TSLA

AInception

Look up "Periods when to make money" by George Trich, 1883. Liquidity has been expanding and contracting in cycles longer than any of us have been alive. Each cycle is larger and more volitile now, likely due to the rampant insatiable currency devaluation/printing/borrowing (greed) in our economies. Officially, they're called economic business cycles, or credit cycles. https://www.investopedia.com/terms/e/economic-cycle.asp We are in this somewhat unusual situation where everything is at ATH simply because we are at that point in the cycle. Ie, the peak. The markets have detached from reality because there's too much money chasing too few goods, causing asset inflation across the board. Your 4000% TSLA gains are trickle down economics at work, ie this is by design. Excess currency goes into assets first. Because the first person to spend a new $1 can buy $1 in goods, but the trillionth new $1 only buys $0.20 in goods. So, each dollar rushes to the markets, hoping they're not the last. Tesla is 220x overvalued today using P/E, so to buy $1 in shares today you're getting $0.0045 in value, not such a hot buy at this point in the cycle. The market understands crypto only goes up during absolute peaks in the cycle, after all other assets become overvalued and P/E as a tool fundamentally breaks, when the extra liquidity overflows into crypto. It has little intrinsic value (nearly no revenue) other than ownership properties and merely finding itself in the same markets these games are being played in. Nobody, rightfully, wants to baghold this asset when global liquidity inevitably contracts. We all know it can and will go down 50% or more. It makes sense crypto crashes first and hardest each time the market thinks a contraction is going to happen, because it was only being used as a short-term piggy bank in the first place. Near the end of the peak, many people convince themselves we have entered a "hyper cycle" where the peak lasted so long it somehow carries into the next peak, skipping over the contraction. This always gets said, and never happens. Just to say the peak has cyclic stages of its own, delusion being a major one. My guess is the delusion gets spread most by whales seeking exit liquidity. Narratives are a part of this delusion. The formula is simple. There's going to be (for example) 50x more currency at some point in the future. Our economy will very likely not be 50x the size or 50x as productive by then. So that excess will get soaked up by real assets, including crypto. Cryptocurrencies won't have created 50x more coins so it'll lead to more money chasing fewer goods, and the price going up more than makes sense today, much more than any HYSA will net you in that time. This is people's expectation. The day the central bank's and politicians get their shit in a group and quit printing trillions of dollars to use on stock buybacks, crypto is dead -- at least, its market value will be. BTC "stores value" because we both know this game isn't over yet, not even close. These jokers might have even painted themselves into the corner at this point, now that debt so far exceeds GDP the only way out is to devalue the debt -- which will optically give BTC a high value, alongside TSLA and real estate and each other real asset people can buy using cheap debt. There are even talks about creating more US debt to buy BTC (to build a reserve) to give the debt more value. What a joke. All assets are a hedge against currency games, they all can store value. That doesn't mean they don't go down in value frequently or substantially, it just means in 20 years they'll likely have gone up -- only assuming they persist in the market for that long, and currency creation continues outpacing growth. This is why people are told to invest in equities for retirement when they're young, and not when we're old and can't afford to wait 10 years for the markets to expand for them once more. BTC acting as a 1:1 hedge against the markets never made any sense, and I've never been a proponent of that idea. It only acts as a hedge if your alternative is holding dollars. All the markets are correlated more times than not since they're all trading in dollars. BTC is, however, a great visual tool for when to be more risk on or risk off in the markets. Because of BTC being used as a 'currency mop' it shows when money is contracting a week or two before the stock market feels it, always leading to consistent opportunities to print puts on overvalued tech stocks. Inverse of when it goes up, if you see TSLA going up 20% for no reason at all, it's probably your last chance in the cycle to get some cheap BTC.

z-a-c-h--

Where would you recommend I trade and hold crypto? I’ve been using Crypto[.]com without issue but i’ve noticed it doesn’t list markets like TSLA, QQQ, NIKE, SPY, etc etc. Which are commonly recommended

JerryLeeDog

Turning 41 tomorrow and still diversified. 35% multi unit rental 35% Trad 401k + ESOP 20% Bitcoin and Bitcoin vehicles (Self cust + BTC Roth IRA + {MSTR and IBIT for bank collateral}) 8% Brokerage (TSLA + VOO) <2% Cash Bitcoin is growing in % in my portfolio and feel it'll be the biggest impact on my goal of retiring by 52.

SpaceFaceMistake

This is no flaw. This is economics macro economics of the world. What does everyone buy crypto with ?? If they start out? It’s cash or Fiat. And even THE whales put their pay checks or earned Fiat into $BTC or crypto whatever it may be. So the issue you think is an issue is not. I mean it is…. But it’s not an issue that can be like fixed via eg stopping Fiat use for crypto acquisitions.. then it’s only crypto or gold or what? Other stocks can be swapped what about digital stable coins that are pure crypto backed by Fiat or gold or digital $BTC? If we went to the “no Fiat” only stocks can be exchanged or used to aquire crypto or other crypto then people flow Fiat into the NATIVE Fiat Markets which can be used to get BTC ETFS OR OTHER indexes with $btc as a major asset in the index or portfolio. So then the Fiat goes to those markets then ACCUMULATE ANY STOCK or commodity BONDS? Maybe idk but then exchange Tesla stocks for $BTC or sell off the $TSLA for $DAi etc not a stable $ dollar Fiat but a stable to $1 crypto. Or if Dai isn’t that then the coin that is.. Then the TAX ENDS when selling OR SWAPPING either for a special crypto for “Exchanging the stocks into crypto that are exchange managed or one across the board” so when sell the $TSLA you get for the $5,000 worth $5,000 in $CRYPTOON (if you choose) can also choose Fiat but Tax continues.. so get the EG $5000 $CRYPTOON which is the only asset or one of them that can be used to AQUIRE any or many specific or even just $BTC chain coins. Which you should know what coins are on it. Know what isn’t like some If its forks aren’t even apart of the BTC ecosystem anymore as new areas they cover have become a new thing and they moved over. But imagine if this was true and we then after getting $5,000 CRYPTOON you pay the last tax on the $TSLA profit or income tax then the $5,000 CRYPTOON is treated like crypto and is crypto on whatever chain that is best maybe all of them. You then use that balance or coin to buy on market or via market limit order or swapping via wallet one coin for another. Then the other cryptos work as they work but some should be purged no JOKE. We need a purge project that checks every coin every day every minuite via AI and finds the shittest coins with scam found problems or phishing or other virus malware on website or app or coin whatever and it’s hit with attacks via white hacking to take it down or make it not possible to trade or move the coin. Not for all users but for makers the owners who may been scammed or lured have their funds removed and replaced for the same $ value and notified that eg $PURGECOIN HAS purged your abc123 balance as it’s been found to be running phishing scams and malware attacks. Please follow our “I’ve had my coins swapped to $CRYPTOON’s and got message about scam coin” article and see what you can do to stay safe. We are sorry this happened but as you know or if you want to re look at the privacy and product policy you agreed to explains this is possible in these volatile ever evolving markets within cryptocurrencys and “meme” or other “new” coins or tokens rather. They aren’t coins all new tokens are that and only become coin if it becomes widely adopted I mean EVEN DOGE COIN IS A TOKEN. It isn’t regarded as a coin as it’s to new and not fundamentally something that stays the same value. That’s why only $USDC (C for coin) is listed as a coin or if it’s another stable “coin”

arioch376

Hello fellow TSLA/BTC degen. I too once had a somewhat reasonably diversified portfolio that is now almost entirely dependent on how a Madman and magic internet money perform. It's been a helluva ride, but rebalancing is for the weak.

PonderableFire

And you could have bought TSLA stock for $15 in 2017. The latest price is $463. Stay mad.

biba8163

There are 60 Million 401K accounts in the U.S. All of them have pretty much have exposure to S&P 500 with BTC holders like TSLA, SQ and now a good percentage of that 60 Million will have exposure to NASDAQ which will have 0.47% MSTR. And fools are still chasing shitcoins.

justcallmeyou

I have the same story but with AMZN stock and TSLA stock. I made a grand on each but would've made millions had I held on to them. Moral of the story, don't sell.

Accurate_Sir625

I have plenty of money to pay it off. But I have to say to myself, if I put $150k in BTC or TSLA or MSTR, can I make more than 2.625% on my money? On $150k, if I cannot make 15% a year, than I do not have a clue what I am doing. Thats $22500 a year. I will pay around $5k in interest this year.

redeembtc

>I dont think so other than tesla with their 10k bitcoin purchased years ago There are several * Tesla, Inc. (NASDAQ: TSLA): Tesla holds around 9,720 bitcoins, with a current value of approximately $937.49 million. * Coinbase Global, Inc. (NASDAQ: COIN): Coinbase holds about 9,000 bitcoins, valued at approximately $907.03 million. * Marathon Digital Holdings, Inc. (NASDAQ: MARA): Marathon holds approximately 40,435 bitcoins, valued at about $4.08 billion. * Riot Platforms, Inc. (NASDAQ: RIOT): Riot holds around 10,019 bitcoins, valued at approximately $1.01 billion. * Hut 8 Mining Corp. (NASDAQ: HUT): Hut 8 holds about 9,109 bitcoins, valued at approximately $918.02 million. * CleanSpark Inc. (NASDAQ: CLSK): CleanSpark holds approximately 9,297 bitcoins, valued at about $936.96 million. * HIVE Digital Technologies (NASDAQ: HIVE): HIVE holds around 2,377 bitcoins, valued at approximately $239.56 million.

Rent_South

I think that too many people are expecting a crash and a long bear market. Seems to me like we'll be in a long bull with some pullbacks and corrections considering the next 4 years of US Governance.  During the past cycles, bitcoin would heavily shoot up or down depending on some news about China, Musk & TSLA, some exchange getting reckt, any kind of geopolitical conflicts as well etc. Now that the marketcap is so big, volatility is much milder...

SpaceToadD

Reminds me when I sold my TSLA shares at $19 a share and thought I was a genius making +100% on my stock. Never again.

Rent_South

Im not a fan of Gary Gensler, but Elon Musk is very much a clown. He was dropping a lot of fud about bitcoin in 2021 and sold a ton of TSLA's BTC at a loss. He can keep shilling his doggy shitcoin and stfu. In my opinion he is not an asset to bitcoin, quite the opposite he is a bitcoin winter trigger, losse cannon.

exitof99

TSLA shares

Jengabuilding

Don't be sad that MSFT didn't vote for the bitcoin reserve, they are not a hedge fund, but smart people get it. Just wait for Elon to buy more BTC via TSLA and we will have a god candle.

SnooComics5459

they're going to be on board irregardless. TSLA holds bitcoin on their balance sheet and is in sp500 so if you're buying sp500 you're buying bitcoin. MSTR will be in nasdaq 100 then onto sp500. everyone and their mother will be in bitcoin whether they want to or not at some point.

GeneralZaroff1

"plunges" as in -3.8% Like, TSLA did a $20 round trip in the last 24 hours. Weird how no one is saying it plunged.

cyger

So what, TSLA stock has gone from like $140 to $400 in like a year, and may be a greater growth story than Bitcoin going forward as it has such a great line up. Including: Full Self Driving EV vehicles, Optimus robot, and its power products

na3than

If, hypothetically, the majority of *excess* money in the economy went into Bitcoin, there would be less demand from those with excess money to gobble up residential real estate, equities and bonds just because they need someplace to park their money. Homes would be priced based on their value to the potential homeowner, rather than their value as investment properties. Equities would be valued based on their assets and income, rather than the ridiculous price-to-earnings ratios companies like TSLA have today. Bonds and debt-based securities would be priced strictly on credit quality and time to maturity, avoiding financial meltdowns like the mortgage backed securities bubble. In short, investments in everything that isn't Bitcoin would actually need to produce direct economic benefit again. The devaluation of over-inflated assets would be painful for a while (particularly for those who've sunk all their excess money into them), but the end result would be a healthier economy.

Rent_South

2021 was a 50% crash, and then a slow slow burn down to 16k. It was provoked by Musk dropping tons of FUD on bitcoin after pumping cryptos with TSLA acquiring 10s of thousands of BTC. He actually sold half of the stack at a loss later on. And some news about China cracking down on crypto miners. The environment right now is extremely different than it was in 2021. We have USD ETFs that brought a shit ton of staibility above the 60K USD level. And so many bullish indicators. In fact the 2013 crash was a 99% crash. The 2017 was a 70% crash. The 2021 was a 50% crash. Everything points to the fact that this year's pullback, if it happens, will be much milder, like 30% downturn. For example from 180k to 140k.

identiifiication

Honestly if that were the case it'd be better in TSLA

Rent_South

traditionally when you speak of a crash its in a short period of time. so the 2021 crash was of 50%. After the total FUD that Muskrat spread. Quoting some lame yahoo article: "-First, Elon Musk went back on a promise to accept Bitcoin as a payment for Tesla cars. Then, China announced yet another crypto crackdown. Finally, the public learned about the environmental impact of Bitcoin mining" Musk literally started to spread FUD about the environmental impact, after studying bitcoing for 2 hours and somehow decided he preferred DOGE, most likely because acquaintances of his got in BTC before him. And because he had been an important reason for the initial pump with TSLA that was extremely trendy in the stock market deciding to buy BTC, his fud plus the China news were huge triggers. I believe we have less paper hands now with the institutional capital, and the general stability experienced this past year is unique for BTC, also the immense marketcap makes the volatility naturally lower, and the governmental support is a very bullish indicator as well. Sell the news event have much less of an impact nowadays compared to before. My only fear at this point is that so many retail people expect a crash that it may become a self fulfilling prophecy, that and that shitcoins volatility might trigger a crash because of how fragile they are, like in 2017. Bitcoin dominance has to remain high...

Nick98368

Well I hope at least you bought TSLA and PLTR

DryGeneral990

I mean they did come down a lot. In 2022, TSLA went from 400 to almost 100. BTC went from 69k to 16k. So in theory there will be better entry in 2026 or so.

According_Tax7036

Look at all the haters lol. still shows me the top isn't in yet. You guys don't realize the fundamental technology behind ripple. This makes me more bullish than anything because for the longest time most of Reddit hated TSLA. Inverse reddit usually works :) 

throwaway92715

I kept my stock portfolio simple and stress-free, focusing on just four stocks: NVDA, TSLA, PLTR, MSTR. I bought all of these in April 2020, and held them until today. Looking back, I am up an incredible 94093205235%! I also bought AMZN and AAPL in 2002, and a house in 2010. And nothing else. That's all I bought, ever, and I never sold any of it.

Accurate_Sir625

I have 50% BTC and 50% Sol. I also own a good bit of MSTR. I plan to keep BTC forever, sell Sol and MSTR in 2025 and actually plan to rotate to TSLA. Hold that forever. Too many crappy coins to even guess what is good.

ThisIsWeedDickulous

They should all just use my bank, $TSLA

Different-Hyena-8724

I'm not denying that. I'm saying your point has already been addressed. No one here is claiming BTC is going to be used as currency. This is investing. Do you spend TSLA shares at the grocery store?

brassballs199

I keep it at around 50% but i've been in since 2017. The rest is split between my 457b and brokerage which is mostly in TSLA

azchelle677

Already sold my ETH for Sol. When sol pops will put it into TSLA

treeplanter94

Balls of steel for anyone who held onto their stacks, I learned with TSLA that I'm not built like that lol

fanzakh

Guess people coke up at parties cause it's so boring? I'd like to time the market a little so I can keep myself engaged. It's my money and I'd like to play with it a little. Yeah I did play options on some volatile stocks like TSLA in the past. Now all in with btc.

Actually-Yo-Momma

His discipline is impressive but isn’t this a non story? Like if he did the same with other tech companies like TSLA NVDA, he’d have been more gains 

Actually-Yo-Momma

I mean if he did that with NVDA or TSLA he would’ve seen even more insane gains. Is this really a post about the art of DCA? lol

treeplanter94

Good job man, you are doing REALLY well for your age. I recently sold most of my TSLA shares that I've had since 2013. I'm sitting on about 200k at 30 years old. Feels Good !

Rent_South

Man, I remember when btc's dominance was.95%+ and then came all the scams and memecoins.  Creators of cryptos who, understandably, wanted to get absurdly rich themselves like Justin Sun who just bought this banana stuck on a wall for 6 Million USD. Or ponzis like Bitcoooonnnect if anyine remembers that died in 2017.  Or simply retail investors who wanted to get BTCs early XXXXXX% gains.  Every cycle retail gets burnt on Alts, hold the bag, and get upset. While BTC stays number one and keeps breaking new ATHs.  2017 - scams and forks like BCH crashed and never recovered.  2021 - Elon Musk pumped BTC and DOGE, he had all this momentum around TSLA that was extremely trendy with financial markets, and then literally started to spread FUD about BTC and cryptos.  The negative impact of 99% of altcoins on cryptos reputation as a whole is immeasurable. The number of investors that got burnt and never returned is extremen and it ks clear that it is fueled by this thoughtprocess: "yes BTC looks nice but I want to find a project that has more potential short term profitability" and ALL of these projects have bled against BTC.  LTC was the 2nd crypto by marketcap, now it is the 22nd. When it was valued 60 USD, BTC was valued 6 000 USD, and people thought BTC had less potential profitability right ? NOW LTC is worth 90 USD but BTC is worth 98 000 USD.

Avid_Hiker98

Nice, and now this helps my TSLA calls !

Rent_South

AMZN and TSLA are not a good example in this scenario. AMZN is number 4 of top companies by marketcap value while TSLA is 8th.  In the cryptosphere you need to consider that many if not all of altcoin projects played musical chairs in the top 50 crypto by marketcap. LTC was 2nd, now its 22nd. BCH was worth 4000 at some point and in the top 5, and now is worth 400.  The only crypto that had consistency across every cycle is BTC, it started as number 1, and still is number 1, by far. 

AntiGravityBacon

If you want a reference point, SPY trades almost 50x more than ETH. TSLA is almost 110x. 

exitof99

Honestly, watch some YouTube videos to get some understanding of it all. Essentially, think of crypto similar to the stock market. You buy something, hold it to get "dividends" when possible, or sell off a portion of it when and if it hits a high point. Like stocks, not all assets pay out anything. I have TSLA shares, but there are no dividends, so I can only profit if I eventually sell. That's how most crypto tokens operate, but far easier to sell fractions rather than whole shares. There are some tokens that are Proof-of-Stake, like Ethereum and Cardano that payout rewards for simply holding the tokens. This requires an exchange that is compatible, though, and operates similar to a bank COD in which you allow the funds to be locked for a period of time in order to be rewarded. Unlike a stock market, crypto is 24/7 every day forever, so you can trade whenever. Sometimes 5am EST is has a lot of activity and price changes because the Asian traders are active during that time. So, whatever your schedule, you can jump in. Keep track of your purchases in a spreadsheet so that you can monitor your profit/loss. I've got a spreadsheet set up that refreshes every minute with the current crypto prices, so I can monitor my trades, but that involved creating a script and hosting it on my server to scrape the data every minute. For now, you can just manually enter the current prices in a column in your spreadsheet. My advise to you, currently, this is a major upswing, and I would not buy right now. Typically, the pattern has been a massive leap, then a crash, and then a slow recovery until the cycle repeats. If you do want to buy right now, put in buy orders using limit orders that trigger when the trading price is met. Split up the funds you want to invest into segments, however many is up to you, and put one buy order at the low for the day, then do some math and put the remaining limit buys at lower market prices going down.

sylvester_0

Is his shilling really a surprise? He went to trial over the TSLA "funding secured" tweet and his Twitter pump and dump attempt ended in him bring forced to buy the company.

erfarr

TSLA actually has billions in cash on their books last I checked but yeah it is pricing in a lot of growth at this price

Puppyofparkave

And I should of known Trump would of won and put calls on TSLA post election We’re all here because we’re not financial geniuses You’re in good company buddy Foresee and grab the next opportunity 🚀

treeplanter94

Nah you're good dude you made mad profits. I have been holding my TSLA shares since 2013 and in the past year or so I sold the majority of what I had, after around 1800% profit. Now I have a peace of mind, feels good to cash out man.

bars2021

Just wanted to say that there is a large part of the crypto spacee that has changed, which you may or may not know. ETFs which were offered this year have a near direct correlation with the price of bitcoin, meaning of anyone wanted bitcoin exposure, they could simply convert their TSLA, MSFT, Etc..shares to IBIT or any of the 12+ ETFs. When this happens bitcoin, and only bitcoin is bought up. This large group has no access to coinbase, Gemeni, Kucoin, Binance, etc... and they will not be converting to any other meme coins. BITW, is my absolute favorite stock ticker done or has exposure to the top 10 coins however even this has a 70+ weight(i believe) in BTC. Anyways just thought i would share that you'll likely see more bitcoin dominance this cycle because of this reason.

confuzzledfather

# Shareholder Proposal: Assessment of Bitcoin Adoption **Proposal Summary** We request that the Board of Directors commission a report, to be made available to shareholders by a reasonable date, assessing the potential benefits and risks of adopting Bitcoin as a part of the company's financial strategy, including but not limited to holding Bitcoin on the corporate balance sheet and accepting Bitcoin for goods and services. **Supporting Statement** *Introduction:* In light of the evolving global financial landscape and the emergence of digital assets, it is imperative for **\[Company Name\]** to evaluate innovative financial strategies that could enhance shareholder value. **1. Comparative Corporate Performance:** * **MicroStrategy (MSTR):** As of November 2024, MicroStrategy holds approximately 331,200 bitcoins, valued at over $30 billion. The company's stock has appreciated nearly 500% in 2024, showcasing Bitcoin's significant impact on shareholder value. * **Tesla, Inc. (TSLA):** Tesla's investment of $1.5 billion in Bitcoin and acceptance of Bitcoin as payment for its products have highlighted the mainstream corporate adoption of digital assets. * **Block, Inc. (formerly Square):** Block integrates Bitcoin into its financial services, including its popular Cash App. This strategic move has positioned the company as a leader in fintech innovation. * **Marathon Digital Holdings:** As a top Bitcoin mining company, Marathon has expanded its operations and holdings, contributing to a positive impact on its stock performance and market positioning. **2. Inflation Hedge and Store of Value:** * **Economic Context:** Rising inflation rates have eroded the purchasing power of traditional currencies, emphasizing the need for assets like Bitcoin. * **Bitcoin's Role:** With a capped supply of 21 million coins, Bitcoin serves as a deflationary asset, providing a hedge against inflation. * **Historical Performance:** Over the past decade, Bitcoin has consistently outperformed traditional inflation hedges like gold. **3. Institutional Adoption and Market Maturation:** * **Regulatory Developments:** Approval of Bitcoin Exchange-Traded Funds (ETFs) and clearer regulatory frameworks have legitimized Bitcoin in institutional finance. * **Corporate Integration:** Major corporations and financial institutions are integrating Bitcoin into their operations, indicating a significant shift in market acceptance. * **Risk Mitigation:** Enhanced liquidity and market infrastructure have reduced operational risks associated with Bitcoin transactions. **4. Fiduciary Responsibility:** * **Maximizing Shareholder Value:** As fiduciaries, the Board and management have a duty to consider strategies that enhance shareholder returns. * **Diversification Benefits:** Bitcoin's low correlation with traditional assets can improve the risk-adjusted returns of the company's investment portfolio. * **Innovation Leadership:** Proactively exploring Bitcoin adoption positions **\[Company Name\]** as an industry innovator. *Conclusion:* By conducting a thorough assessment of Bitcoin's potential benefits and risks, **\[Company Name\]** can make informed decisions that align with its strategic objectives and fiduciary duties. We urge the Board to consider this proposal seriously and provide shareholders with their findings.

cross0522

Only up from here. Might catch a dip but if it doesn't you'll miss out. Imo, just get on the train & Hodl! BTC,& SOL are my biggest crypto positions. MSTR & TSLA for stocks Follow the $, developers, dapps etc. Good luck🚀

stringings

Does TSLA no longer hold BTC?

Just_Daggers

Do it now Gohan! 5-10 year time horizon on a BTC/TSLA portfolio will make you happy. I've levered down from my S&P ETF contributions in a big way. !Remindme in 5 years if this was a mistake.

opensandshuts

BRACE YOURSELVES... the "someone explain why bitcoin has value" posts are coming. Just a few reasons: 1. What is NVIDIA stock REALLY worth to you right now? Same with TSLA and other companies trading at 60x their earnings? If the company just stopped doing business or if everyone decided they needed their shares exchanged for money at the same time? What's it really worth? 2. What is a dollar bill really worth when you consider the paper used to make it? These are the types of questions people should be asking themselves when they ask why BTC has value. It has value for the same reason you've already accepted that those two above things have value, you just haven't realized it yet with Bitcoin. Are either of the above options able to be traded worldwide in an instant for local fiat wherever you are because no entity controls it? Nope. And that's why I'd argue that BTC is more valuable.

weouthere96

Could it be he doesn't want to encourage a risky investment? If he told you buy and it tanked the next 4 months, or a scammer came and swooped your account you'd likely be pissed at both him and yourself, sounds like he may be trying to play the neutral but also a little bit braggadocious because yeah Bitcoin has been pretty hot! It's your money, buy a Bitcoin if you'd like but beware we are at all time highs so it may be better to hold off.... I lost a good friend while simultaneously making bank off Tesla stock, he was following me buying up TSLA stock till all-time high came. I was bragging yea, told him Im pulling a chunk out but he decided to wait and lost his bum in the crash... went around spreading lies that I was money hungry scumbag. He should have listened 🥲🤑

Hubb1e

I sold TSLA at $35. Still stand by my reasoning at the time. It was nearly bankrupt and couldn’t deliver the new model S with a value about half of GM.

alf_london

Sure they do, just like they do for TSLA, NVDA, gold, any anything else. I’m just counting on way more buyers than sellers over the next many years

cross0522

For long term I HODL BTC & SOL (crypto) & MSTR & TSLA(stock) When it's time to take crypto profits I roll it into TSLA.

ir88ed

Weak hands will sell for a "profit" only to chase the dragon for the rest of thier lives. In June of 2010 I bought $7k of TSLA stock, a company I liked and believed in. I sold after the stock jumped 50%. If I had just stuck with it I would have somewhere around 1.5M from that investment alone. The hard learned lesson is "Don't sell winners"

Mind_Fields

You’re asking in a Bitcoin subreddit what to do with a large sum of money. Most of the answers here will be full of bias. The following is not financial advice, it is just hypothetical musings: The answer to this question varies on your age. The younger you are, typically the more riskier your portfolio can be, because you have time on your side. If you’re in your 20s-early 30s, I’d personally probably keep 6 months worth of bills in a savings account, then with the remainder put about 50% of it into an S&P500 ETF like VOO, put about 15-20% into shares of companies I view a bright future in (for me, it’s been TSLA since 2016). Then maybe 30% into crypto; for me it would be almost exclusively BTC. Obviously the smart thing to do would be to DCA and not buy lump sums all at once.

Environmental-ADHD

Ok you obviously don’t know anything you’re talking about . TSLA is up 14% in the last week. Bitcoin is currently up 18% in the last week at the time of this writing. TSLA is up 31% in the last year while bitcoin is up 140% in the last year. Maybe do some homework before speaking ? Also who ever said I don’t have any Tesla stocks? I bought Tesla 3 years ago and have been buying bitcoin too.

Hfksnfgitndskfjridnf

I’m sure he’ll start by eliminating the billions of carbon credits TSLA receives annually….

Final_Winter7524

Over at r/TSLA, they’re outdoing each other at “Tesla to the moon” predictions. It’s funny, how they have lost perspective of what they’re actually saying. “Our CEO, who’s been spread thin across multiple companies, now also has to run a department of the federal government. Surely, that’s great for the share price!” Or “He can now ignore safety concerns and remove restrictions on FSD. People will die, but at least my shares will go up!” In what ridiculous timeline are we living here?

nakedskiing

Being into an asset for making you and your family more money and a better life is the majority reason anyone is into investing and assets, no? Do you buy TSLA because you want to help TSLA do better?

Miserable_Twist1

His statement is nothing new, he said the same thing months ago. It's like how I hate TSLA but I'm also not stupid, if I had a time machine and could buy it 10 years ago I would. He's not buying it now and never will, he's just saying he's not an idiot, he would buy had he known, just like anyone else, but he doesn't believe in it at all.

HotAspect8894

TSLA is up like 50% this week what?

Substantial_Lake5957

Bigly. Bye bye gold and silver. Also all MAG7 aside from TSLA.

Brilliant-Elk2404

Where do you go from here? 100k? 200k? You would make more buying TSLA a week ago. 🤡

Brilliant-Elk2404

Where do you go from here? 100k? 200k? You would make more buying TSLA a week ago. 🤡

No-Following-2099

I bought a TSLA put option and that went to $0 my btc profits have overshadowed that by a lot

Jeremiah_Vicious

FTX, MSTR FUD, Russia/Ukraine War, Inflation, TSLA announcing they sold some Bitcoin, China FUD and other massive frauds stopped it. It took a lot. If we can just get half that this time we may not dip at all and have a super cycle.

cross0522

MSTR,TSLA, CLSK,BTC & SOL Bought some SOL ALTS when they dropped: NOS,DRIFT, ZEUS & MOO DENG Meme

Purest_Prodigy

yep, TSLA and DOGE tend to pump at the same time

Particular_Road_8867

Wait it out, I guess.. it's killing me too. But I don't think it would be wise to acquire right now. At least not in BTC, ETH, NVDA, TSLA.. the time is over, for a good trade. In those you should wait for the next dip, but that could take a little while. If you want some returns for your money, start looking into some ETF's and just drop what you can weekly. If you want to take some risk in crypto, the AI projects seem exciting, such as RNDR and FET (fetch.ai). Also Alt-Season is around the corner, but that's a whole topic for itself. In general, don't trade on emotions, like FOMO or Hype. Do some research on proven Stock's, ETF's and Token's and buy the dip.

6DeliciousInches

Do you think ELON will sell all his TSLA one day? He has a price target? Warren Buffet on his Berkshire shares? Will BEZOS sell all his Amazon? No? Why the fuck not? Because holding dollars is DOG SHIT and for POOR PEOPLE. How comes billionaires have billions and you don’t? Because they don’t want dollars, they want to appreciable assets.

Jub-n-Jub

Sure. I started at the bottom of a bear market and didn't even realize it. Started very small dca because I was looking for $, profit with risky speculation. I was paying close attention every day, nervous because I thought it could go to zero. I didn't understand why it moves so much, so quickly. So I started learning. I learned about mining and set up a couple of laptops to mine. I lost through electric bill far more than I made with ₿, but a couple of laptops wasn't going to break the bank. I thought of it as an investment in education. I spent a couple of years reading books, articles, watching/listening to pods, I learned about Austrian Economics and how the Economics i took in college was bs. Then the next bear hit. I had friends and family mocking me. I had studied enough that I had conviction. It felt fucking terrible to see all that "value" that I lucked into by starting in a bear. But I had learned a lot. I stopped investing in anything except ₿. I dramatically increased dca because I understood the cycles by then. Fast forward to 2022. 100% of my paychecks are automatically converted to ₿. Cover monthly expenses with credit card and sell ₿ monthly to pay off card. Fast forward to Aug 2024. 10% of paycheck to $MSTR, 10% to $TSLA, 80% ₿. I like $TSLA and it really hurt to sell it when I went all in with ₿. We are in a bull now so I plan to use the stocks to speculate. My current plan is to use $MSTR to try and outperform ₿. Next August-Sep I plan to sell the $MSTR and buy ₿ with it. Hopefully $TSLA does well for the next couple years and I can sell it to buy more ₿ next bear. So, I guess 1st cycle was an emotional roller coaster. I stuck to my guns and never stopped dca'ing but it was really f'ing hard. Everyone around me thought I was an idiot. I fought with my wife because she thought I was throwing our future away by being in ₿. There's a big difference between having 10% of my portfolio in something and 100%. If I didn't study very hard I wouldn't have had the conviction. The old hands an reddit helped. Seeing the posts from the past on reddit helped. The next bear hit and at the bottom I was still in the green. I started going hard then. 100% of my investment portfolio went into ₿, cashed out 401k to buy ₿. I cut my eating back to buy more and lost 60 lbs. I now live like a pauper. I have difficulty justifying buying anything except deep in a bull cycle. Every dollar I spend I see as lost ₿, every receipt I multiply by 4 and that's the cost I see. This cycle is boring. I don't get excited about price action except to feel a little down that ₿ is going up. All I think is that's less ₿ for me. But it's super easy after going through a cycle already.

-0909i9i99ii9009ii

Yeah BTC and TSLA are both up 23% on a 1M chart. It's the 6M chart that TSLA really outpaces and I think it's unfair to say that's due to the election as I did not see a general sentiment that Trump was going to win before 1 month ago.

CedarAndFerns

yeah, fair question. I think, based on my primitive level knowledge, that MSTR will outperform IBIT for example. I don't know why but if you look at them, compared side by side it's clear that they have. At least over the past 6 months. The first ticker is TSLA, second is MSTR and third is IBIT || || |%Chg|\+67.65% since 05/07/24|\+116.53% since 05/07/24|\+21.68% since 05/07/24| || || |Low|167.41 on 06/11/24|102.40 on 08/05/24|28.23 on 08/05/24| || || |High|299.75 on 11/07/24|276.00 on 11/07/24|43.75 on 11/07/24|

CedarAndFerns

yeah, fair question. I think, based on my primitive level knowledge, that MSTR will outperform IBIT for example. I don't know why but if you look at them, compared side by side it's clear that they have. At least over the past 6 months. The first ticker is TSLA, second is MSTR and third is IBIT || || |6-Month| | |%Chg|\+67.65% since 05/07/24|\+116.53% since 05/07/24|\+21.68% since 05/07/24| | | |Low|167.41 on 06/11/24|102.40 on 08/05/24|28.23 on 08/05/24| | | |High|299.75 on 11/07/24|276.00 on 11/07/24|43.75 on 11/07/24|

Occams_shaving_soap

Moving it to TSLA. 😂

admin_default

You’re giving too much credit to retail investors. Retail still thinks TSLA stock will make them rich at a $800B valuation.

jwz9904

yeah crypto is a scam, they just invest in AAPL, NVIDIA, TSLA

sogladatwork

How can you be so factually wrong and still sound so confident? Her funds are a money pit that TSLA managed to fill up in one bull run, but otherwise have been complete losers. She even paperhands’ed Bitcoin right before this bull really started.

WineMakerBg

TSLA is next 🙂