NVIDIA tokenized stock FTX
As crypto continues to become more and more common as a tool for investment - what do you think the makeup of a crypto index fund modeled after S&P Index Funds would look like?
When someone says "Coin XYZ has outperformed BTC in the last N months", or ANY such "X has outperformed Y over the previous N period", turn your BS meter to high. Any such comparison is INCREDIBLY sensitive to the start and end points - by months or even days.
Nvidia: Ethereum Merge Unleashes A Tsunami Of Used Graphics Cards (NASDAQ:NVDA)
What will ETH miners mine after the merge?
I have over 500k in bitcoin that I bought with borrowed money because I listened to Michael Saylor
Nancy Pelosi's Husband Loads Up On Nvidia Stock Ahead Of Chip Bill As Ethereum Pumps 50% Within 7 Days From $1000 to $1500
Bitcoin did well but some web2 companies did better in 2021.
Bitcoin did well but some web2 companies did better in 2021.
How I 25x my BTC. With some proof
I scraped r/cryptomarkets for the top ticker mentions in the last 24H. Here are the results (Friday November 26, 2021)
What FET is the most underrated Cryptocurrency
How to invest in crypto by investing in the stock market.
How Crypto Impacts the Chip Shortage This Year And Beyond
How Crypto Impacts the Chip Shortage
One dipshit’s opinion as to why we’re going to have a very bullish autumn
The only thing riskier than owning crypto, is not owning crypto
You can trade profitably, but most of the time it isn't worth it.
NVIDIA Couldn’t Evaluate Crypto Mining Impact as Q1 Profit Hits Record
I feel stupid and I should feel that way because I am - A lesson in playing both sides
I am up 112% in my NVDA stocks so I would say that it should go down soon to go up again if economy allows it.
Anyone else selling AAPL, MSFT, NVDA and buying the crypto dips?
I have NVDA but don't have PLTR. My top 5 holding right now are: NVDA MSFT AMD TSM SMCI SMCI wasn't even in my top 10 not too long ago, but it's been quickly climbing up the ranks without me adding anything to it.
Wish i had some of that NVDA right about now
He actually did a NVDA video as well ...
Sold NVDA @ $397. MSFT @ $332 AAPL @ $174… far from the bottom but we will see…
Only -4% down on my portfolio (stocks and crypto combined) Almost double profits on NVDA PC corrupted and backup corrupted, had to format and lose 2 years stuff. Woman I was talking to literally disappeared off everything. ​ Not sure if I should be happy, angry, or sad. Send help.
At the same time how little. NVDA stock alone has a bigger market cap than all of the Layer 1s combined. It's still early
Perfect answer. And if you want to get into AI investing, buy the stocks that are linked. NVDA, MSFT, AI, etc. Lots to choose from out there.
All I can think about is what's happening to NVDA Monday
Why buy monkey Jpegs when NVDA calls do the trick..minus having to worry about devs rugpulling me ?
Stop trying to get people to buy NVDA its off topic, self motivated, and doesn't contribute to the subreddit
Yeah NVDA has been impressive this year. I’m sure our time will come though, in the mean time just hanging out and doing the odd dip buying and DCA - hoping it will pay off long term.
You gonna dump your NVDA and AMD at this point?
And the only thing propping up the Nasdaq is NVDA!
You would have made more money buying otm NVDA calls yesterday than you would ever make in crypto. Opportunities to make life changing money are around us every day. We’re too dumb to see them.
I diversified my portfolio back in January. I bought Apple, Microsoft, Google and Tesla. Just like crypto I bought into companies that I truly believe in. All have been profitable buys since January. The only one that hurts a little was NVDA, I had two chances to pick it up at ~260 and got too greedy thinking it was gonna go lower. It literally ducking moon yesterday after closing. Earning report through the moon. Maybe it’s because I’m in the green, but I quiet like being involved in the stock market too. It feels like a little less drama than crypto space, if that makes any sense.
NVDA had an impressive earnings report that's why it moons.
NVDA and AMD stocks are mooning like crazy pre-market. I wonder if ai coins will follow?
“Crypto is my only hope” You should have been playing NVDA earnings.
Constant nonstop selling…Meanwhile tech stocks like NVDA are making new all time highs
AI Stocks (NVDA) is eating Crypto's Lunch
Sold most of my Apple, Microsoft, and NVDA yesterday and today. I’ll get back in after we extend debt limit.
The Nasdaq is getting propped up by a handful of companies like NVDA because of them mentioning AI a bunch of times.
I always had this point of view. “Why would you sell?” I will tell you, when an unexpected expense comes up that doesn’t accept bitcoin I need to sell to cover the expense. For example my wife just had a health scare and after all the tests and doctors we had an $11k bill that wasn’t in the budget. Rather than put it on the credit card with crazy interest rates, I sold a little Bitcoin and some NVDA stock to cover the expenses. I did buy back my bitcoin and stock over the months afterwards (more bitcoin less NVDA as the price on NVDA is just to high compared to my entry price.) This is what Bitcoin is for.
It’s late, but not too late. I was told I was late buying NVDA stock and I am up 150%. But yeah, nobody going to get life changing money without a lot of luck.
Nvidia ( ticker NVDA). Manufacturers GPUs for mining. Yea not ASICs, but the foundation of the company is processing information with hardware and software influencing every sector in the market, not limited to, but including Bitcoin and cryptocurrency. Have been a shareholder since 2014 and it's been a wild ride. Took some major profits off the table and reinvested some of those into Advanced Micro Devices more commonly known by its stock symbol AMD which is basically the infant version of the more mature Nvidia, but may have even more potential to profit off of a new age cryptocurrency world.
Do you think wr have macro conditions for NVDA's Bull Run ? or AMD's ? There is no logic and thats where most bears get screwed when they bring technicals and logic to the equation.
Forward PE is 35. Company has grown at 50% CARG for over a decade and will keep doing so for the near future. No blue chip can match its growth and debt. It’s too cheap when you use reluctant metrics. NVDA is way overpriced…
Forward PE is 35. Company has grown at 50% CARG for over a decade and will keep doing so for the near future. No blue chip can match its growth and debt. It’s too cheap when you use reluctant metrics. NVDA is way overpriced…
So close to buying 40k when at $600. Per coin. Biggest mistake ever. Did buy at 6k, 12k, 18k and 26k, sold at 52,500 k. Still best investment ever!!! Recently started buying at 26k. Also bought NVDA, TSLA and META, stock symbols for A.I. about to EXPLODE !!!
NVDA knows how to play the game. Made a killing off of miners for years, now that the profit has dried up, they can be honest about 99% of crypto.
Not sure how shitting on the industry that you made billions on is a good business strategy. If I was a NVDA shareholder I would be pissed
NVDA will do a reversal and start praising crypto.
Used to have a bunch of ETFs and single stocks, but sold it all for crypto by now. Name of the game is to diversify, but why fucking bother with stocks when it's the the same risks, but for a fraction of the rewards. And don't give me that bullshit about volatility or whatever. And let's especially not pretend that investing in TSLA or NVDA or whatever is any different. Blue chips my ass. Not sure why I'm getting mad at you guys. But just needed to vent a bit. 🙏
Crypto has more uses than NVDA free cash flow
NVDA needs to drop off this list and many others
An analysis on CNBC said A.I. growth is ready to explode. 1,000,000 X growth by 2030 just around the corner. Nvidia(NVDA) is the leader by far but own (META) also. Most exciting investment ever.
Great answers. Thanx. \- TBH, my lengthy question was a little-bit loaded and bit rhetorical b/c I actually do believe that crypto is inextricably & surreptitiously intertwined with the legacy equities markets, traditional fiat banking systems & TradeF etc. It's difficult to prove it simplicity with hard facts & data (not sure thats a healthy thing), but there's not a lot of believable alternative explanations. The oppsing rationale (mostly from crypto degens) sounds like fantasy storytelling & gets pretty elaborate. It's somewhat well known that SVB was woven into crypto / stable projects like Circle and many other VC backed crypto projects. b/c those projects were required/motivated by the VC's to do their fiat banking with SVB & SVB wanted that business. Most crypto bro degens refuse to believe that VC's engage in this boosting conduct with their portfolio companies... (I know. I live in San Fran and am in the industry. VC do this crap constantly). I dig your TSLA example. I was thinking about that exact same example when I wrote my questions. It's the most obviously irrational & illogical valuation story in the market. Total BS. (AMZN & NVDA seem to be sharing the leaderboard with TSLA at the moment also). Thanks for the perspective.
Very interesting: here is the top 20 |Name|Market Cap| |Gold logo Gold GOLD|$12.638 T| |Apple logo Apple AAPL|$2.380 T| |Saudi Aramco logo Saudi Aramco 2222.SR|$1.933 T| |Microsoft logo Microsoft MSFT|$1.890 T| |Silver logo Silver SILVER|$1.232 T| |Alphabet (Google) logo Alphabet (Google) GOOG|$1.171 T| |Amazon logo Amazon AMZN|$947.15 B| |Berkshire Hathaway logo Berkshire Hathaway BRK-B|$665.46 B| |NVIDIA logo NVIDIA NVDA|$572.31 B| |Tesla logo Tesla TSLA|$552.07 B| |Bitcoin logo Bitcoin BTC|$469.28 B| |Meta Platforms (Facebook) logo Meta Platforms (Facebook) META|$469.00 B| |TSMC logo TSMC TSM|$455.02 B| |Visa logo Visa V|$450.77 B| |Exxon Mobil logo Exxon Mobil XOM|$433.72 B| |UnitedHealth logo UnitedHealth UNH|$432.54 B| |LVMH logo LVMH MC.PA|$419.16 B| |Tencent logo Tencent TCEHY|$417.16 B| |Johnson & Johnson logo Johnson & Johnson JNJ|$398.61 B| |JPMorgan Chase logo JPMorgan Chase JPM|$386.31 B|
I mean you don‘t need ARK to tell you to get into NVDA and stuff like that, that‘s for sure. Not all their picks are completely hot air…
Bitcoin was valuable long before any speculators came into the space. First and foremost, Bitcoin is a peer-to-peer electronic payment network that truly is decentralized and controlled by no authority. Unlike a bank or Visa, that kept declining my transactions when I tried to open up a lawful account on a gambling web site soon after they became legal in my state, Bitcoin does not censor or decline payments. Furthermore, Bitcoin settles in finality and irreversibly much faster than bank ACH or Visa. This can be a drawback in some scenarios, but for other use cases it is a huge advantage over the traditional financial system when you can be certain in 1 hr or less that final irreversible settlement is complete and we need not wait days or maybe many many days if it’s a holiday weekend. The Bitcoin payment network also has strong privacy guarantees when used correctly. On top of this, the network has proven itself resilient to hackers, withstood the test of time, and was launched fairly as a decentralized open source technology for the masses, which is in direct contrast to most other cryptos that saw Bitcoin’s success and were launched with the sole purpose of enriching some Founders who maintain some level of centralized control or authority over the networks, code, or circulating supply. So as you can see, we have barely scratched the surface here and it’s *obvious* that the Bitcoin payment network offers an in-demand useful service, not only in filling a niche area that Visa/banks can’t accommodate, but also that so-called “shitcoins” cannot accommodate either. If there is demand to use the Bitcoin payment network, well, there is automatically demand for its native currency: The Bitcoin. So you see, that is one of the main reasons why Bitcoin went from $0 to over $1,000 per coin: **Demand**. Note that this is demand that is not speculative, but demand to use the Bitcoin network. *Now comes the problem IMO…* More and more people who had no desire to ever use the payment network took notice, and this is a diverse group. Some are speculators who will just buy and hold “forever”, some are day traders and degenerates, some are institutional investors, some are people who have no clue what they are doing but just heard people were getting rich buying bitcoins… in any case, these buyers create more demand, but now it’s hard to know how much demand for BTC is due to true use case, how much is purely speculative long term, how much is purely speculative as a short term trade, and so on. Note that “speculation” need not be speculation of mass adoption for BTC prices to outperform the S&P 500 over the next decade. The speculation can simply be that crypto takes on a more meaningful role and is adopted by more people over time, and that Bitcoin retains and solidifies its leading position as “digital gold” and the safest most secure and decentralized cryptocurrency network. Now if you learn enough about shitcoins, that’s not a terrible stretch. *It would be like speculating that NVDA will retain its leading position as the top GPU manufacturer well into the future and continue to grow.* In any case, you should also be aware that Bitcoin’s halving mechanism tends to work with a variable lag, but places upwards pressure onto the price of BTC and leads to a large Bull run typically. It is sort of like an inverted yield curve—does it have to predict a recession 100% of the time? No. But *has it* done a damn good job of predicting that? Yes.
As if NVDA and TSLA aren't? Fuck Cramer.
Does anyone have thoughts on $NVDA versus $BTC and $ETH?
But most people care about the buying power of BTC in the real-world of you want to exchange it for goods and services. That buying power is indeed volatile right now. Despite this, I don’t see how volatility is an argument against Bitcoin. It is not so volatile that I get unreasonable slippage if I convert fiat or USDC to BTC and then use Bitcoin’s superior network to transact. Furthermore, for a long term investment, volatility is not the same as “risk”. Many of the most successful growth equities that have crushed the S&P 500 over longer periods of time, like NVDA as just one example, are incredibly volatile and can underperform a lot in any 1 - 2 year period. The only disadvantage is something only a moron would do; i.e., I absolutely need this downpayment for a house and it’s due to be paid 3 weeks from now and I hold that money in BTC. *Who the fuck does that?*
Bought NVDA @340. Yes, I'm an idiot.
Usually we talk about “insane” appreciation when an investment goes 10x in a short period of time. If we assume most “goods/services” cost $10 or more (conservative given inflation), OP is asking what will happen is BTC in today’s dollars go something close to 60,000x and not 10x. NVDA stock is $165/share. What will I ever do if it reaches $9.9M/share and their market cap is $24.6Q (Q = Quadrillion here), which is orders upon orders of magnitude greater than the entire world’s market cap today. *This seems like a philosopher’s question none of us will deal with in our lifetimes.* If we do, congratulations on the new-found wealth to everyone here!
Don’t buy NVDA a week before it tanks.
OP great topic award, NFA .Personally, I have lost about 2-3 thousand on the metaverse. That said OP I believe what you do but will go NVDA long calls and I have a taste < $200 USD gaming studios because it is too early. Why NVDA? NVIDIA Omniverse The platform for creating and operating metaverse applications. USD language will be how all metaverses talk to each other and can be searched. Like www. In web 2.
I guess the silver lining here is that those who are trying to exploit the crypto community are getting exposed or cornered. While it’s great that BTC could go back to 30K, those crooks like FTX, Celsius would still be operating under the disguise that everything is alright. That I’d argue would be worse in the long run. I guess these are necessary growing pains for an asset that’s still very new and highly speculative. There’s a lot of nastiness to shake off and folks are starting to understand the line between total decentralization and total regulation. I assume in the next decade or so we’ll find the happy middle point between the two. Im still very optimistic going long and sort of happy that crypto community is having an honest discourse with itself. This is time of reeling, healing and eventually growing. Lastly, this is pain not exclusive to crypto. Many folks got torched holding stocks, even ones that were deemed “safe” (NVDA, AMZN, GOOGL and META). So folks need to understand the macro environment and not make panic moves like sell all their crypto for something else that’s also in the dumps. When time comes for money to flow back into the markets, you can bet crypto will rally again.
I guess the silver lining here is that those who are trying to exploit the crypto community are getting exposed or cornered. While it’s great that BTC could go back to 30K, those crooks like FTX, Celsius would still be operating under the disguise that everything is alright. That I’d argue would be worse in the long run. I guess these are necessary growing pains for an asset that’s still very new and highly speculative. There’s a lot of nastiness to shake off and folks are starting to understand the line between total decentralization and total regulations and I assume in the next decade or so we’ll find the middle point between the two. Im still very optimistic going long and sort of happy that crypto community is having an honest discourse with itself. This is time of reeling, healing and eventually growing. Lastly, this is pain not exclusive to crypto. Many folks got torched holding stocks, even ones that were deemed “safe” (NVDA, AMZN, GOOGL and META). So folks need to understand the macro environment and not make panic moves like sell all their crypto for something else that’s also in the dumps. When time comes for money to flow back in to the markets, you can bet crypto will rally again.
I sold all of my TSLA and NVDA shares before the dip yesterday, and used all of that to buy MATIC at around .84. Feeling pretty damn good about that.
No way!!! Pelosi selling NVDA months before the crash was not suspicious at all!
I'm digging that NVDA pump offsetting the slight crypto dip in my portfolio today. Thank god I don't own any META. eeesh.
- Sold 100 $MU call options for a loss of $392,575 - Sold 50 $NVDA call options for a loss of $361,476 - Let expire 50 $DIS call options for a loss of $132,824 If she can afford that, she's probably doing really well rn
You can still invest in a currency you think is superior, and Bitcoin’s purchasing power will still fluctuate even in a world where it is the only currency. Presumably in our lifetimes a successful Bitcoin would see that purchasing power increase, so there is nothing wrong with “investing” in Bitcoin. I agree that there is a lack of understanding about what Bitcoin is and how it goes far beyond that of a mere investment opportunity, but for someone who is completely ignorant, that is all it is **to them**, *and it’s not much different than someone who knows nothing about NVIDIA’s business model, never used or owned a GPU, and doesn’t even understand what a GPU is investing in NVDA anyway*. People who are ignorant will invest. I’d rather a dumbass invest in BTC than treasury bonds tbh and am not going to chastise them.
woohoo time to load up on NVDA.
tldr; Jim Cramer has turned "negative" on Nvidia Corporation (NASDAQ: NVDA) and said he's shorting the semiconductor company. Cramer said the "Merge" of the Bitcoin-Ethereum "Ethereum" has been an "unintended consequence" for Nvidia. "They haven't been able to make the transition yet to artificial intelligence, virtual reality, machine learning. We're just not there yet," he added. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
"The public miners use stacks of expensive Nvidia (NASDAQ:NVDA) RTX 3090 GPUs" Uhh, what miners would use 3090s on Bitcoin when they can mine non ASIC minable coins for far more profit?
They bought NVDA heavy & sold it at a loss prior to this dump . They are proud profiteer's . She doesn't need the money & isn't really allowed to do anything with it , i wouldn't have a problem with her trades if she wasn't on her 18th fucking term in congress. Super wealthy always have a leg up but she's a blatant hypocrite & deep swamp leech.
wow NVDA dipped worse than crypto
Short for algorithms, they’re bots that take in all the data on a market (say, BTC/USD for example or NVDA Stock), pull in data from all sorts of sources for financial equations, scan through price action etc and use all that to compute it and then make orders in the market. Basically they trade for you. Only the players with SERIOUS money have them though.
Anyone know why NVDA is down so much compared to other similar companies?
Yes I'm sitting on some NVDA puts myself. Hoping they'll pay for a 4090 if I can get one at a decent price, or two cheap 3090s otherwise.
You are constantly deleting tweets which didn't age well, on stocks you were wrong about (most stocks). The few stocks you've been right about all are AMC/BBY/GME, and you are simply copying other sentiments hoping you are right. On the days you are wrong, half your tweets go out of the window and you are trying to save face. ​ I was wrong. You successfully pumped DTC today and sold at open into your pump. Congratz. NVDA/GME/DTC are all down today significantly. ​ >Also if I could pump stocks, then why would I ever be wrong? Wouldn't everything I suggest go up? Because you sell at open/pre-market. ​ 8 shares holders? Before you said it was 10? And what's a shareholder? You are just making up shit to make it seem like your sham isn't a sham. >How is Wall Street taking advantage of people by increasing the price? Convince WSB there is a pump coming. Rise stock price. Short into fake-rally. Make Big Bucks.
Which tweets have I deleted? I typically redo a tweet if there is a typo that I notice. I was wrong once with BBBY in that I thought it would raise higher, but if you actually follow me, you'll see me mentioning not to buy on open and to let a stock find a bottom. The goal is volatility. Look at the charts yesterday for AMD and AMC. What about the other stocks today? Did I pump NVDA, GME, and BBBY today? I done that? You previously admitted that I didn't have the reach to pump stocks, so which is it? Also if I could pump stocks, then why would I ever be wrong? Wouldn't everything I suggest go up? Also, no, I never mentioned employees. There is me working on it, and 8 share holders who are people I previously worked for. I said all of this on Sunday, you can go check it out. Also, I was in the Philippines previously, if that's what you were thinking of. I'm now back in the UK. How is Wall Street taking advantage of people by increasing the price?
Idk man. Maybe she wants to hype NVDA and AMD stock prices some more
I'm curious what the Daily has for their equities holding. My top 10 in descending order are: 1. GOOG 2. AMZN 3. MSFT 4. NVDA 5. AMD 6. TSM 7. NET 8. DG 9. COST 10. F
GOOG/AAPL/TSLA/SCHD/NVDA/BRK.B/ABNB/OXY My current long-terms, ABNB might be scratched off the list though.
Here are the indicators for free that are likely more beneficial then this silliness: * Previous session high low * Today's high low * QQQ, VIX, ES/SPY/SPX * XLF, XLE * AAPL, AMZN, MSFT, NVDA, TSLA, GOOG * 8 EMA, 21 EMA, 34 EMA Outside of those, learn to create resistance and support levels via charting. And use other fun custom tools like bookmap to show where orders are concentrated.
I trade SPY, APPL, GOOGL, TSLA, NVDA. However, all of my trades are in Bitcoin futures. I also arb ETH against Bitcoin and provide spot liquidity for CRO (market making). If you want to trade Bitcoin profitably, you need to follow the stock market and the dollar. When the NYSE is open, there's always lots of manual trading opportunities. When the NYSE is closed, algorithmic trading is the best option, especially if you want to be on the right side of bittys wild pump and dumps.
and Pelosi buys a shit ton of NVDA options before the vote, makes over $600m, and walks away without a scratch.
The amount of money I've literally just lit on fire in this dogshit market is pathetic - but it has pathetically taught me how to emotionally detach from dollar amounts & mediate wins / losses which has wildly improved my investment skills in other ways. For example - take a bucket of -43% YTD NVDA or -22% MSFT and baghold that after getting ripped for 100% on celcius or 99% on Mshare. Absolute cheese. The fact that people give a flying fuck what the market is doing on a daily basis absolutely boggles me because this literally is the time to print some god damn gains for yourself - drown out the noise. Mother made french dips , don't mind if i do ;P
Can't bet em? Join em. Already sent a message to Nancy to know when her hubby gonna sell his NVDA positions. I'll let y'all know when she gets back to me.
Why’s it wrong to buy chip stocks ahead of a chip bill? Isn’t that just buying in anticipation? Anyone can buy NVDA now too
Yes, please do not dump 1,000,000 BTC on the open market. Nancy Pelosi's husband just loaded up on NVDA stock and he would not like that.
Like the NVDA trade her husband just made right before announcing $50B+ spending on semiconductors
So the autographed sports memorabilia market is prob whatever billions per year, yet autographed sports memorabilia does not have inherent value. It has theoretical value or sentimental value, but not an inherent price we could objectively agree on. When you break down the value of a stock (vs crypto) it’ll have _figures_ that give an absolute value. You could say book value or assets minus some cost of liquidating. Assets is easiest. It’s an objective number. Just imagine the cost(figure) of all the stuff the company owns. We don’t need any charts or trading history or anything to establish this value. Add up all the planes at Boeing and the company is at least worth that right? We can agree? Now let’s do BTC. We could be here for hours, get it? The company _value_ (price) is tethered to _some number_. A figure. We can point to it and it wasn’t made up nor reliant on a past value. It’s just the price of all the assets added up. Just go with it for a sec. Assets cost money because they make something or make something easier. If planes sell for 1mil and BA has the equipment in place to make them for 800k and sell 10/year they produce in cash 2mil per year right? We have some objective numbers to work with when we bid on the price of a given company now. Putting it in extremes: imagine NVDA were trading at a price to asset ratio such that I, personally, could buy the entire company, the price to asset would be something like .0000001:1. I’d be able to easily sell it for that 1 in the ratio and I’d be rich immediately because ppl doing the math who can actually use the factories NVDA owns think “it’s currently worth at least the price of its equipment, storage, and factories.” and they’d buy it. And the price per share that would equal all those factories is thousands of times more than the price I would’ve paid. There’s no equivalent figures or prices to compare in the crypto world. I’m going on and on about “figures” and “numbers” for a reason. There are two essential components that make up a stock price (lots of things contribute but at least these two must be present for price changes): 1. whatever price we all agree constitutes fair value if the company were just vacant tomorrow and everything had to be sold off and debts paid. 2. The _expectations_ going forward on the revenue they’ll hopefully create from sale of products/services. 2 components. Now crypto: there’s no figure other than the market cap and the chart and derivative prices etc. - to use to judge a “fair value”. It’s just us arguing about whether it visits old highs (technicals) or gets used in the distant future for getting bj’s in the metaverse. There are no FIGURES to compare the market cap to. Remember above, where the NVDA price dropped low enough for me to buy the whole company and flip it overnight? Imagine BTC drops low enough for you to own every single one…who tf do you turn to to sell it and what’s your pitch? “It’s clearly worth _at least_ x” How’d you come to that _fig. ure._? If you could buy a leading company for x and x is drastically below the asset price you can point to that when selling it. What’s the “asset price” of BTC? If you had to sell it for 1bn vs NVDA for 1bn which would be an easier pitch? So you see we only have component #2 fulfilled from above, and poorly. NVDA has a revenue and/or asset figure. Crypto doesn’t. It fulfills rule #2 by being based on _expectations_ but what _figure_ are those expectations based on other than past price performance? When time to bid comes, the investors who can utilize NVDA’s assets to actually generate more money than the company is priced at, will buy it when it gets low enough that it’s demonstrably cheap. The figure for one is less than that of the other. They have proof it’s cheap. When crypto comes up during the fake auction we’re having, the investors from above are grilling you: do you have a figure on how much the BTC can make per year, and or what if they stop making that much? If we have to liquidate all of Bitcoin how much would it be worth? How much did you say it was they make per year? So: new information can’t do the same thing to crypto that it does to stocks. Theres no “news” that might change the figures used to analyze the price. The figures don’t exist for crypto. Yet. All this being said, I personally believe in blockchain technology as I understand it. It’s just that it currently has no inherent value. And lots of things stay priced high w no inherent value anyway. Remember the autographed memorabilia. No inherent value, yet not going away anytime soon. TL;DR “news” to a stock is about how the money they generate via producing goods/services might change. Crypto doesn’t produce any good or service, therefore there is only the expectations of future value. These expectations are still theoretical. The money used to buy crypto isn’t theoretical.
The only stocks I'm really waiting to buy are MSFT, NVDA, GOOGL, AMZN, AMD. Outside of that I just do indexes and day trade SPY. I'd think about JPM and some other banks after the market gets clobbered and the trash gets taken out. I've got cash stocked up for purchases when the market is sufficiently beaten down. Outside of that $10k into I-bonds will yield good interest for the next year to year and a half. I think food disruption from Ukraine/Russia and then EU/Africa will cause issues in the short-term. In the long-term I look at what Burry said and think you have mega-corps cutting spend and reducing inventory in the short-term with rising rates, but as soon as rates start decreasing there will be a supply shock due to lack of supply while people are again flush with cash - and you'll have this whipsaw between extremes at both sides of the demand equation.
Nice job on NVDA in pumping its own stock
Probably he wants to be overweight AMD, MSFT, AAPL, and NVDA because he likes those better.
How come you have an S&P 500 ETF along with individual holdings like AMD, MSFT, AAPL, NVDA? Not trying to take a jab at you, genuinely curious.
NVDA stock not very happy ...
I'm not saying you shouldn't buy Bitcoin. You just shouldn't be a 100% in Bitcoin or 100% in cryptocurrency for retirement. Ever heard of diversification? You want to put all your eggs in one basket? >What good is a 401k that’s measured in dollars decaying at a minimum 8% CPI You're not really understanding how inflation affects the stock market. When I bought my 1st share of NVDA back in Feb of 14' at $16 and change that was with USD. Inflation happens, stock buybacks happen, and what do you know as inflation drives down purchasing power it drives up stock market valuations. Inflation is baked into the stock market. Now that same stock is valued at $162, but that was after a 4-1 stock split so If you were to not with the stock hypothetically it would be valued at $648 a share. My longest held portfolio that holds Nvidia is up 3,151%. That's more gaines than my Bitcoin as of now. If you don't think there's a place in a portfolio to be earning 3,151% return, then you're about batshit crazy. Nvidia is just one example, but just that one alone has already netted me six-figure returns. >Taxes will eat whatever remains when you start drawing payments at retirement Ever heard of a Roth IRA? You pay taxes up front. Everyone should have one. It also can be used as an emergency fund in a pinch. Also ever heard of capital gaines? you have to pay these on Bitcoin. I had to pay $16,000 in taxes on cryptocurrency for this past year. Bitcoin is in a name to taxes and other assets in retirement isn't either, So not sure what you're talking about. You dont avoid taxes anymore with cryptocurrency. >Real estate might get you some cover but what are the chances that your local government won’t rob you blind with property tax I purchased in 2015 for $188.5k. It appraised during the refinance last year $430k. I only pay about $2,400 a year in property taxes. The property value will continue to rise over long term even though a short-term correction is definitely in the cards to the tune of maybe 15 or 20%. I only owe 17 years left out of the original 25-year loan, and plan on selling in another 7-10years. So I'll pay about $24,000 in taxes over 10 years, but be able to turn a profit to the tune of >$200k. Once again I don't know how you see real estate as a bad investment. Yes it has its cons, but still deserves a place in a portfolio. >. Gold might be an option I do own some physical gold that I've been buying from JM Bullion. Definitely don't fool with the paper bs, and own the real thing. I don't really look at it as an investment but as a store of value. Gold fluctuates but usually isn't super volatile, and against the backdrop and for inflation should rise. Even if it holds steady though, It protects you from inflation. And if none of this still doesn't make any sense to you then just keep your fingers crossed with your retirement portfolio that is 100% Bitcoin. You could be totally fine and I hope you are because I'm betting on Bitcoin too, but if I'm wrong my retirement is secured. If You're wrong You're screwed and have nothing to show for it.
Great news. Now my NVDA stocks are going down.
I’d have to say I’d be very intrigued…. I have only recently dabbled in the crypto space , about a year or so , but I’ve invested in the general stock market most of my adult life. I certainly have been kinda shocked by the drastic swings in the crypto space 😳 … I’m starting to get used to it though 😅 I have never had any large capitol to commit to either crypto or the traditional markets … mostly just a few thousand up to 10k at the most a few years back. I still hold a few tech blue chips … AAPL, IBM, NVDA…. and s few others , as well as Pfizer, 3m, WMT, DIS… etc… I was always told to search out dividend stocks so you can build wealth I also worked for a company that had a few upper management that spoke of Hedge Funds , but I never really thought much about it due to limited resources…. So I would be really interested to be able to reap the benefits of Hedge Fund returns , without Hedge Fund prices !! 😀
>their business is strong even without crypto mining. This exactly. With data center, gaming, healthcare and self-driving cars in addition to cryptocurrency mining the company is well diversified and has their hands in some very high growth sectors. I'm up 3,151% on my NVDA and AMD It's just getting started but I'm still up 431% on that. Both of these stocks have made me much more than cryptocurrency has, just because they're not at all speculative assets so I allocated way more to these than I have with cryptocurrency being a little more cautious.
The companies you mentioned are even more volatile than cryptocurrency because they're basically 100% tied to it but then have to worry about financial reports as well. Solid companies to invest in that will benefit off the back of crypto is Nvidia (NVDA) and advanced micro devices (AMD). They both make GPUs and SOCs that are and can be used in cryptocurrency mining. I've owned Nvidia since 2014 and AMD since 2017. Nvidia has already made me six-figure profits while AMD has made me five figure profits thus far.
Every month I take 15% of my paycheck to buy crypto/stocks. I'll keep buying. Stock markets are bleeding today and so is crypto. I'm DCAing NVDA, PLAB and BABA (stocks) and DOT, SOL and AVAX (Crypto). I don't understand how a network like DOT can be so undervalued with so many parachains getting onboard. I've contributed with the last crowdloans of EQ, UNQ and I'm already looking for the next one. SOL and AVAX are essential infrastructure for the future of crypto. It makes no sense for these projects to be so undervalued. We can get financial freedom tomorrow if we take the opportunity today.
Still think that's a smart term play. I'm about 50/50 equities and cryto. Was more heavily weighted crypo in fall, obv. Of crypto, 95% is comprised of BTC and ETH. Of Equities, 90% is in GOOG, AMZN, MSFT, TSLA, NVDA.
I wasn’t attempting to say anything is intrinsically wrong with PoS. Besides, I don’t believe it to be intrinsically bad. I do disagree with the “million little guys”’outweighing whales though is all. It’s all theoretical and has never happened in a large cap PoS chain, and there’s no reason to believe it ever will happen in the coming decades without some breakthrough in “democratic” chains or something. It would be like pointing out all those little retail investors who own large cap MSFT, AAPL, NVDA, AMZN, GOOG shares could outweigh the whales who own shares in a proxy vote. Well, no it’s impossible: You can count them up, just like you can count up the stake of the top known whales and on every larger cap PoS chain and see no way can the little guys even budge the whales. *The only time it matters (at this point in history) is basically for breaking “ties” between whales, which is at least something though*.
Buy an average house, leave $50K in cash, then diversify the rest to the following: 18% BTC 27% ETH 5% MATIC 30% VOO 10% VGT 5% MSFT 5% NVDA
Yeah and so is the whole stock market. This isn’t the first time the market crashes like this. What’s NVDA or AMDs excuse? The fed after them too?
I hedged my investment in AMD with even bigger stake in NVDA. same difference.