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I'm fucking freaking out. I'm so stressed out I'm sweating just from looking at the stock & crypto charts. EVERYTHING IS FUCKING TANKING - NOTHING IS GREEN

I'm fucking freaking out. I'm so stressed out I'm sweating just from looking at the stock & crypto charts. **EVERYTHING IS FUCKING TANKING - NOTHING IS GREEN**

(post is archived)

[–] • 4 pts

That means everything is on sale.

[–] • 2 pts

It means OPEC and the gas/oil companies are bleeding the world's economy dry with inflated prices. It's not just an American problem - it's worldwide. I hate Biden more than the average American but he's not 100% responsible for these insane gas prices. Yes, he & his admin shutdown the Keystone Pipeline and stopped fracking/drilling and other contracts, but the US has oil reserves that would last at least 20 years.

[–] • 0 pt

Approximately 27 days at our current consumption.

[–] • 3 pts (edited )

(((crypto))) is tanking.

Good.

(((DJIA))) is sinking.

Good.

he bought into (((digital currency)))

he probably believes his (((bitcoin))) and (((ethereum))) are untraceable

[–] • 3 pts

My fucking gold ain’t tanking!

[–] [deleted] • 3 pts

Good time to buy stocks or crypto.

[–] • 2 pts

Yea because we are totally done with the pain. Buy the dip and hold the bag.

[–] [deleted] • 2 pts

I mean, it might go lower and all that shit, but it's pretty low now.

[–] • 0 pt

When other people are panicking is the best time to buy. You can't time the bottom but you can chase it down.

Dunno about stocks (they are heavily inflated by money printing) but crypto is likely to go back to previous ATHs if you wait long enough (~5 years).

[–] • 2 pts

Also known as catching a falling knife.

[–] [deleted] • 1 pt

Yeah I bought 4 dips ago and I realize now we still aren't at the bottom. BTC was at 23k today. Alt coins are completely tanked. I'm watching stuff but honestly I'm thinking at least another 6 months before I buy anything. At least.

[–] [deleted] • 0 pt

I too suspect it will go even lower. A LOT lower even.

[–] • 0 pt

I've looked at the futures charts for crypto and commodities and wouldn't suggest it. Cash is currently king even though the true inflation rate is technically around 25%. It's always 2-3 times worse than the media makes it out to be.

[–] • 1 pt

Anyone got any suggestions on where to dump cash into?

[–] • 0 pt

Vehicles.

[–] • 0 pt

I'm not getting into repairing old tat again, it's a money pit and there is no demand in the UK because the Poles do it all. As soon as this recession is over then people will be looking at electric cars anyway

Was thinking about bitcoin, in 5 years it might be worth something again?

[–] • 1 pt

Yeah that sucks, time to buy in if it drops some more.

[–] • 1 pt

I know, pathetic, we've put off the pain for so long.

[–] [deleted] • 0 pt (edited )

Were going to auger in this time. If it comes back it will be on a different monitary system after a jubilee. Im seriously considering taking the 10% early withdrawal penalty and exiting. Taking the cash and putting all into gold and preps. Maybe a 401k loan for the full amount to avoid the early withdrawal penalty and avoid taxes. Take 10% of it and hold it to the side for payback payments for a year because the system is not going to hold for that long. We aren't even to the point of contagion yet when Europe collapses in the next few months.

[–] • 0 pt

even if you bought at the high before the great depression, just a few years later you were positive again.. Hopefully you didn't invest money that you will need any time soon..

anyone on here should have already been into energy and materials as of last year, so hopefully you aren't as far down as the market in general is.. market is down 2x the % that my investments are.

be prepared, it'll be an effeing blood bath soon

[–] • 0 pt

Crypto turned out to be shit