Yes, I prefer invest as much as I can, because I am much more afraid that I will waste my life by working whole life 9-5 like and never be happy. I always ask myself what is the worst that can happen? And I can’t find answer that would scare Read more…
In less than 12 hours the Chinese markets open. For those unaware, they have been closed the last 2 days for holiday in China. Looks like approximately 9:30 am over there is the open, which puts us at about 9:30 pm EST. That’s when the Evergarde shit will hit the Read more…
Many people here don’t seem to get it when they say it dropped 20% yesterday and fully recovered the next day with 20% gain. No, it’s not. The market is asymmetric. After a 20% loss, you need 25% gain to get breakeven. It gets exponentially worse after 50% loss. 50% Read more…
I was going to buy in this morning, then I did a bit more researching. This “Evergrande dip” is not happening, it’s about to start. Thursday the 23rd is when Evergrande’s loan payment is due, which they can’t cover. The Chinese exchanges will open at 9:30am their time, which equates Read more…
“Invest only what you can afford to lose” , “Invest the amount of money you can stomach seeing 80% down” — that’s what you’ve been repeatedly told. But you know better than to listen to strangers on the internet, right? So, a million dollar question is — are you overinvested? Read more…
First of all notice the COMEDY tag, even though those are all facts I used the tag because I’m not trying to hate on US people (love you), so I’m joking. Joking with the truth though. Second, I did NOT put all my lifesaving in to crypto. But if I Read more…
This announcement came after the German government reported its highest inflation level since 1993, as the Consumer Price Index stood at 3.9% in August.
Global Stock Markets Weaker; Chinese Contagion Risk; Dollar & Yen Strong
INTRODUCTION Welcome to the Weekly News Summaries megathread. Why does this thread exist? Daily news summaries are not allowed anymore since they were viewed as excessive. In response, the mod team created the Weekly News Summaries megathread for consolidating all periodic news summaries. The goal is to level the playing Read more…
Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may Read more…