh yeah, I agree with that. He's was making broad claims that blockchain tech has failed in general.

Mass adoption is years off. We're at something like the internet equivalent of 1989 right now.

[Anonymous No.9487250]

>>9485774
Not like my 2k is going to do anything else and bitcoin has a habit of spiking due to it being a speculative investment, not gambling like some faggots would have you to believe. Gambing just gives money to the government and casino owners. Speculative investment can use venture capital to build the infrastructure for new technology (ie: the internet). Don't put your money into shitcoins and you'll be fine.

I think I'll "gamble" my money rather than listening to you.

[Anonymous No.9487274]

>>9487175
No one is crying here anon, as I said, what IF it doesn't? Just because it happened once doesn't mean it has to happen again, that's gambler's falacy and Faith doesn't count as a plan

[Anonymous No.9487298]

>>9487197
Most analysts are predicting another crash unless bitcoin can get back to 9k and its been sinking for the past month. I dont have alot invested so it might not be worth waiting.

[Anonymous No.9487321]

>>9487175
>2 years later
>Says the same thing
This is what i'm worried about
Niggas got things to buy, even though it's just 3k..... it's 3k

[Anonymous No.9487451]

>>9487218
>he's a very relatable character for normies
>of course a bunch of old NEETs in an anime board wont be able to relate to a character that is a selfish prick that feels that the best times are over and its too late to turn your life around
Do people here get an erection when you can call another anon normie?

[Anonymous No.9487486]

There is so much further for Bitcoin to go. Banks are only starting to take crypto seriously. This is just the beginning