Where the cash holder might like to spread their risk is by holding a series of different currencies, including the oldest of all, gold and silver. It’s a specialist game and even those players can lose their shirts on their shorts.
Shorts can take all your money and cannot deliver more than a 100 per cent gain unless geared up with options. Well, first don’t try to be too clever and go short, particularly by buying those nasty Exchange Traded Funds that claim to do it for you but in practice take your money away unless you have pinpoint timing or a lucky dice. So what should you do if you have just taken advantage of the high financial markets and cashed out? Well these are difficult days for investment advisers with such desert mirages to deal with and not a lot to offer as an alternative, except to remind individuals that they do have the chance to cash out now rather than sit and wait for a large black hole to appear in their portfolios. The more down-to-earth investor might ask, just where are you going to find enough buyers to push the price up in a vertical line again after so many have just lost huge amounts of money? Actually I would have thought the crash in Bitcoin from $19,000 late last December to $6,000 might have taught people a lesson.īut hope springs eternal. That’s why the world’s greatest ever investor calls it ‘rat poison’. How many more bubbles can these conmen and women blow up before it all comes crashing down?
Show me the viable blockchain application that is not another cryptocurrency, of which there are now more than 1,600. It is not a revolution like the internet.
#How to exit eternal poison game software
The IT sector is still alive and kicking and turning out software and necessary updates by the bucketload.