All things STOCKS

[Thunder Good-Oil]

Similar. Dont really understand what gives it value and how to value it. Those in the PF struggle to explain that as well.

Ill invest in things I understand and can determine a better value for....

The thing that somewhat intrigues me is that (Bitcoin specifically) seems like a pretty good hedge against the US dollar. So are precious metals, which also have functionality with industrial uses and jewelry. But BTC is no longer hidden from the government. The popularity of BTC with the limited number of coins are selling points. But it’s so weird that nobody knows the complete, actual history. I have more questions than answers. Is the 21,000,000 limit proven? How do we know that there isn’t somebody with an unlimited supply that is leaking more and more into circulation? 21 million is a really small number on a global scale.

I wouldn’t touch most coins. The Hawk Tuah girl just took one to market and (surprise) it’s turning out to be a scam.

 

[Go aeiou]

Similar. Dont really understand what gives it value and how to value it. Those in the PF struggle to explain that as well.

Ill invest in things I understand and can determine a better value for....

Yeah, I think when Bitcoin first came out a lot of people thought they were going to get by without reporting gains on thier trades. It was a secret currency tax people couldn't touch.
OTOH, it appears that IRS audit/enforcement has pretty much been gutted, . People have little fear of audits. If a computer doesn't catch you---

 

[05_never_again]

Usually when everyone starts talking about her as some kind of genius it’s time to hedge or go heavy into cash.

She doesn’t have a long track record. She caught and outperformed a wave of an uptrend by picking high beta stocks and since the bull market returns outpaced the benchmarks she became a financial media personality. But the style and high volatility of her picks were hammered as COVID spread and her universe of often smaller, non-diversified (single or just a few revenue streams) tech holdings crashed. It looks like the larger, better capitalized stocks in her universe might have overwhelmed the lesser known picks. The no names have mostly moved out of the top holdings in the funds. Tesla especially was one of her major big winners. I think she has lightened that position over the last few years - probably to rebalance the funds.

As long as she sticks with the companies that she’s identified as sea change themed in a new economy, rather than attempting to time trades, I think that the ARK funds are suitable for some higher risk exposure in a portfolio. Her picks aren’t Buffett like, long term wealth building selections. Kind of the opposite. But again, there’s a short history. She hadn’t demonstrated how to capture permanent gains. She rode a wave out of the Great Recession base and took a hard dive as the economy turned and investment capital dried up. Currently it appears to me that a consolidation for another upward phase is forming.

ARK funds aren’t widow and orphan types of investments.

Cathie should have stayed an analyst. She is a horrible portfolio and risk manager; she really doesn't do the latter at all.

 

[Firebirdparts]

I wouldn’t touch most coins. The Hawk Tuah girl just took one to market and (surprise) it’s turning out to be a scam.

I think it's more that it's just fundamentally a crypto coin. It's only worth what people will pay. I don't even know that it needs to be a scam.

Give me the good ol' days when people called a meme coin a meme coin from the get-go and you weren't supposed to get mad over it.

 

[Thunder Good-Oil]

I think it's more that it's just fundamentally a crypto coin. It's only worth what people will pay. I don't even know that it needs to be a scam.

Give me the good ol' days when people called a meme coin a meme coin from the get-go and you weren't supposed to get mad over it.

I think it was a pump and dump. Insiders were selling a ton of it as it hit the market. And there was a 15% commission. Coffeezilla on X exposed it.

 

[Thunder Good-Oil]

Cathie W is a lot better than Elaine Garzarelli. EG warned about the 1987 crash a month before it happened and became a media darling. She was horrible after that prediction. She threw **** against the wall and something stuck.

Wood’s ETFs are in the new tech niche. They don’t mirror the broad market and aren’t way overweighted with the Mag 7. The funds are loaded with names I’d never heard of. Many with really high p/e multiples as well. However the more well known names have crept up into her top 10 holdings.

 

[Thunder Good-Oil]

https://cathiesark.com/ark-funds-combined/complete-holdings

 

[UTSuave’]

Similar. Dont really understand what gives it value and how to value it. Those in the PF struggle to explain that as well.

Ill invest in things I understand and can determine a better value for....

I’m learning myself but what I will say…is XRP top brass donated 5 million to trumps campaign fund and trump has appointed a very crypto friendly Guy…Xrp is on the verge of securing cross border crypto currency exchanges…all over the world..they’re trying to secure at least 10% of swift transactions and with each transaction burns XRP..so with what’s in circulation as it stands there will be no more kinda like bitcoin and how it started out…it’s wild watching it honestly and i feel like if it weren’t for the sec lawsuit they would have been a lot farther down the road than what they are now.in my opinion it’s a long haul hold for all of 25’ and beyond possibly…definitely something worth the research if you’re curious about throwing some money somewhere hoping it accumulates..just let it sit.

 

[UTSuave’]

I don’t understand crypto enough to have an opinion on the smaller coins. Ripple might be top 5 or 10 in popularity, but so far I’m limiting my exposure to Bitcoin and its derivatives and ancillary exposure. I don’t know if there’s an exchange traded product with Ripple yet. The ETPs don’t trade 24/7 like the coins, but I prefer having a little bit of SEC oversight.

I’ve mostly been following BITX, MSTR, and HOOD. I plan to add some Bitcoin ETP shares if/when it pulls back and just it hold rather than trade it.

Some posters in the Bitcoin/crypto thread in Politics can add a lot more insight than I’m capable of.

I appreciate the honesty my friend…I’ll definitely check over there..thank you again