>Global financial crisis appearing with Chink markets in freefall >Shitcoin currently crashing with no survivors >XIV, VXX after hours trading down 80% >VIX currently MOONING >Another 1000 point drop for the DOW projected as of 10:30 EST >It's really fucking happening this time
real talk biz can fuck off for the day even in pol
Leo Torres
God dammit OP. I'm tired so I guess you carry the torch.
Jacob Baker
Joe Kennedy is bidding more than the asking price for U.S. Steel. This will soon blow over.
Jeremiah Jenkins
Thanks shiro poster, sleep tight
Brandon Wilson
2 more hours until Europe wakes up and saves the marker
Easton Cook
eeehh.. tell me again why this is good?
Ian Hernandez
I bough 4k of S&P500 today, do you think I jumped in too soon? Thinking I should just put 1k a day until it bounces back rather than trying to find the floor.
Christopher Kelly
>tfw no money or anything invested cause im only 19 the fuck do i do
Easton Wilson
Alright Sup Forums, let's say this is the big one. Here's my situation
>$57k in cash in the bank >$10k in US Treasury bonds that my grandpa gave me >$15k in retirement index fund >$2k in shitcoins
The reason for all the cash in the bank is that I graduated college about three years ago and spent that time living at home, working, and saving money like a motherfucker.
I'm 23 years old and make $60k/yr. What is a practical way to handle this?
I feel like I have a good safety net for my age so I hope to ride this out in maximum comfy.
Oliver Nguyen
Oh god, user....
Michael Hughes
>buy high, sell low good work user, just wait until tomorrow so you can buy even more before panic selling in a weeks time @ 20k
Joseph Torres
nikkei -1400
Jacob Morris
Kill yourself when hyperinflation hits and you're just as poor as every other fucker.
Sit back, watch the fireworks. Then take advantage of your youth to dominate the locals after the balkanization of America and become an ancap warlord.
Because you've been keeping up with your health, fitness, and stocking of weapons and ammo, right user? Right?
Jonathan Rogers
the funny thing about this saying is nobody knows what "low" or "high" is, its all relative. when people sell you buy, its that simple, that and buy shit with dividends
Robert Ramirez
...
Connor Nelson
don't try to time the floor just wait for it to stabilize and buy in once the trend reverses
Andrew Thomas
BTC gonna be below $6000 in a few hours. Can't wait to go tulip-posting on /biz/.
Robert Cox
>China flag AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
Carson Stewart
...
Lincoln Gonzalez
This is a terrible time to sell in my opinion, but of course the correction could go deeper into 3-5k if people continue to panic.
I sold on Dec 28th and bought most of it back today. Is this the bottom? Probably not, but I didn't sell at the tippy top either, and yet, I'm happy with the trade.
Don't be blinded by an irrational market, ZOOM OUT and gain some perspective. If 5k is the bottom, it will bounce at least to 8k and probably higher - you'd see that if you zoom out. Even a capitulation down to 3k should bounce higher than we are now. Literally nothing is wrong with the fundamentals and Bitcoin is healthier now than when we were trading at 19k.
If day trading the 15min chart is stressing you out, then stop. Buy at a decently low price (which is now) and just wait. I can afford to wait 5 years, probably longer. See you at 80k!
Ayden Peterson
buy 10k in gold, hold for the rest of your life, buy the dip in intervals over the course of this correction. the only other option is to go all in and hope you guessed the "bottom" pick one.
Blake Robinson
Never gets old.
Dylan Jones
Hyperinflation fucks everyone. The only way I see around it is real estate, index funds, and maybe some of the gold meme.
Aiden Wood
>thinks its reversing >just bought in at a rally >market tanks again buy the dip over time sounds like the right strategy
Ryan Fisher
>XIV shares plummeting whew lad tommorow is gonna be a ride
Brandon Roberts
I SAID THIS WOULD HAPPEN YOU FUCKS, IT'S ONLY GOING TO GET WORSE AAAAAAAAAAAAAAAAAA
Eli Allen
...
Austin Gonzalez
I was 19 in 2009 and bought in after that crash. I wish I'd bought in more, because the little I invested turned a phenomenal profit. Even at age 19, you should have a part time job and a few thousand dollars to throw around.
Luke Morris
>stocking of weapons i-i didnt have any cash to buy weapons
can i become an ancap warlord with a nailgun from my garage
Jaxon Brooks
We're fucked
Joseph Sullivan
>can i become an ancap warlord with a nailgun from my garage No, BUT I have an arsenal nigga, if you're white, and skinny enough to make a passable trap, I might just take you in.
Kevin Jackson
Mike Maloney has been preaching this shit for years all you nufags need to educate yourselves right the fuck now, this is the most precious information a stranger on the internet can give to you. >youtube.com/watch?v=iFDe5kUUyT0
Jace Barnes
Dollar Cost Averaging has it's proponents.
James Carter
>i-it's just a correction! reminder that the initial contraction in September 1929 was called a "healthy correction" right up until Black Tuesday
Jeremiah Morales
Yep. Deutsche Bank and Credit Suisse, mainly.
Aaron Perry
>Inverse VIX down 80% Jesus fucking Christ it's gonna be a bloodbath tomorrow.
John Jones
IDK, nobody seems to know what the fuck is going on so it seems like it would be hard to pin it on the right wing.
Lmao I'm 26 and have nothing but a middling wage job, Idek what the point of a fiat currency is. It's like playing "superheroes" with that one kid who always says "I'm immune! Now I know your weakness! I can never lose!" except that kid is a Jew and the superpowers are money
Zachary Jones
It doesnt seem to want to stop dropping yet.
Thomas Turner
>(((we)))
Aaron White
Ten grand in crypto coins. Ten grand in DOW. Ten grand in physical gold.
Wait a few years.
Austin Sanchez
If Deutsche Bank dies, EU is finished.
Aiden Peterson
Well, what are you going to do with that 9k off crypt? HODL?
Nathaniel Barnes
Good.
Mason Martinez
What are you planning with the 8k of crypto? Going to buy the dip?
Jaxson Price
yep, no need to rush it could keep bleeding for months before hitting the bottom
just be patient and keep enough cash on hand to buy back in
Brayden Jones
HODL YOU MORONS There is a diamond wall of support at 6.1 k. It will never fall veyond that and will moon to 10k. BUY THE DIP
Isaac Reed
It will be rough. Yes.
Good for you, 7k of crypto, nice!
Isaac Butler
>sets out to save the west >ends up fucking a tranny up the ass this is so uniquely American.
Jace Wilson
>There is a diamond wall of support at 6.1 k I'm assuming this is a meme, but if it's not, then why is that the case?
@zerohedge >Trading halted on futures based on Dow Jones Industrial Average from 10:50am to 11am JST after a circuit breaker was triggered: Japan Exchange
JAPS HAVE HALTED FUTURES TRADING
DOW TO OPEN 1000 DOWN IN 6 HOURS
Lincoln Cruz
>tfw real
Sebastian Hill
BREAKING NEWS FROM NIPPON: >JAPS HAVE HALTED FUTURES TRADING >DOW TO OPEN 1000 DOWN IN 6 HOURS
Adam Anderson
Trust that you'll know before it's too late. As a Sup Forumsack you are already slightly ahead of the curve. Keep an eye out, if normies start talking about it, you might want to consider taking a camping trip.
Blake Gomez
Because bitcoins take 6k of energy to make
Elijah Reed
EU opening will be chaos
This is a crash.
Evan Davis
Thanks China bro. Lets get rich.
Brayden Peterson
Even SHCOMP can't hold on, down -2.2%
Blake Wright
>look up company for XIV >get this AAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHH THEY'RE CRASHING THE PLANE WITH NO SURVIVORS
Jose Myers
>-1000 at opening
Connor Thomas
NIKKEI at -6.6%,
down a full percentage point since afternoon opening 40 minutes ago
Thomas Clark
Well, you're right. But I never said I intended on saving anything.
Noah Jones
>XIV terminated >no one is talking about it
either im fuckedin the head or crash inc
Carson James
Its time to end the Fed boys, this is our chance, it will cost us everything we have, but we can free ourselves and our families from the slavery of debt history calls for us, will you stand for what you believe in?
Aaron Clark
Hoe long until rich nips an hero?
William Baker
Reminder that only people who were highly leveraged lost their shirts. Which was 99% of the market. Everyone else got to keep their stocks while purchasing bargains on their ride back to the top. Are you leveraged pol?
Brayden Rivera
Nikkei dropped another 100, red candles everywhere
Approaching -7%
Christian Rivera
I'm gonna be honest with you m8, I've no clue what that means.
Eli Bennett
XIV isn't terminated yet. It'll happen at market open.
Ryder Reed
>Reminder that only people who were highly leveraged lost their shirts. Which was 99% of the market. >only >Which was 99% of the market. What kind of grammar sorcery is this?
Are we legit witnessing another Economic meltdown?
Isaiah Campbell
>mrw gold and silver
feelsgood.jpg
Mason Diaz
I don't know what that means.
Evan Murphy
Is this our chance to redpill Trump on the Jews? We should just tweet that they're crashing the economy to ruin him
Xavier Brown
Its the inverse of the VIX, volatility index. CS
Cameron Howard
In a few years crypto will be worth zero. Or $250,000 per coin. I think the only question is ARE CRYPTO CURRENCIES A FAD THAT WILL BE LEGISLATED OUT OF EXISTENCE, OR ARE THEY HERE TO STAY?
Eli Rogers
YES!
Chase Gutierrez
Yes
Henry Cruz
False. Positions need to be liquidated to pay for migrants.
Nolan Martin
Pro-tip:
It's pronounced "Jews did this."
Alexander Thompson
>Its the inverse of the VIX, volatility index. CS Fuck does that mean?
Credit Suisse says their $550MM XIV loss will have "no material impact" on the bank.
Luke Jenkins
Yes ending the fed is my dream. We could curb inflation for good as no more fractional reserve lending and wars for petrol dollar. Next following this would end the federal income tax as the world will finally enter a peace.
