Its always nice when you win, but making lose always hurts more. The main thing is to learn from them. I feel the key to getting better is understanding what works for you and what will help with those consistent gains. I personally have a long way to go on my pathway to learning. My win % is just above 50%. The red days have taught me more about what to look out for next time. There's always times when you just can't explain why the market fell and that's when you need to understand when you can accept your loses and pull out before you lose more. Today was a green day and with that also comes with a lesson. I had 1 option open that had been under performing and finally started to go green. I had to make a choice was it worth continuing the ride to make more gains or just pull the plug an
$Destiny Tech100 Inc(DXYZ)$ SpaceX's New Tender Offer Overview SpaceX is initiating a tender offer in December 2024, allowing current shareholders to sell their shares at $135 per share, valuing the company at over $250 billion. This is not a new equity raise but rather a liquidity event for existing investors, giving them the opportunity to cash out or partially reduce their stake. This strategy is common for high-growth private companies and enables SpaceX to maintain control while rewarding early investors and employees. Impact on DXYZ (Destiny Tech100 ETF) Stock Price The Destiny Tech100 ETF (NYSE: DXYZ) holds 37.6% of its portfolio in SpaceX shares, making it highly exposed to the company. The tender offer's effects on DXYZ can be analyzed f
Almost 2 months in and making some good gains. Need to gain another 35% on the portfolio to breakeven up from 87% down! Keep going and always learn from the losses.
Bitcoin will most likely keep falling, likely to bottom out at 89k-90k before leveling out. Bitcoin will eventually back the 100k wall but only in the early part of 2025