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/biz/ - Business & Finance


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22981779 No.22981779 [Reply] [Original]

Brainlet here, explain why shit is crashing down

>> No.22981797

Speculation, assumption somebody will panic more, get a discount, profit

>> No.22981798

I'm guessing the first crash started because of the investigation into Bitmex, then this later crash started because of Trump getting coronavirus.

>> No.22981806

bitmex is being hounded by the feds, the election is causing uncertainty, and trump has covid

>> No.22981823

also no stimulus
and the billionaires who just aren’t rich enough yet have their giant cash piles courtesy of the fed to spend

>> No.22981853

>>22981806
Man I got called a brainlet for assuming it's because of Trump

>> No.22981858
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22981858

>>22981779

>> No.22981861

man this is so fucking gay

>> No.22981863

are you guys selling or holding? thinking about just liquidating at this point and trying to buy in cheaper

>> No.22981865
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22981865

>>22981779
it was time

>> No.22981912

>>22981863
Traded all my shit into usdc

>> No.22981933

>>22981863
it'll pump the moment you do so be my guest

>> No.22981953

>>22981933
why would it pump, the markets aren’t even open yet and they’re probably going to instantly hit breakers

>> No.22981968

>>22981863
opened a short 5 hours ago, closed it already

>> No.22981972

>>22981863
Sell everything unless selling for a loss. Some people are already selling while you debate doing it.