How many sold out stocks to cash?

[Vienna]

Run out of cash? What kind of an idiot thinks it's a good idea to be using cash instead of a card when you're trying to reduce transmission?

Vienna, good going mate. You're going to make out like a bandit.

Although I think BTC is the best buy since the halving is coming up in May. Where ever it's bottom is at, not sure. One could easily expect it to double from whatever the bottom is.

This is a completely new, big and totally unknown situation.
This is not the time for any investment decision.
For the moment, as a friend says, cash is king.
However this can change really quickly, fujifilm has just announced a medicine which eliminates the virus within 4 days. French are reporting on successful COVID 19 treatment by using chloroquine.
for the moment stand by and look for opportunities to assets‘ acquisition....

 

[Hi-FiGuy]

Lots of times. I don’t use a wallet, and keep my money folded in my back pants pocket. More than once I have washed my money. Didn’t hurt it at all, but is was nice and clean when done. Almost new.

Isnt laundering money illegal.
Sorry, low hanging fruit and all.

 

[Folsom]

This is a completely new, big and totally unknown situation.
This is not the time for any investment decision.
For the moment, as a friend says, cash is king.
However this can change really quickly, fujifilm has just announced a medicine which eliminates the virus within 4 days. French are reporting on successful COVID 19 treatment by using chloroquine.
for the moment stand by and look for opportunities to assets‘ acquisition....

This sounds like you're not going to make anything when you could. To me it's easy. Crisis = selling, no crisis = buying. All the little news stories don't matter until recommendations for prevention etc are lifted and people are traveling again. If you try to trade based on small story about X you'll just waste money IME with BTC for example. There might be minor bumps but it's better to just buy the dip as they say - low risk.

 

[Vienna]

This sounds like you're not going to make anything when you could. To me it's easy. Crisis = selling, no crisis = buying. All the little news stories don't matter until recommendations for prevention etc are lifted and people are traveling again. If you try to trade based on small story about X you'll just waste money IME with BTC for example. There might be minor bumps but it's better to just buy the dip as they say - low risk.

you are wrong check here... investing on assets’ opportunities.....

https://www.whatsbestforum.com/thre...nes-trains-and-automobiles.30286/#post-636697

her sister-ship is being chartered at 120,000 euro per week plus expenses and by now 14 weeks are already booked

 

[Folsom]

you are wrong check here... investing on assets’ opportunities.....

https://www.whatsbestforum.com/thre...nes-trains-and-automobiles.30286/#post-636697

her sister-ship is being chartered at 120,000 euro per week plus expenses and by now 14 weeks are already booked

Huh? How is that a reply? What kind of sense is that suppose to make? Relevance? What?

 

[Vienna]

Huh? How is that a reply? What kind of sense is that suppose to make? Relevance? What?

not surprised, let’s speak about BTC

 

[Folsom]

Are you saying you bought a Yacht to rent out? or are you just talking about Yachts because you want to invest in something like that? That's not a "you're wrong" that's a "a way to make money before recovery" (perhaps, sounds like it's sitting at ROI).

BTC is simple. It moves fast so you can micro trade if you want. But the halfening is what really matters because the price will change no matter what. It tends to settle hard, to the point that it caused the last mania. It's hard not to make money if you can stay calm about it.

 

[the sound of Tao]

Are we worrying about money while people are dying. Be real. There is no greater occupation this year than saving lives and being together on a front against this virus.

Who would choose to minimise loss of $$$ over minimising loss of loved ones? Who could choose to profit on crisis? We will be defined as a civilisation by this decade. We must pull together and invest in protecting the vulnerable. I don’t want to be at the funerals of my parents because we sacrificed them to a valueless economic fear. We must not risk our elderly. The lost can never be returned. There is no greater imperative than behaving in defence of the tribe and of our families. Suck up your losses. Waste less. Live more simply. But don’t trade life for profit.

 

[Folsom]

Sorry Tao, but people are doing the best they can for themselves whether it's mitigating getting sick, getting tested, or checking their finances. Also it's hard to donate to help others when you have no money. Mitigating things costs money whether we like it or not. Stewing on morality, feeling guilty that you are trying to do the best you can for yourself isn't going to help anyone that is sick. Also the better finances are handle the better the recovery of the economy which will help those effected the most by the whole situation.

I appreciate your thought going to those affected. But it's unfair to say no one cares if they talk about finances. That isn't true. I have an elderly father, grandmother, and my mother while not elderly has asthma... realizing BTC is a hella of a move right now doesn't negate that I'm worried about them.

 

[the sound of Tao]

Business is absolutely part of society and it needs to go on Folsom 100 per cent and I wasn’t saying that people doing business don’t care, quite the opposite in many ways. People doing business are part of the systems well being. I’m still working, buying, investing in life and paying taxes. Compassion is also about being real and functioning in the viable ways.

I’m just saying that just at this extraordinary moment the imperative in a crisis like this is to protect and invest in people and ensure that society is well in all ways and that is the best business. Economic wellness is a function of a good healthy society. If we don’t manage in this time by minimising human loss in the end business will suffer as well. It’s just about the current extraordinary priorities. A focus on investing in the well being of society as the ultimate core infrastructure of a society is an investment in the future of all good healthy business. One may well not survive the failure of the other.

 

[Folsom]

BTC jumped 18% since yesterday... It might just be bouncing along, but that's nothing to laugh at if you put anything substantial in.