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24722692 No.24722692 [Reply] [Original]

I’ve lost 120k so far this link dip

>> No.24722700

>>24722692
get ready to lose more

dr;ns

>> No.24722741

>>24722692
remember to sell low

>> No.24722774

>>24722692
It's bro

$3 link is easily on the menu

>> No.24722779

>>24722692
you weren’t put off by the smug portfolio posting with everyone claiming they’re “le wolf of wall street trading genius”?

>> No.24722794

>>24722692
you don't lose until you sell faggot or get liquidated if you're a retard

>> No.24722965

>>24722692
So you're an OG linkie then?
Keep holding then you cunt
The earliest you are allowed to sell, according to me, is August 2021
Since many linkies are newfags, they don't understand the market cycle as they came in in 2017
We are about to enter the bubble year of the cycle, either in January or whenever Bitcoin breaks $20k, whichever is sooner
In the bubble phase of the 4 year cycle, Bitcoin Always Leads the Market
That's why you'll see link and others' bitcoin ratios topping in the likely end of summer slump, much like ETH last time
To avoid watching your gains get cucked by BTC after this point, this is when you sell into bitcoin, if your long term cap gains will allow it

Look up Bob Loukas and watch all his videos if you want the qrd on the crypto market cycle

>t. Guy who bought eth at $20 and watched it peak at an average of 0.10 BTC (iirc) in 2017 only to literally never recover
I've long since abandoned shitcoins and only stack btc

>> No.24722991

>>24722692
Same, but $120. That amount could sustain me for a month in my shithole.

>> No.24722995

>>24722692
I haven't lost anything because I haven't realized my losses

>> No.24723242

>>24722692
Better sell now before you lose more

>> No.24723334

it's going down another 50%, easily.

>> No.24723361

bruh you got so man fucking newfags who will sell in big loss, it's really gonna touch 3$ sooner than you think.
convert all in noia big announcement coming on tuesday and sell the news and tether the money

>> No.24723915

>>24722965
>he actually believes this and thinks he has it all figured out

watch less youtube and take tweets less seriously

>> No.24723969

>>24722692
why that fuck are you so heavily invested in this shit dude, da fuck is wrong with you

>> No.24723981

>>24722692
Shit's just getting started, buckle up buckaroo.

>>24723969
lol ask the WEF

>> No.24724034

>>24722965
A fucking BTC maxi. Fuck out of here anon.

>> No.24724106

>>24722965
>Bitcoin Always Leads the Market
No, back in late 2017 Bitcoin just topped out a lot sooner than everything else.

>> No.24724193

If only there was a thing like holding long term

>> No.24724619
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24724619

>>24722692
post pic or its just a larp pajeet

>> No.24724754

>>24722692
I knew I should have sold at 12.60. But if I had done that it would have pumped to $14

>> No.24724873
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24724873

>>24724754
truer words have never been spoken

>> No.24724891

>>24724754
In a month when its $7 you're going to be saying the same thing.

>> No.24724925

>>24722965
>In the bubble phase of the 4 year cycle, Bitcoin Always Leads the Market
BAT led 2019

>> No.24725316

>>24724891
But that will only happen if he doesn't sell.

>> No.24725369

>>24725316
That's right. You think it would be 11.50 right now if I sold the top? As fucking if. Bitcoin would have blown right past 20k and would've taken link along for the ride.

>> No.24725615

>>24723334
Please be true, want moar

>> No.24727124

weak handed faggots will never prevail

>> No.24727193

Should I sell my LINK for XRP before the snapshot or ALGO for long term gains?

>> No.24727702

>>24724106
That's exactly what I mean
The money will flow into bitcoin first, then into altcoins, but in the final runup it will increasingly be ONLY btc (especially this time with institutional investors only buying this bitcoin)
Just look at all the altcoins' btc ratios, many of them suck a bag of dicks

>>24724034
BTC masterrace lol
Shitcoins are for poorfags, outsized risk, outsized return

>>24724925
The other years are different from the bubble, chainlink was the least correlated during this bear market which leads me to believe it will be the ETH of this cycle

>>24723915
No, it's mostly from experience
But when it happens again next year you'll just think like a nolinker would: "huh, I guess I was wrong but it wasn't anything I could've predicted"

>> No.24727727

>>24727702
>The money will flow into bitcoin first
But anon, many coins had already been outpacing Bitcoin by a wide margin by the time BTC topped out at 20k.

>> No.24727878

I cashed out last week because I am unemployed and ran out of fiat. I'll buy back in when link is at $4.

>> No.24727925

>>24727727
In dollars, yes but in bitcoin no
That's why it's great to be in good uncorrelated altcoins before the bubble hits and BTC starts to pull away, which can be as early as 2021 or as late as halfway through the year
If you're making money in dollars but not in btc, and you know btc is going to grow in the long term it's like why would you prioritize making dollars and over being able to buy bitcoin earlier
Most altcoins either topped at the same time as bitcoin, with the rest of the market in 2017 or earlier

>> No.24727957

>>24727925
>In dollars, yes but in bitcoin no
That makes no sense.

BTC:
>goes up in dollars

ETH:
>goes up MORE in dollars

you:
>"but ETH isn't going up that much in sats"

It's just nonsensical.

>> No.24728118

>bizanon

>> No.24728181

>>24724754
rekt

>> No.24728256
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24728256

>>24727957
> https://coinmarketcap.com/historical/20170615/
You might want to look at what has happened during the last 3 years when ETH was .15 BTC and it is now .03 BTC. ETH pumps and dumps but the long term trend has been it has slowly and consistently been bleeding against BTC.
> nonsensical
yeah to a noob retard. all that matters in crypto is sats value and performance against BTC. outperforming fiat is easy and doesn't count. if you are taking more risk holding ETH or other alts, the whole point is you should be rewarded for that risk. ETH has not rewarded for that risk.

>> No.24728279

>>24727957
Look at eth's btc ratio since mid 2017
It was ~0.15
It never got up there again though so effectively you could've bought btc straight away after that point and had more money now
Always trade alts in sats

>> No.24728305

>>24722692
Just buy the dip for six months faggot.

>> No.24728338

>>24728256
>>24728279
ETH dumped more than BTC from its peak, yes.

But this discussion is about the claim that "money flows into bitcoin first", which is clearly false since a ton of coins had already been outperforming BTC by the time BTC topped out at 20k.

>> No.24729093

>>24728338
From when do you measure alts as having "outperformed" btc by the top
Sure, eth and other alts went crazy up to the first half of 2017, going from ~$10 to nearly $400
But how much did it go up after that?
$400 to $1200, a 3X
WHEREAS when eth was hitting its peak in btc, bitcoin was only at $2500

>> No.24729138

>>24722692
i lost a 1 million, whats the point of holding link when it cant even keep up with bitcoin and only outperforms to the downside

>> No.24729255

>>24729093
>From when do you measure alts as having "outperformed" btc by the top
Anywhere between Bitcoin's bottom (early 2015) and the general crypto top (early 2018), really.

>Sure, eth and other alts went crazy up to the first half of 2017
ETH was kicking BTC's ass between 2015 and end of 2016 too.
ETH beat BTC during the entire bullrun. It mooned earlier, harder, and longer.

>But how much did it go up after that?
Tons.
And not just during the second half of 2017, but even into early 2018.
Bitcoin peaked in mid-December 2017, and tons of other coins kept mooning for another month.

>> No.24729503

>>24729255
I just laid out how it only did a 3X in dollars from its peak in sats vs bitcoin doing an 8X from that same time
I'm talking about the bubble phase specifically, obviously alts perform well after the bear market has bottomed, last time that was after Jan 2015 and in this case it was after 2018 (although alts didn't even do as well as then this time around)
When alts continued to moon for another month they were catching up to gains btc had made, still down in sats which is what leading the market means
Thus if you really wanted to maximize your money just get out of btc when it tops first and wait for alts to finish topping; do it the other way around and you're watching btc cuck you out of gains while your btc worth decreases

There's always also an uncorrelated favorite project too, which last time was eth and this time I think will be chainlink

>> No.24729556

I had fucking 21 BTC at the link top. I was fucking set but I got greedy and now I have 8 BTC

fuck me in the ass and call me a slut sergey, you've already done enough

>> No.24729642

>>24729503
These are some neck-breaking mental gymnastics right here lmao.

BTC between mid-2015 and the mid-December 2018 bullrun peak: x71
ETH between mid-2015 and the mid-January 2017 bullrun peak: x1,900

ETH mooned earlier, harder, and longer than BTC.

>> No.24729666
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24729666

>>24722692
iykyk

>> No.24730020

>>24729642
Why didn't you buy it then, before the 1900X?
?

Also check this out:
ETH mid 2017 to January 2018: 3X
BTC mid 2017 to December 2017: 8X

Learn some reading comprehension, I'm specifically talking about the bubble phase of the market cycle, not the 2 years of sideways price action that usually follow the bear market in which alts either do great or shit

>> No.24730076

>>24722692
>didn't sell at 20 for a 50x
Greed

>> No.24730126

>>24722692

>Dip

$19 was the historical peak.

>> No.24730276

Is it going lower or should I buy now

>> No.24730520

>>24730020
>ETH mid 2017 to January 2018: 3X
>BTC mid 2017 to December 2017: 8X

Nice cherrypicking lmao.
Mid 2017 was already deep into the bullrun, and coins like ETH had already been kicking Bitcoin's ass for months.

>> No.24730762

>>24730520
That's what I've literally been saying this entire thread you brainlet
BTC leads the market during the bubble phase.
As for cherrypicking, you only happened to pick King Shitcoin
How's PIVX doing? Or DASH? Or Monero or Zcash or neo or ada or augur or loopring or kyber or stratos or filecoin or Ex Ar Pee? Lol

>> No.24730808

>>24730762
>BTC leads the market during the bubble phase.
>during the bubble phase
Buddy, ETH had done a cool x1,000 by mid-2017. It was already long bubbling at that point.

Also, what you're saying is ETH mooned first, and then BTC?
Sounds like ETH led the bullrun.

>> No.24730855

>>24722692
Then wait till you see what the great reset has in store for link. They'll dump it back to 1$ so Klaus' friends can fill their bags.

>> No.24731162

>>24730808
Why are you so focused on eth when NEO did a 1300X in one year in 2017?
Oh, because it's ded now, like quite literally 99% of all other altcoin projects

If you could read by now you would understand that alts moon outside of the bubble phase, then BTC moons during the bubble phase
According to your backwards logic, you should've cashed out at $377 when eth peaked in sats, because it "mooned first", despite literally reaching its actual peak in dollars later than BTC

If you followed my advice, you could ride alts for 2-2.5 years while btc is slowly rising below previous ATH, switch into btc when the bubble comes, and then even switch into alts if you wanted to at the end to catch their delayed peak

>> No.24731207

>>24731162
ETH is an example.

>If you could read by now you would understand that alts moon outside of the bubble phase
What fucking bubble phase?
ETH did a x1,000 by mid-2017, and STILL kept mooning.

>According to your backwards logic, you should've cashed out at $377 when eth peaked in sats, because it "mooned first"
Don't project your demented swinger fantasies on me.

>> No.24731567

>>24731207
>and STILL kept mooning
Mmkay but it's down still isn't it, down in sats and down in dollars
Less than 50% of ATH as opposed to btc at 90% of ATH in dollars
And only 20% of ATH in sats

At any point in time you can pick a span where some alt outperforms BTC, eth being the best and longest lasting example, but BTC continues to grow leaving every single one of those coins behind in opportunity cost


Think in sats and you'll be richer