/biz/ - Business & Finance

>>17962859
Everything is shutdown, except the internet. So things like video conferencing companies, or internet coins, should go up again.

Yeah retard, they're doing the long rumored global economic reset. Gold and a certain crypto will be at the heart of the new system. This virus is their cover story.

>>17962859
California said it will likely infected 25 million people. Even at the low casualty rate of 2% that is half a million dead. It’s severity is underestimated by goobers that cannot into statistics

>>17962859
What do you mean everything is going up? We have had several historical drops over the past couple of weeks...

>>17962859
Manipulation by the FED, by governments, etc.

But cryptos are not coupled to the real-world economy and in case of inflation they are also considered as safe-haven assets, that is why they go up.

Gold and silver go up as well as they are the number 1 safe-haven assets

Bonds go up too as central banks are bailing out countries.

Just stocks get hit especially these of the car industry, tourism, etc. and commodities because in a recession/depression the demand for commodities goes down.

And there will be a massive correction upwards after such a black swan event.

So going short after a 60% dump is not very clever.

>Just print money dude lol
Apparently it's working

stop shorting retard

risk/reward is out of favor

It's almost like people aren't necessarily worried in the long term because western medicine is really effective and this virus isn't that bad.

The doom posting on /biz/ is reaching fucking mythical tier

>>17962859
Because:
>the virus is not as bad as doomers say (this makes them mad)
>the underlying fundamentals of the economy are strong
>things will BEGIN to go back to normal in about 3 months

>>17962859
>why are whales buying cheap stocks

>>17962859
>what is a bulltrap
>assets only dump straight down
>low volume pump
What the hell are you even worried about anon lmao literally just give it till Monday MAX

>>17963755
Get in your cell and think about what you have done

The same media that told me the sea would rise and drown me if I didn't stop using straws is telling me Beware the Bat Coof!

>>17962859
only thing really manipulated is you for believing these kinds of narratives

Enjoying that trump vote, retards?

because after a dump like the one we had it has to go up at least a bit. its like ebb and flow. doesnt mean it wont dump further later.

>>17962859
Dead cat bounce number 5. The intial panic has deflated and there is a breath of fresh air from feds. Except the air is poison gas because the world is essentially shut down and there will be another panic.

>>17964354
>>17963956
>Dead cat bounce
>bulltrap
This. Elites cashed out a long ago, but they also had some stocks just in case, this is the last pump for some of them to make a little more profit. Don't fool yourself, it's going much much lower.

>>17962859
we are in the denial phase

>>17963755

>>17964995
This is a funking bulltrap people are unemployed and who the fuck is putting money into internet coins instead of buying food?