With SEC approval of trading of Bitcoin ETF, The floodgates would be open and large buying volumes would start. The fund managers have already started acculumating. The current price is just the start and the bull run just started. I believe that cryptocurrency has a place in the future. I am a long term investor so I HODL. Are you also a believer in crypto?
My best performing stock would be $Microsoft(MSFT)$. It has been performing below its intrinsic value. I continued to hold as I believe it has yet to realise its fullest potential. It has proven that the wait is worth. I am finally reaping its rewards.
As I am still learning, let me share my humble winning strategies: 1. Look for undervalued companies and invest in them. Do not blindly follow and invest in stocks that you are not familiar with. Take your investment as you are buying into a company. 2. No FOMO. Do not invest when you see the stock market going up. You could be in for a rough ride. 3. Go long term in your investment and let compounding works. That was how Warren Buffet makes his millions and become a billionaire. Have fun in your investment journey! @koolgal @Chris23 @Jo Tan
$NVIDIA Corp(NVDA)$ i believe the stock price will be bearish as the macro-outlook may not look good such as high interest rates and demand for electronics. Fundamentally, the company is strong and will do well in the long term. It is just that it will not do well in the short term.
Well said! It is important to stay invested as inflatiron is real and our money is going to get'smaller'. Invest in strong companies and enjoy the ride!
2023 U.S. Stock Market Predictions: What Will Happen?
There is Black Friday sale everywhere but we cannot buy everything. It is important for us to buy quality products at a discount. The same applies for stocks. Currently, $NVIDIA Corp(NVDA)$ and $Adobe(ADBE)$ are companies that are at great discount. They have strong fundamentals with a wide moat. Nvidia is a leading producer of graphics chips and it is becoming a leader in autonomous self-driving vehicle. Adobe monopolised the software market and all designers use the adobe software. But these companies are sold down due to fear by investors. It is time for us to be courageous and buy such great deals. Are you ready for the Black Friday Sal
The US market has been sold down heavily. With FED showing signs that it will increase interest rate at a slower rate, it is time to add stocks into our portfolio such as $Microsoft(MSFT)$ , $Amazon.com(AMZN)$ , $NVIDIA Corp(NVDA)$ . These companies are strong in fundamentals and have diversified their businesses but their stock prices are currently undervalued. It is Black Friday sale and timeto scoop up these stocks.
@Daily_Discussion:🔥【24 Nov】What are other Tigers' trades today?
I knew about Tiger through an investing website when the author compared the various online trading platforms. Through Tiger, I was able to invest in US market at the touch of my screen. The first stock I bought was Amazon and I earned a couple of hundred dollars. Even though it was a small amount, I gained confidence to invest in more quality and strong US companies. Thank you Tigerfor making the platform user friendly and creating a community of investors to share their ideas. Wishing you a prosperous and blessed birthday 🎉 🐯