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    The past week has been a dark period in the history of crypto, with the total market capitalization of this industry dipping as low as $1.2 trillion for the first time since July 2021. The turmoil, in large part, has been due to the real-time disintegration of $Terra(LUNA.CC)$.
    Last week, Terra has officially stopped block production as the blockchain's native token hit a low of $0.0003, near zero.
    In a tumble start...
    Terra debacle nearly kill crypto: What exactly makes a stablecoin usable?
    Terra debacle nearly kill crypto: What exactly makes a stablecoin usable?
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    MACRO
    As Dow sinks over 1,000 points, signs of panic-selling emerge in the stock market
    Panic-like behavior was starting to set in on Wall Street on Thursday, at least from a technical perspective, as the Dow industrials shed all of the previous day's gain, and then some.
    Trading in New York Stock Exchange-listed stocks at midday Thursday exhibited panic-like-selling action as bullish investors suffered a powerful r...
    Wall Street Today | As Dow sinks over 1,000 points, signs of panic-selling emerge
    Merlink commented on
    After $Twitter (Delisted)(TWTR.US)$accepted $Tesla(TSLA.US)$ CEO Elon Musk's bid to take over the company. Another company was spotted by Musk.
    The tech billionaire wrote on Twitter: "Next I'm buying $Coca-Cola(KO.US)$to put the cocaine back in."
    When Coca-Cola launched back in the 1800s, it was filled with cocaine and caffeine. The cocaine, which was derived from the coca leaf, was removed in the early 1900s.
    After tweeted to buy Coca-Cola,...
    Elon Musk: Next I'm buying Coca-Cola to put the cocaine back in
    Elon Musk: Next I'm buying Coca-Cola to put the cocaine back in
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    Merlink reacted to
    Stocks to drop, bonds up as oil surge dims outlook
    Stocks are set to come under more pressure Wednesday as the war in Ukraine and sanctions on Russia stoke the cost of commodities including oil, dimming the growth outlook and boosting demand for sovereign bonds.
    Futures for Japan, Australia and Hong Kong fell after Wall Street and European shares retreated. Australian debt joined a global rally in fixed income th...
    Wall Street Today | Commodities jump most since 2009 as Ukraine war threatens supply
    U.S. futures sink, oil up as West isolates Russia
    U.S. equity futures slid, bonds rose and oil surged Monday amid heightened market uncertainty after Western nations unveiled harsher sanctions on Russia for the invasion of Ukraine.
    $S&P 500 Index(.SPX.US)$ contracts lost more than 2%, while those for the technology-heavy $NASDAQ 100 Index(.NDX.US)$ tumbled some 3%. Crude oil surged in excess of 7% at one...
    Wall Street Today | EU will fund arms deliveries to Ukraine and hit Russia with new sanctions
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    It's a tradition for the Chinese worldwide to send new-year greetings to relatives and friends during the Chinese New Year. From what I observe, those who send the most heartfelt new-year greetings typically receive the most red hongbao.
    Agree or not?
    Time to upskill, buddy! Pick some of the following CNY greetings and impress your relatives right now!
    We've prepared a small lucky hongbao for all of you at the end of this...
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    According to the principle of value investing, people should pick stocks that appear to be trading for less than their book value. Which means buy when the stock price drops. There's another group of people who trade oppositely. They follow the market trend to buy and sell. The more a stock price has risen, the more they buy-in.
    So which way is more "right"? The fact is, the reality is all grey areas. There are very few black and white answers. Don't rid yourself of ideology and narrowness. There are hundreds of ways to get rich if you stay open-minded. Different methods can be used in different scenarios. 
    Choose your stand plz~ 
    Let's take a look at some examples:
    @Carry only: $AMC Entertainment(AMC.US)$
    @UFTWY: What a year it has been $GameStop(GME.US)$ $Virgin Galactic(SPCE.US)$
    @102497462: $XIAOMI-W(01810.HK)$
    @gooup8: The future beckons. With conviction,we hold
    @Lily Swanberg: $AMC Entertainment(AMC.US)$ welcome on board to the new ape nations who bought at 22!! We have add more last week!! United we can make history…
    @Deezy_McCheezy: $AMC Entertainment(AMC.US)$ I'll just twiddle my thumbs
    Who has their new NFTs here????
    @Smart Jerry:
    @Warrens Buffet: $AMC Entertainment(AMC.US)$
    @demntia: Let's get ready for the fake squeeze $AMC Entertainment(AMC.US)$
    Christmas is coming~
    @Peak Mountain: $NIO Inc(NIO.US)$ we're going up......
    @gooup8: $Society Pass(SOPA.US)$
    @Jayishere: Happy holidays retards!
    This week, we'd like to invite you to comment below and tell about: How you choose your stand in everyday life? Or maybe you don't?
    We will select 20 TOP COMMENTS by next Monday.
    Winners will get 88 points by next week, with which you can exchange gifts at Reward Club.
    *Comments within this week will be counted.
    You may post:
    A related meme in gif or jpeg 
    Your real-life experience
    Other creative ways to show your sense of humor
    Merry Christmas to all mooers! Have a lovely holiday!
    Peace! 
    MooHumor: Right answer? There's no such a thing in the real world.
    MooHumor: Right answer? There's no such a thing in the real world.
    MooHumor: Right answer? There's no such a thing in the real world.
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    $Singtel 10(Z77.SG)$ guess low today due to case in Australia...
    Picture
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    2021 is an unusual year for the stock market. Despite the worry of inflation and pandemic, the US stock market is on its longest bull-run in history. Kicked off with the mania of WSB, the market keeps heading north and ends at nearly all-time highs.
    Event 1: WSB Beat Hedge Funds
    Date: Jan 2021
    At the beginning of this year, a group of millennials revolved around $GameStop(GME.US)$, a retail company that struggled with selling video games, to fight against hedge funds. After WallStreetBets pumped GameStop's stock price to unprecedented heights, some institutional investors who shorted the company's stocks almost bankrupted. Following the rule of "Go big or go home", WSB turned to other "meme stocks" such as $AMC Entertainment(AMC.US)$ , whose stock price soared by 455% in Q2.
    Mooer's takeaways: What makes you profit or lose from the market?
    @GT1982 shared two lingos in particular:
    1) DYODD
    Do your own due diligence as always. To summarise this, it means never copy or act on an investment idea based on hearsay without studying the company first.
    2) FOMO.
    Fear of missing out. Many investors, new and veteran alike, are guilty of this. Very often this leads to a painful loss. In short, do not chase a stock just because many are doing it. Study the company fundamentals first which essentially is related to lingo No. 1.
    View More>>
    Event 2: Global Chip Shortages
    Date: May 2021
    The global shortage of microchips has become a severe problem in 2021. The gap between insufficient supply and surging demand causes dilemmas for companies desperate for chips. Semiconductors are necessary for cars, PCs, smartphones, etc. Manufacturers of these products are facing an unprecedented situation. However, a crisis for one could be an opportunity for another. Since the market crashed in March 2020, the $PHLX Semiconductor Index(.SOX.US)$ has more than doubled.
    Mooer's takeaways: What is the "DNA" of technology
    @HuatLady said:
    In this millennium, our reliance on the use of semiconductor for technological advances is undisputed worldwide. Automobiles, smartphones, home appliances and wireless networks depend heavily on the use of semiconductors. This is what "makes the world goes round", and is the "DNA" of technology.
    The key challenges are:
    1) The inability to meet the market's demands. Since 2019, there is an acute shortage of chips' supply globally. These high demands for chips may stretch into 2023. This will incur a 27% loss if there is a 3 months' delay in manufacturing.
    2) Hence the cost of manufacturing may not meet planned budget. After weighing through both the positive and negative aspects of semiconductor investment, I opt to follow my heart and favours the trading of quality semiconductor shares as a long term investment.
    View More>>
    Event 3: S&P 500 Doubled amid a Pandemic Dip
    Date: Aug2021
    In August 2021, the $S&P 500 Index(.SPX.US)$ rallied 100% from the pandemic dip since March 2020, becoming another milestone for the US stock market.
    Mooer's takeaways: How to invest at a market high?
    @Dadacai said:
    There is a possibility of market correction and funds being stuck when investing during market highs so my approaches are as follows:
    1) Choose stocks I have confidence in and don't mind holding for the long term.
    2) Split the purchases into 3 or more lots at different timings to average out the cost.
    3) For intraday trading, choose stocks which have a high volume of trading and set a stop loss.
    4) Don't invest what I cannot afford to lose.
    View More>>
    Event 4: Metaverse, the Next Generation of the Internet
    Date: Oct 2021
    Metaverse is regarded as the next generation of the Internet by some institutions. It's a can't-miss concept in 2021 that may lead to an investing buzz in the next decade. To attract market attention, tech giants have laid out their versions of the metaverse. On October 28, Facebook $Meta Platforms(FB.US)$ officially changed its corporate name to Meta as part of a major rebrand, shaking off the social media by launching new strategies to go "all in" to the metaverse.
    Mooer's takeaways: Are Metaverse and playing games with VR the same?
    @NANA123 said:
    The reason why people distinguish the virtual world from the real world is because the virtual world generated by the platform-style Internet at this stage cannot carry people's asset rights and social identity. The identity achievements and assets acquired by people in the virtual world are in the hands of platform operators. If the operator chooses to close the platform or close the account forcefully, everything you've gained on the platform goes up in smoke. However, the rapid development of blockchain technology in recent years has derived a decentralized Internet form, which effectively guarantees the transparency and certainty of the virtual world rules generated under this form.
    View More>>
    Event 5: EV Mania
    Date: Nov2021
    On October 21, $Tesla(TSLA.US)$ released the 2021 Q3 earnings that beat the market's expectations. Its stock price increased by 22% in a week. When Tesla's stock price hit a record high of 1243.49 dollars, the shareholders started to buckle up. Meanwhile, other EV stocks were also growing fast. Rivian, a rival of Tesla, saw its price soared by 120% five trading days after it got listed. Lucid also yielded good results.
    Mooer's takeaways: How much risk are you comfortable with?
    @HopeAlways said:
    The stock market appears to be giving incredibly high valuations to EV stocks, whether the companies have proven themselves effective manufacturers or not. As with the EV stocks, there will be winners and losers, and these investments seem to belong to the more speculative portion of a stock portfolio. Understanding individual risk tolerance level is an important step in determining which EV stock is suitable for investors.
    View More>>
    Which event do you like the most? Does any of the events above ring the bell?
    Feel free to leave your comments below!
    Click for More>>
    2021 in Review: Events of the Year (WSB, Chip Shortage, EV Mania)
    2021 in Review: Events of the Year (WSB, Chip Shortage, EV Mania)
    2021 in Review: Events of the Year (WSB, Chip Shortage, EV Mania)
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