RE: :Dlive is :Dlie! - BTC over: Time to short cryptos again?
I’m trying to convince my parents to sell their stocks but they won’t listen. Do you have any ideas on how to do that? They have the hugest gains but they are being greedy now and actually yell at me when I suggest selling them! It’s crazy!! They are all delusional, like they are going to miss something if they sell! I told them there is never a wrong tome to take a profit! I told them they should at least put a safety stop, they just ignore me! I have a really bad feeling about the market!!
Also I told them which stocks to buy in 1998 and 2008 during the bottom of the dips! They owe every penny of gains to me!! Now when i finally tell them it’s time to sell they are mean and call me an idiot! I almost think they deserve to watch them crumble, but i don’t want to go through that again! I warned them! I have this comment for posterity after the crash i guess!
Maybe they could diversify?
I think stocks are a good hedge for the coming inflation.
We’ll I hope so then but that video was about the stock market crashing when the derivatives and debt markets implode! Maybe they will be right, i’m not going to bug them any more about it though! To me stocks look parabolic just like btc did before it crashed. The fed can pump the sticks forever I suppose, but it’s unnatural and things should not go up in a straight line forever. Thanks!
I would guess there is a pullback in January and then more QE. So far they have been very successful in only sending some inflation into the stock market.
Yeah they should have a pullback for sure! I just started buying short funds so I don't worry about owning them more money and needing cover or anything like that. It may no work, but at least I am trying to sell high!