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Keep dumping baby. This is implosion is real nice.. Full on Japanese 80s style bubble popping..
Where are the mindless buy the dippers? Keep buying even though the fed put is gone. Lol, didn't even take being an investment professional to read these tea leaves. We are screwed and this economy is about to die.. |
| I've never been a fan of crypto but I was watching it implode overnight. Question- is a further wipeout of crypto enough to set off a chain reaction to other assets via margin calls, derivatives etc? |
If crypto tanks, you have idiots like the Microstrategy CEO who leveraged his company on crypto. They will get margin called if Bitcoin tanks to about $20-25k. That means layoffs for microstrategy employees because their idiot ceo gambled on a ponzi scheme.. |
Didn’t he do this once before? Once a gambler always a gambler. |
| It is really unknown if BTC imploding can cause contagion. How much do funds own and bet on crypto? If they lose and get margin called, they may have to sell other assets like stocks to cover the losses. We will wait and see. If you're a govt and watching contagion spread from an unregulated wild west of crypto to your actual financial markets, then it doesn't take a genius to figure out that the govt hammer may come in the future to try to kill crypto or significantly regulate it. It could cause even more losses for crypto holders. |
BTC is not big enough for that yet. 10 years from now, yes. There will be BTC ETFs, derivatives and derivatives on derivatives by then. If you are young enough, plan for that bubble and you'll make a killing. |
Lol! Thanks I needed a boost when invest more in this market. |
| The super rich are rubbing their hands in glee! The last downturn, Trump, Jared and co, picked up over 20K+ low income housing for steady returns. When this RE bubble bursts, they will swoop in and pickup hundreds of thousands of homes for pennies on the $. |
Yep! I've actually primed my accounts for this. Some folks panic while others prepare. |
Right! |
| 1000 pt drops. Now people are allowed to worry. |
| Bought one of my favorite tech stocks Monday thinking we would start some turnaround; sadly too soon. |
The Fed hasn't even actually begun tightening. In general, we're just getting started. That being said, if it's a good company, it should be a good longer term play. |
If you know so much, you should put your money where your mouth is. If you're right, you can make out like a bandit! But I've never seen a doom-and-gloomer actually follow through. |
From Josh Brown
https://thereformedbroker.com/2022/05/18/what-part-of-rangebound-didnt-you-understand/ |