RBS: Sell everything

[by.Szun]

Buying "high quality" bonds is the worst advice ever. While I agree that stock markets could drop soon, because valuations are historically high and the economic situation is not really improving, investing the money into bonds is outright lunacy. Bonds are the biggest bubble of all, especially government bonds.

Western governments are more indebted than ever before. Yet their bonds pay no significant or even negative interest. One of the reason: Central banks are buying the debt with freshly printed money. Bonds may be rated "AAA", but in fact most of them are junk. No one in his right mind would invest in bonds - well... except bankers...

The most reasonable alternative to stocks are precious metals and Bitcoin.

ya.ya.yo!

You are correct. Debt to GDP ratios are skyrocketing and your "high quality" bonds are last ditch attempts to stabilize economies. The bond market is over-saturated and is propped up on extremely low-yield bonds that traders are now scrambling to sell. These low yields are the only way that the governments can maintain the illusion of a robust economy. Now is a massive crash coming? Most likely not. But a massive slowdown and global recession is almost guaranteed to occur this year. Look to China to trigger this downward spiral, followed by Japan.
Some good links:
http://davidstockmanscontracorner.com/another-step-off-the-deep-end-boj-to-offer-japanese-banks-negative-interest-rates-to-fund-commercial-loans/
http://davidstockmanscontracorner.com/here-it-comes-ugly-end-game-for-japan-on-debt-spiral/
http://davidstockmanscontracorner.com/good-job-kuroda-san-japanese-government-bond-market-is-dying/
http://davidstockmanscontracorner.com/the-1-trillion-bubble-at-the-bottom-of-the-bond-market/

Disclaimer: i have no affiliation with Stockman, or his website. I just think that he collects news very well and injects his own opinions/research/analysis very well.

[newcoins1978]

I would only sell everything when I am going to stop with Bitcoin because to sell everything at this moment it would not be the best option. This is because the price can always change so if you sell everything you can miss the opportunity to make more money.

[torrentheaven]

I would only sell everything when I am going to stop with Bitcoin because to sell everything at this moment it would not be the best option. This is because the price can always change so if you sell everything you can miss the opportunity to make more money.

Selling everything is never recommended, if you see price higher you should sell some part of  it and hold rest for the future as you can earn more profits in future if price goes higher.

[RobinHoodster]

It is not the best thing that you can do now at the moment because it will be also much better if you are waiting for a higher value so you have more money later and that is nice.
But the hard thing is that you have to choose the right moment to sell it and that is important.

[Kakmakr]

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.

I doubt that they will run to Bitcoin as a safe heaven? Bitcoin has been too volatile in the past and the complexity of the technology and it's bad reputation will turn people to old commodities like gold and silver. I agree, if some of them turn to Bitcoin, then we will be looking at a much stronger price.

People are getting used to warnings and they seldom react to it, which makes the impact so much more intense when it happens.   

[terman45x]

It is not the best thing that you can do now at the moment because it will be also much better if you are waiting for a higher value so you have more money later and that is nice.
But the hard thing is that you have to choose the right moment to sell it and that is important.

Exactly you should know when is the right time to sell, generally its not possible to judge the perfect time to sell, but if you are able to make some good profits then you should sell it.

[upsidedown75]

It is not the best thing that you can do now at the moment because it will be also much better if you are waiting for a higher value so you have more money later and that is nice.
But the hard thing is that you have to choose the right moment to sell it and that is important.

Exactly you should know when is the right time to sell, generally its not possible to judge the perfect time to sell, but if you are able to make some good profits then you should sell it.

Well, if one is given with the right information and the proper amount of information, he could predict with such accuracy when the value will generally be high and when it will be low. Unfortunately, that is nearly, but not truly impossible because the 'proper amount of information' required would be dramatically high to get such accurate prediction.

[katrimans]

It is not the best thing that you can do now at the moment because it will be also much better if you are waiting for a higher value so you have more money later and that is nice.
But the hard thing is that you have to choose the right moment to sell it and that is important.

Exactly you should know when is the right time to sell, generally its not possible to judge the perfect time to sell, but if you are able to make some good profits then you should sell it.

Maybe this is the right for moment him, we have different views when is the right time, moment, etc. It is nice if you justify when and why it is the right moment to sell?

[tampazeus]

It is not the best thing that you can do now at the moment because it will be also much better if you are waiting for a higher value so you have more money later and that is nice.
But the hard thing is that you have to choose the right moment to sell it and that is important.

Exactly you should know when is the right time to sell, generally its not possible to judge the perfect time to sell, but if you are able to make some good profits then you should sell it.

Maybe this is the right for moment him, we have different views when is the right time, moment, etc. It is nice if you justify when and why it is the right moment to sell?

Different people have different expectations from bitcoin, someone feels this is not the right time to sell and on other hand some are highly satisfied with current price who bought at lower price.

[Yakamoto]

It is not the best thing that you can do now at the moment because it will be also much better if you are waiting for a higher value so you have more money later and that is nice.
But the hard thing is that you have to choose the right moment to sell it and that is important.

Exactly you should know when is the right time to sell, generally its not possible to judge the perfect time to sell, but if you are able to make some good profits then you should sell it.

Maybe this is the right for moment him, we have different views when is the right time, moment, etc. It is nice if you justify when and why it is the right moment to sell?

Different people have different expectations from bitcoin, someone feels this is not the right time to sell and on other hand some are highly satisfied with current price who bought at lower price.

It's just like the stock market, everyone has their price, and everyone knows what they're looking for. We won't know what everyone is looking for, and if they're in it for the quick and easy profits or if they're in it for a longer plan.

People from Mt. Gox, if they haven't sold soon after the crash in 2014/2015, are probably still holding their Bitcoin and waiting for the value of it to go up. I wouldn't sell at a loss like this, so I think is not outside of the realm of possibility.

[MaritiJames3]

Selling everything is never the best thing to do unless you want to stop with Bitcoin forever then I understand that you want to sell everything to cash in your last coins. When you decide to still continue with Bitcoin but you want to make money just sell some coins not all.

[Sandroxa]

Selling everything will be not the best thing that you can do and that is because the value of the Bitcoin is not even that high so that have to change soon and the price have to rise.
But some people think also that the value will takes a long time until the value will be high so you need the patience for it.

[newcoins1978]

I would only sell everything if I was going to stop with Bitcoin because the value of the Bitcoin can always go up again. So if you sell to early then you might miss the chance to make more money so do not be greedy but patient.

[sishendaoye]

I would sell everything if the price was right, that was what I used to think but I know now that when you sell there is a change that the price after that will rise.
Then yo have missed out the chance to make even more money which is a wait.

[Barnabe]

Well these bankers also have an interest when financial markets crash. Volatility is good for them since it creates more occasions to win money.
Anyway, I don't believe these kind of "news".
Every day a famous guy is screaming that apocalypse is close and of couse when it happens someone predicted it.

[outatime1]

I don't think we need to panic yet, but we are overdue for a recession in America. But I wonder if bitcoin would be negatively affected. People could shift from stocks to gold and bitcoin, but you never know.

[funbarrel]

I don't think we need to panic yet, but we are overdue for a recession in America. But I wonder if bitcoin would be negatively affected. People could shift from stocks to gold and bitcoin, but you never know.

yeah, it is better not to be panicing right now because the price is going to grow a lot in the future

[Barnabe]

I don't think we need to panic yet, but we are overdue for a recession in America. But I wonder if bitcoin would be negatively affected. People could shift from stocks to gold and bitcoin, but you never know.

yeah, it is better not to be panicing right now because the price is going to grow a lot in the future

It might also lower a lot because people will sell bitcoins (at the moment a luxury good) to buy necessity goods (food, cloths) because of their lack of money.

Speculation is easy and there are plenty of reasons to justify each logic

[European Central Bank]

i'll believe when i see it and buy more. i was gonna sell some shares at the start of the year just in case then forgot about it. good job i did as they're about 10% up since then. i don't think they're gonna stop helicoptering money in any time soon. we're entering uncharted territory. all sorts of weird stuff could happen.

[The Sceptical Chymist]

Ah yes, I remember this thread!

It's nice someone necrobumped it, because the stock market is doing just fine thus far.  But we've still got a few more months left.  I like when such predictions are wrong.