Official Investment Thread (Crypto, Stocks, etc)

rozco

Oct 31, 2020

dotM

I’m actually thinking about diving into some industrials like CAT.

Pretty secure with my tech holdings right now. Don’t really wanna own anything else except industrials and tech rn, but I need more research on CAT and others

Interesting

I bought more apple and netflix today.

La Flama Blanca

Oct 31, 2020

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

You’re acting like im investing my life savings into nio, we’re all well aware that its risky

HBDUSA 🇺🇸

Oct 31, 2020

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

Very thoughtful post

HBDUSA 🇺🇸

Oct 31, 2020

1 reply

Side note I can never get this f***ing binance account registered

They said they’ll send a code to my email and just never do. It’s like I’m trying to sign up for kanyetothe

Ran into this s*** a few years ago and ended up just going to Coinbase and having limited options

0 🫪

Oct 31, 2020

1 reply

HBDUSA

Side note I can never get this f***ing binance account registered

They said they’ll send a code to my email and just never do. It’s like I’m trying to sign up for kanyetothe

Ran into this s*** a few years ago and ended up just going to Coinbase and having limited options

are u in the us? binance.us instead of binance.com if u registered without a vpn at the time. or maybe spam folder though i assume you've checked there

HBDUSA 🇺🇸

Oct 31, 2020

are u in the us? binance.us instead of binance.com if u registered without a vpn at the time. or maybe spam folder though i assume you've checked there

Ah I must’ve been on binance.com. Finally got through just now on the us app though. Appreciate it.