/biz/ - Business & Finance

>DOW at −653.17 (-2.91%)
>S&P 500 at −53.97 (-2.23%)
>NASDAQ at −335.49 (-5.14%)

Merry Christmas!

Markets will move soon, act accordingly.

Thank you gentlemen, good day.

I only recently started saving for retirement (I'm 30, god I wish I saved sooner) but I'm really scared about a market correction. I already had to live through the 08 housing crisis, the global financial crisis and a bunch of other bullshit and I never feel like i'm making solid progress career wise to be able to build a strong foundation for my retirement plus my parents are getting older so there will be medical costs to worry about as well and I haven't moved out so it feels like I'm living some prolonged adolescence never really feeling like I enjoyed my valuable as a 20-25 year old and now doomed to work an office job for the next 40 years of my life just like the meme, that's why it bugs me so much it just hits so close to home.

Do you sometimes reverse-FOMO? That is, you fear you will miss out a great shorting opportunity.

exit all alts. wait for btc to stabilize.

once bitcoin goes on its next run the alts will follow. but for now theyre gonna keep bleeding.

stop pissing your money away fellow anons. the binance fud is real, this is a top market. people are scared. be greedy, but be smart

How the fuck is crypto the way to "make it"?
I've literally made more gains with forex.

Do you ever get uncomfortable when you check graphs in public, because the graph is showing a massive downtrend and you're worried clueless normies around you will see it and think you're losing money even though you've actually shorted it?

What is better statistically?

A) Sell fast at smaller loss and risk missing recovery
B) Hold and wait for recovery and risk liquidation

Hey lads, I was thinking perhaps we should take a small break from crypto and talk about the possible stock market crash. Why would cause this to happen? Is crypto safe or will it fair better in this possible event? Ant data suggesting this is possible or not possible is greatly appreciated. Thank you lads.

>muh correction
>muh infinite growth

Where does this "correction" stop at exactly? 8k? And if it doesn't?
Who will have the guts to come back here and admit they were wrong?

What happens if you refuse to sell even as the coin approaches $0 and become literally the only person holding it?

This South Korea Crypto-currency ban is going to cause bitcoin to keep going backwards and backwards and backwards.
People want you to believe it will recover, but it won't! The same is true of any altcoins, no matter how moon its been before. Uncertainty about the legality is rising to an all time high, the united states as well as many other countries questioning crypto will be next! Remember how much australia gov hates crypto???
SELL NOW, don't lose any more of your hard earned money!

shill me some good predictive technical analysis tools that don't suck

IT IS BUT A DIP!

I hope you guys aren't holding Crypto right now.

How do i make money with cryptos? Buy liw sell high is obvious, but with traditional investments or atocks you can expect what will influence them? Cryptos are new relatively speaking so its h ard to tell, is it the same idea as venture cpaitalism where i drop money on a bunch and hope that 1 will succeed to make up my expenses and let it sit , or do i simply sell aa soon as it makes profit and buy another single one? I fear a market crash may come for large ones someday so i dont just want to buy a ton of relatively large ones like eth and then have my investment die overtime, but also dont think buying garbage crypto like bta is smart

https://www.coindesk.com/report-casts-doubt-future-chinas-bitcoin-exchanges/
>Regulators in China are said to be considering a move to close all domestic bitcoin and cryptocurrency exchanges.

>According to a report from business media Caixin, sources close to China's internet financial risk rectification work group, have said the decision has not only been reached, but delivered and deployed to local authorities.

>The work group was first launched by China's State Department in 2016 to tackle market risks in the country's financial technology industry such as p2p lending. Located in the People’s Bank of China, it also consists of representatives from China’s banking and securities commissions.

This is for anyone who hasn't heard. The chinks are waking up now, full wakeup at 7 AM Shanghai time (LESS THAN AN OUR FROM NOW). You better move your crypto into OKCASH or USDT now, or cash out.

Incredible buy-in price, coming soon.

So lets assume that the market is gonna crash in the next two weeks, what would you do to maximize your gains?

>saved up $1000 for stocks
>waiting until stock market crashes which shouldn't be long
>go in

Find a flaw (there isnt one).