Well, sold too early ... the fact that China had to change its monetary policy had been clear for a long time, it was only a question of when ... I would assume that Baba will now pick up strongly - today's 5% is already a start
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22
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1Mes
@SuperMarioEmpire that's probably a bit of bad luck that one week after I sold my Chinese individual stocks, the government stimulates the economy to reach its 5% target.
Also a reason why I am now distancing myself from it, as the government controls and regulates the entire market... regardless of this event, some things have happened there in the last 4 years - shit happens 🤷♂️
Also a reason why I am now distancing myself from it, as the government controls and regulates the entire market... regardless of this event, some things have happened there in the last 4 years - shit happens 🤷♂️
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@SuperMarioEmpire
Nevertheless, the China risk remains.
Just remember how long the founder of Alibaba suddenly disappeared from the scene.
China remains an autocracy.
Nevertheless, the China risk remains.
Just remember how long the founder of Alibaba suddenly disappeared from the scene.
China remains an autocracy.
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•@GGHyperX where is that different ? All markets work similarly ... if the FED lowers interest rates it is no different ...
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@Tenbagger2024 No profit without risk
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1Mes
@SuperMarioEmpire That's clear, but it doesn't mean that you should keep your entire portfolio risky.
China individual stocks were at 15% of the portfolio and still 25% crypto which is just too volatile
China individual stocks were at 15% of the portfolio and still 25% crypto which is just too volatile
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