TSLA

JuustinB

I’m a millennial. While I’ve been into crypto since like 2016 or 2017, most of my friends didn’t get into it until 2020/2021. They’re all early/mid 30s and didn’t start investing in anything until around that time. Then they were suddenly all TSLA and Doge maxis. No interest in the greater cryptocurrency space whatsoever. Just out of the blue suddenly Doge maxis. It’s like... do you you guys only buy assets on the way down? So seeing this, to me, isn’t shocking in the slightest.

AndBoundless

I started to get into this in another thread, but I wanted to compare DCA in the SP500 vs TSLA vs AAPL, and was quite intrigued by the results. In summary, if you invested $500 monthly since 2017 you'd have: AAPL: $**66k** (About how much OP has ATM) TSLA: $**236k** SP500: $**35k** Surprised with how low the SP500 performed, and saw an annual growth rate of 6%. Then I thought, "oh this makes sense. So high risk investments can play a key role in early investing since it takes so long to grow at 6%." Then I thought about the OP's situation and thought, "what if they had sold say, when they were at 100k to move into a more stable, lower yield strategy like the SP500". Interesting results: $100k invested in 2017 in the SP500, despite only growing at 6%, with a mere monthly contribution of $25 (I did this to cover fees), would be worth **$150k** now. If you DCA'd in a median risk AAPL, or hell, crypto for 5 years, and saw big growth, a smart play looks like it would be pivoting into a low risk, low yield strategy.

AndBoundless

For fun I did it on AAPL and TSLA for 5 years @ $500 a month. 2017 -- now. AAPL: $30k invested now worth $66k TSLA: $30k invested now worth $232k Stock AAPL Initial Investment $500.00 Recurring Monthly Investment $500.00 Initial # Shares 13.674 \# Monthly Investments 60 Amount Invested $30,000.00 \# Shares Bought 429.639 Total Shares 443.313 Total Value **$66,687.57** **TSLA** Stock TSLA Initial Investment $500.00 Recurring Monthly Investment $500.00 Initial # Shares 21.988 \# Monthly Investments 60 Amount Invested $30,000.00 \# Shares Bought 822.749 Total Shares 844.737 Total Value **$232,581.32**

bry578

Yea so I sold TSLA after their first stock split and took those profits to open a crypto portfolio. I started my wonderful journey like August of 2021…. Right at about the peak of everything. I maybe saw a 10% gain before it all fell off a cliff. That hurt to watch, NGL.

Stoopiddogface

Bought my 1st Sats in 2018....Im a good case study of a new retail investor... Buy BTC at 4k after it dropped in 2018... Sold it fr a loss somehow, because I was new and panicked... Bought back in again spring 21 in the weeks after TSLA had announced their buys. Rode up some bug bull candles, got greedy, got swept up in the mania... got wrecked, took big losses... too much stress, took the L... Got into staking/Defi this Feb... Went a different direction than previous attempts. Not just HODL, but put my tokens to work... We dropped, didnt care, still getting paid... Averaged in and Im sitting just about break/even as we speak... I could say 4 years, but i was in/out... so im gonna say 1.5 yrs, Ill round it up to 2 for the poll because Ive ridden some big fucking red daily candles.

coinfeeds-bot

tldr; The $258 billion racketeering lawsuit accusing Elon Musk of running a pyramid scheme to support the cryptocurrency Dogecoin has expanded, adding seven new investor plaintiffs and six new defendants including his tunnel construction business Boring Co. According to an amended complaint filed on Tuesday night in Manhattan federal court, Musk, his electric car company Tesla Inc (TSLA.O), his space tourism company SpaceX, Boring *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Sajin88

"The $258 billion racketeering lawsuit accusing Elon Musk of running a pyramid scheme to support the cryptocurrency Dogecoin has expanded, adding seven new investor plaintiffs and six new defendants including his tunnel construction business Boring Co. According to an amended complaint filed on Tuesday night in Manhattan federal court, Musk, his electric car company Tesla Inc (TSLA.O), his space tourism company SpaceX, Boring and others intentionally drove up the price of Dogecoin more than 36,000% over two years and then let it crash."

TripTryad

Yeah he says that a lot. But I think the criticism is still valid because he shills the absolute hell out of SOL a ton. Regardless of how much he holds, when he is speaking his mind, its all SOL and TSLA over and over and over and over.

Ryuzaki_63

Well TSLA is $277 a share so if BRISE makes better electric cars then they'll be worth more /s I hope he isn't throwing entire paychecks after it lol

Canadian_high_ape

Right, i also think the people holding now wont be the ones selling soon. Im talking about institutionals, big players like MS and TSLA. We know TSLA was part of the crash in may. Bunch of paper hands little bitchs. I believe in MS tought.

gamma55

Well, no. The 1.25T quoted here is the total loss in mcap. It doesn't mean 1.25T worth of cashflow went out of stock markets. Some did of course, but the 1.25 is a consequence of heavy selling dropping the price. For example, if you sell 80 billion worth of Tesla, as in, get 80 billion dollars cash, the mcap of TSLA would drop significantly more than 80 billion. That "significantly more" is what the 1.25T represents.

gamma55

It never existed to begin with. Market cap is just the last transaction price of x shares * the entire amount of issued shares, repeated for every company listed. You can't sell TSLA for 900 billion dollars, because the price starts to drop as you sell more and more, meaning the market capitalization shrinks.

tiny_pickle9001

don't get me started on TSLA cult. tell them the obvious like Musk manipulating prices and shit... they just ignore lol.

Rvrd90

Same here except my stocks are 75% MSTR, and the rest is a combo of TSLA, CLSK and GBTC. SMH.

TiredRightNowALot

Only issue with this is that it ignores Doge surviving all previous near markets without him. I guess it depends on your definition of survive though. Mine is that it was exactly what it was meant to be for all of them. Today it is 1000x more valued than it was supposed to be, and eventually it may go back to being what it’s supposed to be. People will say it’s a fail at that point, but they’ll be wrong (in my opinion) as it’ll go back to what it is supposed to be. A fun, community based cheap coin that’s great for someone to try their hand at crypto. But then Elon may pump it up again to cover some of his TSLA drops and lawsuit losses too (if that happens). Who knows.

Geodude27051

Try r/RealTesla. Hate Elon as much as you want but he forced everyone in the industry to go electric, made reusable rockets and tries to heal crippled people with neuralink. You can hate at $TSLA as much as you want, but the company itself is a massive net-positive. Same for neuralink and starlink (spaceX).

quickhelpthxx

Didn’t he also say he was done selling TSLA stocks a few months ago? Troll game strong lol

LongLonMan

The 10K has no relevance here this chart should use the latest available financial disclosure, which in this case would be the TSLA 10-Q, which was released the 3rd week of July, in line with most of the major tech companies who report third week of the month after quarter end (e.g. Q2 in July).

HighlySuccessful

Because TSLA is a publicly traded company and SpaceX isn't? For public companies the quarterly reports are very important, if they can sell/buy assets to make it look better that's what they'll do. Private companies are entirely different beasts. For starters there are (usually) no board of directors in a private company.

moldyjellybean

Most of my solar and EV has held decently. LAC TAN TSLA etc. CHPT hasn’t though but I’m still bullish on ev infrastructure and materials

keralaindia

What? >One of the biggest hurdles for crypto going mainstream is the fact it’s not treated as a currency and is taxed. My entire point is that cryptocurrency is not going to be a mainstream currency because unlike the USD, euro, or pound sterling, it is taxed on whether it's value rises as if it was TSLA stock. This is not "validation" of anything, just an objective fact.

XChristoff

Invest in TSLA, BTC and ETH and you’ll be golden in 10 yrs

NckyDC

Let’s be realistic. The bear case Bear market not over. War not over. Inflation is still rampant. Pelosi going to rattle China is bad. Overall it seems the global economy is in recession. 2022 forget growth. 2023 maybe accumulation time 2024-2025 possible bull market coming back Now the good stuff There are 30 trillion of money looking for a home from large institutions given that Bonds are junk with this inflations. I think TSLA, invidia, Apple and Google will perform well. But right now you going to have really get through the next 12 month if you want to see where we are going. Yes BTC can go to 500K by 2030, hell it could got to 1 or even 10 million, but could also stagnate at 20k until the next bull run. No one knows.

REDmonster333

Oh shiiii, Mommy Caty going for ETH. I hope this is her TSLA like prediction not her Coinbase prediction.

brucekeller

Cathie also usually buys at ATHs and then sells at lows. Most recently with COIN, think she bought an avg of like $200 and then sold at $56 lol. Granted, some are forced sales... but man, she just got lucky betting huge on TSLA before its 2020 runup and has been riding that crazy rep straight to the church donation tray.

NerdTeacher16

Retirement (15% of mine & wife’s income, with matches from our employers, all S&P500) Speculative investment account (5% of total income. Largest holdings $TSLA, $AAPL, $O, $CHPT) Crypto investing (5% of total income. Have been investing in crypto longer, so the amount I’ve invest is far greater than my speculative & retirement accounts. Paid off student loans and down payment for house with BTC in 2017. Invest in 30% BTC, 30% ETH, & other 30% split between multiple projects, notably SOL, MATIC, Avalanche. Stake what you can & enjoy the return over time). Also saving up decent chunk of cash to buy second home in next 2 years. Wife & I love well below our means with our 3 kids.

Jeremiah-Invests

90%+ TSLA Stock <10% Bitcoin (Probably 1% give or take of ETH) Roth IRA is mostly TSLA with a combination of VTI + VXUS. With some money in savings.

KaydeeKaine

If you are buying $500 million in puts at $400 - $600 and TSLA goes up to $1200, then you are most definitely wrong. Shorting too early is no different from being wrong.

Accomplished_Mess116

It's probably a bull trap. With the whole recession, inflation, TSLA selling BTC, Fed and the whole 75 bps increase, I don't think it's an actual bull. ETH merge is closer though, on the bright side. I'm waiting for the AllianceDEX to release on the MATIC network though.

Accomplished_Mess116

LOL. Fed raised 75 bps too., TSLA sold so much of their BTC. We've been hovering between 20-23k for a very long time. There is no bull at the moment. Trading is risky because of volatility. HODLing BTC and ETH. No lump sums in, DCAing into AVAX, EGLD, LINK, OCEAN. But for the most part I'm hiding under my stablecoins. Staking on platforms like SPOOL. Controversial with the whole LUNA story but I do think USDC is a fair option, considering it's fully backed and a middleware like Spool Fi is audited.

explision

She got hyped because she called 4000$ TSLA. Gotta give her that. Besides that, pure trash investing

ZeFGooFy

His argument is “Bitcoin has no history” 1. Bitcoin is an asset with 13 years of history 2. TSLA is an asset with 12 years of history 2. Stock market is NOT an asset with 100+ years 4. Crypto market is NOT an asset with 9 years 5. Crypto market is benefiting from Stock Market regulations which are now applied to it, so even with 9 years of existence, it still has 30+ years of “improvements” inherited from Stock Market You don’t compare TSLA stock with Crypto Market! You don’t compare Bitcoin with Stock Market! You compare Bitcoin with TSLA = same age, better gains for Bitcoin You compare Stock Market with Crypto Market = same bubbles, less regulatory frameworks for crypto market - wip

zooka19

TSLA I've stopped, I said no more than 10% on a high conviction stock, it currently takes up 18.9% of my stock portfolio lol. I ended up buying more longterms tbh, gonna trade less for now. Even if I don't lose money, the amount of effort for returns just isn't worth it right now. Oil was a huge money maker, but it's cyclical.

janrew

TSLA is the one that i might buy some if there would be money left.

zooka19

GOOG/AAPL/TSLA/SCHD/NVDA/BRK.B/ABNB/OXY My current long-terms, ABNB might be scratched off the list though.

MisterTinkles

DCA into some dividend ETF? Live off of those dividends and keep investing or just yolo into TSLA

BenniBoom707

Realistically? I just compare Bitcoin to Large Cap stocks. TSLA reached $1 Billion Market Cap on its last ATH. As of now AAPL sits around $2.5 Trillion, GOOG around $1.5 T, and Amazon $1.25 T. If Bitcoin hits the same Market Cap of Apple, then it’s price would land around $150k in comparison. If it hits the same Market Cap of Amazon, it’s price is around $75k. So my *realistic* price point for BTC is somewhere in between that. Probably around $100k a Coin at some point.

ProcessMeMrHinkie

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.

Purr-box

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.

DAGCRO

Sooo glad I sold my $TSLA.

Hipsthrough100

A lot of TSLA bros in here so tough to have any meaningful discussion. TSLA wouldn’t need to sell anything if their valuation matched real life. Imagine any other corporation of that size needing to sell assets at a loss because of a port shut down, even the largest one. If TSLA was a solid as their devout fans believe then they would raise capital but big money knows they are headed to go over a Cliff in market share. Likely the same reason Elon can no longer seem to raise the funds to buy Twitter. I dunno maybe I just dislike Elon enough that it skews my view but really the guy is scum.

Savik519

I believe Coinbase was holding their BTC and TSLA likely instructed Coinbase to sell it for them. Im sure Coinbase sold it over time and had a bot that was careful to take advantage of liquidity and not sell too much at a time.

stargunner

wow, i was wrong on a lotto ER, i guess i'll never be right about anything ever again. if you paid attention AH during the actual call it went up 5% then died slowly all night. it's not my fault retail traders are getting fooled in to thinking it was a good report, they'll get greedy and get liquidated like they always do. idk if TSLA will ever hit ATH again - i don't have much faith in the company or its leadership. the reality is they bleed money, have overpriced vehicles, and will be facing more stiff competition and harder economic trials over the next few years. in no logical universe should this stock have 80 P/E especially not in this economy.

Accomplished_Mess116

Truly. I was shocked to see TSLA sell off so much of their BTC. DOGE is a meme! What does he want out of it? However, I am concerned about how this will affect BTC temporarily. I'm hiding under my stablecoins. Staking USDC and DAI on SPOOL. HODLing AVAX, OCEAN, HBAR. My biggest bag is BTC, followed by ETH but all of these other alts are affected by the BTC dominance too. Hope we wont see more reds.

RDMvb6

Please let us know if you are voting with your wallet or with your keyboard? Have you taken out a short position on TSLA? Historically, that has not worked out well for most who have tried it. I'm not a Musk fanboy by any means but the long term outlook for EVs remains really good and they are the industry leader. And the fact is that their cars crash and catch on fire far less frequently than ICE vehicles. The only reason you have even heard of Tesla's catching on fire is because every very rare time that it happens, the short sellers push the story onto their media friends for the express purpose of trying to push the stock down to make a quick buck.

beerbaron105

TSLA announcing they sold is probably the bottom signal, and I hold both BTC and TSLA

TJamesz

TSLA bearish on BTC. Guess they lost some faith in the asset, regardless of needing cash flow or not. I thought BTC is a currency? Would no one accept their BTC as payment?

rogunak

Was basically done to show $TSLA to be net cash flow positive. Simple case of manipulating the earnings report. I actually think that’s fine, this is what investments are for companies. They needed cash and they got it.

Bad_Finance_Advisor

Oh sure, that's the typical Elon blunder. But the leaked emails, memos, earning reports suggests that Elon is mad obsessed with how investors perceive TSLA and its' performance.

Bad_Finance_Advisor

Elon is indeed obsessed with stock price. He has made comments about TSLA valuations getting crashed like a souffle if employees does not perform to expectations. And he tries his darnest to paint a rosy outlook on the earning reports.

shrazzy

He sold because of China COVID. &#x200B; https://www.marketwatch.com/story/after-tesla-sold-most-of-its-bitcoin-elon-musk-says-he-is-open-to-buying-more-though-cryptocurrency-is-a-side-show-11658355686 &#x200B; Tesla Inc. sold most of its bitcoin, seemingly at a loss, but Chief Executive Elon Musk suggested Wednesday that executives would be willing to purchase more in the future while calling cryptocurrency “a side show to the side show.” Tesla TSLA, +0.80% disclosed in a second-quarter earnings report late Wednesday that the electric-vehicle maker sold three-quarters of its bitcoin BTCUSD, -0.07% holdings last quarter. In a conference call, Musk said it was because he was “uncertain” about when COVID-related lockdowns in China would alleviate and sought to maximize Tesla’s cash position. “We are certainly open to increasing our bitcoin holdings in future, so this should not be taken as some verdict on bitcoin,” Musk told analysts on a call following Tesla’s results. “It’s just that we were concerned about overall liquidity of the company given shutdowns in China,” Musk said, before adding that the company did not sell any of its dogecoin DOGEUSD, +1.53%.

Coretron

TSLA is our Jim Cramer

polloponzi

Basically $TSLA capitulated. That is clearly a bottom signal: big institutional investors capitulating.

Ghola_Mentat

And he has said that TSLA would become the most valuable company in the world. He’s also said that TSLA’s high valuation is justified. Which all just points to the fact that he obsesses over the stock price. If you don’t think it’s all about his ego, you don’t know anything about the guy. Also, you sound like a teenage girl with that literally shit.

Popular_Bet_2849

>He’s obsessed with the stock price. You must not follow him at all. He has literally said, in the past, $TSLA is overvalued. Can't take you seriously.

mimbleswimbles

Nope, just shows TSLA selling is a nothing burger.

Cranky_Crypto

Dip buyers alive and well. Showed [their hand at $22.9K](https://i.imgur.com/GofMzz5.png) following the $TSLA dump. Snatched up coins from panic sellers. YOINK!

moonRekt

When did they sell? What dip? BTC has been climbing quite steadily, i dont see the dip you were talking about. You know, for as much influence Elon has used to abuse the system, it really wouldnt be too bad if other dark money whales destroyed his wealth to bring down his power. He says TSLA needs layoffs and sell bitcoin for dark times ahead, wreck his shorts

SaintBiggusDickus

TSLA sold it in June.

frogmaxi

Buy high, sell low. Don't be TSLA

PizzaForCats

TSLA dumps 75% of their bitcoin. This cycle would have been better without Elon :/

SaintBiggusDickus

https://twitter.com/zerohedge/status/1549848633297829908 TSLA sold 75% of their BTC.

56yM34Wy

He is not, and youre wrong. It was speculated that the $500m short was $1.5-$2B cost to close out, and that was around May 5th. TSLA has only lost about 20% since then, so at the very best Gates is still at a $500-700m loss right now. Dtock price would have to go back to $350 for Gates to be in profit. But most egotistical Billionaires and Hedge fund managers don't close at a loss, they double down. So its entirely likely gates doubled down at some point, and could be closer to break even, but even that I certainly doubt.

56yM34Wy

His TSLA is already $500mil underwater, I doubt he’ll take the risk at this point.

crustycalzone

Creating more money is just like when a company creates more shares. It's the same deal. Tesla "prints" new shares all the time. The new shares are bought buy new investors at market prices, and then that money is invested in whatever the company does. https://www.macrotrends.net/stocks/charts/TSLA/tesla/shares-outstanding From 2019 to 2022, 22% of tesla shares were "printed" > When the government prints more money the value of a currency goes down. No, it completely depends on what that "new money" is used to buy. If you create money to buy booze and party, then you get inflation. If you spend new money wisely you at least get less inflation, and potentially some deflation. > 80% of the US dollars in circulation were printed after 2020. The market cannot price the national debt independent of the currency, because they are linked. Markets price currency and national debt at the same time. The national debt went from $23.2 trillion in 2019, to $30.4 trillion today. This is an increase of 31% not 80%. https://fred.stlouisfed.org/series/GFDEBTN/ Converting between cash and treasury bonds is not what matters, that is only used to adjust the interest rate. The increase in the national debt is what matters. The CPI went from 258.6 in Jan 2020, to 295.3 today. This is a cumulative percentage change of 14.2%. https://fred.stlouisfed.org/series/CPIAUCSL Meanwhile nominal GDP went from | Statistic | Jan 2020 | Jun 2022 | Cumulative Percentage Change |-----------|----------|----------|-----------| | National Debt | $23.2 T | $30.6 T | 31.0% | Consumer Price Index | 258.6 | 295.3 | 14.2% | GDP (Nominal) | $21.4 T | $24.3 T (Q1) | 13.6% So real GDP has actually declined somewhat, so we should expect another inflation year of about the same, until the national debt increase and CPI reach the same level. We will probably see a cumulative inflation of 30% from the pandemic. If the national debt increases too rapidly(from higher interest rates), this could keep going higher. Milton friedman ignored the effect of the national debt on inflation. He had a million ideas, but only one of them turned out to important: NAIRU. The idea of NAIRU, is that if you push people out of work, the people who still have jobs, will work harder. It's sort of a negative way to fight inflation, instead of trying to address the mismanagement of money, you threaten people to lose their jobs and work harder. Friedman was a 1 trick pony who was wrong on 95% of his ideas, but he had so many that one of them stuck.

NewChallengers_

What I don't understand is why everything has to be a digital $1. Make a damn digital $TSLA or $GOOG or all that, a Blockchain synthetic stock mirror market is the killer app that will take crypto to frikin mars, forget the moon 🌙. Imagine if the 40 TRILLION or whatever stock market suddenly become open to all the unbanked people of the world. Seriously how has nobody (except that DO KWAN loser) thought of this???

Cranky_Crypto

I didn't know anything beforehand. I watched and reacted in real-time. Ended up day trading some $TSLA call options during the morning rally.

ronchon

Unrestricted Quantitative Easing -when they knew it would only make the inevitable crash to come worse - was this time's bailout for the rich. Two years to cash out (imma gonna sell TSLA to buy twatter lolilol) before the music stopped and left the plebs holding the bags. 🐷

zrad603

So would a $TSLA, at least a $5k car you can get parts. Considering the average car payment in the US now is like $700/mo, even if you end up with $700/mo in repairs, you're still ahead.

zrad603

Considering how impossible it is to repair a $TSLA car, I would get rid of it before you start having problems.

Key-Conversation-677

Sell Tesla Buy TSLA

Puzzle-Board

lots of companies have done better. Just picking TSLA. 5 years to know is over 12x which is more than the 8x you mention.

Zealousideal_Leg_630

Funny but, yeah there is a huge difference in investing in TSLA. It actually generates revenue on its own while BTC and NFTs do not.

helloimpaulo

Don't tell that to $TSLA holders

GodlordHerus

BTC and ETH are not crypto. There is a huge difference He talks about BTC being similar to TSLA and ETH to another EV company. Risky growth tech focussed on present speculation based on future profitability Then just says all crypto I why saying why not just stick to BTC and ETH are like growth tech. Why put in oil and crypto

Throwaway4VPN

Wot no crypto? Nah also been buying up some bargains this week. Nabbed me some Canadian energy stocks and yolo'd a little back into AMZN and TSLA

Kinky_mofo

Diversified with 5% TSLA? Nice work, whippersnapper.

AbsolutPower81

TSLA is doing relatively better vs the March 2020 low, but that's not really the point. The point is that Fed actions have significant impact on the value of almost all asset classes, and Bitcoin isn't excluded from that.

Phuzzybat

There is a graph of montly volume on opesea so you can track its demise is real time. https://dune.com/rchen8/opensea Almost 800 million $ of monkey pics traded this month (and there are other platforms and chains beside this). What counts as dead? 800 million I think is roughly comparable to tesla stock monthly trading volume according to https://www.wsj.com/market-data/quotes/TSLA/historical-prices

lexxwern

Ethereum has one at least one critical flaw that I've analyzed. I could be wrong, but hear me out. The flaw is Vitalik. A single point of failure. Any controversy in his personal conduct will hurt Ethereum. \> "That's fair, but why is this flaw critical?" Good question. This judgement comes from my craft of 20 years that I've honed. While I'm into sales/management in recent years, I still am extremely hands on with code. Ethereum code plain sucks. It has a history of vulnerabilities that have been exploited, and there are several more vulns still undisclosed and often exploited in the wild. Compare this with Cardano (similar origins) and any credible technologist will make a fair assumption that the Cardano platform (codebase and system) are far better architected than Eth. This is not to say ADA the cryptoasset will perform better. I don't know. Markets be crazy, who knows!? \-- Back to my original point. Vitalik is 28. He is at his peak. All men, me included, who've witnessed the tide of time, know that men start declining between 30-35. This is a physical decline, a cognitive function decline and eventually a social decline. How will Vitalik manage this? Remember this happens at a biological level where certain hormones recede. This is the beauty of Satoshi Nakamoto. He eliminated the single point of failure -- himself. \-- Vitalik has time. He can setup a team and system around him, and not go the Elon Musk route. (My outlook on TSLA crashing because of this idiot is well documented). Hopefully he has a stable personal life with a sensible partner. But I look at this skinny kid and I'm half sure he does cocaine, just going my his physical appearance.

Theweebsgod

What's the TSLA of crypto btw??

Ughnotagaingal

Gates got on (like most other people) only recently. Burry has been openly short way way before, when TSLA was ATH and people were still buying like crazy.

Arcosim

Everyone is shorting TSLA because it has a ridiculous P/E ratio and Musk isn't delivering any of his promises. No semi, no truck, no FSD, only delays and more promises. Bill Gates has a $2 billion short on TSLA.

Maleficent_Plankton

> What you say doesn't make any sense. > If a coin would become 'zero-sum game' from the perspective of the investor, it would lose all value to the ecosystem and therefore the investor. So close, yet so far. There's a reason the vast majority of people outside of the crypto bubble consider crypto to have little to no intrinsic value. I disagree with them. I realize there is utility, but it's not at the level of being profitable. > The reason a crypto asset rises in price is because of usage of network, new updates, etc. That's the Silicon Valley model of entrepreneurship, similar to how Uber and WeWork operate. They're not profitable. The idea is to keep growing the userbase and keep getting VC funds. It's the equivalent of investors pumping into crypto even though there isn't sufficient profit from customers. These are considered speculative investments. You can make bets on TSLA and ARKK, but at some point, investments fall back to their fundamentals.