/biz/ - Business & Finance

>>21760856
fairly high

look to september

>>21760856
world collapses while tech thrives, that's how I see things going. crypto should do okay, but maybe keep 30% of your wealth waiting for a dip

Absolutely, a tsunami of pink wojaks are going to wash this board clean of newfags

>Corona dump
lol the dump happened because the repo market was about to collapse and the QE from september was not enough. Sheep got sold a pig and a pope and Central bank had the legitimation to print money and do the same mistakes as in 2009

>>21760856
It will be from the supply chain breaking. Infections =/= deaths.

Take
The
Mask
Off

Very close to zero, 1 / 1000 maybe.

Unless the virus mutates and starts killing everyone then the stock market is not gonna take a big hit again. With information currently available, nothing, NOTHING points towards a retesting of March, or even May lows.

What about the AIDS virus though

Same problem here, I don't know wether to buy this dip now or wait for a possible deeper Corona dip.

>>21760856
Well I don’t know this time.

If people are smart they will know a second dump in stock market will cause the FED to pump more money. In turn more money pumping means higher price for bitcoin.

My problem is I think the average person is smart enough to think about this and often I’m proven wrong and shit dumps.
> o well I buy more

nothing will happen until close to the election so both sides can blame eachother.

>>21760856
Close to 75%

I don't think corona will dump it anymore because people have become complacent, we need the uncertainty of a new plague because the confusion will create more panic.

There will be an election dump.
With the democrat-pushed mass mailin voting lazy useless retards that refused to show up ONCE every 4 years now having a zero-effort vote will get biden the win.
The problem is twofold: Trump fucked the usps expecting the above, which means the definitive (but not finalized) results will now take days to slowly drip in, as the GOP sees the dem win they will start chimping out about fraud and undermining the legitimacy of the vote. The dems of course won't just concede a win so they'll chimp out too.
The market will dump, because while ultimately there won't be a habbening, the uniqueness of the situation will spook the markets. Cheapies from a scare the ultimately has no fallout, buying opportunity of the decade.

>>21760856
its a scam dumb fag. a 3 day coof is nothing.
quit being a fag dadless homo. kys

>>21760856
already priced in

>>21760856
No, I realized the only people who lost their job were people who didn't matter to the economy in the first place. There is no second dump, and nobody gives a fuck about corona anymore

>>21762415
Doesn't matter what you think personally, what matters is a few whale getting cold feet and dumping

>>21761899

Uneducated brainless fart. You sound like a r/lockdownskeptics retard

>>21760856
there wont be a dump, at least not in the stock market.
investors are drinking the kool aid believing that a vaccine is around the corner so they wont sell. the dump will come only next year when they understand that a vaccine isnt coming

Covid or not I suspect some shenanigans in October right before the election... THERE WILL BE A DIP. ARE YOU PREPARED TO BUY SAID DIP, ANON?

>>21763469
>reddit
go back and then kys

>>21760856
>Infections are rising again


No they’re fucking not you autistic faggot. You dumbasses have been pushing this “second wave in 2 weeks” thing for half a fucking year now. Admit you’re wrong or kill yourself.

>>21760856
more than likely... even if it dumps ill just average down on all my positions. Happened to me with xrp and xlm. Got xrp at 11c when crashed and xlm at 3 cents. Easy money.

>>21760992
You are right that bailing the hedge funds out of their repo positions was the first thing the US government did in response to the virus. However, since I know how much people like getting corrected on here, I should also let you know that "got sold a pig and a pope" is not right at all. The correct phrase is "sold a pig in a poke". Hence the related phrase "letting the cat out of the bag".

>>21760888
how the fuck is nobody checking this

>>21760856
Yes, but it's not a natural dump like March. This one will be coordinated because the parasites don't care about keeping up appearances anymore and they're desperate

>>21763600
It's not a second wave. The economic shitstorm that is being held back by forbearance and stimulus policy in much of the developed world, but especially in the US, will have to end eventually. When it does, we will all be fucked. Whether covid comes back for a second wave or not is irrelevant.

>>21760888
Absolutely checked and now looking to September.

>>21760888

>>21763469
>redditor tries to say anon is a lower tier redditor than faggot in question
go the fuck back