Buy VIX Futs with an ETF for simplicity before Santa rally overDowbt Im only one who is front running reversal unjustified market rally with no earning proof driven by inflation that is diminishing no longer supporting earnings JPM'a theory basically mid this pas year but he was correct but too early to the earnings crash party! Now that Dem's fiscal punch bowl is nearly empty adding 7 trillion to national debt in less than a year to help midterms and markets just priced in 5 rate cuts and earnings multiples at 20 (long-term=15) including mag-7 take out mag-7 not so hot). Hard to justify any more growth with excelorating diss-inflation and "black-swan" risk is non-black swan character as so many increasingly potential systemic risk just keep stacking up, plus a corrupted Presidential Administration, Congress, Dept. of Justice, FBI, Dept. of homeland security, school system, universities, and mainstream media have perpetuated/caused the problem with bs employment numbers, omissions and flat out lies as well as staring wars, ruining trade agreements and unleashing the worst inflation in 40 years all about to collapse from sheer societal rejection that will most likely be exposed causing worst crash best described by Jeremy Gratham (just YouTube him if your not familiar with the oldest and most historically-successful "Wall-Streeter perma-bear")
NOTICE: Expressions are not recommendation or advice. If you are not competent then obviously should consult what is called an "Advisor" on the subject. Don't blame me if you make a decision based on this as it is only an opinion and past performance does not constitute a reasonable basis for future performance or non-performance as we don't have a time-machine obviously this goes without saying but some really doubt people make it a habit to assume they know with certainty and can guarantee what the future holds and to those I say sit down and humble your self or the market will humble you for yourself in "New York Second," and that is pretty fast. Just saying, don't be a fool and use common sense and trade size and don't blame others for your decisions, and, trade responsibly.
Deathzone
Dow Jones Industrial Coronavirus Bearish Sell Signal If you survive the Coronavirus Global outbreak, if you have cash reserves, if you sell today, if you wait for the market to crash 50 percent or more. I promise you’ll be rich is you buy the dip thats coming. Dow Jones Will hit 15000 to 10000. There is a great disturbance in the world, and when there’s blood in the streets BUY BUY BUY! Upcoming Great Depression!
So , everybody giving up now??2018 was a terrible year for a lot of people. A book , entitled "The rise and rise of Bitcoin" was published, and many people wet their toes in the crypto lake at it's height.
Today we know that prices like those seen were largely based on hype, possibly by insider trading, price manipulation etc..
80% of trading, of investing is psychology; and what many hoped would now be a good year for crypto seems to be it's death rattle.
A market is based on many things - crypto is far simpler. It's use cases are there , but episodes such as today's, and crash upon crash scare away the big players and institutional investors the crypto press is so fond of claiming are sitting at the table.
The purpose of crypto right now is to MAKE MONEY.
That has to be accomplished , and a steady yet sensible rise in valuation needs to be seen not only before anyone will take it seriously , and frankly the damage may be done there already , but also before mainstream adoption can/will take place.
NOBODY wants to lose all of their risk capital. Crypto has consumed many a poor fools capital assigned to risk that should never have been there to begin with.
Before any of these wonderful things can happen , a responsibility exists within the crypto community NOT to drive it into the ground.
Day trading, and scalp trading have replaced H.O.D.L. for a good reason, the year 2018 - irresponsible reporting, irresponsible claims and boasts by billionaire hedge fund managers , and I do not believe it is an accident.
Every time I see a headline that reads "Bitcoin to hold steady at 4k," for example, it crashes that very night.
Who controls the press?? Big money. They then step in at the bottom and take money from the smaller investors who haven't learned that C.C.N., Nulltx , and others among the cadre of "Journalistic sources" that tell you about Novogratz at 20k by end of 2018, predictions by Tom Lee etc. are dead WRONG . They are to crypto news as the Enquirer is to real life news.
The galling thing is that they are believed even still, with new toys like a "confluence detector."
If people had any faith in this market , and any desire to protect the world from economic globalization, and a day when the bank doesnt have your fiat currency, it WILL fail. We are looking at a globalized, centralized, digital fractional reserve system in the near future if this doesn't stop happening , and the death of a noble endeavor, economic freedom , a way for the poor citizens of countries with despotic rulers to retain and exchange currency. The death of freedom, and a looming economic crisis the likes of which have never been seen.
Good luck.
Fortis fortuna adiuvat.