Reddit Posts
Bitcoin Ransom: Hackers Demand $2 Million In BTC From Chinese Electric Car Maker NIO
Hackers steal EV giant NIO users' data demanding millions in Bitcoin
NIO Stock News and Forecast: NIO continues to fall as the risk-off mentality persists
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A brief overview of the history of Currency Debasement in Latin America from the past 10 years. This is "why suddenly Bitcoin" from 3 or 4 different countries political figures...
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2 countries in Latin America adopting Bitcoin is coincidence, but 3 is a trend. I think more will follow - simple data inside this thread.
VIP sale of NioBot is completed. Presale starts today & FairLaunch soon. All presale funds go to Marketing Wallet! 💵
Bitcoin, GameStop and NIO bets turned this flight attendant into a millionaire
I will still love my husband even if he has this irrational crypto spending.
NIO (Tesla of China) is hiring Blockchain and Security Software Engineer!
Autonio NIO to NIOX Swap Info ICYMI
I recently started investing in stocks again. But, I’m thinking of closing all my positions and start investing in crypto instead
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SpaceX Dogecoin on Literal Moon | Tezos Rising to ATH | TSLA NIO SNDL
Crypto thumbs down you judge - Gold and Silver will continue to be the benchmark for thousands of Years moving forward - Follow the Facts
Mentions
>If American institutions own large portions of it, then it's not. If Chinese own large portions, definitely. So TSLA is not a security but NIO is one? I'm confused
Never thought I’d hear about NIO in this sub. They lost me some money this year.
I threw some blings in EV company stock exactly during March-April 2020. It went up 15x and I kicked my own butt not purchasing enough. NIO was my best bet. There were fear of NIO going bankrupt where I took a small chance. Went from 4.x to 60x in less than year.
I own dozens of stock across several portfolios along with dozens of crypto across several wallets. It is a matter of %. BTC, ETH, and LRC are my highest percentages. Same with BRK.B, AAPL, and MSFT. I still own a bit of SHIB and NIO in case those take off.
I keep crypto stocks in Roth IRA: GBTC, ETHE, COIN I keep regular stocks in my Non-Roth IRA: VTI, VT, NIO 401k is pretty limited for options and will be different for everyone. Mine is Fidelity Growth Fund and Intel (Long)
I am sad that I am still down a bunch on my NIO stock, once I get up a bit more I’m cashing out with minus. Fuck china man. They are too ruthless
🤷♂️ VIEs are all over the place. NIO for example is a VIE. And quality companies do dilute under a whole host of circumstances, etsy diluted prior to being added to the s&p. Anyways, everything I was describing is listed on the nasdaq, I don’t fuck with otc.
my thoughts exactly since selling NIO stock at its peak (thank god) and seeing whats happening with it now, year later …. 🥲
I sold 1 stock in my life at an ATH it was BYND I also sold a stock the day before it blew up …NIO.
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No they aren't most Asian stocks are down look at NIO, BABA
It’s not a loss if you don’t sell? We just need McDonalds and NIO to start accepting Robinhood shares for items. To the moon! 🌙 🚀
Well, these last 2 years have been very volatile for stocks too. As an example, NIO stock, which is a big electric car company has gone from $2 to $62 to $27 within 2 years. So we're talking about a 3100% increase and then a 56% drop. Bitcoin has had an increase from $5000 to $68000 and a drop to $34000, which is a 1360% increase and a 50% drop. Please note NIO is not a penny stock, it's a $50B company, almost $100B at ATH.
I'm in a tough position. I racked up some debt and Margin last year. I was waiting till this year to sell off some positions and pay everything down. This year hits and the rally is missing. I've still got some profits (TSLA, AAPL, GOOGL etc.) But my small caps (PLTR, CRSR, NIO etc.) Are smashed down 20-25%. Now I'm still sure that this is an awful time to sell. I'm sort of attached to all my positions. If I hold and this is the bottom. Than I'll be great. If we aren't even in a bear market yet.... then I'm Fd.
Acess all my investments (stocks, crypto, ETFs) and leverage on them. Buy more NIO stocks. Buy more Ocean Protocol, data will be a big deal. Buy more NGM (eMoney). Stablecoins are going. tobe huge. Buy a bag of NEOS to capitalize on the upcoming metaverse trend.
I'm just curious how do you guys divide overall investments between stocks and cryptos? I have invested in index funds and hold about $1k of eth, $1k of eth2 and $2k of atom. Rest are in VTSAX and some NIO, AAPL stocks. What's your breakdown percentage between stocks/index funds and cryptos?
Lol you lose credibility about how awesome it is for **gaming** when your main point is the ROI. You want it as an investment so you can sell it later when it pumps. That’s fine but that is not gaming. Is there an example of digital land that isn’t solely for an investment to sell later? Like you don’t play NIO or Final Fantasy for their ROI, but that’s the thing that seemingly has you most excited.
Just received Yahoo! notifications about some stocks going down (NIO, PLTR). At least we’re not alone.
NIO when it was 5$ a pop, I think? And I literally forgot to sell it when it was skyrocketing to 200$ 😂
I've got 3.6 grand worth, down from 4.5. I'm a pretty indecisive guy, think I should sell? I'd have like 200 bucks shy of 1 ETH. ETH actually has a chance of eventually being 100k+ a coin, no? For my 100 shares of NIO to actually compete, they'd have to be 1k a share someday which I'm guessing may not be as likely as ETH hitting 100k. Maybe they're both unlikely, no idea. But I think I've heard more people speculate on ETH hitting 100k than NIO hitting 1k a share and I'm sure iETH would reach 100k sooner and probably go farther than that.
Honestly having Chinese stocks right now is probably riskier than ETH at the moment. If you can sell enough for 1 ETH and hold the rest of NIO you can ride the best of both markets.
If I've got around 100 NIO shares, should I just sell them for an ETH? I'm guessing 1 ETH would have a greater chance for much greater returns in the next 10 years but wanna know what someone else would say.
BTC or/and ETH if it has to be crypto. Netflix or/and NIO if your looking for non-crypto.
Twice. Once with NIO stocks, Second with doge. ( luckily I was able to get back in to doge, at a low price)
I've heard of NIO ev cars, but not much about NEO crypto
I don't care. Threw $200 at ETH/SOL/ADA. I have like 12 stocks in my Fidelity account. That shit was blood red today. Everyone of them. Even SOFI, NIO, and my Fidelity ETF. I got those bitches to **stay green**. Fuck this. Fuck that. I am going like 70% crypto, 30% stocks. I am young-ish. I see zero reasons to be scared. Crypto is going up just like stocks and my returns are better on crypto. Maybe 60/40. My balls aren't that big yet.
Except NIO, the rest of Chinese stock, coin, companies are truly scam, overvalued, and run/profit of us in the USA. Tether is one of that!
NIO, LTC and REQ where my close escapes
I got nothing but NIO stock lol
He shat all over NIO.....then they blasted off.
Yay! A free NIO! Just drop it off in my driveway
Baba, JD, Li Auto, NIO, just add the whole fuckin crypto market to the list. China really pissing me off
NIO, i guess Chinese electronic vehicles could do better imho..
Looking for some advice on what to get an initial invest in. I currently have $210k in cash sitting in a savings account. Most of this money will be used as a down-payment for a house I will be building in the next 18 months. I currently have a small amount (~$5k) in NIO stock. It seems that btc and eth seem to be the go to coins for someone looking to get their toes wet in crypto. Am I correct in this assumption? Any suggestions or info are greatly appreciated, thanks!
Its the same strategy I take with stocks though. Weed distribution and growing equipment companies before federal legalization in America. NIO, XPENG, in the electric car race, Ark ETFs. ...It all investing. I don't think I have ever seen a better opportunity in terms of Risk vs reward than Cardano. The ecosystem will grow, that is a fact. If it succeeds then 50-100 an ADA in 3-5 years isn't crazy as all. It is organic growth. The next cycle tells the story. The kicker for me, is that ADA grows at 6% APY in your private wallet and its unlocked. AWESOME. An investment that grows and has potential?! Now on the other hand, it fails to deliver. NOTHING is built that works, they don't go live with the contracts they have made in Africa, they don't flourish, it becomes a dead coin. Which do you think is more likely? It was in the top 10 in 2017 NO PRODUCT, it was in the top 3 in 2021 NO PRODUCT, now that it will have a product what will it be in 2025? Are you willing to hold and take that risk for potential gains that could change your financial status and life forever, or are you going to listen to jackass traders on telegram, reddit, and twitter talking about what will happen tomorrow.......
Absolutely true. On the securities side, markets outside of countries will often list securities from other exchanges (such as NIO from China, or VW from Germany). The thing is, these markets all use “prime brokers” (banks) to facilitate this stuff. Dont really need to go much further than that. Plenty of documentation and court cases showing banks manipulating shit.
Make sure to watch this video on NIO stock guys!! Big things are coming for sure! Only need to be patient really. Check it out and don’t forget to like, subscribe and hit the notification bell so you won’t miss anything. Click on the link below! https://youtu.be/0a2_hEEH_X0
Make sure to watch this video on NIO stock guys!! Big things are coming for sure! Only need to be patient really. Check it out and don’t forget to like, subscribe and hit the notification bell so you won’t miss anything. Click on the link below! https://youtu.be/0a2_hEEH_X0
Make sure to watch this video on NIO stock guys!! Big things are coming! Only need to be patient really. Check it out and don’t forget to like, subscribe and hit the notification bell so you won’t miss anything. Click on the link below! https://youtu.be/0a2_hEEH_X0
Did i set myself up and sold my NIO to put it all in SOL… possibly… do igaf… nope…
I'll admit i have stocks locked in their app, honestly just don't want to pay taxes swapping to my other account. Haven't traded with them in years because of everything but probably gonna wait a while to cash out on my NIO.
Hmm.. do I buy NIO or NEO? Matrix, help! Blue or red pill
Sure, any time a stock splits (off the top of my head Apple and Tesla both ran up preceding the split and then dropped down to, -3 percent for Apple and I forgot how much for Tesla but it was negative, right after the stock split even though a stock split is usually a great thing for investors). Another example is when a company (NIO comes to mind) exceeds expectations for the quarter. The price will rise up before the announcement and dump afterwards even if the results are good. The thing is though you'll never really know if it'll dump or continue to rise, because half the time when a company exceeds expectations the price will keep going higher. It happens so often they even have this as an article. [Article.](https://www.investopedia.com/terms/n/news-trader.asp)
I'm considering NIO. On the downside it will have a lit of competition. And is it based in China? Some xrackdown by Chinese government on companies listed on American stock exchange which may cause difficulties for them down the line. But yea I might buy in a little speculatively.
Better to sell my small amount of ETH to buy NIO shares ?
NIO for example has tripled in 1 year. Tesla doubled in a year too, but now its down. CRSR the same. There are certainly example. But I agree, ETH has the potential too, more than double maybe!
Lmao u are an idiot but it’s ok. I’ll laugh at u when I cash in on my 3k shares in Mara and riot as I’m driving in my NIO ET7 when btc is over 100k. Clowns 🤡
I think you should suck it up and use Coinbase Pro for lower fees. More money to DCA with and learning along to have will power along the way. If your plan is to consistently DCA, then only check the charts when you are ready to buy in again. I DCA when we start to have a bear market and the prices are plummeting. I did this with NIO(stock) and EOS. I got my average price of stock/coin to be so slow be sure I would put 50$ in then the price will drop by 10% then I'll double my amount I DCA'd with originally. I will keep doing this untill I see an uptrend, then I'll sit on it and hold, keeping my average asset on the low. While those assets are hodling because of a bull market, that's when I will start to research different cryptos and make plans to invest in them.
Get yourself a tesla or NIO man, f*ck lambos 😂
Early on I diversified in ETFs and stocks like NIO. Not as exciting tbh, mainly into crypto now
Interesting experience. I had a similar experience as well. I do lot of stocks and crypto. We have a closed group office circle (which includes my manager and some colleagues as well). I kept on recommending them BTC, AMD, NIO etc stocks 3-4 yrs back. I invested lot of money there and now returns are in millions. One day we were chit chatting and it slipped from my mouth that I have 1000s of shares and millions and from that day I've seen people changed their attitudes. Infact my manager said to me once that you dont need hike because ur stocks must be doing well and I had a heated argument with him straining long relations. Lesson learnt, Do not share with anyone about your money. People usually do not like it. As you mentioned most people want you to be like them.
With that mindset no one should ever try and emerge in a sector with competition already. Don’t invest in NIO because there already is TESLA. Just makes no sense, this is an emerging product that will compete in the space. Sure there are other verified offsets sold by other companies, but that doesn’t mean no companies will use our offset. There are benefits to the credit being a crypto and companies will see that. There is plenty of carbon to go around in this emerging market:)
No Dude, I am holding with avg of $25K. Will Hold for long. I am mostly in stocks holding NIO @ $6.5, AMD @ $14, Nvidia @ $59 and many more. I have kind of learnt now how media manipulates the news.
I feel you bro... I was in similar situation few years back when it came to stocks. I had a nice group of friends whom I suggsted to buy AMD and NVIDIA in 2016 for 1/5th the price and they constantly laughed off me. I suggested them to buy the stock multiple times but all they did was laugh or say 'You are too young to understand the market' Well fast forward I bought 4000 AMD and 500 NVIDIA. I am sitting on over $700K in profits now but I still bad about their behavior. PS: We all were on same team. Tech guys in Cali. My friends were 2-3 yrs senior to me. The hardest part is not fighting your enemies, It is the fight with your friends who never understand you... Btw I did the same thing with NIO(Bought it at $6), Suggested my friends too. They bought but panic sold as well. Times like these show who is ur true friend and who takes u seriously.
ShibINU, NIO, eth, matic, solana , safe moon
I got into investing in general last year (around the time of the crash) put some munnies down on NIO, took it out with 10% profit and the finished my journey with trading in like 3months. If I left the munnies there for a year it would have been like 1000% profit. Now im back to buying stuff here and there again (stocks and crypto) and decided to ignore all the red and hope for the best long term instead of panic selling or smol profits.
Definitely though Tesla numbers are still high there. I own NIO stock because battery swapping is badass.
I think they're moving towards NIO instead of Tesla
https://www.google.com/search?q=fortnight&sxsrf=ALeKk027xjoqtjVkZmcx-9k9-hiRmrWX9A%3A1625794727914&source=hp&ei=p6jnYNX6NIO5tAaV6oCgBg&iflsig=AINFCbYAAAAAYOe2t1i-OR05fERUuJ0hgbSvvBT5\_Fuw&oq=fortnight&gs\_lcp=Cgdnd3Mtd2l6EAMyCgguELEDEAoQkwIyBQgAELEDMgUIABCxAzICCAAyCggAELEDEIMBEAoyBAgAEAoyBAgAEAoyBAgAEAoyBAgAEAoyAggAOgQIIxAnOgUIABCRAjoKCAAQsQMQgwEQQzoICAAQsQMQgwE6BAgAEEM6BAguEEM6DQguELEDEMcBEKMCEEM6BwguELEDEEM6CwguELEDEMcBEKMCOgUILhCRAjoKCC4QxwEQrwEQQzoKCC4QxwEQowIQQzoICC4QxwEQrwE6BwgAELEDEEM6CgguELEDEEMQkwJQrARYpg1g2g1oAHAAeACAAaQBiAGRB5IBAzMuNZgBAKABAaoBB2d3cy13aXo&sclient=gws-wiz&ved=0ahUKEwiV6u2p7dTxAhWDHM0KHRU1AGQQ4dUDCAg&uact=5
I originally had 250k in 2020 in a joint tenant account. Then I got lucky trading stocks I got in early on like NIO and PLTR, and was able to reach an ath of 960k in Feb 2021. Then is was all downhill from there. Also I paid capital gains taxes so yeah, big chunk of money just taken from the government there.
China isn't exploiting US citizens money.........no one is forcing people to invest. You make a choice when you buy a stock, if it is a shitty pick you reap what you sow. DIDI was a bullshit pick, a knockoff UBER. If the investor did a moment of research he/she would see that China is not heading in that direction. They are headed in the direction of NIO, XPENG, LI, automated cars.....and EV that they are funding. You can't blame ICP for being a shit coin, but you can blame the morons who fomo-ed into a project with terrible fundamentals and ZERO history...
This is why I bought NIO. China won't fuck their own Chinese Tesla copy cat.
Thats why you don’t buy IPOs when they first come out. 360 dollar coinbase IPO, wait one month 220. AirBnB the same. Investor 101. Only invest in Chinese stocks backed by the government. NIO, XPENG, EHANG.
Agree with on the sentiment towards China. F the CCP. But NIO is a great company. Revolutionary battery swapping tech.
I have .... NIO and I'm up a lot on it. I just don't have a lot of money to do much else right now
>NIO 1. i don't trust Chinese stocks and i don't trust the financial statements coming out of China. So that's that.
Exactly! I'm still kicking myself for not taking a more permanent mindset on NIO (stock) during the big tech reversal. I think that seeing losses and having the fear of bag holding are powerful ways to rock us out of our faith in something! Has VET been a good trade for you in the long term so far?
Why FTSE100? Wont you get better returns with NSDQ100 or S&P500? And why do you believe so much in AMD and NIO you'd put 60% in them?
Me personally. 20K crypto 60% ETH (staked for 7%) 20% Cardano (staked for 7%) 10% Cake (staked for 110%) 10% fun (whatever you want) 20k traditional stocks 30% AMD 30% NIO 30% FtSE 100 10% Fun (whatever you want. I chose coinbase) I have a degree in financial management. But not an advisor. This is my general distribution of assets based on personal research.
Hats of to you sir, Reminds me when I got in AMD at $13 and NIO at $6. I used to get up every morning with FUD articles, shitty media talks trashing them. Held on for 1- 2yrs and now 4x times the profit. Never let the FUD get to you.
Any good EV stock options ? I have NIO so far.
I almost bought a NIO logo t shirt around December 2020 when it was hyped, seeing as it lost 50% of it's value seems like a good choice to not buy it.
AAPL, DIS, XOM, TSM, PLTR, NIO, REMX, NAT, MNMD currently
How about this. Don't assume you, a random Redditor, knows any more about what is going on and the future of this space as anyone else. Your shitcoin, is someone else's treasure and visa versa. That is what investment is. Someone told me NOT to invest in NIO at 14 bucks because China blah blah blah blah (insert fud and preachy bullshit just like this post). It turned out to be an amazing investement with a bright future. It is the same for say Shiba, an ERC20 token that someone thinks has value. Who knows.....maybe that coin will push up in 3 years? You don't know......no one knows. Maybe Cardano will eat ETH's market share, and sundaeswap will be preferred over uniswap as people use the ERC20 convertor to move over to Cardano? Maybe Ripple will win the lawsuit and XRP will become a household name after Ripple IPOs?! Who knows. You don't. This whole space is a gamble because it is emerging tech. This post is redundant, opinionated, a condescending....WTF do you know that someone else doesn't.
I only started buying Bitcoin in April, and the more I read and learn about it, the more I’m mad at myself for not having looked into it earlier! I remember that I first heard about it in 2008-2009 (!!!), when I just moved from Russia to the UK. One guy tried to sell a few thousand of bitcoins because he really needed the money. He said - I still remember that thread on a Russian immigration forum - that one day every bitcoin will cost 2000 dollars, and he wouldn’t be selling if not for the circumstances. He shared a link to the white paper, how to register on chain, all that. Omg the amount of shit he got from the others! They’re saying he’s a fraud, a loser, a conman. Glad to say I wasn’t one of those people, I didn’t understand one thing about Bitcoin at the time, I didn’t even click the link. How stupid! Two years ago was another attempt - I asked someone, so how do I buy a bitcoin? And he told me, oh, it’s very expensive! You can’t buy the whole coin, it’s … bucks now! I was like, whaaat?! I am not going to pay that for some Bitcoin. Last year I started trading stocks, and it’s on Webull, and I asked my bf - what if I buy bitcoin (I still hadn’t researched anything about crypto at the time?), and he said “don’t even think about it, it’s so volatile, you’ll lose everything”. I did lose 30% of my deposit on stock tho 🤣🤣🤣 Finally, after all my growth stocks went to shit (PLTR, NIO, TIGR, MOMO, you name it) this February, somehow, MIRACULOUSLY, I decided to learn about crypto! Elon Musk and all that publicity he drew towards crypto finally made me learn about it! Yes I’m n dip shot with Bitcoin right now (my average is 49K I think), and with Ethereum, but I’m not selling! The key is to have the strongest conviction and take time and learn about it. I never believed in either of those stocks. I sold them all at a loss and I don’t regret it. I’ll buy bitcoin on Webull on the last dip (I’m expecting it to get to 24800), sell on the high, cash it in, transfer to my Binance and buy it properly, so that it goes to my cold wallet. How stupid is that, that ppl buy it on Webull or Robinhood? It’s just beyond me. PS: I don’t believe in Musk at all, I think Anonymous nailed it in their recent video.
We need to dump Tesla and buy NIO
When I'm rich in crypto, I'll buy a NIO. Out of principles. You can shove your Tesla's up your... Emerald Mine 👀
I am: Long NIO short Tesla NIO to mine btc ;)
Haha that too but I’m serious. China last month quietly banned Tesla’s from parking at certain govt offices bc they said the cars might be enabling spying on Chinese officials. That commie country would much rather their domestic EV suppliers like NIO and XPEV succeed rather than Tesla and the douche bag Musk knows the commie govt is turning against him so he will do anything to please the CCP
Elon just tweeted a meme gloating about how the (Bitcoin) price dropped. This is it, I’m selling my Tesla shares and buying NIO!
Stock Prodigy Who Found NIO at $2… Says Buy
Elon is a weak kneed little bitch! NIO ALL THE QAY!
They actually already have a few companies making cars very similar to Tesla. Check out NIO and XPeng.
Absolutely NOT TINFOIL HAT. Most likely…he’s desperate to not be Jack Ma’d by the dirty commie Chinese govt. Did you see that the CCP banned Tesla’s from parking in certain government facility parking garages and lots claiming Tesla was helping the west to spy on China through sensors and cameras in the cars? Barely made the news. Commies in China have stolen the intellectual property of everything they’ve done. Do you really think they are going to let Tesla sweep the Chinese market when the government itself has already financially built and supports NIO, XPEV and other domestic producers? They want to eventually build a domestic airline manufacturing base too. They chafe at Boeing too…why do you think the 737 Max is still grounded in that disgusting commie country too?
GME, AMC, NIO, TSLA, Bitcoin, and Doge, are constantly making headlines, and usually talked about in the same mass media articles. And it all comes back to Reddit. Imagine when the mass media finds out Reddit had its own cryptos all along....
I am thinking about selling 50% of my NIO and 100% of my PLTR at a $2k loss and spread the proceeds evenly between BTC, ETH, ADA, LINK. Good or bad idea? Should I go heavy on any coin over the others?
It seems that your comment contains 1 or more links that are hard to tap for mobile users. I will extend those so they're easier for our sausage fingers to click! [Here is link number 1](https://imgur.com/gallery/4IMydAK) - Previous text "FB" [Here is link number 2](https://imgur.com/gallery/KUbCzyN) - Previous text "NIO" [Here is link number 3](https://imgur.com/gallery/ucCmYAY) - Previous text "SPY" ---- ^Please ^PM ^/u/eganwall ^with ^issues ^or ^feedback! ^| ^[Delete](https://reddit.com/message/compose/?to=FatFingerHelperBot&subject=delete&message=delete%20gzd2o68)
It’s because it has a negative beta. I know you may not love the sub but here is someone post over there that breaks it down. Edit: cannot share link because this sub auto removes superstonk urls now so had to repost this without link. Search for one with the title: “OBV and Beta definitively show that the price is heavily suppressed and that GME is the ultimate hedge against market volatility” > **Beta** If a stock has a Beta value greater than 1, it's price will move in relation to the market's movement, but to a greater degree. If a stock has a Beta value lesser than 1, it's price will still move in relation to the market's, but to a lesser degree. It's rare, but a stock can have a negative beta, which means that it has an inverse relationship with the market. > Most stocks hover around the market value. Best buy is 0.82, Amazon is at 1.11, that sort of thing. The stocks within the market as a whole typically move together. > [Lowest 5 Beta stocks of the S&P 500](https://www.suredividend.com/low-beta-stocks/) [FB](https://imgur.com/gallery/4IMydAK) [NIO](https://imgur.com/gallery/KUbCzyN) [AAPL](https://imgur.com/gallery/e8smoN5) [SPY](https://imgur.com/gallery/ucCmYAY) [Here's GME](https://www.infrontanalytics.com/fe-EN/34916NU/GameStop-Corp-/Beta) -5.62... Not just 0.069, not -4.20, but -5.62
Hello, yes I have? Does the price of NIO go down because some guy is pissed off at another guy so he sells a big stack to tank the price by 50% in one week? No it doesn’t! It drops because of battery shortages or more lately semiconductor chip shortages and the company physically can’t complete the volume of cars they forecast to complete in the next X amount of quarters, thus less profit, investors not being happy with potential returns so they move their money elsewhere. My argument was that some asshole sold bitcoin because he wanted to liquidate some other asshole, which then tanked a whole other 3,000 cryptos. NIO going down will not affect Wallmart or Nike or Coca Cola (I’m naming stocks because NIO is a stock). Bitcoin however affected ALL OTHER CRYPTO. Some guy selling his bitcoin shouldn’t determine that all of a sudden that ETH is also suddenly half the value it was? Have you seen this?
I've lost over 50% on NIO and 50% on BTC but I'm holding so I really haven't lost anything. point is they are both risky and volatile
My next car will Be NIO instead of Tesla
It's the US-China tech battle plus Sinophobia that's hurting China. They urgently need money. i personally sold my NIO's,because large investors are turning China down. It's hard to be China now. That's who they are "trying" to shut down the Mining. " Trying", because we all know how China is depending on their fellow Bitcoin miners.
Its listed on the NY stock exchange I believe just like a number of other companies like NIO, JD, PDD...
Some high growth stocks are down 50% from highs, here are some that I own that are: NIO, TDOC, PLTR, LMND, NVTA, PACB, OPEN, XPEV, ZM, TWST, FSLY, TTD...