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/biz/ - Business & Finance


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56896889 No.56896889 [Reply] [Original]

>> No.56896891

exit to where?

>> No.56896892

65k so I can break even and be done with this

>> No.56896906

>>56896889
I wanted to exit at the March 2022 high as well, but Idk if we'll get that far. Already took 25% off and wanna keep derisking. This pump has been going since early sept without even a single retrace and it's extremely sus

>> No.56896909

>>56896889
Imagine selling your crypto before the halvening.

>> No.56896915

>>56896889
99k

>> No.56896921

>>56896909
the halvening that will force a massive miner capitulation and sell-off?

>> No.56896925

>>56896891
treasuries

>> No.56896946
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56896946

>>56896925
Based USDT enjoyer.

>> No.56896962

>>56896921
>the halvening that will force a massive miner capitulation and sell-off?
Ah, yes. All of the bitcoin the miners are hoarding will suddenly become worth less because... reasons.

>> No.56896972

>>56896889
48k is not happening
it is perfect exit though

>> No.56896974

>>56896962
hashrate is at all time highs and miners are leveraged to the tits, what magical force will keep them solvent when their production costs double overnight?

>> No.56896979

>>56896962
Mining rewards are halved.

>> No.56896987
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56896987

>>56896889
$142,000.69
>>56896974
Higher asks like literally every halving.

>> No.56897000

pity for /ic/? https://coloso.global/en/products/100chapter-3danimator-minust-us

>> No.56897005

>>56896889
Target for BTC is around $180k this cycle.
ETH hits 12k briefly too.

Both will retrace back to 75k and 5k respectively. It will seem harsh if you buy the top, but if you buy now, you'll be fine even after the blow off top

>> No.56897007

>>56897005
oooo no the cycle nonsense

>> No.56897102

>>56897005
based post
this is how it's going to be anons
be wise and God bless :)

>> No.56897113
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56897113

>>56896889
>selling at the start of the bullrun

>> No.56897121
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56897121

>>56897113
>bullrun
>>bullrun

>> No.56897124

>>56896962
>run a bitcoin farm for a living
>entire purpose of operation is to sell at halvenings
>the rest of the time cost to mine is equal to or greater than price
They will sell to keep their business profitable

>> No.56897129

>>56897124
also you had very long time of 20k average
that is a lot of liquidity released
there is no way, no way at all they will sustain it

>> No.56897471

>>56897007
If I fuck your wife 4 times in a row, you can bet I'm gonna hit her a fifth time too

>> No.56897492
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56897492

>>56897124
>still on miner capitulation the*ry

>> No.56897511

>>56896889
Are you fucking retarted why the fuck would you sell the RUN-UP to a bullrun literally the dumbest fucking thing possible.

>> No.56897568

>>56897492
this has nothing to do with my reply. The only reason bitcoin experiences bull markets is precisely because of the halvenings. Investors buy in anticipating the sell off

>> No.56897611

>>56897568
anytime someone uses extreme phrases/words like "the only" or "literally" you know they have no clue

>> No.56897619

It depends on market sentiment, but nothing below 60-70k, target more around 100k

>> No.56897630

>>56897568
Half right. The marginal supply shock produces the price effects. It is influenced by investors expectations but the main driver is the supply side. Not anticipating a selloff, this doesn't make sense; if you thought there'd be a selloff you wouldn't pay a premium now. We're anticipating there being a supply crunch coupled with miners asking more for coins to maintain their margins.

>> No.56897874

>>56896889
I'm exiting at $1m in 2027

>> No.56897884

$44k was supposed to be my exit, I fucking missed the top

>> No.56897930

>>56896889
Can't handle the queef? Then don't eat the beans hombre...
>#neva gonna queef you up#
>#neva gonna queef you down#

>> No.56897956

tethered up last night, not gonna lie, was kinda nervous which way it would go today

>> No.56898356

>>56897884
Why would the top be now when we still have +4 m untill the halvening?

>> No.56898379

>>56897956
imagine tethering up AND down at the same time

>> No.56898412

>>56896974
You really think the miners don't understand their own business and don't pre emptively sell coins to ensure they have enough runway to survive the post halving period before BTC goes up ?

>> No.56898422

>>56896925
>>56896946
You fucking tards I wouldn't buy anything the US gov is selling till the fags are ousted. Imagine exiting crypto to a government that is entirely run by people who think that they deserve 500k a year while the goyim suffer.
They are literally all so traumatized and brainwashed they act like horrible parents, they get angry and take away your existence when they deem your speech or actions thoughtcrime

>> No.56898443

>>56896892
nice bait, made me chuckle
surely there are no people on this board that bought at 60k haha

to answer the question, I don't really know, I keep telling myself to take some profits, but I end up just hodling it all the way down again

this time I feel like I'm ready to actually sell some, but maybe that means I shouldn't? I'm usually wrong on everything that's why I just keep buying

>> No.56898456
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56898456

>>56898422
oh no! better burn your dollars