For crypto I’ve heard for a long time that XRP (Ripple) has the potential to explode or moon as the say. Up until recently I didn’t hear much about Link but it is climbing. I had a bunch of link a year or two ago and I think sold it. Back on it now.
I’ve been in NIO since 9.50. Sold today at 12.50 when it dropped 2.50, bought back at 13 when it found support. Already has a $15 B valuation though so I feel like it could go either way from here. I couldn’t help but add to Tesla again when it was down today.
I’m convinced that NIO will at least double by the end of the end of the year, I also have been accumulating tesla
My dad had a double knee replacement scheduled for March 23rd. Obviously didnt happen then. There will be a flood.
You’ll hear about a crisis due to the lack of staff that was laid off when there were no surgeries
That good, huh?
I was happy to buy more TSLA and SHOP on sale yesterday. I feel like if NIO was going to collapse, it would have yesterday. But it found support above 12. When it closed above 13 I was convinced the run has a lot more in it. With China’s commitment to EV, I feel good about this as a longterm hold.
Don’t good stocks typically double in a month though?
That’s what the newbies think!
So I have a trading buddy that I met on Twitter. We text throughout the day, sharing stocks to watch etc. Recently I told him my plan to shift most of my portfolio to MSFT, AMZN etc. His response was those companies are already over $1 trillion market cap and probably “only grow” 20-30% year over year at best, ha. He said he wants to be in stocks that grow 50% or greater every year. I tried to educate him that the gains we’ve had the past 4 months are NOT typical and to be very happy with 20% gains. These younger guys don’t remember 2001 or other massive corrections and could be in for a very rude awakening.
Tesla and Amazon are two of my biggest holdings so I’m perfectly fine with your list.
XRP, BTC, ETH, XMR, Link and BAT are really the only ones I have with XRP being the most held. I don’t see BTC being as dominate in the future as it is. I think it’ll break it’s all time high but it will come down hard. Company wise I only really have MGI, WU, and BAC that use the Ripple network. I know there are other big names that use Ripple.
I've been trading since around 2006/2008. I have some friends who just started - they are part of the covid/Robinhood wave of traders. They think they can average over 20% returns every month. They also have been buying and selling on a daily basis (although some of their positions are long), and tinkering with margin and options. I laughed in their face.
I look at options like playing the hard ones on a craps table, complete sucker bets for the average investor. I’d much rather own individual stocks that will rebound if they go down. My friend also gets into a lot of these leveraged ETFs which offset all his other gains when they go south.
I bought Gilead after hours months ago at 89 after the initial study results were announced. Sold it at a loss the next day after analysts said they didn’t expect to make much profit on the drug. Consensus is whoever develops the best drugs and vaccines will be pressured to sell just above cost as a good corporate citizen.
They have the only proven effective treatment, two drugs have FDA approval and it never moves. Meanwhile scam companies who are promising vaccines which won't pan out are like rocket ships.
Great news? They’ve been deservingly battered in the news in the past. They are the type who will never get a dollar from me.
americansfortaxfairness.org
