IA Daily Digest (Oct 1-2 2024) (Patreon)

Summary of InvestAnswer's Posts (thanks, Josh, for collecting)

Date: 1 Oct 2024 - 2 Oct 2024

• Bitcoin:

  • Pattern Change:

  Uptober could become Rektober if patterns change as they did in September. It seems the traditional seasonal months are shifting around a bit. Overall I am very confident Q4 ie OCT to DEC will be very positive. ⁠

  • Mini Bear:

  BTC has been in a mini bear, but IA attributes this to the ETFs. We ran up too high too early, they changed everything. ⁠

  • Trade of a Lifetime:

  IA views MSTR Synthethic Long as one of the trades of a lifetime, 19,000% returns are few and far between. It actually has spawned a new idea, called ready strike. The concept is to have powder ready and margin ready for these once-in-a-year or once-in-three-year opportunities and just sit and wait patiently for sometimes multiple periods, but when they come, be ready to strike. Sometimes you have less than an hour to pull the trigger. More details on this concept later. Just takes one trade and it is utterly life changing.

  "Ready Strike Concept: Maintaining capital and margin capacity to act swiftly on rare, high-potential opportunities."

• Tesla:

  • Energy:

  Energy is a trillion dollar business, IA wrote a paper as to why 9 months ago. ⁠ Dan Ives just came out and said AI for Tesla is now worth a Trillion alone. There you have it - FSD and Energy are 2T. Bots and Cars do not even factor.

• Solana:

  • SUI:

  IA added 50% to his SUI bag, which is now about 2% of his SOL. He believes it is worth trying to build it up on dips. ⁠The reason being SUI w MC of ADA at ATH would do a 20x - it shows you how ridiculously overvalued ADA was last bull run

  

• Beware Sociopaths in the space - CH remains completely delusional and butthurt by projects such as ETH BTC and now SOL. His chain is DEAD!

  

• Macro:

  Indian Stocks:

• IA is eyeing Indian stocks, as the potential next economic giant. ⁠

  • Equities vs Real Estate:

  IA sold yachts and rolexes in early 2020, and Real Estate has now tanked in SF. IA’s equity and crypto bags now far exceed his real estate. His Thirds ratio was destroyed by RE falling and Crypto and Equities exploding. ⁠

  • SMCI:

  IA analyzed SMCI and it had a few red flags. Many felt it was the next NVDA but the real concern was debt. Revenue and profits are growing but it isn’t attractive to IA due to the debt load.