151–160 of 174 posts
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Dollar-Cost Averaging is the way to go. It doesn't matter whether the stock market is up or down.
Usually a great strategy. However, 2020-2021 were an artificially created equity bubble. I don't think we will see this coming back anytime soon. https://i.imgur.com/MsIGcSo.png
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It’s nonsense to argue Bitcoin or Ethereum aren’t subject to inflation when their price in dollars has been, at best, flat, while the latter experiences record inflation.
I argue that inflation is an increasing lack of purchasing power. We're off roughly a third of the BTC peak last year, so would that not be 300% inflation looking at BTC alone?
Yes. I was trying to be generous.
Stock market has been in a slump all year, crypto down huge. Close to 100k layoffs in tech (according to layoffs.fyi). I think people got other things on their mind than trading stocks/crypto.
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Usually a great strategy. However, 2020-2021 were an artificially created equity bubble. I don't think we will see this coming back anytime soon. https://i.imgur.com/MsIGcSo.png
Everyone said the same thing in 2008.
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> Ironically, it's probably best to buy stocks and crypto when they are in valleys like this rather than at peaks. Is this actually a "valley" though? I'm not sure about that. It could be the worst of this recession is yet to come for both types of assets. Buying at the bottom is a great idea, but the hard part is knowing where the bottom actually is.
Dollar-Cost Averaging is the way to go. It doesn't matter whether the stock market is up or down.
Earlier quoted context omitted.
Usually a great strategy. However, 2020-2021 were an artificially created equity bubble. I don't think we will see this coming back anytime soon. https://i.imgur.com/MsIGcSo.png
Everyone said the same thing in 2008.
Earlier quoted context omitted.
Ironically, it's probably best to buy stocks and crypto when they are in valleys like this rather than at peaks. The unemployment rate is still only 3.5% in the US, so anyone getting laid off is being hired back almost immediately with very little slack. The Fed would actually prefer to see higher unemployment around 6% to better manage inflation so they'll keep interest rates high until they see that happen.
> Ironically, it's probably best to buy stocks and crypto when they are in valleys like this rather than at peaks. Is this actually a "valley" though? I'm not sure about that. It could be the worst of this recession is yet to come for both types of assets. Buying at the bottom is a great idea, but the hard part is knowing where the bottom actually is.
I do not do any heavy day trading, but I do like to buy a few shares of things throughout the day, every day.
As a consequence, the user experience in mobile form factor is a big aspect for me. I understand for any professional in the space, this is perceived as lunacy. I am no professional.
Once IRA support is added, I'll be locked in for life. I don't understand how someone can use the fidelity or IBKR mobile apps and think "yes this is all ok" after spending 5 minutes in the RH app.
Earlier quoted context omitted.
Ironically, it's probably best to buy stocks and crypto when they are in valleys like this rather than at peaks. The unemployment rate is still only 3.5% in the US, so anyone getting laid off is being hired back almost immediately with very little slack. The Fed would actually prefer to see higher unemployment around 6% to better manage inflation so they'll keep interest rates high until they see that happen.
Stocks? Sure. But there is no reason crypto couldn’t go all the way to zero.