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Forum ยป Just LOL if you're not all cash at the moment.
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Thread: Just LOL if you're not all cash at the moment.

post 1660455593 04-29-2022, 11:09 AM
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Just LOL if you're not all cash at the moment.

USD is rising against all other currencies and is showing MAJOR strength in the short term.

Before any of you say anything about it being JPY, this is also seen across the board with GBP and EUR

-Price is above 21 EMA
-MACD has crossed and is in a bullish uptrend
-Currency Strength indicator reaching upper limits
-ADX on uptrend and about to cross 25
-Price has broken out of long term downtrend
-Price has broken above the previous fakeout breakdown
-Price is now retesting recent uptrend that was brokendown by fakeout

Everything indicates that price will go higher into the supply zone, and even possibly bring in new ATHs





Here is the macro news:




Cash is king for the foreseeable future in the short term. Ensure to watch key levels that will be retested soon for a reversal, will be time to go short for huge gains.


*Toronto Misc Crew*
post 1660455753 04-29-2022, 11:12 AM
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  1. N0stradamus
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The stock market tanking, crypto is sliding down, real estate crashed in March 2022 and continues to fall...... this means everyone is selling everything they got and hoarding cash...
Everything I post is satire.
Tricknology Grand Master.
post 1660455773 04-29-2022, 11:12 AM
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  1. LateShow
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But who was inflation
post 1660456173 04-29-2022, 11:19 AM
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Originally Posted By LateShow⏩
But who was inflation
To retest previous ATH is an additional 12.5% increase from where price is at the moment. Which should beat out inflation.

Additionally, once market finds its bottom being all cash will open up massive opportunities to go long for extremely cheap.

Im expecting a 17% correction on spy at minimum up to 48% into demand zones. Spy price is looking like it will cross over 21 EMA very soon and confirm downtrend continuation. I am looking to load up SPY puts this month

*Toronto Misc Crew*
post 1660456273 04-29-2022, 11:21 AM
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Originally Posted By N0stradamus⏩
The stock market tanking, crypto is sliding down, real estate crashed in March 2022 and continues to fall...... this means everyone is selling everything they got and hoarding cash...
Exactly. Currency strength will just continue to go up, and a lot of buying opportunities will be presented. Having cash at that point will be biggest brain move since 2008
*Toronto Misc Crew*
post 1660456473 04-29-2022, 11:24 AM
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  1. OffwhiteBrah
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But what is Shib doing ?
post 1660456483 04-29-2022, 11:24 AM
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  1. soaponarope1
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Originally Posted By N0stradamus⏩
real estate crashed in March 2022 and continues to fall
fuark missed this. where is it falling, hopefully near me i'm looking to get into a couple rentals.
post 1660456543 04-29-2022, 11:25 AM
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Originally Posted By OffwhiteBrah⏩
But what is Shib doing ?
no clue brah i dont trade crypto
*Toronto Misc Crew*
post 1660456733 04-29-2022, 11:29 AM
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#9
  1. Jms89
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cash is trash. If it doesn't pay me a dividend, i want nothing to do with it. Real estate, dividend paying ETF's in REAL companies (IE KO, O, MO, CAT, JNJ, Etc.), crypto staking in real projects like ETH and SOL....all much better options than cash. Keep just enough on hand to pay your bills and pay for a few emergencies. Everything else should be invested and working for you.
This fool's running a Honda 2000
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post 1660456943 04-29-2022, 11:34 AM
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#10
  1. BamHurgler
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Originally Posted By Jms89⏩
cash is trash. If it doesn't pay me a dividend, i want nothing to do with it. Real estate, dividend paying ETF's in REAL companies (IE KO, O, MO, CAT, JNJ, Etc.), crypto staking in real projects like ETH and SOL....all much better options than cash. Keep just enough on hand to pay your bills and pay for a few emergencies. Everything else should be invested and working for you.
Your dividends mean nothing if the underlying is tanking.
*Toronto Misc Crew*
post 1660457053 04-29-2022, 11:36 AM
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#11
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Tell me about it, EUR-USD is chit right now, parity is only a matter of time.
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post 1660457453 04-29-2022, 11:42 AM
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Originally Posted By BamHurgler⏩
Your dividends mean nothing if the underlying is tanking.
You do realize that his stocks will recover and grow at roughly the same rate expected, right? If the stock market doesn't recover then that means the economy as a whole has **** the bed and we'll soon be worried about starvation rather than dividends. As always the person who buys and holds will win.
post 1660458693 04-29-2022, 12:07 PM
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all my crypto is in the gutter. i was planning on liquidating soon to get some cash but i just cant sell this low. when we thinking the crypto market goes back up?

if its sometime next year i just might take my L now and buy back in later
Toxic Male Energy

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post 1660458793 04-29-2022, 12:09 PM
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The US dollar hit a 20-year high against rivals on Thursday as the Bank of Japan doubled-down on its dovish policy, sending the yen to its weakest level since 2002, while the euro hit a five-year low on growth concerns for the region.
post 1660460673 04-29-2022, 12:39 PM
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sorry brah, I'm not a retard so I won't be joining your strategy
post 1660461973 04-29-2022, 12:58 PM
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#16
  1. guest89
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I'm not selling any of my current holdings but I anticipated things sliding down so I'd been stacking cash instead of DCA in like I normally do.


I'm most likely going to go all in with Crypto when I feel like we've reached a bottom and another bull run is on the horizon. Assuming you pick the right micro-caps you can literally 100X your money so I'm fairly excited at the prospect.
post 1660462623 04-29-2022, 01:09 PM
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Originally Posted By soaponarope1⏩
You do realize that his stocks will recover and grow at roughly the same rate expected, right? If the stock market doesn't recover then that means the economy as a whole has **** the bed and we'll soon be worried about starvation rather than dividends. As always the person who buys and holds will win.
The point isnt to hold cash forever. Its to hold since its running to retest ATH while stocks are dumping.. Then once reversal comes in you will have enough cash handy to purchase back in for way cheaper.
*Toronto Misc Crew*
post 1660463383 04-29-2022, 01:25 PM
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Originally Posted By IronILLinois⏩
all my crypto is in the gutter. i was planning on liquidating soon to get some cash but i just cant sell this low. when we thinking the crypto market goes back up?

if its sometime next year i just might take my L now and buy back in later
I dont trade crypto brah. But a quick look at BTC chart, its kinda hard cuz it just looks like theres consolidation occuring, break could be either above or below depending on news. If you watch the video above that I linked nasdaq is coupled with BTC right now so a drop in the nasdaq which looks very likely should be followed with BTC drop too.

BTC at the moment is testing 21 EMA which is pretty important so we will see if it drops below and holds. This level also brings us into a previous demand zone and most likely looking to retest key level at 29k. MACD is also signalling a down trend continuation

If BTC breaks down past that I see BTC -> 14k

*Toronto Misc Crew*
post 1660463523 04-29-2022, 01:29 PM
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Originally Posted By guest89⏩
I'm not selling any of my current holdings but I anticipated things sliding down so I'd been stacking cash instead of DCA in like I normally do.


I'm most likely going to go all in with Crypto when I feel like we've reached a bottom and another bull run is on the horizon. Assuming you pick the right micro-caps you can literally 100X your money so I'm fairly excited at the prospect.
Any micro caps you have in mind?
*Toronto Misc Crew*
post 1660463583 04-29-2022, 01:30 PM
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Logically speaking, this was completely expected and predictable.... As living costs rises (food prices, gas, utilities, property taxes etc) people have to sell off their investments just to survive because wages have been stagnant for well over a decade......


For the boyos with cash reserves and good salaries, the next 1.5 years will have huge buying opportunities for investments......
Everything I post is satire.
Tricknology Grand Master.
post 1660463623 04-29-2022, 01:31 PM
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sell stonks low, buy high
post 1660463873 04-29-2022, 01:34 PM
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Originally Posted By BrianDaMan⏩
sell stonks low, buy high
We havent seen any real lows yet. Spy is chopping but signalling a correction to 2020 levels

AMZN got dunked on with earnings miss, and APPL posted a big beat but still went red. Market is dked
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post 1660464723 04-29-2022, 01:54 PM
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I currently have 100k in cash.

What do you advice me brahs?
post 1660465053 04-29-2022, 02:01 PM
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Originally Posted By Jkm94⏩
I currently have 100k in cash.

What do you advice me brahs?
Hold and wait for USD to reverse after hitting new ATH

Hold and wait for market to bottom out and buy back in on the confirmed reversal into an uptrend

OR if you want some risk you could short or buy puts

Usually you dont want to hold cash because its depreciates due to inflation. But since the value of the dollar is appreciating to match/surpass inflation while the market is going down. Its better to just hold cash for now
*Toronto Misc Crew*
post 1660466193 04-29-2022, 02:22 PM
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Originally Posted By IronILLinois⏩
all my crypto is in the gutter. i was planning on liquidating soon to get some cash but i just cant sell this low. when we thinking the crypto market goes back up?

if its sometime next year i just might take my L now and buy back in later
Not investment advice. lol

But so far the trend has been for crypto to move in the same direction as the stock market and in opposition to the US$.

US$ down = crypto up

US$ up = crypto down
Originally Posted By BamHurgler⏩
Hold and wait for USD to reverse after hitting new ATH

Hold and wait for market to bottom out and buy back in on the confirmed reversal into an uptrend

OR if you want some risk you could short or buy puts

Usually you dont want to hold cash because its depreciates due to inflation. But since the value of the dollar is appreciating to match/surpass inflation while the market is going down.Its better to just hold cash for now
BOJ dovish/QE. China pretty much pegs their currency to be below the US$. EU & UK seem to be getting hit pretty hard by the Russia sanctions.

Cliffs: None of central banks behind the other major currencies appear to be trying to "fight inflation" [aka: "deflated" via higher interest rates and market operations].

The Fed says they are raising rates and doing QT- how much and for how long? No idea really.
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post 1660466483 04-29-2022, 02:26 PM
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I'm expecting ETH & BTC to fall another 20-25%. I'll buy back in.
post 1660466623 04-29-2022, 02:28 PM
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I'm just buying everything in sight. LOL at holding cash when it's all at a discount.

In b4 you all think you're gonna time it perfect and buy at the absolute bottom.
"One day I won't be able to lift any more. Not I won't want to lift. I mean physically unable. That day could be decades from now or it could be tomorrow. All I know is that's the day I'll wish I could lift more than ever. The day I'd give anything for one more workout, one more set, or one more cardio session. So go hard and enjoy every workout, every set, every rep. Because one day you will wake up and you will never get it back."
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post 1660467063 04-29-2022, 02:37 PM
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boyo just use DXY
biddies in tracksuits
post 1660467103 04-29-2022, 02:37 PM
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I'm heavy cash right now (and gold and silver) simply because it has transactional value. Recently sold my car and bought another used in better shape at a huge discount. Buying a lot of things right now that I need upgrades on like laptop, phone, etc.

Anyone that says cash is trash never accounts for transactional ability of it. Hard to make moves when all your money is tied up in 401ks and roth ira's.
post 1660471213 04-29-2022, 04:14 PM
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Originally Posted By sdmk⏩
boyo just use DXY
thank you. This month is gonna be interesting

*Toronto Misc Crew*
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