Black Monday

[Bikeguy]

Whats up bull..

ASX in free fall

Yes? What’s driving this?

[Valuegrowth]

Could see further issues in the Banking space ....with the Federal Reserve's emergency Bank Term Funding Program (BTFP), which is keeping regional banks afloat, ending tomorrow..

and many of these banks aren't small the largest twice the market cap of ANZ !!

Australia (ASX-200) has set a new record one-day fall. This could be just the beginning. Current financial system creates more debt and more money. They lead to more inflation and unstable banking system. Currently I don’t have signal banking stock in my portfolio other than one commodity stock and few boring stuff. Banking stocks are good for trading and not for investment exception is very strong banks.

[FTG]

Australia (ASX-200) has set a new record one-day fall.

Really - are you sure about that?

[Valuegrowth]

Really - are you sure about that?

The biggest one day fall over the last couple of months. Their worst fall over the last 10 months.Nikkei is following ASX 200.

[bull....]

Whats up bull..

ASX in free fall

testing the breakout maybe. not uncommon for big asx drops after a good run and march is historically a seasonally weak month for asx on average.
i might worry more if it falls under 7600 being a trader

[bull....]

Bitcoin can top $150,000 in the next 12-18 months, says Fundstrat's Tom Lee

he's always been super bullish

[mike2020]

If as a total newbie I wanted to dip a toe in on these, how to do? Is there an ETF on either the ASX or NZX?

[Rawz]

If as a total newbie I wanted to dip a toe in on these, how to do? Is there an ETF on either the ASX or NZX?

I typed bitcoin into Sharesies search field and 13 etfs popped up. All US based. That’s nice and easy

[Snoopy]

If as a total newbie I wanted to dip a toe in on these, how to do? Is there an ETF on either the ASX or NZX?

If you must delve into the bitcoin realm, I would suggest looking at something like this.

https://vaultdigitalfunds.com/why-vault/

It seems to be well structured to take the optimal path of working with NZ's tax laws, to gain maximum net benefit for NZ investors.

SNOOPY

discl: not looking to invest in bitcoin myself

[bull....]

might want a AI PC too , the next generation of PC's
can then tell you to only invest a tiny fraction of your portfolio in crypto