TeslaSmurf :
Sure, but Tesla bulls are much more resilient being this a 10 trillion dollar company by the end of the decade. Intel produces chips. Tesla will change the world (and produce chips too). We are crazy, you may be right, but is no crazy to do EXACTLY what I did last year: DCA all the way down and sell 2/3 with the new year. Now I’m just buying back at a much lower price, while day trading with such an amazing volatility. It is just a question of timing and, of course, it won’t let you time or resources for other stocks, but it works and I do it with passion. I won’t trade/invest in anything else as money is only ONE of the reasons to do it. I wouldn’t do it with a company I don’t know so deeply. What if it goes to 350 (it won’t) ? I’ll keep piling up shares: we’ll talk again next year and by the end of the decade. See you
B3lloOPTeslaSmurf:
Lol, continue DCAing, now is just the start of the bear market and things may go south at the 2nd half of the year... Anyway I'm BABA bagholder and will be DCAing my position too...
But 10trillion, I dare not go that far, BTC will be 0 soon, then slowly every overvalued stock will crush, undervalue will be hit too, just see which company will survive just like dot com bubble...
I'm putting my bets on China and maybe boring shares like Intel
TeslaSmurf :
No, I’ll just patiently and faithfully wait the bottom which should not be so far. I would sell everything else I have to buy it at 350 to have an average at about 500, sure that in 2023 it will TRIPLE… at least. The .com bubble was a bubble because there was little “substance” at the end and someone had to pay for all those fancy-money devouring start-ups. Intel was a case but, I repeat, Intel is big, innovative and whatever, but it basically produces chips which are the 0,0… part of a car, of a truck, of a Semi (in 2023), of an android (prototype to be presented after the summer), of an energy generating and storage system, of reusable rockets, of tunnel excavating machinery, battery production facilities, and much-much more. Tesla’s growth has no limits because it is many companies in one: from the raw mineral extraction and processing (by mid/end decade by sure) to the consumer.
B3lloOPastabrin:
I think you have to ask yourself, how much is Tesla worth? If you think it's 1000, you should buy all day long, if you think it's 300, you have to make some difficult choices... There are ways to calculate intrinsic values for a stock/bussiness, we don't buy and hope it will increase in prices , we buy because there is a mismatch in value VS price or the stock is fair price and we don't mind owning it... If you wanna invest like investing in meme stock, I suggest going to casino is better... With so much being said, what is your valuation on TSLA? I would say if you don't have a clue, start by watching "Everything Money" on YouTube, I like their process, it speaks to me, but sometimes my emotion get the better of me and I lost $$ too, especially in option trading.
B3lloOPastabrin:
One more thing, no one is Guru here, I lost alot last year, imagine BABA from 200+ to 70+... thats like 65% drop, but it makes a whole world difference on whether you will double down or not, it's all about your investing process
I repeat, no one is Guru, just watch or read some investing strategies, and see which one speaks to you and follow it... You can start learning from the real Guru like Buffet or Munger
B3lloOPastabrin:
I hope you are holding to some of them, I dca my BABA to 14x, so I'm just gonna chill, thankfully my FUTU avg 3x so now it's green.
Surprised I did quite well this year, I burnt myself recently trading option for SE (abt 20k) , this TSLA option trade is just for redemption
Anyway, if you are clueless, I would really recommending you to watch "Everything Money" and hopefully it speaks to you and you start to invest wisely and now fomo-ing
TeslaSmurf : Sure, but Tesla bulls are much more resilient being this a 10 trillion dollar company by the end of the decade.
Intel produces chips.
Tesla will change the world (and produce chips too).
We are crazy, you may be right, but is no crazy to do EXACTLY what I did last year: DCA all the way down and sell 2/3 with the new year. Now I’m just buying back at a much lower price, while day trading with such an amazing volatility.
It is just a question of timing and, of course, it won’t let you time or resources for other stocks, but it works and I do it with passion.
I won’t trade/invest in anything else as money is only ONE of the reasons to do it. I wouldn’t do it with a company I don’t know so deeply.
What if it goes to 350 (it won’t) ?
I’ll keep piling up shares: we’ll talk again next year and by the end of the decade. See you
B3lloOP TeslaSmurf: Lol, continue DCAing, now is just the start of the bear market and things may go south at the 2nd half of the year... Anyway I'm BABA bagholder and will be DCAing my position too...
But 10trillion, I dare not go that far, BTC will be 0 soon, then slowly every overvalued stock will crush, undervalue will be hit too, just see which company will survive just like dot com bubble...
I'm putting my bets on China and maybe boring shares like Intel
B3lloOP TeslaSmurf: That being said, I will buy Tesla share when it hit 200, which means another 60% drop before I start a small position...
TeslaSmurf : No, I’ll just patiently and faithfully wait the bottom which should not be so far. I would sell everything else I have to buy it at 350 to have an average at about 500, sure that in 2023 it will TRIPLE… at least.
The .com bubble was a bubble because there was little “substance” at the end and someone had to pay for all those fancy-money devouring start-ups. Intel was a case but, I repeat, Intel is big, innovative and whatever, but it basically produces chips which are the 0,0… part of a car, of a truck, of a Semi (in 2023), of an android (prototype to be presented after the summer), of an energy generating and storage system, of reusable rockets, of tunnel excavating machinery, battery production facilities, and much-much more. Tesla’s growth has no limits because it is many companies in one: from the raw mineral extraction and processing (by mid/end decade by sure) to the consumer.
astabrin : i bought at $720.... 90 shares. didnt implement any option strategies. shd i just sell to prevent further loss...
B3lloOP astabrin: I think you have to ask yourself, how much is Tesla worth?
If you think it's 1000, you should buy all day long, if you think it's 300, you have to make some difficult choices...
There are ways to calculate intrinsic values for a stock/bussiness, we don't buy and hope it will increase in prices , we buy because there is a mismatch in value VS price or the stock is fair price and we don't mind owning it...
If you wanna invest like investing in meme stock, I suggest going to casino is better...
With so much being said, what is your valuation on TSLA? I would say if you don't have a clue, start by watching "Everything Money" on YouTube, I like their process, it speaks to me, but sometimes my emotion get the better of me and I lost $$ too, especially in option trading.
B3lloOP astabrin: One more thing, no one is Guru here, I lost alot last year, imagine BABA from 200+ to 70+... thats like 65% drop, but it makes a whole world difference on whether you will double down or not, it's all about your investing process
I repeat, no one is Guru, just watch or read some investing strategies, and see which one speaks to you and follow it... You can start learning from the real Guru like Buffet or Munger
All the best in your investing journey.
B3lloOP TeslaSmurf: Sure, all the best, I see you at 200 (70 after split) or 600 (after it split)
astabrin B3lloOP: yup... u are not alone. lost 6 digits already last year in baba, se , cour, futu....indeed , kinda clueless and fear of losing more
B3lloOP astabrin: I hope you are holding to some of them, I dca my BABA to 14x, so I'm just gonna chill, thankfully my FUTU avg 3x so now it's green.
Surprised I did quite well this year, I burnt myself recently trading option for SE (abt 20k) , this TSLA option trade is just for redemption
Anyway, if you are clueless, I would really recommending you to watch "Everything Money" and hopefully it speaks to you and you start to invest wisely and now fomo-ing
I struggle on fomo-ing too
View more comments...