Bull Markets vs Bear Markets: The Differences Explained
No one can predict when markets will rise or fall, so it’s good to be aware of the characteristics of bull markets vs bear markets.
Anyone investing heavily this year??
- Thread starter rph2005
- Start date
Sounds shortsighted, but im not going to disagree with it being a money grab. Imagine if they same mindset was made for the internet. Let's not act like people hsve always thought highly of the internet or personal computers in general.
Right now, the US is at the top because of the US dollar and military. Regardless of the currency, it only has value because we all agree it does. Some countries fiat isn't worth printing. Now imagine a world where Bitcoin is more respected than the US dollar. Who knows how likely that is to happen. In the event it does, do you want to have enough on hand to be competitive or be arrogant and believe the US dollar will always be the preferred currency.
Bitcoin and alt coins serve different purposes. Just because we have gold doesn't mean no one wants silver. Most countries have their own currency.
For the record, im not one of these crypto people who believes Bitcoin will take over. I just willing to take a risk that has so far benefited my family. The day it doesn't i don't particularly care. I'll just move on to the next investment.
When Buffet sold, I sold. The only things I have are my bank stocks from the Bank Run and they took a beating today. If they were to lose a significant value, I’ll sell and come back at the “bottom” and rebuild just for the dividends.
I see ford Broncos everywhere far as gas. Far as electric im seeing the Ford mach-e and cadillac lyriq
I know a lot of people believe in crypto's potential, but I'm still waiting to see implementation. When I can buy anything at a major grocery chain I'll get serious about it.
I have made money from crypto But I honestly see it as gambling.
I buy it with any left over money and let it run.
If it hits I’m happy, if it doesn’t then it is what it is.
Define gambling.
Everyday investing is gambling. There isn’t a real “science” to this shit. Investing in a Ponzi scheme isn’t gambling either. Bitcoin is a scheme. Palintir is a scheme. If Palintir drops to $15 will people adjust their perception of the marketplace? Folks will engage in wholesale greed and talk about their charts and fundamentals. It’s psychological. At what point do you check your account and then throw your beliefs away?
Where are the buy the dips post? How long are you going to hold a stock that you paid $100 for that’s now $20? That belief you’re going to break even is going to tear you apart. You have to take the loss. And lower the Day Trading minimum to $5000 so everyone can learn a lesson in greed.
Can you buy groceries with gold or silver here? You can't go into a grocery store and say I have 400 shares of Apple. You have to sell the asset to buy goods. We live in the western world. Here it's just an investment vehicle. Even with that, there are places that accept it as payment. Indirectly, you can make payments with Bitcoin or an alt coin via coinbase debit card. As far as I'm concerned, it spends the same.
I don't see majors accepting BTC directly until the price/market is more stable. The other part is most people view it as an investment. That's why Elon couldn't get people to buy Tesla’s with it. The other reason is using crypto as payment triggers a taxable event.
Not saying you particularly, but people will always continue to move the goal post. In 2017, no one would believe the US would support crypto to its current level regardless of the potential why. Unlike 2017/18, crypto market is falling for the same reason as the traditional markets ( tariffs, inflation & Trump). If the thought is the market is filled with scams id argue the same is true for the stock market. People in congress have been taking advantage of insider information. Why care about them doing the same with crypto.
Ironically, some of the issues in crypto were purposely done by the government to hurt it like operation chokepoint. How is sector supposed to remain stable if the government is telling the financial world and potentially any businesses not to work with the crypto industry.