sgfiftyfive
sgfiftyfive
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avatarsgfiftyfive
11-20 08:25
Strong reasons to show Bitcoin and companies holding Bitcoin to improve and add value to investors. 1. Donald Trump pro-business stance. He haven't took office yet and the market have already responded positively. Wait till he goes in office to implement what he wants to do for USA. To be great again, America got to be spending more money to boost economy. The new asset class to hedge against inflation is Bitcoin which is the gold standard of cryptocurrencies. 2. With #MSTR and #TSLA and other companies buying Bitcoin and holding BTC long term, it's easy to see why #BTC & Bitcoin related companies & ETF going up in value. 3. Social proof of Bitcoin's value continues to soar as Michael Saylor & even Elon Musk being active on social media and advocates of Bitcoin as the go-to dig
Whoever teaches or preaches Warren Buffett's "value investing" must be kicking themselves right now. Why do I say so? From reading a recent Reddit long post about a contributor who claimed that he basically gave up on "value investing" while his friends speculated on meme stocks & cryptocurrencies and made a ton of money according to him. He's comparing his own results from his trading philosophy against a highly speculative one. It could go either way, win or lose. But his conclusion is that he lost. Reading the comments, there's 2 camps but one comment stood out for me. It's a balanced viewpoint of accepting that value investing is based on the philosophy of growing the investment slowly much like planting a tree or caring for a house plant. IMO, have a plan and stick to it. Kno

Trading now is now at an all time emotional high or low?

So people think that they are the next trading superstar when they make some paper gains. Not even cashing it out. Or maybe took some profits out to prepare for Christmas shopping. It's a feel good factor if you bought a few months before the US elections. You feel even better if you bought Bitcoin (eg Elon Musk, Michael Saylor). But I just want to remind you what my mentor told me. Always discipline your emotions. When emotional high from market results, think what would you do if the stock market crashes? If opposite happens, what would you do if the market soars and the results take you to the moon?Don't be naive and think that this bull run will last till the end of Trump's first 100 days.Always cash in and restart from small or no positions if you're unsure. Small profi
Trading now is now at an all time emotional high or low?
$Tesla Motors(TSLA)$  Definitely a meme blue chip stock with Elon Musk working in US Government in DOGE. He owns Tesla, X.com, SpaceX, The Boring Company, Neuralink. Tesla's holding in Bitcoin helps the recent surge. Fundamentals of stock values shouldn't be used for consideration of Tesla's stock price. Pure emotions & speculation based on confidence in Elon Musk & his relationship with President Trump. Should be a run up until Donald Trump takes office.
$Tesla Motors(TSLA)$  The only reason why Tesla stock got so high maybe of the Bitcoin (BTC) its holding. Do look out for the Bitcoin related financial instruments and invest well. Let's see in the first 100 days.
Bitcoin $88k hold point? Resistance to $100k. From a viewpoint of financial markets, it seems that BTC will continually meet with resistance to $100k. Probably going to be like that until Trump takes office. All companies with BTC holdings, mining companies and cryptocurrencies will go through that process.  Depending on your timeline & exit points, take profits and enjoy your Christmas & New year celebrations. May the odds be in your favour always!
$Tesla Motors(TSLA)$  Definitely $400 is going to be reached by Christmas. In fact, all in on Tesla to $600 and cash out with 20-30% ROI. Let's go!

Bitcoin $88,000 to $100,000? To the moon?

Bitcoin rallied from $62,000 to $88,000 in the last 30 days. Mainly due to Donald Trump winning the US presidental election. He's known to speak positively on cryptocurrencies.  As much there's lots of noise about Bitcoin (BTC) price going to $100,000, there'll be serious resistance levels to break. Another easy way to get started is to buy Bitcoin related ETF and/or stocks of Bitcoin mining companies. Do have a clear entry and exit price point and may the odds ever be in your favour.
Bitcoin $88,000 to $100,000? To the moon?
There are clear signs of certain industries that will pick up on Trump's victory. There's the obvious ones eg Trump's listed company & his supporters and the Bitcoin & cryptocurrencies. Alt coins (not for beginners) are going to soar with good implementation and plans in the year ahead. War support industries will also pick up as well as healthcare. No matter long or short positions should be calculated and disciplined with clear entry & exit prices.You can read this as reference and do your research. Heng Ong Huat ah!

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