/biz/ - Business & Finance

>>21954627
Or, the flood of investors who don't even know about day trading rules will drive the markets further up. We'll take their money.

>>21754072
Nah, it's definitely real and there if you look at the boomer retail headlines from time to time. It's just that the rotation doesn't last for more than a few days at maximum. Basically it's like forcing yourself to take profits in the sense that you sell off your financial position to buy calls on tech on deep red days.

>>21754103
I think it's pretty alarming that most of Bitcoin users aren't actively using it to deal with everyday purchases even in 2020. Development and adoption seems pretty stagnant, and that's coming from somebody who frequents visits to Japan and Korea (visiting family). If I don't see BTC being adopted in those type of countries, I don't see it ever being adopted in places like Europe or America any time soon. If they adopt BTC, sure, I can see it going to $50k and beyond. But for now, there's higher gains to be had in new budding tech companies (data focused) or established giants like FB/GOOG (online advertising footprint) or AMZN/BABA (consumer cyclicals).

The bulls are back in town.

>>21643618
Me too buddy.
I want to see the oceans of blood red and pink wojaks..

And the endless pastures of bright green and green wojaks.

And here's the opening bell for March 17, 2020 - along with the S&P 500 heatmap.

Look at that wave of green all across the entire board. Don't bet against America.