We're going down.
WE BROKE THE 7K SUPPORT
Not on Bitfinex yet.
Alright.
There's strong support at 6.4k I've heard so buy there.
I... I keep buying the dips. I keep buying the dips because that's smart investing. But every time I do it dips even harder, even lower. I don't have any money left to buy the dips and all the coins I bought at 14k, 12k and 9k are worth less than 7k.
wtf what do I do now? I've always followed Veeky Forums's advice: Never sell, buy every dip.. and I'm more screwed than ever.
The logic is: if it's higher on Bitfinex than on GDAX and doesn't fall lower, then the price on GDAX will rise to Bitfinex' level
GENTLEMEN, YOU HAVE BEEN SOME OF THE FINEST MEMERS THAT I HAVE EVER KNOWN
why wont it stop?
WE'RE GOING DOWN
IN A SPIRAL TO THE GROUND
NO1 GONNA SAVE US NOOOOOW
NOT EVEN GOD
NO1'S SAVED US NO1S GONNA SAVE US NOW
PLEASE STOP IVE HAD ENOUGH
I've been buying the dips on icon like a moron. It's been a huge mistake so far.
Do you really think its smart to buy something that is free falling?
All aboard the pain train!
6.2k is the ground floor.
> Not on Bitfinex yet.
Because Bitfinex doesn't trade in dollars. They claim to, but they give you valueless USDT Tethers instead, which they won't trade you for dollars. If you're trying to exit from Bitfinex, good fucking luck.
"support"
like those things exist in crypto.
The supports will get stronger everytime.
At 6k it will be a solid diamond support.
How low will this realistically go? 4k?
I refuse to sell because I would never forgive myself if I sold and missed the gigantic green dildo
It's been a pleasure gentlemen.
"it all returns to nothing"
"it all comes tumbling down"
> why wont it stop?
Because it turns out no one actually wants bitcoin for anything. You can't buy shit with it. All you can do is hope some other greater fool will take it off your hands at some point. No one wants fake internet money.
Nor binance (yet)
the term is pyramid scheme
I buy stuff all the time with zero fees with my bitcoin debit card... Or at least I did when it was above $12k..
Because they did not BELIEVE
We're going back to 1k, aren't we?
Just fucking wait longer?
You're averaging in. It'll be ok.
Our last major support/resistances lies at 3200 or somewhere around there. From there on out it's like 1100usd.
if you're lucky.
Maybe all this "Innovation" can't produce a physical return ?
Maybe you forgot the end game......?
Its overtime bitches......
I believe the term you should have followed is "Never catch a falling knife"
Crypto bots to initiate the mother of all bounces in 3... 2... 1...
> We're going back to 1k, aren't we?
We're going back to $1. Maybe that high, I don't know. Possibly $0.
Why are you homos freaking out?
It will come back up.
...
Don't worry, it can only lose $1000 per day for 7 more days
>Never sell
Why the fuck would you think that's good advice?
Never listen to Veeky Forums
lol
Crypto is officially crashing hard now. If those last supports are broken, it means market reset.
THREAD THEME
IT WASN'T SUPPOSED TO BE FREE FALLING IT WAS SUPPOSED TO BE 100K BY THE END OF 2018 THAT'S WHAT LITERALLY EVERY CRYPTO EXPERT ON Veeky Forums FORCASTED FUCK YOU!!!!!!!!!
So this is the power of crypto...
bottom on the log graph is 2.4.
other targets are 6.5
and 4.6.
4.6 i'd say has the best chance.
6.5 won't hold at all.
2.4 is like 1/3rd chance.
Whales redeem USDT for dollars, though. Nobody cares about poorfags like you.
>Trusting a board of NEETs and Pajeets
A fool and his money are soon parted.
WASSA WASSA WASSA WASSA BICONNNEEEEEEEEEEEEEEEEEEEEEEEEEEEE
UNDER 7K IN BITFINEX
placed my marker at 7k
hahaha.... bip.. bip... bip
Sheeeeeeeeeeeeit
>CRYPTO EXPERT ON Veeky Forums FORCASTED
>CRYPTO EXPERT
Nobody knows shit. Not even professional market analysts.
BUY NOW!!!!
BUY NOW!!!!
SELL AT 8500
BUY NOW
U
Y
N
O
W
>Keep dumping.
Now that bitcoin is officialy about to die, why not find new purpose in your NEET lives and join us at /loli/ threads on random board
Just hold for a year my nigga you finna make it
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
you buy dips in a bull market, not a bear market lol, get out while you can this shit will take 2 years to come back above 10k
This is the only good advice on this website
yes, a lot of neet autists on a mongolian fish spearing IRC have solved the ancient investment problem of WHERE IS THE BOTTOM
protip those are ways to do this but about 1% of this board has a fucking clue about what they are.
>implying its a dump
Market volume is lower than it has been all year
> I've always followed Veeky Forums's advice
$1k is ground floor faggot, go google 2013-2015
$1k is what the hardcores will be at
yes, hope you sold so you can buy, just took a $50k loss to buy back in later
Can I earn money in those threads?
>just took a $50k loss to buy back in later
im curious, are you serious or trolling?
funny how all the failures who missed the boat think this crash somehow vindicates them, forgetting about that little fact that btc was 1k a year ago, and $300 the year before that.
>anything
the problem is bitcoin became a stock market speculative investment leading to wild fluxes in price, which completely ruins the original goal of creating an alternative currency.how is it viable when 1 bitcoin goes from 20k in value to 6k in like a mnth?
This is not a dip. Just compare this to the Dec. 21st dip and the Jan. 17th dip. Look at the MACD, this isn't a panic-fueled dip like those, it's whales deliberately driving the price lower. You can see exactly what they're doing if you watch the Bitfinex orderbook. Who knows where their target is, but I think it's somewhere in the mid-5k region. Buying the dip is not a rational strategy right now, just wait until we have some upward momentum again.
ONE, NOTHING WRONG WITH ME
...
It's okay. This happens every February.
...
the floor is at 1200-900 not higher
It looks like we're going to get squeezed back over 7k for a while.
Wait I mean
>Buy the dip. It's going up for real this time!
...
I don't know it, saw a few posts mid January highlighting mostly everything we are going through and saying to sell. Whoever took that advice is good to go
>support
Using TA?
Bear market is here to stay guys
>wahh it’s going to take two whole years to make massive returns!!
Fucking spoiled children I swear
2 years to break even lol
>tfw no account on Bitmex
i hope bitcoin crashes completely so i dont have to deal with being mad about not investing when it went to 20k.
c...can someone hold me ..i'm losing money like it's nothing....100s of dollars evaporating like nothing...
do i hold ?? what in the fuck??when will this shot stop???
is this a bear market now? looks like a bull market according to some.
when will i see the dead cat bounce??
THERE IS NO STRONG SUPPORT AT ANY LEVELS ANYMORE. DON'T FOOL YOURSELF, BUY BACK IN WHEN IT'S FREE