View Poll Results: when will this current Bear market end
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in 3 months +
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six months +
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12 months+
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18 months +
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2 years +
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Even longer
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09-07-2022, 10:09 AM
#511
Member
Originally Posted by Azz
I'm calling bottom for Bitcoin. You should think about what that means.
Are you good I'm so glad ,double bottom think about that dodgy coin.
Anyhow this war and the us lead sanctions are going to extend this bear market a lot longer especially if their is no peace /ceasefire etc initiative before xmas .
Its going to cripple Europe & the west more pm changes Boris Johnson is only the first casualty of the bitter inflation driven by sanctions that appear to have no effect on the Russians .
Biden will be next .
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09-07-2022, 01:14 PM
#512
There are seemingly entire generations, less a few curious and thoughtful souls, who simply have no comprehension of Bitcoin and, it is apparent, the concept of money and what gives something value. The same people think that NFTs are just copy-paste JPEGs, which reveals a complete (as in, comprehensive and total) misunderstanding of the very definition of what an NFT is and how it exists. These people are generally grew up without computers, and pretty much exclusively have no conceptual, let alone detailed/comprehensive, understanding of cryptography.
The hog can understand how such people are completely baffled by Bitcoin and other cryptographic assets and concepts, for they can only see the world in black and white while laughing at people talking about colours. It must be frustrating to not see what is in front of them, much less understand it.
Last edited by warthog; 09-07-2022 at 01:16 PM.
warthog ... muddy and smelly
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09-07-2022, 03:06 PM
#513
Member
Ha you & your mate azz can pump all you want on the crypto dodgy coin threads , people don't have to agree with you Investing in dodgy coins to not understand the concept maybe its your blinkered vision that sets your ego above others .And you do note realize this is not the bitcoin thread or perhaps your x box
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09-07-2022, 08:32 PM
#514
Originally Posted by warthog
There are seemingly entire generations, less a few curious and thoughtful souls, who simply have no comprehension of Bitcoin and, it is apparent, the concept of money and what gives something value. The same people think that NFTs are just copy-paste JPEGs, which reveals a complete (as in, comprehensive and total) misunderstanding of the very definition of what an NFT is and how it exists. These people are generally grew up without computers, and pretty much exclusively have no conceptual, let alone detailed/comprehensive, understanding of cryptography.
The hog can understand how such people are completely baffled by Bitcoin and other cryptographic assets and concepts, for they can only see the world in black and white while laughing at people talking about colours. It must be frustrating to not see what is in front of them, much less understand it.
Bang on the money!
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09-07-2022, 08:35 PM
#515
Originally Posted by ralph
Ha you & your mate azz can pump all you want on the crypto dodgy coin threads , people don't have to agree with you Investing in dodgy coins to not understand the concept maybe its your blinkered vision that sets your ego above others .And you do note realize this is not the bitcoin thread or perhaps your x box
It's the Bear Market thread. And if you were a bit better at comprehension, you would see my linkage of Bitcoin to the stock market bear.
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09-07-2022, 08:40 PM
#516
Originally Posted by ralph
Are you good I'm so glad ,double bottom think about that dodgy coin.
It's quite simple: don't buy Bitcoin... And the jealousy and anger in your subconscious will continue to fester as Bitcoin heads toward 6 figures.
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09-07-2022, 10:30 PM
#517
Member
Originally Posted by Azz
It's quite simple: don't buy Bitcoin... And the jealousy and anger in your subconscious will continue to fester as Bitcoin heads toward 6 figures.
Why would anyone be jealous of someone who is that desperate to dupe other people in to the same mistakes as them, that they are constantly pumping this dodgy coin crap on all the different threads .
I cant belief you have not got the message yet shows just how desperate and deluded you really are .
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10-07-2022, 08:35 AM
#518
" US shares ended June a little more than 20 per cent below their January peak. Historically, investing when markets are down as much as this has proved a lucrative strategy.
I looked back at all the months since 1950 the S&P 500 closed more than 20 per cent down from a recent peak. Buying at those times yielded a positive return over the following two years on 89 per cent of occasions, and the average gain was 28 per cent.
While some investors will be lamenting their lower Kiwisaver balances and negative returns, those with a long-term perspective should be rubbing their hands, and even hoping for more weakness. "
Words of wisdom from Guru Mark Lister
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10-07-2022, 09:22 AM
#519
Originally Posted by alokdhir
" US shares ended June a little more than 20 per cent below their January peak. Historically, investing when markets are down as much as this has proved a lucrative strategy.
I looked back at all the months since 1950 the S&P 500 closed more than 20 per cent down from a recent peak. Buying at those times yielded a positive return over the following two years on 89 per cent of occasions, and the average gain was 28 per cent.
While some investors will be lamenting their lower Kiwisaver balances and negative returns, those with a long-term perspective should be rubbing their hands, and even hoping for more weakness. "
Words of wisdom from Guru Mark Lister
the guru picked a time frame too match his story. why not make it 100yrs or 30yrs called curve fitting isnt it lol
one step ahead of the herd
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10-07-2022, 09:24 AM
#520
"average gain was 28 per cent."
What was the range? Some could still have been negative or even collapsed if they had been wounded by the bear/the recession. I guess the question is, how does an investor know which companies will do well, very well or poorly
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