/biz/ - Business & Finance

I don't care if line goes up, or down, sideways, backwards, or on a 3D dimensional vector.

Its fucking over. Bear or no bear.

What defines a bottom?
is it the faith the people have in a country?
if you commit your money to a country's economy and corporations you're saying that you have faith in the country to continue doing well.
to pull out your cash is to say that at that value you dont believe the country is worth it.

So if enough people pull out their cash and sell their positions is it a self-fulfilling prophecy?

what IS the stock market? Dont WE define the bottom?
Can we turn this around as a society by instilling faith in ourselves that we will overcome this? instead of being shamefully spoon-fed the truth by our governments bit by bit and making panicked decisions for the sake of a currency that we define the value of?

I feel that we can do this. The panic lights a fire under the politicians who are under us, and that is the power we have.
But we cant abandon our country and flee to the hills at the first sign of danger. Theres no honor in that.

part of me feels like playing the stock market is a degenerative gambling addiction, but another part of me thinks it gauges the faith people have in their country

Excluding confido (lol), which alts are hitting rock bottom without a doubt? Bitcoin price effect is being dampened more and more.

My picks:

- LINK
- BAT
- DOGE