Lots of volatility in the markets (March 2020)

[Bohol]

Bitcoin pay your bills or is it just long term investment,and if so, why sell?

I trade and hold both.

 

[Bohol]

When I buy crypto, I often go all-in (stocks are too boring), so that's why my strategies are rather conservative with it.

Watch out for Tezos as well. Whenever Bitcoin drops it has the hardest drops 18% and when BTC bounces it also has the hardest bounces. Very interesting coin it has been doing that for years.

 

[Guled111]

I trade and hold both.

What book do you recommend for trading

 

[Bohol]

What book do you recommend for trading

Books? what century are we in. It is all digital mainly in Youtube.

 

[Guled111]

Books? what century are we in. It is all digital mainly in Youtube.

Would you say you are good or pro when it comes trading. And what's your win to loose ratio.
Let's face it, every trader lost Atleast tremendous amount of money

 

[Guled111]

Am not a stock trader but if any of yall who trade stocks, and hasn't trade put on crude oil aabihin wasse it touched the resistance line how could you not see it

 

[repo]

https://www.google.co.uk/amp/s/mark...ate-cut-coronavirus-economy-2020-3-1029001363

Biggest single day drop in over 30 years.

 

[Apollo]

''Economy to Contract by Record 24% in Second Quarter - Goldman Sachs

The U.S. economy is set to contract by an unprecedented 24% in the second quarter as activity grinds to a halt even more severely than currently predicted, says Goldman Sachs. ''

Economy to Contract by Record 24% in Second Quarter - Goldman Sachs

The U.S. economy is set to contract by an unprecedented 24% in the second quarter as activity grinds to a halt even more severely than currently predicted, says Goldman Sachs.

www.thestreet.com

Sick.. just sick..

I think this may get worse than the 2009-2010 financial crisis.

 

[repo]

''Economy to Contract by Record 24% in Second Quarter - Goldman Sachs

The U.S. economy is set to contract by an unprecedented 24% in the second quarter as activity grinds to a halt even more severely than currently predicted, says Goldman Sachs. ''

Economy to Contract by Record 24% in Second Quarter - Goldman Sachs

The U.S. economy is set to contract by an unprecedented 24% in the second quarter as activity grinds to a halt even more severely than currently predicted, says Goldman Sachs.

www.thestreet.com

Sick.. just sick..

I think this may get worse than the 2009-2010 financial crisis.

But they believe it will pick up again starting summer so it's not bad.

 

[EDsomali]

No chance of this being a short-term recession.

The lockdowns across the worlds will continue for months possibly years.

 

[repo]

When the senators sell off you know it's bad.

House members, Senate aides traded stocks in early days of coronavirus

Rep. Susan Davis, a California Democrat, sold shares in Alaska Air and Royal Caribbean cruise lines on Feb. 11.

www.politico.com

 

[repo]

No limiting trading hours.

Mnuchin Says U.S. Financial Markets to Remain Open

The U.S. Treasury secretary stressed the importance of keeping financial markets open during the coronavirus pandemic, but didn’t rule out limiting trading hours.

www.wsj.com

 

[Guled111]

I see everyone is selling lol

 

[Mad-MullaH]

Bitcoin was down 53% ...from 10k and some change to 4k and some change

 

[Lostbox]

@Apollo

Initial Claims

Graph and download economic data for Initial Claims (ICSA) from 1967-01-07 to 2024-04-06 about initial claims, headline figure, and USA.

fred.stlouisfed.org

Search up economic forecast and look at all the red across the world

 

[T1a]

I think the Dow Jones is going to drop hard. Down to 15K by month’s end?

 

[dr.leorio]

I think the Dow Jones is going to drop hard. Down to 15K by month’s end?

Agreed. Monday is gonna be red.

In fact, I believe the stock exchange will eventually close until the coronavirus blows over.

 

[Pioneer]

I am not risking buying falling knives. I am currently using a strategy based on the 3 day chart which gives long term buy or sell signals. Last time it gave a long term swing buy signal was in April 2019 and it told me to buy at 5K (if done wisely, one could have made an easy 2x). Now it tells me to stay out. I'd rather buy at 6K and catch a multi-year swing to 50K in the 2020s than buy at 4K and watch it fall to possibly 1.5K (or even go totally bust - that risk still exists).

Good to know.

 

[Pioneer]

It will be very nice for us if it falls to under 2-3k, because we are poor investors.