The Market Is Dead

How does it feel Veeky Forums?

Crypto is on its dying breath. It peaked and now it's coming down slowly. Big players are pulling out slowly and safely, shutting down mining as it becomes inefficient. Traders are selling their bags to idiots who think there will be a recovery.

We will never see 1 Trillion market cap.
We might not even see 800B market cap again

This is it Veeky Forums. I hope you made money because from now on you get to wagecuck

you must be new

nice just not bought 100k

nice just took out loan and maxed credit cards

The King is ill, this is a time of uncertainty - if he dies many will vie for his throne.

>wtf is wagecucking?

what dont you idiots understand about cycles
look have you ever traded or made huge sums of money in crypto? it is an adrenaline rush that becomes a just one more time kinda thing. money may leave but it will always come back especially while it is unregulated.

The market isn't dead retard, smart money and big players just know that the ONLY utility that BTC has (being an onramp to buy OTHER crypto) is about to be over due to fiat exchanges (FairX, etc.), and they're getting out now while it's still possible to liquidate over time.

The problem this time is that the market cap is actually too high. They failed to push it higher and realized that no amount of tether can pump BTC past 20K. Then they drained every alt coin, but that's over now.

You might be able to make gains, but you won't make gains just holding anymore. Only day traders who get lucky will make it, and they'll barely make it as BTC falls.

what the fuck is wrong with this board? literally every fucking loser from /pol/ migrated here and now the board is fully saturated with fucking retards. There are 0 good shills. 0 posts about coins that haven't already been pumped. i mean what's the fucking point?
literally fuck this place. It was a funny meme in December when we made gains but now it's just run by fucking fags who don't go outside