/biz/ - Business & Finance

Stay poor loser

>>27754682
Buy coins that aren't very reactant to btc volatility

>>27754682
lul why would the market ever crash

>>27754682
I'm in the same boat. Probably will end buying more BTC at 35k and then it'll promptly drop to 31k and crab there for two weeks. Then again It's nice having the exactly amount I bought into crypto sitting there while my gainz continue to grow

>>27755282
do you have a few examples?

>>27755443
ampleforth AMPL is designed to be independent from bitcoin. I got in just before it pumped the last few days.
To be fair I don't think any coin is truly unreactive to bitcoin, but I don't think bitcoin is crashing anytime soon, so don't worry too much about it

>>27755282
They don't exist. Check literally any crypto that was around in 2018 and what happened to it before and after btc/eth rally

>>27754682
same. got some serious analysis paralysis going. i’m watching all these fuckin moon missions and just sitting here thinking “well they’ve already gone way up if i buy now i’ll just be left bagholding”
kill me

>>27755443
Xmr

>>27754682
That is why noone will remember your name.

>>27755291
Google "market bubble," bud.

A bigger problem is that you aren't investing. Jews won't let their jewish money machine collapse. Consider 2020 with it's 30 and 40% drops that took months to recover. Was that not enough of a crash for you? Gut wrenching if you have alot of equities. But guess what. It recovered.

>>27754682
these are real fears. most of the negative feedback you are getting here is coming from morons who don't understand basic, its smart to be concerned rn, let these morons get stuck holding the bags

>>27756344
I think he was joking, anon

>>27754682
Literally this. Best thread on /biz/. I dont know what to do or what long positions to open, everything is extremely expensive, I need the market to crash to buy in everything in sight. I think I might try and call a financial advisor from my credit union for free.

I bought in September and I recently took a lot of profits because the market looked too instable, most coins have now pumped 15-20% since then, what would you do in my situation? I am determined to just wait but there's no sign of stopping, I also know that the moment I buy in everything will dump.

>>27756448
I hope he was...

>>27754682
it could but it won't. You're not witnessing a bubble you're witnessing hyperinflation. Cash is becoming worthless, food prices are skyrocketing

>>27754682
isn't that what crypto and metals are meant to insure against?

>>27756411
This is true, but I'm basically equally screwed in a major crash anyway than if I just keep investing my money into crypto and some stocks like I already have been.

Don't worry Anon, when the market starts going up again you'll buy in.

>>27756675
that doesn't work, there are no hedges anymore (besides outright short positions)
look at the charts of bitcoin and gold in march 2020

>>27754682
Fear is the mind killer. Just pick a thing and go all out. Believe it will happen and it will

>>27756135
Of course they all react to some degree, but some react less. And yes, if btc does a full on mega dump back below 20,000 it will take everything with it. Some coins are less reactant and less correlative to btc fluctuations though.

>>27756643
>You're not witnessing a bubble you're witnessing hyperinflation

asset classes will never properly crash. the upwards trend will continue forever. of course you can have big dips but over time it's all up. as the human population grows and currencies are devalued assets can only climb.

>>27755443
tether

>>27758449
Kek true, what a fucking idiot

>>27756618
Stop comparing yourself to other people's gains or you will never be happy.

Set a goal for yourself: "10% a year from X coin and I'm out." Hit your target, cash out, don't check the price anymore, take the money and do something enjoyable with a bit of it and save the rest. Come back next year and do it again.

The goal is to live, not to be the richest pile of ashes in the crematorium.

>>27754682
Then buy put option

>>27754682
Just DCA if it, put little rn if it crash put bigger. yu feel me?

>>27756643
Cash is worth a little less every year, but saying it's "worthless" is a little disingenuous. Food prices aren't "skyrocketing" either. You're falling for the fearmongering from the likes of Michael Saylor and his "15% annual inflation!!! GET IN OR STAY POOR" nonsense, what he's actually saying is "I've bought a lot of these assets, here's something scary, now buy my assets and be less scared."

Sex sells, fear sells, it's the same grift all over again.

>>27754682
If you bought anything then you would over react emotionally in any given situation. Probably better if you just go live your risk free mediocre life. Have a kid if youre feeling adventurous.

>>27759115
Wouldn’t you lose a lot on fees if you’d DCA though?

>>27756252
>Xmr
This and ltc are two OG that are nowhere close, not even half, of ath.

>>27758714
Tether is shit, you are better off by holding €. Just look at the chart.

>>27759115
NOT EVERYTHING IS ER20 BOSS

>>27756411
>, its smart to be concerned rn,
This. The bottom line here is, buying now into btc eth lonk, anything in the top 25 rn, is basically gauranteed to dip, probably badly. If you are buying now you are in it for a long hold. If you are not willing to do a long hold, do not buy.

>>27759231
Food prices are matching inflation++
This is not even disputable
Cash looses 2% of its buying power every single year at least

>>27756363
I heard a convincing argument that the exact thing supporting the current bubble is that the fed wont let it fail but eventually has to....

>>27759406
If fees are percentile then it doesn't matter.

>>27756643
Wherever you get your news from, find somewhere else please

>>27759541
guys listen I think tether is gonna moon, just look at the chart.

>>27756219
are you me? Let's be patient I guess

>>27759842
That is of course true, but it's not "skyrocketing". Skyrocketing is like eggs being 10x the price from one year to the next which happens in hyperinflation scenarios. If we're in hyperinflation crypto will be the least of your worries.

$CLF
02/04/2021
>"New orders for manufactured goods in December, up eight consecutive months, increased $5.2 billion or 1.1 percent to $493.5 billion, the U.S. Census Bureau reported today."

https://www.census.gov/manufacturing/m3/prel/pdf/s-i-o.pdf

-----------------------
$CLF
02/04/2021
>"US trade court dismisses challenge to Section 232 steel tariff"

https://agmetalminer.com/2021/02/04/this-morning-in-metals-us-trade-court-dismisses-challenge-to-section-232-steel-tariff/

>>27761333
Checked and compare it to the € chart.

OKAY, I've thought on this, and here's my best suggestion to allay your fears. One option is OHI, Omega investing, which does eldery real estate and which breezes through the 2008 crash. But with Corona...

I'd suggest forking 30% of the portfolio into a Gold ETF and only investing in too big to fail companies or shit like elderly care, that won't collapse. Gold goes up if stocks go badly or at times of insecurity. It'll be a drag on your portfolio but it's an insurance in case markets come crashing down.

>>27755443
BAT

>>27762131

I'd just wait until Corona is under control with elderly care

Then just wait. You don't need to buy anything just wait.

>>27754682
Even if it does crash it will rebound eventually, especially if you invest in safe stocks. Just don't sell when it crashes

>>27754682
Fortune favors the brave

>>27754682
The market will crash when the pandemic ends, you still have time. It’s tied to the increase in velocity of money and interest rates. So when the masks go away that’s when the shit hits the fan, you should be investing to keep your head above the tsunami of inflation later this year

>>27762533
>this year
Thats optimistic as an end date for the kung flu.

>>27762268

>>27762533
>he thinks the masks will go away

>>27754682

I'd get $WORLD in the dip and let it sit in your wallet and earn passive income for you.
https://worldtoken.network/

>>27763061
lmao, it would take 1 month just to overcome the cost of the gas fees

>>27763250

Kek, so "your" coin pays your gas fees for you and then pays you to hold?

Didn't think so poorfag.

>>27762763
>>27762925
I have relatives that are already getting vaccinated and restaurants reopened in my city today after months of lockdown, it’s happening sooner than you think

>>27754682
FOGI is just as bad as FOMO.

The key is to understand that your investment isn't a short term play. You're entering into an emerging technology in its early stages of development. There will be pumps and dumps along the way but you cannot time them.

Get in. Maybe you have a bad feeling so you don't go all in but commit only 25-40% of your planned initial investment and hold the rest back for a dip. But you need to get skin in the game anon

>>27754682
Learn how the buy projects you like when they are at the base of the weekly or monthly bollinger band either against usd or BTC or ETH. Its one reason why I am buying XMR or I timed my entry into link.

Likewise play with volatility stops on the higher time frames for entries.