 |
| |||
Dear ck.kislay,
You are subscribed to the thread "Indian Stock Advice Trading Strategies Trends Market Predictions & Regulations" by pcpune, there have been 5 post(s) to this thread, the last poster was ashish18.
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
These following posts were made to the thread:
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: humblefool
On: November 17 2017 10:16 AM
[QUOTE=ukdoctor;n2566007][QUOTE=humblefool;n2565908]https://www.timeslive.co.za/sunday-times/business/2017-11-15-bitcoin-surges-in-zimbabwe-after-military-seize-power/ Bitcoin shows its utility in the place where it matters. Countries with rogue governments. [/QUOTE]IMHO one should keep a few % of their net worth in bitcoin. It is still very resilient to the forks that have have happened. My current holding is approx 7.5% of my net worth on bitcoin. I bought some more at the recent fall as part of my monthly allocation . PS: I did ask my friend about his price forecasts (I think he is extremely optimistic as he is all in) and as per him $10000 per bitcoin is just around the corner possibly even in a few weeks. [/QUOTE]See, this whole African and South American nation fiasco, is why might need some kind of non-fiat crypto curency eventually. But I'm not sure if Bitcoin can be one of them. Bitcoin unfortunately got off to a bad start. My guess is a non-deflationary currency, which doesn't have a get rich quick scheme like mining will eventually work for most of the world.
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: Manoj2012
On: November 17 2017 11:25 AM
Moody's backs Modi, upgrades India's sovereign rating for first time in 14 years
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: ukdoctor
On: November 17 2017 01:13 PM
[QUOTE=humblefool;n2566158][QUOTE=ukdoctor;n2566007][QUOTE=humblefool;n2565908]https://www.timeslive.co.za/sunday-times/business/2017-11-15-bitcoin-surges-in-zimbabwe-after-military-seize-power/ Bitcoin shows its utility in the place where it matters. Countries with rogue governments. [/QUOTE]IMHO one should keep a few % of their net worth in bitcoin. It is still very resilient to the forks that have have happened. My current holding is approx 7.5% of my net worth on bitcoin. I bought some more at the recent fall as part of my monthly allocation . PS: I did ask my friend about his price forecasts (I think he is extremely optimistic as he is all in) and as per him $10000 per bitcoin is just around the corner possibly even in a few weeks. [/QUOTE]See, this whole African and South American nation fiasco, is why might need some kind of non-fiat crypto curency eventually. But I'm not sure if Bitcoin can be one of them. Bitcoin unfortunately got off to a bad start. My guess is a non-deflationary currency, which doesn't have a get rich quick scheme like mining will eventually work for most of the world. [/QUOTE]Bitcoin fits this perfectly . Portable unlike gold which can be confiscated and cannot be frozen like a bank account ( see what happened to the Saudi milionaires who are desperately liquidating assets to get cash out of the country ) Even if countries ban it it will still be traded underground.Easy way of getting cash out of India (if you trust bitcoin that is). I buy using my NRO account and the bitcoin I buy can be liquidated in the UK. Though bitcoin prices in India are usually at a premium to UK , it can be lower sometimes which provide an excellent arbitrage opportunity. Forget about bitcoin gold /bitcoin cash etc. They are Altcoins which are just a way for the developers to get rich..Those in the game know that and so do the current prices.
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: neokewl
On: November 17 2017 09:20 PM
[QUOTE=Manoj2012;n2566187]Moody's backs Modi, upgrades India's sovereign rating for first time in 14 years [/QUOTE]I think the bear market has started ..Get ready folks :)
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: ashish18
On: November 18 2017 04:58 AM
[QUOTE=neokewl;n2566321][QUOTE=Manoj2012;n2566187]Moody's backs Modi, upgrades India's sovereign rating for first time in 14 years [/QUOTE]I think the bear market has started ..Get ready folks :) [/QUOTE]Precdence wise not, i think. Last time when Moody's upgrade happened, Indian markets started a huge rally, probably indices making rally of 3x.
With warm regards,
Team IREF
With warm regards,
Team IREF
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Unsubscription information:
To unsubscribe from this thread, please visit this page:
https://www.indianrealestateforum.com/member/77913-ck-kislay/subscriptions
0 comments:
Post a Comment