OT: Stock trading | Page 198 | The Boneyard

OT: Stock trading

In this house of cards I've got 4 aces in the hole. Physical gold, silver, short term treasuries and cash. Comfy and waiting for blood in the streets.
 
Chainlink Launches Cross-Chain Protocol to Bridge Blockchains With Traditional Capital Markets - Decrypt

Chainlink is now connecting transactions from one blockchain to another blockchain that were previously unable to communicate—-think back in the day if you had Gmail, you werent able to send an email to someone who had a Yahoo email. Chainlink is the backend system connecting traditional markets onto the blockchain seamlessly.

Chainlink is also working with various banks with this Cross Chain Interoperability Protocol. Just google Swift x Chainlink.

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Crypto is set to take off in the next year. Ripple lawsuit is over, hopeful Bitcoin/crypto ETF getting approved, increasing mass adoption worldwide. Continuing to buy while it’s still early!
 
Thoughts on NVIDIA? Overvalued, right-sized or positioned for continued growth?
 
HuskyCLT said:
Crypto is set to take off in the next year. Ripple lawsuit is over, hopeful Bitcoin/crypto ETF getting approved, increasing mass adoption worldwide. Continuing to buy while it’s still early!
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That all depends on how quickly the Fed moves forward with CBDC's and their Fednow service.

Fednow can potentially replace the need for XRP's cross border payment transactions.

If I were to be investing in crypto it would be in Bitcoin or Ethereum. Ethereum's level two solutions reduce the need for so many other chains out there. That's just my two cents.
 
huskypantz said:
Thoughts on NVIDIA? Overvalued, right-sized or positioned for continued growth?
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At the premium that NVIDIA is selling at,, I'm not sure how much more growth is in that stock. I think there are better plays than NVIDIA that have more growth potential, but that's just me. It's a solid company non the less.
 
huskypantz said:
Thoughts on NVIDIA? Overvalued, right-sized or positioned for continued growth?
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Long Haul all the way. Tech has a long future despite this tiny blip of the past two years. NVDA might be the best positioned of anyone, including apple. The rich will get richer. Dont see any new young players making a play for a while.
 
B1GEast said:
At the premium that NVIDIA is selling at,, I'm not sure how much more growth is in that stock. I think there are better plays than NVIDIA that have more growth potential, but that's just me. It's a solid company non the less.
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The next 3 waves of economic growth will come from AI (NVDA and others), Quantum computing (current tech giants) anf Fusion energy (?). Each one of these equals about the internet' growth worth of growth.
 
Drame said:
The next 3 waves of economic growth will come from AI (NVDA and others), Quantum computing (current tech giants) anf Fusion energy (?). Each one of these equals about the internet' growth worth of growth.
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That may be so, but are you certain that NVIDIA is the right play?

There are many new companies creating photonic chips for quantum computing and if the open source
RISC V architecture ends up winning the battle over ARM, what happens to NVIDIA then.

Don't get me wrong, NVIDIA is a solid company to own, but again at that premium, in my opinion you can find better growth opportunities if that's your investment strategy.
 
NVDA has such an advantage right now. They will be in QC as well. It comes down to which companies are the smartest and who do you trust. NVDA and Apple are still that. I see 5X and 10X multiples for them in the next 10 years easy. It may not be 100X of some small company but predicting that small company would be a guess.
 
Drame said:
NVDA has such an advantage right now. They will be in QC as well. It comes down to which companies are the smartest and who do you trust. NVDA and Apple are still that. I see 5X and 10X multiples for them in the next 10 years easy. It may not be 100X of some small company but predicting that small company would be a guess.
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They do have a nice edge right now. Glad I bought it when Nancy did. But I'm dumping it in August when I hit long term (MA has 12% tax on ST gains). The multiple is just silly. It reminds me of AOL in the late 90s. I crunched some math then, and for AOL to ever have the revenue Ford had it needed to grow at 20% a year for like 30 years. Yet the stock was worth far more that Ford.

NVDIA is also huge in gaming and gaming is huge. But I'll take my chips and leave the table.
 
I just bought AMD a couple of weeks ago because they are (in my opinion) going to get a bunch of the scraps with these AI chips as demand is through the roof and NVDA can't supply them all. If you look at what they did to Intel in the PC chips market 10 years ago, I expect them to do something similar here. They may look like a distant #2 right now, but I don't expect them to be for long.
 
I bought some Li-Cycle. Somebody's going to win the EV battery recycling game and they seem well-positioned. Just gonna check back in on this one in like 2030.
 
husky429 said:
IMO if you're watching or listening to anyone, you're either too late or they're just dead wrong.
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everyone isnt a pro... someone had to teach you or you followed their guidance until you became a master of the craft. You do options as well?
 
DaddyChoc said:
everyone isnt a pro... someone had to teach you or you followed their guidance until you became a master of the craft. You do options as well?
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There are about 1000 places you can get information on trading stocks. Go buy a finance textbook. If you're watching or listening to someone (anyone) for individual "stock information," you're doing it wrong. That includes the recommendations on the yard.

No one is a master of trading stocks and if they claim to be, they're lying.

Frankly, for 99% of people going full Boglehead and saving your time is the best option.
 
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