When TSHTF, Where Do You Want To Have Your Money?

Discussion in 'Trading' started by Scataphagos, Aug 19, 2021.

  1. 1. Cash
    2. Long $USD
    3. Short stocks or long inverse ETFs
    4. Short-term government bills/bonds

    If you're not already tuned-in to this, perhaps it's worth a sticky on your computer monitor.

    FWIW...

    KISS, baby.
     
  2. Baron

    Baron Administrator

    5. Bitcoin
     
    zghorner, Pricechange and johnarb like this.
  3. Yes, maybe that too. We'll see.
     
  4. zghorner

    zghorner

    UVXY calls.
     
    KCalhoun likes this.
  5. KCalhoun

    KCalhoun

    I'd bet UVXY doubles before bc
     
    zghorner likes this.
  6. johnarb

    johnarb

    https://www.cnbc.com/2021/08/19/cnb...e-wood-speaks-with-cnbcs-techcheck-today.html

    "capital reallocation away from China to you might say the dollar’s a flight to safety currency, you might say Bitcoin is a flight to safety currency as well. Both have done well recently and I would link that to China in some measure. In fact, you know, there’s an article today on, on Bloomberg about the inability of the Chinese population to get as they are leaving the country to get their retirement funds out,"


    https://www.cryptopolitan.com/bitcoin-searches-hit-ath-in-lebanon/


    https://www.reuters.com/technology/venezuelas-economy-regresses-crypto-fills-gaps-2021-06-22/


    https://www.vice.com/en/article/v7e...ghanistan-couldve-been-prevented-with-bitcoin


    https://www.theguardian.com/technol...hy-bitcoin-has-nigerias-government-in-a-panic



    #bitcoin[​IMG]



    SHTF

    China
    Lebanon
    Venezuela
    Afghanistan
    Nigeria
     
    yc47ib likes this.
  7. johnarb

    johnarb

    Call options when SHTF? I probably have a different view of SHTF than others
     
    Baron likes this.
  8. short term trader shorts have been getting crowded this week. Just saying...
     
  9. zghorner

    zghorner

    all day my man.

    now depending on what level of SHTF @Scataphagos is talking about...it might be a good idea to cash out the initial UVXY position (or at least some of it) and place into various crypto coins. BTC, ETH, ADA, etc...

    I know you're not a crypto guy but I think it is here to stay.
     
    johnarb and KCalhoun like this.
  10. I'd welcome the higher volatility. Most of my algos would more aggressively buy the dip.
     
    Last edited: Aug 20, 2021
    #10     Aug 20, 2021