/biz/ - That was it, that was the bull run. The cycle was - Business & Finance

Anonymous (ID: xIMts7WZ) Archived

07/09/24(Tue)05:37:16 No.58728853

File: 20240629_234447.jpg (80 KB, 1280x755)

Anonymous (ID: xIMts7WZ) 07/09/24(Tue)05:37:16 No.58728853 Archived

That was it, that was the bull run.

The cycle was brought forward due to the ETF demand. Everyone who was going to FOMO has by now.

The macro environment is bad and getting worse. Everyone in tech has been laid off. No overpaid software engineers = no one willing to pay $60k+ for internet funny money.

Maybe the economy will have recovered in 4 years and we'll have another bull run. Or maybe this will kill the hype and nobody will bother with crypto again.

Anonymous (ID: wL1CQi4/)
07/09/24(Tue)05:43:05 No.58728863

Anonymous (ID: wL1CQi4/) 07/09/24(Tue)05:43:05 No.58728863

funds have more bitcoins than ever, no one neds software engineers money.

Anonymous (ID: M1cv5Bqc)
07/09/24(Tue)06:30:55 No.58728948

Anonymous (ID: M1cv5Bqc) 07/09/24(Tue)06:30:55 No.58728948

>>58728853
>Everyone who was going to FOMO has by now.
kek

Anonymous (ID: ElAmiuEq)
07/09/24(Tue)06:34:15 No.58728956

Anonymous (ID: ElAmiuEq) 07/09/24(Tue)06:34:15 No.58728956

I know at least one poorfag that bets on crypto to take him out of the wagecage

Risky plays or straight up gamble are flourishing at the moment as they represent the chance for better life for poorfags