Recent comments in /f/wallstreetbets

VisualMod t1_jecu8dp wrote

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>TL;DR: USD is stable. Gold is a good store of value. Bitcoin is volatile but has potential to be a good store of value (and it's the best if you use it as a currency). USD Coin is the fastest for transaction, but least stable and least liquid.
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Optimistbott t1_jecu4cv wrote

You never know. They could be making safe loans to balance it out. But raising rates is supposed to slow borrowing, and the possibility of demand reduction to reduce inflation is supposed to make borrowing more risky. Maybe they already made the risky loans. A lot of long term assets depreciated due to rates tho. So maybe that’s where their heads are at. It’ll all be fine,

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mrnotadvice OP t1_jectnx6 wrote

What resistance do you see?

Also, the NDX isn't a Bear market. Either is the SPY technically. If you are talking about all the shit that is going on: banks, CRE, crypto, Fed - yes, that's bearish - but it will take time. My ONLY risk going long QQQs is an outlier news event from one of the members of the shitlist in the previous sentence.

If you see resistance please point it out.

Thanks

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