/biz/ - Business & Finance

>>30296404
>you double your money at best, at the expense of lossing a ton

>>13392254
>>13392260
It's easy to recognize the people who can't or won't read scientific literature.
Do you think the earth is flat by any chance?

>>13314713
Or everyone could buy a share on their own...

>>12230574

The timing of this is all really bad. Fed shitpost mid December with more hawkish sentiment than hoped for if not unanticipated. December is tax loss sell season, which means positions that might have been held in questionable market conditions any other time of year were dumped. Two good solid red days, 21st and 22nd, followed the fed shitpost 'let's just break support like it's so much damp toilet paper' dump day, December 19th. Fed shitposts would not have been so bad if there wasn't so this recent flair up over trade between US and China. Then Canada had so fucking arrest Huawei CFO. More panic. Treasury calls emergency meeting, says banks say they're fine as far as liquidity goes, doesn't matter, panic panic panic.

Anyway, fourth market session after Fed shitpost was Christmas eve. Usually Christmas eve is low volume nothing day. I thought it would be a doji. Instead more panic selling and heavy short volume with a half day session, less time to respond for the bulls. Anyone with the kind of money to really move the markets in a bouncy kind of way is not going to want to enter on Christmas eve as any momentum gain there would likely be lost for the 26th.

Japan responded to this deep red by dumping harder for... reasons. I'm going through the news articles about the Nikkei session here and none of them are saying it has much if anything to do with anything domestic to Japan. They're just dumping because US is dumping, apparently. It's all so, so dumb.

>>4691846
>diversification is a meme
>100% of my investments are in fucking cryptocurrencies