IA Daily Digest (Nov 5-11, 2024) (Patreon)

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

Sorry I am behind on Pushing these out. Busy week.

Date: 5 Nov 2024 - 6 Nov 2024

Trading and Investing: 

• SOLPERP Trades:

IA only perps SOL to show us how to do it. He wants us to get used to profit taking - main goal. For IA, it is not about making money, it is about winning. You have to remove emotion. ⁠ He is now 16 for 16 on Perps ie 16 wins in a row. He is worried his luck will run out soon.

• 100k:

Remember, it is harder to hit 100k than 1M. Keep upping your goals.

• ENPH:

ENPH is tanking on the supposed death of green new deal with Biden. IA thinks solar will be big regardless, but he is not chasing here at low 60s. ⁠

• Selling too Early:

Two analysts, Gary Black and MeetKevin, sold TSLA in the 150 range. TSLA is now trading at $288 per share.

• Biggest day Ever:

IA had his largest day ever, up 19.14% in his main brokerage account in just 1 day.

• Tesla:

The biggest disruptive force of IA’s lifetime and perhaps ever is TSLA. Remember, under $300 is still a good price to stack. Hope this makes people feel better about buying TSLA here.

Date: 9 Nov 2024 - 11 Nov 2024

• Bitcoin:

  • Rich Dad Poor Dad:

  Rich Dad Poor Dad Author currently holds 73 Bitcoins. ⁠

  • MSTR/TSLA:

  MSTR and TSLA are not correlated assets, you have to watch macro carefully. Only swap at extremes. IA Believes MSTR will outperform Tesla up to January 2025.

  • MSTR returns:

  IA’s returns in 2 hours alone is his 56x his original MSTR investment. ⁠

• Tesla:

  • Cern Basher Projections:

  IA took Cern Basher's latest numbers and adjusted his projections and it yields a $20k TSLA stock price in 2030. IF we assume a potential 2-3 year delay in reaching those milestones, the $20k stock price could be achieved in 2033 instead of 2030. ⁠

  • Leaps:

  IA is back to thinking about more LEAPS, and he already has a ton of them. Tesla’s energy business alone is worth $330. Future is incredibly bright for Tesla. ⁠

  • Hedging:

  There is nothing wrong with selling TSLA at 100% profit. However; IA knows it is a $2000 stock. If IA waits, he will hedge it at the right time. At this time, he does not see any mean reversion. Let your winners ride.

• Solana and Altcoins:

  • ADA:

  ADA on the IA Profit taking model says sell it all - we are already through layer 10. This is the most overvalued Crypto that is just pumped by pumpers. He says it is not going to succeed as a chain. It is too slow, tech is too old, poor architectural and code base decisions were made and it has no dapps that work properly and of course zero adoption.