Off Topic Does anybody understand bitcoin?

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originallambrettaman said:
You think we can discuss the actions of Donald Trump and the impact of his tariffs, without discussing politics?

I’ve no idea why you keep trying to cause issues like this, you know the rules and you’ve also tried a post on Sadiq Khan as well this afternoon.

It’s always you, everyone else seems to manage just fine.
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Absolute rubbish.
Posters are managing just fine to discuss the topic in the above posts, effectively responses from the OP, without it being political.
It absolutely wasn't a political post, as is being proven.
 
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It's carnage. Mitigated some of the losses by shorting the S&P 500.

Suppose it's an education on how to handle investments as retirement approaches by moving into things like bonds and gold. Or just cash. Gonna take some people a long time to get back to where they were a few months ago.

Hope the umpa lumpa enjoyed his golf tournament.
 
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originalminority said:
Anyone trading today? Looking at topping up the portfolio, some big drops.
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I'm very much 'time in the market' (as opposed to 'timing the market') ..... but even I'm tempted!
Million dollar question though, how much further will markets fall?!

Heimdallr, stay strong :emoticon-0165-muscl. It will recover. Just got to ride it out. No big problem so long as you don't need to draw down significant sums from your pension / investment funds at the moment.

And, it's a nice reminder as to why we need to always keep a 'cash stash' alongside our investments.
 
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Gone For A Walk said:
I'm very much 'time in the market' (as opposed to 'timing the market') ..... but even I'm tempted!
Million dollar question though, how much further will markets fall?!

Heimdallr, stay strong :emoticon-0165-muscl. It will recover. Just got to ride it out. No big problem so long as you don't need to draw down significant sums from your pension / investment funds at the moment.

And, it's a nice reminder as to why we need to always keep a 'cash stash' alongside our investments.
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Raided the cash stash and topped up my Rio Tinto shares first thing, focusing on topping up my highest yields first and RIO consistantly pay over 7% divs, UK shares already off the bottom but the big question is where the American mkt opens thisafty.
If you don't manage your own portfolios than I'd increase payments into stock isas, bonds and trusts for the next couple of months within your limits, I see this drop more as an opportunity/temp correction than a recession.
No idea about tariff effect on crypto, just sticking to UK stocks?
 
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originalminority said:
Raided the cash stash and topped up my Rio Tinto shares first thing, focusing on topping up my highest yields first and RIO consistantly pay over 7% divs, UK shares already off the bottom but the big question is where the American mkt opens thisafty.
If you don't manage your own portfolios than I'd increase payments into stock isas, bonds and trusts for the next couple of months within your limits, I see this drop more as an opportunity/temp correction than a recession.
No idea about tariff effect on crypto, just sticking to UK stocks?
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If there is a recession, are the companies under any obligation to continue with dividends or can they cut them?
 
Heimdallr said:
No. Logged in and looked at my pension... Logged out quietly and went and looked at my reflection in the toilet mirror and wondered if working is worth it. Perhaps the drug addicts, layabouts and idle have the right idea.
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I made that mistake last night.....ouch
 
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Heimdallr said:
If there is a recession, are the companies under any obligation to continue with dividends or can they cut them?
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All down to the companies finances, Rolls Royce for example stopped dividend payments and have only recently resumed them so they can go up and down, the investors need to do that risk assessment.
 
originalminority said:
Raided the cash stash and topped up my Rio Tinto shares first thing, focusing on topping up my highest yields first and RIO consistantly pay over 7% divs, UK shares already off the bottom but the big question is where the American mkt opens thisafty.
If you don't manage your own portfolios than I'd increase payments into stock isas, bonds and trusts for the next couple of months within your limits, I see this drop more as an opportunity/temp correction than a recession.
No idea about tariff effect on crypto, just sticking to UK stocks?
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Although it goes a bit against the grain so to speak, that's pretty much how I'm seeing it too.
Perhaps the key words for anyone are, as you say, "within your limits" (meaning for example to leave enough 'cash stash' to help ride it out if it proves more than just temporary; things are so uncertain atm on several fronts!).
 
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Apparently this fake news post on twitter caused the sharp spike up in prices this afternoon.

Probably AI bots being unable to tell truth from bullshit.

Much of those gains have melted back away.
 
I've cash ready to go into crypto. I'll wait to the markets settle a little. But I'll probably buying by the end of the week.
 
90 day pause on tariffs - for some, not China.

And that ****ing lunatic has the nuke codes.
 
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