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Topic: RBS: Sell everything - page 4. (Read 3203 times)

sr. member
Activity: 364
Merit: 250
May 11, 2016, 09:49:39 AM
#15
You need to hold on to your Bitcoins for a bit longer and when the time is right then you need to sell. It all depends on for what price you like to sell them and what makes you happy.
I you do not like the price then you just have to wait longer and longer.
legendary
Activity: 1582
Merit: 1268
January 12, 2016, 03:18:41 PM
#14
it's weird that such a large bank advices people to sell everything. i don't mind it because people will look for different things to invest in. bitcoin is the perfect option. if these investors do invest their money into bitcoin, then prepare for a new ath.

It`s really weird, like a suicide attempt by the bank.  Huh
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
January 12, 2016, 02:25:02 PM
#13
What is the connection between other stock and bitcoin ? I don't think much of the stock traders are in bitcoin trading till now.
There is no direct relation in a way that bitcoin's price is dependent on price of stocks or stock markets. It is more like both bitcoin and stock function on the same level.
Bitcoin and stock are still treated as speculative tool and investment method by people.
legendary
Activity: 994
Merit: 1000
January 12, 2016, 11:05:22 AM
#12
What is the connection between other stock and bitcoin ? I don't think much of the stock traders are in bitcoin trading till now.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
January 12, 2016, 10:51:26 AM
#11
You heard the news. Time to act, if you have large amount of money stored in stocks or FIAT piled under the bed now it is good time to convert it all into bitcoin.
If crisis hit us, bitcoin price will initially go down a little, but in the long run will be probably one asset unscathed after the crisis.
sr. member
Activity: 420
Merit: 250
January 12, 2016, 10:42:05 AM
#10
This is why I'm not holding too much in any bank at all
I find it hard to trust any of them.

to me this sound more like sell everything and jump in bitcoin, they are destroying themselves basically

money will not vanish, be prepared will simply move, to the best thing out there, guess what will be for some investors

This too ^
Money won't just vanish over night.
legendary
Activity: 3248
Merit: 1070
January 12, 2016, 10:12:41 AM
#9
to me this sound more like sell everything and jump in bitcoin, they are destroying themselves basically

money will not vanish, be prepared...because money will simply move, to the best thing out there, guess what will be for some investors
legendary
Activity: 1134
Merit: 1000
January 12, 2016, 10:10:44 AM
#8
Here we go  Smiley

http://www.theguardian.com/business/2016/jan/12/sell-everything-ahead-of-stock-market-crash-say-rbs-economists

Investors face a “cataclysmic year” where stock markets could fall by up to 20% and oil could slump to $16 (£11) a barrel, economists at the Royal Bank of Scotland have warned.

In a note to its clients the bank said: “Sell everything except high quality bonds. This is about return of capital, not return on capital. In a crowded hall, exit doors are small.” It said the current situation was reminiscent of 2008, when the collapse of the Lehman Brothers investment bank led to the global financial crisis. This time China could be the crisis point.


I don't believe this. If will happen something normally can be a controlled one. If it will be not under control will be put in control. It is at all problem this in a centralized country like China. So whatever be the situation cannot be out of control of the Chinese Authorities. Can be out of control only if this will be wanted by the Chinese Authorities and for sure cannot cause damages or only controlled damages to them. To many times are foreseen problems (little, big or even huge) for China but the results are that today China make "fear" to USA. And in 30 years was increased from a very poor country in the second power of the world. Who foreseen about China must think twice before make public that which want to tell about it.
sr. member
Activity: 280
Merit: 250
January 12, 2016, 09:11:16 AM
#7
What they don't say is "Don't leave your money in the bank". Now that bail-ins have been made legal, banks are going to be taking depositors funds to cover their reckless lending. The government is no longer prepared to bail them out.

This has been happening for years and years.
That's why these debts keeps on getting higher and higher.
Instead of paying off what they own, they just keep increasing that debt
legendary
Activity: 896
Merit: 1000
January 12, 2016, 08:58:14 AM
#6
it's weird that such a large bank advices people to sell everything. i don't mind it because people will look for different things to invest in. bitcoin is the perfect option. if these investors do invest their money into bitcoin, then prepare for a new ath.

This time around the spike should be in the $2000+ region right? If a lot of scared people invest in bitcoins if there is really a big stocks crash it should reach these prices without breaking a sweat.

i don't know how high the new ath will be, but imagine what a few extra billions of fiat comming into bitcoin can do with the price.
sr. member
Activity: 350
Merit: 251
Shit, did I leave the stove on?
January 12, 2016, 08:50:29 AM
#5
it's weird that such a large bank advices people to sell everything. i don't mind it because people will look for different things to invest in. bitcoin is the perfect option. if these investors do invest their money into bitcoin, then prepare for a new ath.

This time around the spike should be in the $2000+ region right? If a lot of scared people invest in bitcoins if there is really a big stocks crash it should reach these prices without breaking a sweat.
legendary
Activity: 896
Merit: 1000
January 12, 2016, 08:36:18 AM
#4
it's weird that such a large bank advices people to sell everything. i don't mind it because people will look for different things to invest in. bitcoin is the perfect option. if these investors do invest their money into bitcoin, then prepare for a new ath.
legendary
Activity: 2814
Merit: 2472
https://JetCash.com
January 12, 2016, 08:30:55 AM
#3
What they don't say is "Don't leave your money in the bank". Now that bail-ins have been made legal, banks are going to be taking depositors funds to cover their reckless lending. The government is no longer prepared to bail them out.
legendary
Activity: 3512
Merit: 4557
January 12, 2016, 08:19:37 AM
#2
I'm reading this in Dutch papers too.

Bankers predicting economic doom porn .....

hero member
Activity: 616
Merit: 500
January 12, 2016, 06:51:50 AM
#1
Here we go  Smiley

http://www.theguardian.com/business/2016/jan/12/sell-everything-ahead-of-stock-market-crash-say-rbs-economists

Investors face a “cataclysmic year” where stock markets could fall by up to 20% and oil could slump to $16 (£11) a barrel, economists at the Royal Bank of Scotland have warned.

In a note to its clients the bank said: “Sell everything except high quality bonds. This is about return of capital, not return on capital. In a crowded hall, exit doors are small.” It said the current situation was reminiscent of 2008, when the collapse of the Lehman Brothers investment bank led to the global financial crisis. This time China could be the crisis point.
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