I would use COIN's recent outages as an opportunity to load up on $Coinbase Global, Inc.(COIN)$ $GraniteShares 2x Long COIN Daily ETF(CONL)$ . Right now, the price of COIN is looking pretty attractive and the outages may not be a bad thing afterall. Why must people be so negative about everything and being overly-reactive by over-selling? The outages are a huge testament to how crypto investors out there have a preferential liking for Coinbase platform vs other shaddier platforms. The outages also challenges COIN by pushing COIN to their limits to allow them to work on managing larger and larger trading volumes with time as more consumers warm up and accept Cryp
$CleanSpark, Inc.(CLSK)$ $Marathon Digital Holdings Inc(MARA)$ $Coinbase Global, Inc.(COIN)$ $GraniteShares 2x Long COIN Daily ETF(CONL)$ Sharing my little wins in the tagged stocks above, where majority of my trades are options related. Sending cheers, positive vibes and good luck to everyone! ๐๐ May the tides and tables be forever in our favour! ๐ซถ๐๐๐ซถ๐๐ฅฐ๐๐ฅฐ #Crypto is more resilient than many think #Bitcoin FTW #HODL โค๏ธ๐งก๐๐๐๐ฉต๐๐ฉท Do not be wavered by headwinds and negativity from people overselling. If you see Crypto related stocks skyrocketing in futur
In my opinion, stocks to watch today are the crypto centric stocks like $Coinbase Global, Inc.(COIN)$ $Marathon Digital Holdings Inc(MARA)$ $CleanSpark, Inc.(CLSK)$ $Riot Blockchain, Inc.(RIOT)$ CLSK and MARA are scheduled to post financial results after the bell ๐ closes on Thursday 9/5/2024. This Thursday is crucial because it will be the first time (since the Bitcoin network's fourth halving event last month) that Bitcoin miners publish their performance / profitability figures. How do you think these 2 leading miner stocks will fare? Should you start accum
Hmm. Investors are really weird. Why would MARA skyrocket on its move from a mid-cap stock to a small-cap stock? Small-cap stocks are the most volatile and riskiest of the 3 different caps (Large / Mid / Small) eh. Yes, the potential for growth MAY be higher in small-caps but that also means it can go south very fast eh. I'd prefer for MARA to be mid-cap for a balance of stability and opportunity. ๐ค๐๐ฌ Not like Bitcoin's price is skyrocketing anytime soon. Bitcoin's current price is in the reds, at USD $63,332. Weird. ๐
A week back, I wrote the following and some were skeptical on my bearish call: "An impending correction is coming for Bitcoin, potentially allowing it to trace back down to USD $56,000." ๐คฏ๐คฏ๐คฏ๐คฏ๐คฏ๐คฏ๐คฏ๐คฏ๐คฏ๐คฏ๐คฏ๐คฏ๐คฏ๐คฏ๐คฏ๐คฏ๐คฏ๐คฏ ๐๐๐๐๐ Turns out I'm right ๐๐๐๐๐ Bitcoin now stands at USD $56, 757.56. So, where do we go from here? Will Bitcoin rebound stronger after hitting this support level? Well perhaps. Perhaps only after we get more clarity from FED. And perhaps if people stop over-reacting. Market tends to be irrational and overly-sensitive, over-selling when situations aren't that bad, and over-buying when situations are not backed by concrete data. Now that significant retracement has happened, do your due diligence for those keen on re-entry (recommend to do it in trenches and not g
Between $MicroStrategy(MSTR)$ and COIN, I'd pick COIN for the following reasons: ๐ MSTR is not good at its day job compared to peers in the industry, making huge losses. If price of Bitcoin hovers at current levels, MSTR's profitability will be heavily impacted. ๐ COIN on the other hand, has been PROFITABLE since 4 quarters ago and has been beating analyst's estimates for the most recent 4 quarters.๐๐๐ฅณ๐ฅณ It EARNS MONEY ๐ธ ๐ฐ ๐ค through TRADING FEES from both buy and sell transactions. ๐ Reported in Feb 2023 - the interest on reserves backing USDC are a MAJOR SOURCE OF REVENUE for Coinbase, which has been able to pocket higher income because of the Federal Reserve's higher interest rates. Overall, the company reported a profit of $273.4 million,
Thing is... Just like $Tesla Motors(TSLA)$ , such futuristic dream may just be a pipe dream / flash in the pan that may not manifest by year end. These miner companies always have such fanciful guidance but fail to meet them on time, most of the time. Sorry to be a wet blanket. ๐ค
@gogogoFor:$CleanSpark, Inc.(CLSK)$you shorted CLSK $17.50 to $15.50 and rode $15.50 back up to $17.50. Which way next? If I was you I'd let the price run up, overextend it, and sell when the earnings are good. Why, because only you get to make the real money. I am hiding in the shadows one step ahead, perhaps telling you this while I'm two steps ahead.
I bet uncle Buffet would be more discerning than to buy $Tesla Motors(TSLA)$ Uncle Buffet should just look away. There is a buffet of stocks worth looking at compared to Tesla. Unfortunate to say, Tesla's glory days are over. It's ruler loves talking nuts and building castles in the air, having pipe dreams that gets shelved before they fully manifest, picking fights with others in the digital space like a spoilt brat, expanding factories without thorough thought then go on a sacking spree and the list goes on. Musk is only great at masking his billions of losses and swaying his entourage of less discerning fans begging to get their fingers burnt.๐งจ๐งจ๐งจ๐งจ I bet Uncle Buffet is more discern
@Samlunch:This week is going to be absolutely wild: The Fed will react for the FIRST time to rising PCE, PPI, and CPI inflation data. This includes Fed Chair Powellโs Q&A after the first 2 month increase in inflation since September 2023. Meanwhile, over 20% of the S&P 500 will be reporting earnings including Apple. All before we get the April jobs report on Friday and geopolitical tensions continue. Just about every major headwind is converging this week. What are your predictions? Buckle up.
@cctvmtv:$CleanSpark, Inc.(CLSK)$Donโt get yourself all worked up in a tizzy, Kevi. Let it down trend down for a week or so. Iโll give you the Buy signal.Nitey nite ๐ฅฑ๐ด๐คThey donโt just drop it one day, Kevy. Those who bought at $21 yesterday are todayโs margin calls. Those who bought at 19 today will be tomorrow mornings margin calls. And so forth and so on until we hit the magic number.๐ฉฐStock Market Nft GIF by BoDoggos
$Sea Ltd(SE)$ Believe it or not, SEA will never return to its former glory. Not any time soon, at the very least. Poor investment returns if you ask me. And that money could be channeled into other stocks with much higher returns. For those who bought into SEA at Nov '2021 highs of $360+, do you think SEA will return to such level once more? For those still holding on from its peak, have you been so lost in the deep SEA of reds that it erodes your decision-making skills? Instead of clinging onto the hope that it's coming back up, I'd use the opportunity to cut my losses now, because honestly, the chances of it falling back down is pretty high. Such analysts' estimates are motive driven in the favours
It's all talk and no action. Or with the case of Elon Musk, more erratic actions ahead lol. If he can't convince Wall Street not to sell off Tesla's shares on poor earnings, he confuses yall with fanciful futures that may not even materialise.
Tesla: Q1 Wasn't Great, But The Growth Story Is Better Than Ever
Replying to @Kiwi Tigress:Aww you're another sweetheart!! ๐ฉท๐ฉท๐๐//@Kiwi Tigress:Your journey is seriously impressive my friend! It's awesome to see how every job has molded your skills and love for finance and investing. Your dedication to growing and bouncing back is evident in every step. Here's to tackling the ups and downs of the financial world with excitement and an open mind! ๐๐๐ #KeepRocking #Cheerstosuccess
@Barcode: ๐ฆโ๏ธ๐ผTrading Tales: A Journey Through Careers and Investments ๐ผโ๏ธ๐ฆ Embracing each chapter of my career with open arms and a thirst for knowledge! ๐ผ From my early days in banking, where I first dipped my toes into the world of finance, to the exhilarating hustle as a script clerk for two stockbrokers, every role has been a lesson in growth and resilience. โจ Navigating the skies with two major airlines, across continents, honed my skills in logistics, secretarial and control centre operations, while my tenure as a Senior Customs Officer instilled in me a steadfast commitment to precision and diligence. Thriving in my current role brings me immense joy and fulfillment, as it seamlessly intertwines with my passion for finance and investment. While I can't divulge the specifics, I revel in