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/biz/ - Business & Finance

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57297373 No.57297373 [Reply] [Original]

bro just buy bitcoin in 2017 for $19,106.40 and wait 7 years for it to double

>> No.57297377

>>57297373
Or buy a year ago and see it triple.

>> No.57297416
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57297416

Thanks for reminding me that 2017 was 7 years ago.

>> No.57297426

>>57297373
You were retard enough to buy all your BTC on the absolute peak and still managed to double your investment in 7y.
Not bad for a retard person.

>> No.57297813

>>57297373
Or just give it to jews like bankman or finky and let them short it to the ground!

>> No.57298983

>>57297373
bro just buy the S&P in 2000 and get in profit 13 years later

>> No.57298994

>>57297373
BRO JUST BUY STONKS AND HOLD 20 YEARS TO BREAK EVEN

>> No.57299022

>>57297373
it was like that for 2 minutes in 2017, most of the time it was below 10k

>> No.57300980

>>57297373
i bought in 2020 and made 500% are you dumb? cashed out last week at 46k

>> No.57301008

>>57297373
dont forget to adjust for inflation ;)

>> No.57301012

any tips on how to timetravelmaxx?

>> No.57301048
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57301048

>>57297373
i mean that's silly if you've paid any attention at all, you could make great returns 2-3 times even if you're a latecomer
but that's kind of the point, isn't it? at the end of that, you still have US dollars. you'll never hold or use bitcoin for anything.
there have already been eight price bubbles from halving events and the latest was a trend-breaking one where there's so many speculators now that the price action isn't systematic like it was the first seven times.
if you go all in nine times and on the ninth it goes to zero, you are zeroed.

>> No.57301059

if you were early you were buying bitcoin under $200
the 2017 top came after 12 months of full mainstream crypto coverage.

>> No.57301117

>>57298994
clueless retard destined for the poorhouse.
there are 50- and even 100-year old stocks that have been paying endlessly increasing dividends since their beginning. they'll never stop, because what they do is systematically better than what cash does in good times and in bad times. they will always generate profits in excess of what is needed for capital reinvestment, and return those profits to their shareholders.
after you buy them at a sound price, you don't look back, because you don't have to.

crypto doesn't do anything. it's beanie babies. you are someone's exit liquidity.

>> No.57301120

>>57301048
>you still have US dollars
This is the /biz/ 4everhold mentality. You sell the BTC and use it buy other assets that will appreciate even more, or wait for BTC to crash and rebuy the BTC and repeat the same process.

You do this until you have enough cash to buy things like a home paid in full so your living expenses become minimal. And even after that you still repeat the same investing process where you buy an asset (like bitcoin) then sell it when it's worth more money to prepare to buy it at a lower price or trade the USD for another physical asset you need.

>> No.57301142
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57301142

>>57297416
>I had more money in 2017 than I do now
holy fuck

>> No.57301159

>>57300980
You clearly are anon https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/

>> No.57301167

>>57301117
>it's beanie babies.
ok boomer, bitcoin isn't stuffed animals.
bitcoin is simply anti-fiat.
you don't buy it to use it, you don't buy it to sell it, you buy it to hold it. simple as.

>> No.57301194

>>57301167
>to hold it
all digital currencies have all eventually failed, all digital currencies will always fail, you will be zeroed

>> No.57301208
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57301208

>>57298983
oh hell no

>> No.57301221

>>57297373
why not in 2018 for 5k?

>> No.57301227

>>57301167
>buy bitcoin with no intention of utilizing its value in any way whatsoever, not even on your deathbed
...what?

>> No.57301242

>>57301194
>past performance indicates future performance
>everything that has happened before will happen again
you are the biggest niggerbrain on this board

>> No.57301274

>>57297373
bro just buy a meme coin and become an eternal baggie.

>> No.57301497

>>57301117
>> people buy stocks 50 years ago
>> you buy stocks now
>> YouU ArE ExIt LiquidiY!!
lmao retard. you are boomer exit lquidity.

>> No.57301532

>>57301142
My assets have increased almost 30x from $71k in January 2017. You fucked up bad.

>> No.57301632

>>57301159
you dont see a short term drop coming? not everyone has to hold indefinately to make money in this market, in fact you're losing potential gains by riding the dips! proper sad cunt you are, ngmi

>> No.57301738

>>57301117
Can't tell if
>seething Boomer regurgitating his financial advisor's bullshit
OR
>midwit Zoomer with Robinhood and $300 in QQQ