Every a***yst out there says nio is a buy but ktt user 0 thinks im an idiot for buying it lol
This man showed me a chart and said because it’s already up it can’t possibly go up
The kind of dude who would have told you not to buy amazon at $500 because it was at an all time high lol
The kind of dude who would have told you not to buy amazon at $500 because it was at an all time high lol
not true at all ive been bullish on amazon forever and even these last few years it's one of the stocks i recommend to anyone starting out
Chainlink n Amazon
go f*** yourself
not true at all ive been bullish on amazon forever and even these last few years it's one of the stocks i recommend to anyone starting out
And i agree, but there was a time when amazon was considered overvalued by some. A ton of people were scared off because they didnt want to buy at an all time high
Every a***yst out there says nio is a buy but ktt user 0 thinks im an idiot for buying it lol
you do know that these 'analysts' are paid to recommend stocks right?
IF ethereum ever has a run like bitcoin did in fall 2017 I would be so f***ing happy
IF ethereum ever has a run like bitcoin did in fall 2017 I would be so f***ing happy
And i agree, but there was a time when amazon was considered overvalued by some. A ton of people were scared off because they didnt want to buy at an all time high
the fact that you're using amazon in a comparison to this nio company shows you are out of your depth on technology investing and frankly it's an insult to jeff bezos and what he's built. even comparing them to tesla would be a joke, or really any large automotive player
NIO delivered 12,206 vehicles in the third quarter of 2020. Nio's market cap is over $40B
no matter what it is a highly speculative investment that's up 10x this year and overvalued on any metric. idk why you guys are picking this hill to die on
Y'all get on this? It's technically already 3.8x because the dutch auction price was 38 cents but the ico was 10 cents (note this isn't the same as the flow protocol that's already trading)
I also highly recommend you do whatever you can to become a MINA genesis member. Doesn't cost anything and is probably worth a minimum of 33k usd (assuming 500m market cap), but almost certainly more.
Vitalik recently highlighted it as one of the only upcoming projects with the same level of decentralisation as Bitcoin and Ethereum and it has a big buzz in VC firms. There's no ICO, they're just giving away 6.6% of the supply to 1000 "genesis members"
yes sir i bought the little amount they allowed
good to see a fair project
also u should look into NBA top shots ;)
the fact that you're using amazon in a comparison to this nio company shows you are out of your depth on technology investing and frankly it's an insult to jeff bezos and what he's built. even comparing them to tesla would be a joke, or really any large automotive player
NIO delivered 12,206 vehicles in the third quarter of 2020. Nio's market cap is over $40B
no matter what it is a highly speculative investment that's up 10x this year and overvalued on any metric. idk why you guys are picking this hill to die on
Tesla even just a couple years ago was a company that couldn’t deliver orders, had major production issues, and couldn’t turn a profit. People said it was overvalued and driven by nothing but hype. Nio could crash and burn, but it could also become the chinese Tesla. Nobody is denying its risky, but acting like it has no where to go is foolish
Omg I’m not even that bullish on NIO but this guy sucks so much I will literally dump all my other holdings for it on next dip
I don’t think anyone’s pretending like NIO isn’t risky. I have enough safe investments so I can afford the risk right now.
Tesla even just a couple years ago was a company that couldn’t deliver orders, had major production issues, and couldn’t turn a profit. People said it was overvalued and driven by nothing but hype. Nio could crash and burn, but it could also become the chinese Tesla. Nobody is denying its risky, but acting like it has no where to go is foolish
no point in debating you when i don't think tesla is comparable in any way given that they are an actual innovator in battery, artificial intelligence, etc not to mention a generational ceo in elon
tesla is the chinese tesla lol
the points you make about Tesla were boring bear arguments explained away with any due diligence into the company. there's never been a demand issue, the production quality resulted from wall street pressure to hit targets, and the meme that tesla wasn't profitable is because they were spending on infrastructure. the cars have always been extremely profitable. but the business was still extremely risky
and guess what? the stock price SUFFERED as a result of this FUD. tesla was a terrible performer for YEARS as it had to consolidate in the market for all this time until it proved the doubters wrong and the stock price corrected upwards in a parabolic way. tesla was a bad investment. and i say this even being a huge tesla bull since before elon became a famous playboy genius, and because i have close personal ties to the company
tesla is once again overvalued right now lol and tons of good will is baked into the stock,and i wouldn't be surprised if it loses 50%-90% from here in a crash or correction.
back to NIO, you're foolish if you think a $40B market cap automaker has much upside lol. just look at the market caps of other auto companies like mercedes, honda, toyota etc.
it is much more likely that the price action consolidates for a significant period of time or even goes down. just like tesla had to face its challenges, NIO will be heavily scrutinized and needs to justify its insane valuation. and the best case scenario is maybe another double in price here?
anyway this all goes back to the fact that none of you post about the NIO cars or the NIO business. you're only in it for the price of the stock whereas i've been defending my points with a more fundamental approach which annoys you guys who don't look at revenues or how the business actually works
anyway it's fun to play devils advocate on things and give you guys some pushback on your moon picks
don't take it so personal lmao it's just some advice on maybe not putting a bunch of money into a CHINESE car company lol like take a step back it's not a big deal plenty of other cool good companies changing the world that would happily have you as a shareholder