#stonks
1 messages ยท Page 16 of 1
nah i was looking into it is super beneficial
gonna max every year
Crypto is a scam
you basically avoid taxes
Im only putting how much my company matches in 401k
Rather save for a home downpayment
like if i put 1k in my roth today and turned it into 50k in next 20-30 years, my understanding is i would only pay tax when i take it out
ok subtle brag ur company does 401k matching
buying a home to live in scares me
afaik even if you pay the penalty of taking out roth its still cheaper
too much attachment
no no
well first of all roth ira limit is only 6k
which isnt much
so it shouldnt affect your home savings much
and 2nd of all even if you withdraw early from roth ira, if you have significant gains its still CHEAPER to pay the penalty
Tbh ill just yolo all my money on spce and retire early
so you could pull out home savings early from there
That way i dont have to think
can someone gimme a reality check
am i reading too much WSB if i think GME is a good play @ 55
And if i lose it all ill go to a life of crime and rob the fed reserve in nyc
Yes
Dead company
Only went up cus squeeze
No lore squeeze no more go up
oooh ok, i think i was still influenced when ppl keep saying squeeze hasnt happened yet, and 55 is a steal lmao
but they are prob incredibly biased since they are down thousands of dollars
mfers are like qanon conspiracy theorists
The media is lying about short float!!!!
YES
im a pennystocks trader now ๐
everyone here said its riskier than options hell no
it could go to 0 overnight they said
jokes on u, im not holding anything overnight 
Honestly im basically jordan belfort
are you ft rn?
no this summer
oooh ok ok
where at

gonna be reeling in paychecks
while we all sit in here in intern salaries 
im gonna quit instantly when i get my spce stonks
Shits gonna moon to 100 or the planes gonna blow up
And im gonna be broke ss fuck
Space tourism is a good new ondustry
And tbh feels nice to have a stock that makes sense to me
Yessir keep it ๐ฏ
dude i hate how when i loook at all of these charts
literally buying at alll time high rn
how do i find these stocks 3-4 months before lol
Just insider trade duh
also
u can just pester @tardy hatch for investment advice
if i want to be conservative i ask him
:D
ah interesting, ty : D
i do convervative things
pharma penny stocks lookin good rn ๐ฅ
and theree goes gme
rip i should have bought loll
SNAP's going brrrr
lol gme going back up after RH stopped limiting orders
bruhh
how to avoid feeling sad when you made profit scalping but you realize that if you held instead of buying and selling repeatedly you would have made double what you did 
my goal with scalping was bc it was incredibly volatile, to just get my consistently small profits as opposed to holding which would have been high risk
know you mitigated potential loss?
tru
ive been longing some stocks
sucks seeing the red but I think it'll pay off
buy and hold
u def have to watch it constantly
cause this only works for very high volatility stokcs
depends on what you consider worth, im aiming for 1% a day
for the amount im willing to risk its like 1%
interesting
most days this week its dumped at open not risen
damnnn ARKF ๐ฅ
stonks ๐
so has anyone confirmed if selling after hours is possible
?
these stonks are destroying me ๐ญ
yes
by limit orders
hours depend on your broker tho
cant trade options after hours tho
do DD and just chill
idt swing trading is a very good long term strat
don't get burned
hmmmm ok
Youre never gonna beat big stupid firms seing trading
yeah getting burned rn but it is what it iss
hmm
tbh i dont think its too hard if you have discipline
you can't go with ur heart and follow greed etc
get in get ur profit get out
automatic
Its a bull market 70% of the time you just miss more gains tbh
hmmm u make a good point ur probably right
but then again
if you stuck your money in SPY for a year and forgot abt it you might make 8-10% a year
the goal with scalping is to get 0.5% a DAY if possible consistently
its tricky but i wouldnt say you miss more gains
If youre using something like robinhood
Wont you lose more money selling. N shit frequently
because of how it proccesses orders?
wdym?
i use a commission free broker with no limits on trades if on cash account
thats a fraction of a cent type thing, doesn't affect individuals
amc
i would if i knew what i was doing
it's really dangerous though
unsure why he doesn't see that
the day traders and experienced crypto folks might make money but the newcomers will get screwed
doge?
coinbase >>
coinbase fees T^T
coinbase has no fees if u transfer to coinbase pro and buy there iirc
braincell
this is the most stupid thing I've read
Crypto is a scam
doge is scam
idk about all of it
but doge is literally a scam
unsure why people with brains are peddling it
unless they fail to see how much the average noob doge investor will lose
t0 tHE m0oN!!!!!!!!!
rocketship emoji rocketship emoji rocketship emoji
doge isn't a scam but pumping and dumping it is
idk it seems risky
it only topped at like .09 the other week
itโs already at .057
lmao I meant to type .06
it will dip really fast yea
wouldn't doubt it
ur in the p&d server?
u want invite?
they just do scheduled p&d
lmao
it is
for now
they send announcements
a few days earlier
nah they dont announce the actual coin
until a certain time
like its supposed to be a scheduled pump
how are you gonna guess it
lol
oh no
im not saying there arent losers
there def will be
idk the actual details i just read a bit of it
haven't participated yet
lol i never said it was a smart thing 
pump and dump servers are just money schemes for whoever schedules them
Bytedance IPO when ๐
DOGECOIN TO THE MOON ๐
BUY BUY BUY BUY BUY BUY
crypto is the dumbest thing ever
lets all get our computers to do some stupid numbers and waste power to make money
poggers
id prefer a currency backed by something with actual value
thats why im inventing a uranium backed currency
acquiring uranium in a federal reserve to hold it for the value of the currency
what you finna do in 4.5 billion years when your uranium reserves decay into thorium
The dollar isnโt backed by anything...
The dollar is different cause the U.S. is so powerful
oil
Just because crypto is an application of blockchain doesn't mean blockchain is dumb
it's "backed" by law: https://en.wikipedia.org/wiki/Legal_tender
that's why it's sometimes called fiat money
If the US govt was to fall. The US dollar would be nothing
Well I mean the purpose wasnโt so that computers crunch numbers solely to make money lol
So very unlikely
Yes but possible
If the us government fails I'll have bigger worries than money lmao
And if some stupid leader comes and decides to just print a shit ton of money, the could cause hyper inflation
Eg iran, Venezuela
old meme but good meme: https://www.youtube.com/watch?v=GI7sBsBHdCk
yes, captain obvious
but a currency being devalued doesn't mean it stops being legal tender
Iโm just saying this cause u could think of crypto as an asset like gold
Ya but ur life savings becomes useless
oh I never meant to give that impression lol
I'm apathetic towards crypto
until it gains wider adoption I'm not interested in it tbh
I know doge is just a meme but btc is actually becoming something
Im not sure ab how I feel towards btc
Would btc technically be deflationary as people lose access to wallets and harddrives lol
Is it actually possible to use btc to pay for stuff nowadays?
I mean not as general currency right?
Itโs def getting more accessible
Yea would be pretty exciting if it becomes usable as currency
I put $1k in dogecoin a few weeks ago
Praying itโs price skyrockets in a few years from now like Bitcoin did
You never know ๐คท๐พโโ๏ธ
Lol I got $20 in doge a month ago and now itโs 175
I bought an ssd with bitcoin in like 2014 its always been possible
rip like .4btc on a 500gb ssd
Good deal
yeah u can buy drugs with btc
Wsb needs us guys they want coders poggers
Well yea "always" but I mean in a more mainstream way
Like buying stuff on Amazon or paying bills with btc lol
There's a difference between commodities and currencies, commodities have intrinsic value
Afaik, crypto doesn't have intrinsic value
So it seems weird to compare crypto to gold
I guess if someone could actually explain why they're long crypto I'll stop asking noob questions about it lol
tbf gold didn't really have much intrinsic value besides looking pretty for most of its history
Isnt it used in electronics too
yea but i'm talking pre-industrial era uses of gold
Sure, but it does today
Sorry if I wasn't clear
At the very least I think it's fair to say gold has more intrinsic value than btc today lol
gonna be crazy when all the institutions buying bitcoin realise that it has no intrinsic value and it instantly drops to 0 ๐
true but i'm saying gold was able to act as a store of value for thousands of years without any intrinsic value. crypto supporters believe that btc and such will be able to take on a similar role

TO THE MOON ๐
currently, he is planning to make major renovations to his 44 million dollar mansion in miami beach 
he sure seems pressed for money lmao
btc to moooooooooon
when u took a profit but the stock popped 20% immediately after you sold 
DOGE and BTC going crazy today
profit is profit baby
i will never get people who are like
wow you shore are dumb for selling tsla after it only gained 100%
rip just ran out of settled cash 
fax
Pltr stonks
Tesla is gonna accept btc as payment
rippp
this is my best day since i started lol
finally got out of meme stocks and into high growth volatile stocks 
dm
arent they being sued
bitcoin to the moon ๐
what is driving them to adopt it
Tesla took the first step. Others that wanted too but didnโt want to be first could do it now
nvm scrolled up gotcha gotcha
though why would someone use btc over fiat?
maybe I'm just overthinking it but it isn't good that BTC is behaving more like an erratic stock than a stable currency atm
Its maturing IMO
not as erratic as before
true I'll agree with you on that but it still has a long way imo
Theoretically it should deflate in the long run but USD will inflate
Cause tesla putting 11% of its cash in bitcoin is not insignificant
squeeze tomorrow
!invite Larry#8477
@lucid briar, Successfully invited Larry#8477
@uncut sparrow 
is this yt larry?
Wsb is back to its normal self
No gme amc just good ol random stupid stocks
๐ฅฐ
dammm what a leetcode chad
good to see u here haha
**here my dumbass isnt spelling today
i see i see
hahahah dont we all
idk how but its easy to feel really down after making money when you could have made 10-100x
yup like missed opportunity is everywhere so we shouldnt worry abt one thing we did while investing
yeah thats pretty sweet
i think anything above SPY average annual returns is great
if you can keep the risk low
hmm this market is kinda crazy with all the rocketships, i feel like it has to tank sometime in the next several years
yeah that is true 
oh yea long term market is the way to go
over 20+ years it has a very high probability of going up
and just keeping cash is the worst, bc there is literally no upside
and your cash gets de valued each year
yeah that's the hard part, if the main goal is just grow your savings with the lowest risk there is no better time than now
historically if you just bought at any given point you'd still be up quite a bit right now
Neat
Also Elon confirmed plans for starlink ipo in future
Gonna be $$$$&&
Ill sell my whole portfolio and buy the first option chain when Starlink Ipos
Entire portfolio + margins
Pretty much free money
yup 
stonks going crazy today
i wish i didnt sell for a quick buck this morning ๐ญ
day trading on volatile stock feels bad bc every 3rd stock 10x and u miss out lmaoo
I bought $117 worth of SNDL itโs worth $241 now, Iโm so sad that I didnโt buy more
dude thats great profit wth
im really trying to stop risk and build a more consistent strategy so im just sniping small gains
but im always missing out on gains above $50 
wait cant you buy more rn?
its likely headed for $2+ if the hype continues
i want to buy rn but im too scared of the risk even tho i know im gonna miss out :/ might yolo anyway tho
Iโm considering it lol
yolo
Haha
I bought .01 bitcoin a couple days ago when it was like 38k, sold at 40.5k, now it's 47k
still good tho u made money
True
and i bought and it tanked 
Oooh cannabis company huh
mannn sold my apha calls for a $100 profit yesterday
couldve sold them today for $800 profit
Hell yeah
@subtle blade curious do you have restrictions on like trades you can make and such as a bloomberg employee?
and do you know if thats true for ppl at like IBs or quant as SWE?
Yea basically not allowed to day trade, play with derivatives, short sell, or use insider information
I think some ppl on this server said quant firms have heavy restrictions too
oh holy shit i see
yeah i would imagine, kinda makes sense
surprised at that many restrictions tho (other than the insider one lmao)
Yea idk
Basically we just have to be long on whatever we buy
Which is fine for me lol because I'm pretty conservative when it comes to investing
yea i think investing conservatively is the move for the most money and lowest risk
also dammnn u get free bloomberg terminal? 
I mean we have to develop for it so yes lol
There are so many fucking functions
I hope it is lmao
stock is up another 20% during after hours so thats another like $800 of profit missed lets fucking goooo
lmao I had a $45c expire worthless on 1/15
missed profit makes me unreasonably sad
like I should just be happy to be in the green, but like I only made $1k on gme which could've been $4.5k
and I just missed like 5x gains on the $300 i put into these apha calls because I sold them for $100 profit
tru tru thats pretty cool
bro should have bought in ahhaha
already up in after hours i feel like it will gap up to 1.9 or higher tmrw morning
doge is ok but its mostly a meme imo
Enjoy dying
Elon undefeated
U vs the army of Elon simps
You never stood a chance ๐
social media experiment stonks is now public
Who else is longing btc
I should have ๐ฆ
why is stonks public 
Yea
LETS GOOOOO
can we update the topic of the channel tho
wait why did stonks chat move lol
fun fact
if you spend ur gains u dont have to pay taxes
thats y if i ever get a 10 bagger option im gonna buy a lambo and say fuck the irs
if u buy preowned u can use the rest on coke and hookers
make sure to get a recipt for both tho cus if u dont the IRS won't know you spent it and will think ur hiding it
Interesting
Anyone else here mine any crypto?
What's the purpose?
I guess I kinda see the point but maybe only if your risk tolerance is high?
Hmm yea it's an interesting idea
damn weed stonks be wild recently
Ikr! Almost everything's popping ๐
sndl ๐
this is sarcasm right 
i wish, i was scalping sndl at half what it is now but didnt like buy buy until later
Sold APHA at 21 ๐ญ
what a red day ๐
r i p pltr gang
whats hte
The thing with arkk Larry is that itโs already performed well
So thatโs not indication of future performance
I just copied there holding so I donโt have to pay expense ratio
$1 for each $1000 invested
now 430
Twilio?
Tesla real value around $300 share
down 20% today lets fucking goooo
GME actually up today lul
I bought 10k
Should go to $20
Prob by next month
Once that Jeremy guy pumps it it go to moon ๐
damn SNDL overbought? when will correction happen hmmm
fuck it scared money don't make money 
fax
holding till $4 
@uncut sparrow do u believe fang stocks will outperform arkk?
I think 20% crypto 20% qqq 20% arkk 20% arkg 20% spy is good balance
i got real fomo rn
People r treating her sheโs next buffet ๐คฃ
Pretty much any stock went up
We shd all think the fed IMO
But I agree cathie wood knows more than us
Now compare even the worst performing ark funds to other stuff
7 figures is a lot congratulations
I think u r right about staying invested and not timing the correction
People lost money not invested
Yea we r all learning
Iโm not expert at all I m beginner
Next market correction I will buy big
I just analyze fundamentals revenue and balance sheet stuff
Having a large part of NW in one thing also isn't as bad when you are like 20 because it's not that much money
If I was 50 I might only be in SPY
Absolutely
So u r collecting premium
Hopefully Uber tanks to $30 today
I am new to investing. Started off with RH app. I bought a stock and sold it, just to see how it works.. I made less than a $1 profit. Do I need to pay tax for this now?
$SNDL to the fucking moon ๐
๐๐คฒ
Diamonds hands fellas, BUY SNDL BUY SNDL BUY SNDL
Niceeee
SNDL looks the same as NTEC.. Thats where my money is ๐
im prayin for $FIRE to get a good earnings report
Just bought SNDL
is PSYK even on any US exchanges
and I think weed stocks are still the next weed stocks tbh
i mean theres fundamentals too
like aphria and tilrays merger is promising, us legalization likely impending, etc
like tilray is popping because they closed some big deal to distribute in the UK
im not convinced on SNDL tho its just momentum
like im holding but im a lil worried
im seling when it hit 4
yea if the momentum slows down ill sell
for now ppl are still pouring money into it
??
idk the market cap at current share price is just wack compared to the revenue of the company
oh totally
i think it was going up based on some speculation but
the recent push was just from WSB imo
like the next amc/gme
pump and dump, we will have to pull out at the right time
im invested in APHA tho so im biased against those SNDL gains
lmao
i was originally just scalping it bc im getting into trading but
i sold apha calls two days ago for $400 that are worth $2k at close today
i noticed the momentum is wild so i held on for a bit
and it went up so much so i just kept holding
so I rebought some $35c today
ripp
yea idk maybe just set a stop limit or take some profits
yeah i should but
i feel like its going to double at least
WSB has so much of a herd mentality that they pump too much in
fortunately it looks like the call I bought today will get some good returns tomorrow based on after hours
like the volume today on SNDL was 2.2 billion
true, really got the anti luck I sold like a day before weed stocks got hype as fuck on WSB
i think its not slowing down atm since ppl are still rushing to buy, fomo and shit
agreed
just dont be caught holding the bag
i wish i put more in
yea totally could get killed in a minute
stocks make me feel like a gambling addict tbh
like i dont want to miss a major momentum swing in either direction
every time I sell and im like aight time to pull out
nah its just this weed stonk and meme stonk bullshit
after this trade im out
and then i go in in some other shit
i just held on to sndl cause it keeps going up lol
nah like making 0.25% is easy, the hard part is not losing it. if you stop trading after you scalped 0.25% its possible to make that daily
imo
i suppose, ive had decent luck fucking around with calls tho so im prob just gonna stick to that
stonks only go up
huh
im tryna stay away from options due to risk tbh
im too prone to gambling it all away so id rather play it safe and aim small
i mean options dont have to be super high risk
you can still do stop limit orders to sell if it drops too low, and can also do spreads
Diamond hands fellas, buy SNDL and hold it ๐๐คฒ were going to the moon ๐
Market cap for psychedelics could b absolutely huge one day. Im holding psych stocks for the long term
lull
i didnt even listen to myself i sold my calls two days ago
I bought some aphria but sold at like 21 lul
SNDL is fucking booming man lord have mercy
Psychedelics are hella cheap how is anyone supposed to make money
should have sold sndl at 4.80 :/
think its coming back?
nah my plan is to scalp every 1-2 minutes
fucked up with SNDL bc i held longer
im willing to put 2 hours, if i can consistently make 0.25% a day
yea for sure
i wouldnt hold penny stocks
made a few mistakes but ill pull out of SNDL soon hopefully
nah
fr
yeah but i dont think thats consistently possible
the 10-50% thing
u could go down that much in 2 weeks
i think scalping is very consistent comparably
hmm nah
it depends
if ur too emotional then yeah
but you have to stick to your rules and keep a consistent stop loss
hm thats mainly due to meme stock and major bull market
i think scalping is doable in any market consistently
but im going to try it and see ig
again these last couple months are heavily skewed
bc of meme stocks
like a few months ago
you watch the charts closely, when you see a trend follow it and try to get 5-10 cents per share profit. if you guessed wrong on the trend exit at 2-3 cent loss per share. if you can do this and be right >50% of the time you profit
each of these happens within 1-2 minutes
do this afew times a day with $1k or so you can get some profit
depends on the stock eyah
if you do it with penny stocks it can be like 3-5%
yeah around that
im still hitting the cap but i plan to increase my amount in the cash account i f im doing well
how..
nah the high volatility approach imo will generate negative returns over time
due to greed and stres
you will lose all your money
much harder to make it back
most stocks wont get you 89% in a year..
ok i mean if you want to dump all your money in that one stock thats a lot of risk tho
and you are extrapolating that return from this yaer
which is dumb
imo
if you diversify and invest all your money you will not get 50+% returns
thats absurd lol
i mean yeah but i dont think that kind of growth is possible anymore
like
apple isnt going to increase 50% every year
at this point
imo
personally think scalping avoids most of the downside
from 2016-2019 apple was only up 60%
google was only up 40%
most of this tech explosion is recent ie post covid
i think your view is skewed since stocks popped post covid
i guess? again i dont think you understand how skewed your view is. arkk was literally at 50 ish pre covid
stocks just popped recently
i guess man
agree to disagree
i just dont think this market will last for 20 more years
you will still get profit by keeping in a basket but
not as much
are you memeing lol
nah ive been doing some research into different strategies
not just randomly buying lol thats literally pointless
yeah for sure im testing out different strategies on a trial period rn
im still looking for the best software to track it well
backtesting isn't really helpful though right
i guess depends on the time period but yeah
yeah that's the risk
gotta remember when backtesting that you're looking at older strategies so ofc it's normal that your strat would perform diff now than 20 years ago
Weed down bad today
Damn TLRY getting rekt
i saw that i was like wtf is this lmao
its like bragging about winning the lotto or casino ๐ - on linkedin 
I want to thank all my fans and supporters who encouraged me to buy this ticket โค๏ธ ๐
dont roast my linkedin post like this ๐
these weed stocks unlucky man
Good thing I didnโt get fomo 
PLTR ๐
sndl ๐ ๐ 
Spce
We gonna fly
Im getting on this rocket ship
And im going to tendie town
$Spce 100 by monday
200 by feb 25
Shit forgot to post my dd
๐ ๐ ๐
Mfer im the galactic virgin ik how this stock works
Its simple
Rocket does good stock goes up
Rocket blows up stock goes down
Ive been in since $20 so this is all tendie town
well should have got on a different rocket
One that sends ur ben shapiro to apc letters to space
Ok, so l-let's say, hypothetically, for the sake of the argument, that, perhaps, I, Ben, were to ask you, Alexandria, to the prom, right now. Now let me ask you, in that situation, would it not be in your best interest to say yes? I mean the answer is obvious, right? Now let's suppose, that in fact, I was doing so right now, in this room. Now, hypothetically, what would your response be?

If its a good play
Else cut ur losses n invest somewhere
Never invest emotionally
This is a casino
fax
i dont believe in the company at this point in like short term 1-2 weeks
i did until WSB pumped its value like 3x and now its way over imo
Then onto the next one yolo
thoughts on TNXP?
i dont fuck wit pharma
unless i can find some chad like shrekli that can gouge the fuck out of people
stonks totally fucked me today
im getting fucked for valentines day
๐ฅฐ ๐ฅฐ ๐ฅฐ ๐ฅฐ ๐ฅฐ
bae
๐
oh
gotcha
its a huge monopoly
theyre all owned by the same parent company
its weird
but ben awad made that vscode tinder app
or was it github tinder app i dont remember
the purchase is just an accounting trick. Bitcoin are consider assets so you can depreciate the value when calcualting net cash flow which affects your taxes.
But what I don't understand is how that works ( need a cpa here to explain) but my understanding is that if value bitcoin eats shit, Tesla can write that off. But if Bitcoin moons, tesla doesn't have to record its positive val b/c its only taxable at sale (which seems dumb tbh).
then again, its like depreciating a tractor when farming and somehow, if that tractor magically 2x'd in value, you wouldn't be taxed on its magic gainz.
Either way, despite tesla buying bitcoin, stonk was not affected whereas bitcoin moon'd. AKA, market does not see a fundamental value change in Tesla's bitcoin purchase.
Which maeks sense, this is just accounting shenanegans
what earnings are y'all looking forward to this week
if you aren't going to make the joke on your employer's slack server, it probably isn't an appropriate joke for this server
Damn you Elon damn you!!!!
Elon musk tweeted this and dogecoin plummeted 
elon not a real one
Right, Iโm losing money because of him
lol all the doge ppl thought elon was an ally
whats doge's use besides being funny meme crypto
nothing
nah
do your dd people
Everyone has 20/20 hindsight
but i mean doge is low risk medium ish reward
it only costs like 5$ min to ride the train
true but dogecoin was an obvious pump
markets arenโt open today
rip no red today? ๐ฆ
i think weed stocks have long term potential
but last week was a bit of a pump n dump yea

๐
im gonna be getting so many valentines dates next year with my spce stock
Positions or ban
"Trust the process" what process? lol
lmk when you turn that back to 500
I got in pltr early $32 kicking myself for losing 10% gain
Whatโs wrong with arkk lol
sckt 
cocaine
Oooo
I want to be the dog walker on bezo's yacht
Engineers without borders?
I believe so
Whatever you do, donโt post motivational stuff
Thereโs too much of that shit
What would you even do
Oops I thought you meant visiting Mars
If you just streamed it
Iโd imagine not as expensive as regular broadcast
Same ๐
Yeah so glad Iโm done with them this is ridiculous again trying to break rules
man i thought my other trading days were bad so far ๐ญ
galaxy brain
damn account dropped 50k today
im bleeding crazy today too
Damn RIOT popping off
the bigger the dip the bigger the jump up right guys???
i applied a logarithmic trend line so its clearly gonna do this right
what stocK?
my portfolio duh
lmaoooo
gonna sell off snap chat - and buy some palantir stocks
bought like 20 stocks back when it took a hit after banning trump lmaooooo
i lost so much today 
I want to sell tesla but I am scared smh- a few year back I bought like 4 stocks at $180 ish - then sold them at $900 ish - cause i thought it was gonna go down - but it just kept going up smh
bought them again for $400 after the split
and now it's at 800 ish and I feel like it's hella overpriced
bu the stock price make no fucking sense
like I love elon - but this shit is insane
Iron butterflies on HYG are just too op
Amazon is scary as well - I bought some pre pandemic - because I was so happy I got an offer
and then the pandemic made it go on steroids
and I am tempted to sell out
and I hate illumina stocks - I was like gene editing is the future let me buy crispr and illumina
bought at $330 - went down to $300 - $went up $380 - back down to $300 ish
so, when it went back up I sold it at $380
but now it jumped up again ๐ฆ
same with roomba (irobot)- though it was a dead stock so I sold out - but post pandemic it's been booming
so other than palantir - what other stocks do you guys think are undervalued?
at least ur not like buffett and buying verizon
boomer is going long like he doesn't have < 5 left
lmaooooo - wish i could get some buffet energy though - I try to look for stock i can go long in
I would have been long in Amazon, spotify pandemic - but as things get better they are bound to take a hit eventually
so better of by the dip
microsoft, google, facebook are still solid for long-term
and lowkey gonna hold on to chegg as well - students need to pass somehow lmaooooo
Visa, MasterCard - are also really solid for long term
But, Amex and Square also look solid in finance too
paypal and square ๐
Retail spending is up huge past month which is a factor in inflation with velocity of money. If fed raises rates to control inflation tech will be the first to go. Plus with the pending infra bill and the realization of the importance of infra on things like pandemics, and people's reluctance to keep buying tech at these evaluations, I think money will move away from tech in the next couple of years
Also, bitcoin - I thought that shit was over priced went I bought - so I put less than 5% if my portfolio but now it's almost tripled in price - wish Elon warned me that he was gonna hype it out LMAO
only thing bitcoin still has for it rn is - Amazon
If it gets accepted as a currency I will probably sell
one million percent - waiting for a dip for paypal
don't think ethreum will replace bitcoin though - they will probably work together if anything - also, for any currency acceptance is undervalued - the more vendors that take bitcoin the more valuable it will be
plus bitcoin has cap - which helps control inflation
yes and no - I agree that tech will take a hit - but I don't think it's gonna last long - we still have a lot of things to look forward to
- gene editing,
- renewable energy transition
- automation and robotic
as well as the internet still
if anything tech companies can expand into other countries - which still gives them a huge growth trajectory
gene editing will be first sector to go in a correction lol
companies that are pulling in million dollar revenues are valued at billions
was looking at arkg holdings and all the companies r sus lol
this gene editing company called bngo brought in 2m last quarter and is a 4b company
As long things look like they have potential people will continue to invest them -
Also, we have more "novice" investors vs than ever before - which allows the hype train to go a bit further
like I don't know how much most people look into valuation, p/e, eps rate etc.
eventually every bubble pops - but as long as tech as able provide a decent bit of growth - it's really hard to predict when the stocks will match their "rational" valuation
corrections are fine though
they are short-term
so, it does't really matter
also most companies in any buzz-word industry will fail - just like the dot com crash
but the industry as a whole should be fine
pdf dump
this book has been pretty useful so far
on valuing companies by nyu professor aswath damadoran
DFV's testimony tomorrow is gonna be interesting
bruh your pfp triggers me
lol nbd but i actually met nav in real life
tech stocks on a dip rn?
like if i get into aapl or smthn rn it prob be up in a few weeks..
Dogecoin back on the rise
Yup.
To the moon ๐
sheeeesh bitcoin broke 55k
Broke me with no btc 
me looking back at my 16 year old self mining bitcoin and wishing that I kept the 8btc that I mined at .02 cents
๐ฆ
sold at $8
because comparatively that was NUTS
bruhhh ๐ญ
yep it would be
spent 3 months as a kid mining bitcoin because i was interested in the dark web
and uh
buying things from the dark web
heh
little did i know that bitcoin would net me a house in the future if i kept it
but i mean bitcoin was the first crypto i had ever encountered, cryptocurrency wasn't really widespread besides bitcoin when i first got into it
and all of us thought that it could be huge but $8 was what I thought was huge at the time lmao
buy ada ๐
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https://www.linkedin.com/posts/maher-rahman_i-rarely-decide-to-make-posts-here-on-linkedin-activity-6765466719726178304-nlXG which one of y'all did this
cringe
its just cringe to flex that on linkedin lol
fr tho who just flexes their net worth on linkedin lmfao
tbf if someone really did manage to grow their money that much, it's 100x more interesting than the generic "I'm excited to announce I've accepted a position at...." posts
Airbnb ๐
oh shoot that's huge
that rocketship is pointing the wrong way today
oh shit my view wasn't scrolled lmaoooo
tqqq ๐
damn what's ur portfolio lmaooo
bruh this is bullshit - my stocks are frozen for 15-20 days cause I am moving brokers
Watch this be the biggest correction since 2007
niec
hey they will be right eventually
it's like winter is coming - the starks are never wrong
yea time in the market - beats trying to time the market
But, if we do hit a recession or sizable down turn I'll probably consider putting off something like my students loans and just keep some money invested
1% on the interest isn't too bad consider u can make a lot more buying a good dip
I don't disagree, just found the article interesting and relevant to the channel. Much of my savings are going to be in the market when I get a job.
And I know some in the channel were talking about getting into IPOs this year
buying my first eth 
Stocks are still tanking 
i want to cut my losses
I am just waiting for green days to come 
So, buy the dip? ๐
getting fucked but sure buy the dip
i would give it a week or two
or more
arkk is getting punched in the face
that feeling when you get rejected from all 5 FAANG at the same time
this is what that feels like
ayo???
i just keep losing
are we holding or what are we doing
where's alex when you need financial advice
I'm down 1k already today
๐ญ
MicroStrategy was at 1200+ like 10 days ago and now it's at 700+. rip to everyone who bought that at the peak 
cries in red
Bought some ARKK/ARKF puts
yesterday
They're up 90% today
I don't think TSLA will ever be worth what it's worth today tbh
hot take but whatever
same
just wait for tesla's cancer curing division bro

