ThinkOrSwim
2022-05-23

As the saying goes, outperforming stockpickers usually goes against the herd. Contrarians usually outperform - just like how TSLA holders beat the naysayer shorts that got crushed in recent years. Keep a lookout for Coinbase and overal crypto markets - bottom is in on the short-term horizon. Key here is short-term, as hawkish fed-speak is still on the cards,but DXY is saying something else (overbought).

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Comments

  • ElvisMarner
    2022-05-24
    ElvisMarner
    I think cryptocurrencies are still very risky.
    • ThinkOrSwim
      Don’t bet the entire farm. My allocation? 10% of my nett portfolio.
  • BellaFaraday
    2022-05-24
    BellaFaraday
    Sounds like you have a lot of faith in Coinbase.
    • ThinkOrSwim
      I don’t deal with crypto proxies - eg. Coinbase or Riot Blockchain. But I do have allocations in crypto - which I think we are at a short-term bottom. Any rebounds here will lift crypto counters too.
  • MR_Wu
    2022-05-24
    MR_Wu
    Yes, they are near the bottom and keep us ready to buy.
  • DonnaMay
    2022-05-24
    DonnaMay
    Contrarian investing is really a good way to get returns.
  • Aloynty
    2022-05-24
    Aloynty
    Prep for more short term volatility
  • ZU888
    2022-05-23
    ZU888
    thanks for info
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