/biz/ - Business & Finance

The crypto market is a load of bullshit talk about being liquidated out of $10 million on February 2nd 2021 when I margin traded exactly the way Bitcoin's price ended up over the next ~3 years.
February 2nd 2021 as a date is connected to February 2nd 2024 so the market was wrong on February 2nd 2021 not me.

>>58203105
Not corrected for inflation it's not

Pumps are very low volume.

>>58203105
that either means that this is a fakeout pump since there is no real interest OR we are at the beginning of the golden bull run

which one do you guys think it is?

>>58203105
Alts no moon no care

My crypto wallet had ~115.485 billion SHIB and ~530248 eRSDL so the prediction was BTC top at ~$69044.77, BTC bottom at ~$16000, and BTC top at ~$73000 which is exactly what happened, how come I have ~$0?
If a market can be explicitly wrong on any given day then what's the point of trading?

>>58203105
More enthusiastic about fun, btc is overrated

It actually means the market is wrong on every single day until infinity now.

Because whatever BTC bags you hold, that's pretty much it, no point buying right now, no point selling right now.

>>58203105
diamond bull run coming 2025, buy while you still can

Perhaps the 2 different states in quantum entanglement has something to do with the fact that the market is now infinitely wrong.

>>58203105
>2 year yield literally less than the most conservative boomer stocks portfolio
>is down inflation adjusted
>can go back down to 20000 in a day
>can't break through the 70000 sellwall for weeks
>enthusiasm is wearing out quickly
>alts are bleeding out and most are still 90% down since 2021
yeah, so many reasons to be enthusiastic

>>58203124
>February 2nd 2021 as a date is connected to February 2nd 2024 so the market was wrong on February 2nd 2021 not me.

>>58203105

Bitcoin going to 120-150k is predicted, so nothing to feel overly hyped about

Bitcoin going to 300k, or alts doing x10 to x100 or more, that would be exciting. But litcoin hasn't pumped yet, neither chainlink, neither eth, btt went up a bit

anyway, none of us are making money yet, so why go mania mode?
I mean I bought lot more bitcoin at 22k, so a x4 is nice and cute, but I won't go hyper until I make serious money/something unexpected happens

>>58203429
>none of us are making money yet
my portfolio did a whole +12% today

>>58203441
lol

x10 to x100 or its whatever

In 2017 I x10 my initial investment in a few months, just by spreading into some fundamental alts

>>58203448
you should have have enough funds to claim astronomical objects by now

>>58203388
The war in Ukraine literally uses the principal described here >>58203258 but since the first phase started on February 20th 2014 any short term negative consequences were avoided.
The price of Bitcoin indicates that Russia's progress in the Russo-Ukrainian war is TAS perfect/close to TAS perfect, reality has its own metric for deciding what that is I guess.

>>58203105
this bullrun has by far been the worst one yet
alts have done nothing compared to previous ones

>>58203388
Actually the war in Ukraine is going so well for Russia that Ukraine is increasingly being seen as the aggressor as if invading Russia despite not starting the war whenever Russia loses (territory).

>>58203378
>>alts are bleeding out and most are still 90% down since 2021
to be fair a lot of 2017 alts were the same way in 2021
look at shit like waltconchain, nano, iota, icon, and so on
all dead as shit in 2021 and deader now
there's no reason to buy previous cycle alts unless they've made significant progress in terms of adoption

alts that came out last year and this year are not as cucked

I am so bored right now. Worked out, made cookies, listening to music on YouTube. About to go on a drive to nowhere (with a tornado warning here) rather than deal with this boredom. Don't want to watch tv shows or movies.

>>58203823
i know that feel. i work out every day, go out every day for a coffee and im just bored the rest of the day. have no friends, family or gf. tv sucks. not enough word to express the loneliness i feel on a daily basis. at least when crypto is pumping i have something to be excited for. otherwise life is just one big empty void.

>>58203823
>>58203839
same brehs

>>58203839
I got one friend left but we only text occasionally. I'm cool with my parents but I only see them like once every two weeks. No gf either. I guess I'm trapped in the /fit/ exercise to get a gf and /biz/ invest so you don't have to wage slave mental state.

>>58203378
>>alts are bleeding out and most are still 90% down since 2021
This is bullish though. Alts are just dilution attempts on bitcoin

>>58203823
>>58203839
>>58203879
Get closer with nature frens

>>58204377
I went mountain biking in the woods. Didn't improve my life other than more fun than a treadmill.

>>58203105
just going to clarify something
etfs were primarily pushed for so for institutional/large scale investors
HOWEVER
For those investors to get access, because they are dealing with such insane amounts of money there is a huge amount of bureaucracy and analysis that needs to be done on the ETFS/their risks/how they follow spot/etc.

That means the main big movers, the main people who are clients of Blackrock who pushed for this ETF did not have immediate access, and mostly still do not. That means the "powers that be" do not want a full excitement period yet, blackrock is talking to giant institutions, not retail. They want to get them in as cheap as possible.
Once all the large institutions are able to get access expect the actual push. Normies are sheep they just do what they are told. There is no enthusiasm yet because they haven't been told to dance yet. The pump has already been pretty incredible but the more hype around it means the more the giant powerful institutions suffer since they need to deal w/ all their legal and bureaucratic requirements to get access. Then they will push the pump.

Many of the ETF ceos are just openly talking about this shit on twitter
https://twitter.com/Matt_Hougan/status/1772704864872583205
(this is also what everyone has been saying re: the etfs the entire time, this shouldn't have surprised you.)
But again just based off what he says
3% is the base case, 5%+ for aggressive investors, 1% allocation for extremely conservative ones. Those take a long time to approve and will be going through the machinery for another year atleast, giving a constant feed of inflows. There's face melting amounts of money in those and the machinery is designed to move slow, but they are also people like Blackrock's biggest clients. Why would blackrock be pushing it to the public before their largest clients can even access it?

>>58204530
>because they haven't been told to dance yet.
That no dad rich dad canadian american asian man said to buy bitcoin, or you're dumb.

>>58204600
Did you forget the whole push of articles against him? Yeah individuals can always push it, saylor has been on stop for years. Normies are herd animals though they don't do something because one person makes a convincing argument. There needs to be a sense of herd momentum so they feel comfortable going along with it. That's they hype OP is talking about. Anyone who can be convinced by an argument already has bought in, that's just a negligible % of the population and money in the world.

>>58204520
Next time try be present in the entire moment. Embrace your surroundings and really soak them in. You can visit a place 100 times but with a new mindset it becomes brand new again.

>>58204690
I'm not no jedi. Still working on my fancy mind tricks.

>>58203892
Literally same as me. I'm stressing with all this exercise, work, the crypto shit every damn day. I gonna make it or grind myself to a husk

>>58204729
There has to be something good and positive at the end of all this work. That's what I choose to believe.

>>58204710
there's nothing Jedi about recognising the beauty of the great outdoors when compared to the absolutely dull space you would find a treadmill

>>58204764
I hope so anon. I've lived one way (not like this) for 25 years of my adult life. I can live the hustlegrind way for at least another 2

>>58203105
it's barely above ath, what a peace of shit

>>58203188
>Biggest hedgefunds in the world buying billions a week
>Government's around the world secretly accumulating
Hmm gee I don't know. Must be the top.

>>58203378
Powell is officially simping for markets again as of yesterday, Monday it’s going to 75k pre market.

>>58203105
Last cycle when BTC was at this price, the total crypto marketcap was about 20% higher. 80-90k is when we can really confirm a parabolic liftoff is imminent.

>>58203105
I'm enthusiastic about my new suit.
Can't wait for it to arrive.

>>58203105
BTC needs absolutely none of that, it is the undisputed king and together with my BRC20 tokens everything will be fine.