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/biz/ - Business & Finance

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51243803 No.51243803 [Reply] [Original]

Bongs, should I move all my cash in to USD today or wait till Monday? Are we going to get a small pump or dump on a new PM? Parity is approaching and I know I should have cashed out a long time ago but I didn't realise how bad it was going to get.

>> No.51243854

>>51243803
Retard all you should have is USD. dollar milkshake theory.

>> No.51243933
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51243933

>>51243803
>trading one shitcoin fiat for another shitcoin fiat

>> No.51243962

>>51243803
If you think GBP/USD will go up, just open a leveraged forex position. More convenient than converting all your money which you'll still need in £ for spending anyway.

>> No.51244015

Ok and what are you gonna do when the us dollar starts tanking again because it'd overvalued compared to literally every currency and they need to bring it back in line to avoid problems. Short netflix and companies that have large amounts of foreign revenue because their profit in usd is about to tank even more in Q3 and 4.

If you want usd just hold the index and like 60% of your stocks will be denoted in usd. The only issue is when us stocks go up 2% but gbp goes up 2% you'll get almost 0% return on that in gbp