/biz/ - Business & Finance

[Anonymous No.25474161]

Is this 2017-2018 all again?

>bitcoin reaches an absolute new ath
>alt season starts with ethereum pumping
>huge crash happens

[Anonymous No.25474209]

>>25474161
What caused the dump? Shorting all at once?

[Anonymous No.25474229]

>>25474161
there will be a correction soon. probably 30 - 45% to shake all the new money out, I'm not using anymore leverage until I see the drop

[Anonymous No.25474269]

yeah but bitcoin and the crypto market always seems to pump to new heights and dump to higher lows

the absolute bottom of every bear market tends to be higher than the average price of the last bull and accumulation cycle


so bear markets should excite you as much as bull markets do.

[Anonymous No.25474332]

Its early 2017 retard

[Anonymous No.25474336]

>>25474161
only if we have another bitcomnect to scare the normies away

[Anonymous No.25474359]

>>25474161
this situation is a little different due to macroeconomic uncertainty. Before you could say it was too early, the economy was better overall to move money somewhere less volatile, less inflation than now (US literally added 35% to its money supply last year alone), & domestic conflicts/EU breakup are spicing up. honestly I’m 50/50 on this because this is kinda what crypto was made for. I’m holding if we crash and seeking some profit (selling25-50% and holding the rest long term no matter what) if we moon and go parabolic

Good luck cunt and pls avoid shitcoins

[Anonymous No.25474403]

>>25474269
this I’m so fucking excited to accumulate as much eth, btc, and link as I can (10k-20k/ year)

[Anonymous No.25474410]

>>25474161
Yes, but the crash is only coming with btc >100k

[Anonymous No.25474432]

>>25474161
Yes. There are people here with absolutely no clue of what they are doing.

[Anonymous No.25474453]

>>25474432
huge sell signal

[Anonymous No.25474456]

>>25474332
this

why does everyone think this is going to be like Jan 2018.

We are 6 months past the last halving, and we just broke ATH.
THIS IS JAN 2017!!!

[Anonymous No.25474554]

>>25474229
>To shake all the new money out
Will you retards stop recycling retarded phrases you have heard. You don't kniw shit about what will happen. You are living in a past that doesn't fucking exist anymore.

[Anonymous No.25474588]

>>25474456
Why do people think there will never a correction? This is pure delusion.

[Anonymous No.25474599]

>>25474554
cringe. all markets are the same you stupid fuck

[Anonymous No.25474626]

>>25474588
Read his post again you idiot.

[Anonymous No.25474670]

>>25474554
>recycling retarded phrases you have heard
Shhh I'm accumulating,

[Anonymous No.25474706]

>>25474588
I never said there wouldn't be. In fact, in early 2017 it also heavily corrected, before starting a climb to the new 2018 ATH.

[Anonymous No.25474717]

>>25474359
I have a little over 2k link. What price would you consider selling 500-1k link at, in order to reinvest profits later? I'm not asking for advice, I'm just curious. I'm honestly not sure how high the price potential for link is this time around, considering it hasn't really pumped in accordance with bitcoin before

[Anonymous No.25474753]

>massive euphoria
>Dogcoin threads on the front page
>high normie interest
>everyone is permanently bullish
>BTC rises 4k in one weekend which doesn't line up with the s2f model
>January 15th
You tell me OP

[Anonymous No.25474757]

>>25474161
This is 2016/2017 bud

[Anonymous No.25474762]

>>25474554
>You are living in a past that doesn't fucking exist anymore.
lmao literal new paradigm retards are flooding in

serious sell signal

[Anonymous No.25474782]

>>25474588
>Why do people think there will never a correction?
Nobody said the price won't come down.
What you're getting wrong is what part of the cycle you're in. You probably don't even have a model you're going off of and are just deciding because $30K sounds like a lot of money to you that it must be crashing soon. You're the kind of person who got fleeced by poker bots during the online Texas Hold 'Em boom. Never trust feelings over data.

[Anonymous No.25474878]

>>25474717
Depends on your situation. If I had extra liquidity, nope. I'd save some fiat so you can buy the correction when it comes. Really depends on the interest rates.

[Anonymous No.25474909]

>>25474753
This. I cant wait for a crash so we can flush these retard normies out

[Anonymous No.25474936]

>>25474762
Institutional investors don't buy the top and they're all flooding in now

[Anonymous No.25474999]

>>25474432
Jesus fucking CHRIST.

[Anonymous No.25475005]

>>25474878
And by extra liquidity, you mean saving cash on-hand that I can throw at it later while hodling my current stack? That's what I was planning on doing provided link doesn't top $250+, in which case I'd likely consider selling a decent amount

[Anonymous No.25475006]

>>25474161
Yeah but it's barely June 2017 yet
>>25474229
Absolutely. If you review the patterns the past 8 years it goes up ~150%, down 30%, up 150%, down 30%, onwards until 10x or more has been achieved.
2017 was different because of the retail driven bubble and probably should've stopped around $13500
Don't know about this time with the new big players but I'm planning for 10x instead of 20x

[Anonymous No.25475112]

>>25474453
No it isn't. Understand what drives a bubble. A huge influx of inexperienced market participants is a requirement. Their presence doesn't signal the top, it signals the start of the bubble. Start worrying when these guys think they've figured it all out.

[Anonymous No.25475266]

I am from the future. Crypto will crash just after Covid fears settle down

[Anonymous No.25475296]

We are not at the end of 2017.. early or middle at the latest..

So think about $1,163 as the previous ATH, so we kind of got stuck between $2k and $3k at around the times of the fork wars and some of the uncertainties around that in the summer.. which would be 2x to 3x the previous ATH.. so we are not even really at 2x of our previous ATH, yet... even though we are getting close...

Anyhow, there could be some corrections here or even getting stuck in a kind of battle in the 1.5x to 4x range.. and to figure out if there is going to be more UPpity from that point..

And, I am not even saying that we might not crash from here and all bitcoin go to hell from here, but that is an outlier scenario rather than a variety of more likely scenarios that seem to put us in mid 2017 rather than late 2017 (or alternatively we could say early 2013 rather than late 2013 - pick your poison.. that ends up leading to UPpity in either case (and still not guaranteed, either).

[Anonymous No.25475474]

>>25475266
ok. every crypto? i think XRP isnt a crypto so i guess it'll win?

[Anonymous No.25475667]

>>25474432
Hey, that’s me!
Don’t be rude to new people.

[Anonymous No.25475962]

>>25475667

[Anonymous No.25476029]

>>25474229
correction happens when oldfag correction calling bears capitulate and fomo after missing out 2-3x gains

[Anonymous No.25476070]

>>25474161
Yes 2017/2018 has happened and is happening To a top all within a month or two of crossing ath, kek. This is like jan/feb 2017 act accordingly

[Anonymous No.25476326]

>>25475112
Why do people keep saying insitutions are pouring in? Literal old news. They bought in before ATH was breached, do you have alzheimers? They have nearly doubled already

[Anonymous No.25476449]

Crypto might crash, but it's already burning

[Anonymous No.25476472]

>>25476326
they’ve invested sure, now they’re investing their clients capital, which is consistent and endless . For those fund managers who don’t when their clients ask for bitcoin exposure lose business

[Anonymous No.25476520]

And billion euphoric WERE GONNA BE RICH BROS XXXXX EOY

[Anonymous No.25476584]

>>25474161
No, this is 2016-2017. 4 year cycle gets vindicated every time.

[Anonymous No.25476680]

>>25474588
You're hung up on micro-moves, we're talking about macro-trends. Whether or not there's a dip tomorrow and over the course of the next month is irrelevant. The general trend for 2021 will be upward, significantly. Just as 2017 was a bull market but there were plenty of big corrections along the way.

are you not aware of the stock2flow model?

[Anonymous No.25476797]

You're micro machines!

[Anonymous No.25476885]

>>25474753
S2F doesn't predict weekly or even monthly charts.

[Anonymous No.25476926]

>>25474717
I’m taking profits at over $100 if it comes (selling 200-500 holding rest long term)

[Anonymous No.25477195]

>>25474161
yes, welcome and good bye

[Anonymous No.25477614]

>>25476326
unlike stonks where boomers shit pants after 50% gain per year, in crypto you c an pump it 10x and normies will still buy in droves,
a fucking underwater basket weaving neets of biz made 70x on linkies
institutional honor is at stake, 2-3x in todays market is weak as jeb

[Anonymous No.25477980]

>>25475266
Didnt covid fear end last summer?

[Anonymous No.25478105]

>>25474161
I live, I die, I live again!

[Anonymous No.25478303]

>>25474269
this

[Anonymous No.25478313]

>>25474936

They flooded in at 16k dumb ass, their clients will want their profit

[Anonymous No.25478364]

>>25474161
Theres really no reason why one btc cant be million dollars

[Anonymous No.25478551]

>>25476472

Literally retarded...

Go search up what makes up a hedge funds liquity.

[Anonymous No.25478722]

>>25475266
ok so never?

[Anonymous No.25478807]

>>25475667
fuck you
why would you ask ANOTHER PERSON FOR ADVICE KNOWING THEY HAVE LIVED A COMPLETELY DIFFERENT LIFE THAN YOU

[Anonymous No.25478928]

>>25478551
he’s right tho

[Anonymous No.25479296]

>>25478928

No, he's not.

Clients would've been the one's to pushing for this asset in the first place...
Again, what makes up a hedges funds liquidity?

They bought at 16k

[Anonymous No.25479841]

>>25479296
the institutional boomers buying bitcorns are hodlers