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Topic	I have 10k in emergency funds shoukd i invest it or leave it?
Sad_Face 03/11/20 5:54:57 PM #8:	How much of your emergency funds do you have physically? I'd have a portion of it on hand. I was listening to a podcast earlier yesterday and the podcaster (a former hedgefund trader) said that had the stock market dropped too far down, the banks would no longer have any money to fund people's accounts. I assume this is because they're busy betting on stocks, longing (betting the price will go up) with high margins (high risk high returns by multiplying the amount by some multiple. If you're doing x5, you get 5x the gains but get liquidated if the stock goes down by the percentage of 1/5 or 20%. There x700 options available in certain outlets, at least in crypto ). Essentially, they could have gotten liquidated. Do note that the market has been highly vulnerable for sometime, the federal reserve has been injecting over a trillion dollars since September via Repo operations. The coronavirus is just accelerating the inevitable. dj1200 posted... buy bitcoin The bitcoin was designed SPECIFICALLY to prevent these kinds of crises. What's troublesome is that the price is going down with the stock market and the pulling the rest of crypto down with it. Personally I don't own bitcoin and REFUSE to get shaken out of my chainlink stack. I don't care what happens. Not. **ing. Selling. --- imgtc.com/i/4HgTl0ebzq.jpg imgtc.com/i/60CWP2Gtlg.gif <cite>Sad_Face posted [p:935544386] in I have 10k... [t:78465971]...</cite> <quote>How much of your emergency funds do you have physically? I'd have a portion of it on hand. I was listening to a podcast earlier yesterday and the podcaster (a former hedgefund trader) said that had the stock market dropped too far down, the banks would no longer have any money to fund people's accounts. I assume this is because they're busy betting on stocks, longing (betting the price will go up) with high margins (high risk high returns by multiplying the amount by some multiple. If you're doing x5, you get 5x the gains but get liquidated if the stock goes down by the percentage of 1/5 or 20%. There x700 options available in certain outlets, at least in crypto ). Essentially, they could have gotten liquidated. Do note that the market has been highly vulnerable for sometime, the federal reserve has been injecting over a trillion dollars since September via Repo operations. The coronavirus is just accelerating the inevitable. dj1200 posted... </cite> <quote>buy bitcoin</quote>The bitcoin was designed SPECIFICALLY to prevent these kinds of crises. What's troublesome is that the price is going down with the stock market and the pulling the rest of crypto down with it. Personally I don't own bitcoin and REFUSE to get shaken out of my chainlink stack. I don't care what happens. Not. **ing. Selling. --- imgtc.com/i/4HgTl0ebzq.jpg imgtc.com/i/60CWP2Gtlg.gif</quote> ... Copied to Clipboard!
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