No idea what is going to happen, just a peaceful protest, or start of civil war 2.0, complete takedown of the deep state and mass arrests of pedos?
Either way, I don't wanna be in the stock market right now. Anyone else agree or am I just being silly?
Got out yesterday. Had a big run on some positions, want to lock them in. Will probably be jumping back in soon but for now just want to play it safe.
Yep, I invested heavily in March when covid scared the market. 230% gains I kinda wanted to lock in on. I know it will be taxed, which is the downside. But now I can put the capital to bitcoin or pay off student loans.
Dont do it. We have solid fundamentals as a nation and have so much potential once we get over this dark time. Have faith pede but don't cash out yet because even if we lose the market wont tank tbat fast youll have time to exit. Instead of cashing out, move it towards gold or bitcoin
Edit: I've come to my senses, who the fu*k knows whats possible, This year.
market will tank if we win, short term. Wallstreet loves the CCP and Biden, will bounce back big long term due to strong economy. Market will tank long term if we lose, because controlled and regulated economies are stupid fucking ideas that don't work. Either way, I'm selling now and waiting to see what happens.
Agreed, just let it sit until the 21st. Trump won, the problem is going to be convincing the rest of the world of that, tomorrow is the day, but your right, the normies that drive the market will panic and sell everything if any high ranks are arrested for treason tomorrow.
My theory on bitcoin going up so high is that these deep state actors are about to bail and leave the country and they are buying up bitcoins so they can defect to China and avoid treason charges.
If March is any example, no, there won't be time to get out... At least, my investment firm requires 24 hours notice to sell since they only runs transactions once a day in the morning.
But to move to bitcoin I would have to sell and cash out anyways, and transfer the funds to coinbase or something.. I'm keeping the cash in the investment account for now, just taking a 2 week break.l and then rebuy all the positions. If the market tanks I win, if it doesn't, I lose due to taxable gains.
After i commented, i gave it thought. The CCP and its agents are everywhere, if they did a sting of sorts or whatever happens, companies wont be on the up and up in general.
The rebuy doesn't sound that bad either its safe and lets the dust settle. How fast can the US $ tank?
Right, what happens if Jeff bezoses is arrested in being complicit with the corruption, or jack for that matter? Amazon/twitter stock tanks and takes all tech stocks with it and that takes the whole market.
I think you may have saved me some $$, thanks for being the voice of reason in all this madness haha
IMHO. Not a smart idea.
Source: I am a professional money manager. Edit: Not trying to be a jerk. There are always very good places to allocate capital. Cash is not one of them at this time.
What about shifting it to bitcoin for 2 weeks and then getting back in the stocks?
What are you doing here, retard? Go back to portland.