TSLA
Tesla tokenized stock FTX
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Reddit Posts
Why do you even bother with crypto?
What's going on with TSLA should be a lesson for us all in crypto.
How much would you have if you bought $17,000 worth of BTC 5 years ago
I see Binance is offering wrapped TSLA. Does anyone know whether its possible to short TSLA there?
Most People lost money on Blue Chip Crypto, Meme Coins, NFTs, "Stable-coins", Meta-verse tokens, lending, borrowing, bridges, POS, POW, POH, Storage, Remittances etc... What actually is working in this space?
Ahead of fed SPX BTC AMGN TSLA AAPL MSFT G00GL Gold Bonds Oil hard to call with much news out there.
A look at BTC vs some of the hottest stocks since the march 2020 bottom.
CrytpoKaleo accuses TSLA of causing the liquidation of 3AC and catalyzing the BTC crash when they sold 75% of their BTC holdings at an average price of $28,888
Tesla has dumped 75% of its bitcoin holdings. How much further do you think BTC will fall due to this sell-off?
The reasoning behind why TSLA liquidated some of its BTC holdings.
Market Red Pill - Why Fundamentals and Technical Indicators Don't Matter
And still hodling strong: Tesla (TSLA) has lost over $500 million from its Bitcoin investment amid crypto winter
For my all my Elon lovers and crypto people, would you rather have 15 TSLA share or 5 ETH?
anyone here want to get revenge on citadel?
RBIF!! Listen to this AMA!! RBIF has utility that could take this coin 1000% Must listen AMA!!!!
Overview of what is RoboInu Finance (RBIF) Enjoy!!
Overview of what is RoboInu Finance (RBIF) Enjoy!!
Overview of what is RoboInu Finance (RBIF) Enjoy!!
Overview of what is RoboInu Finance (RBIF) Enjoy!!
Overview of what is RoboInu Finance (RBIF) Enjoy!!
I want to support a cryptocurrency payment on my website. Which coin should I use for these $5 purchases?
Why does crypto create a cult-like response from people so often?
Elon Musk & Cathie Wood youtube videos from ArkInvest removed?
Mirror Protocol (MIR): What's your opinion on it and the fact that you can trade assets and stocks such as Tesla and Apple on it?
Crypto News today - 3 Possible Reasons for Bitcoin’s Surge Above $47K
Overview of what is RoboInu Finance (RBIF) Enjoy!!
Analysis: Correlation between Bitcoin and the stock market correlation are near an all time high
Analysis: Bitcoin and Stock-market correlation are near an all time high, possibly indicating BTC is largely adopted by traditional institutions
The corrupt SEC is getting in a dire situation. XRP likely to win the case and Elon Musk is just preparing the next one. At least one cause to celebrate!
The corrupt SEC is getting in a dire situation. XRP likely to win the case and Elon Musk is just preparing the next one. A cause to celebrate!
The corrupt SEC is getting in a dire situation. XRP likely to win the case and Elon Musk is just preparing the next one. A cause to celebrate!
Robo Inu Finance | RBIF | First exchange listing tomorrow 23 Feb on Bitmart | Growing +ve community | reflections
This $TSLA put was on my Robinhood Watchlist. Wish I went through with it!
Tesla Changes S.Korea Ads After Antitrust Probe Faulted Batteries
What are the best cryptocurrencies for beginners?
Don’t Ignore the Risk While Investing in Shiba Inu
Tesla (TSLA) is now holding about $2 billion in Bitcoin
Meta's earnings are going to push it strongly towards cryptocurrency.
Tesla Inu 100x Potential |stealth launched| Huge Giveaway for holders in next 2 hours| Liquidity locked 🚀 BSC Token hidden gem| 100x project
Tesla Inu 100x Potential 🚀| stealth launched 1 hour ago|Still low marketcap| Liquidity locked 🚀 BSC Token hidden gem| Giveaway for holders🚀
Tesla Inu 100x Potential |just stealth launched| Huge marketing campaign| Liquidity locked 🚀 BSC Token hidden gem
Tesla Inu 100x Potential⚡️ |Just Stealth Launched |Low MC|Liquidity locked| Contract Verified |
Buy the Rumor Sell the News works both ways
Tesla IS accepting DOGE.... that's the reality and to pretend that being able to buy some toys or a belt buckle (835 DOGE) in the Tesla Store is not adoption is disingenuous at best. True adoption = a company accepting a crypto currency for its functionality, in this case being currency.
Tesla will NOT be accepting DOGE.... that's the reality and to pretend that being able to buy some toys or a belt buckle (835 DOGE) in the Tesla Store is the same thing as actual adoption is disingenuous at best. True adoption = being able to buy a Model S or a Cybertruck using DOGE.
Tesla will NOT be accepting DOGE.... that's the reality and to pretend that being able to buy some toys or a belt buckle (835 DOGE) in the Tesla Store is the same thing as actual adoption is disingenuous at best. True adoption = being able to buy a Model S or a Cybertruck using DOGE.
Mass Adoption and Price Growth Correlation?
Out of Fiat, Should I Sell TSLA to Buy More Crypto?
The Ghost of Mt.Gox Part 4: HODL to poverty
🎶The BabyMusk Song🎶 is driving everyone crazy. $BABYMUSK is the ultimate Baby coin with one main goal: being mentioned and possibly adopted by Elon Musk. Hold $BABYMUSK and gain rewards in BTC. ✅ Audited.
Santa Floki Surges After Elon Musk Tweet
Different investing strategies in Crypto : Do you Hodl? Do you take Profit? Do you maximize Net Gains in a Stablecoin or Altcoin or a new coin/token/project that just gets released/listed?
The Global Financial System is No Less a Ponzi Scheme than the Advancement Crypto
What we buying during this juicy dip??
FT with a front page warning against 'fake money", claiming crypto value is being generated out of thin air. Why does it burn so much that Internet age founders can find a way to democratically distribute value to participants?
After Landing AMC, Could This Whale Be Shiba Inu's Next Merchant?
This discussion about meme coins needs to be had.
Chamath pump Solana on All in Podcast episode 55
Evergrande: The new recurring FUD
Will Elon Musk tweet(poll) about BITCOIN again after we saw what he did with TSLA and it puked today?
Help required for merging crypto transaction data with stock/shares transaction data for UK CGT tax purposes
What does real world crypto adoption look like to you?
Let’s say Elon has to sell 10% of his holding of TSLA. What will he buy with all the cash?
Elon may buy around $25 billion worth of Bitcoin with his personal money. Here's how he may be setting this up...
Elon may buy around $25 billion worth of Bitcoin with his personal money. Here's how he may be setting this up...
Long - If you had to pick 3 to prioritize over the rest, and invest your hard earned time and money, which would you choose, and why? ADA, AMP, ALGO, DOT, LRC, MANA, MATIC, SOL or XLM? No apex, no meme.
💲💰 MoonVember- Just Lunched Fairlaunch Elon Tweeted About Us 💲💰
Dont be upset if your coin didnt pump. Compare your coin to stocks and everything is fine
Is Elon Musk our version of Martin Shkreli?
FullerStock | GameStop leads the way as meme stocks eye best day since Aug
💰T1mes is not just a BEP-20 Token,it is a phenomen of celebrating because %TSLA reached 1 trillion market cap.
💲 T1mes Token- Just Launched Fairlaunch Elon Tweeted About Us 💲
To all you idiots buying at all time highs. Teslas been pumping the price for weeks now because the company reports earnings Tonight and their sales of Bitcoin go in that number. After tonight, Bitcoin and TSLA stock are going to tank. 🔻🔻🔻💩🚽
Elon Musk says Tesla (TSLA) is worth $3,000 a share ‘if they execute really well’
Tesla TSLA Bear Michael Burry AKA ‘The Big Short’ Got Squeezed
Tesla's (TSLA) Bitcoin investment is already up by $1 billion
Bitcoin records 3x higher average trading volume in October than Apple, Amazon & Microsoft
Mentions
I happen to like his videos, he’s WAY to bullish on TSLA and others for my taste though. I noticed he likes to push nonspecific numbers to back his points, which mostly are not value correlated.
> I mention that bitcoin is the best performing asset over the past decade Well, stop doing that. How are you judging "best performing"? Against what? In what timeframe? TSLA and AAPL did far better depending on entry and exit points. Lots of people bought BTC at $60k and sold at $20k. That argument also completely ignores risk appetite, which is crucial to individual investment strategies. Would you tell grandma to throw the rest of her money into BTC? Hopefully not. There's too many Kool-aide drinkers in this community who don't even look at crypto as part of a wealth-building *strategy* anymore, and think you're either all-in or left out.
So that's why TSLA dumped? Got it.
I know I learned the same lesson with TSLA, it was tanking so I sold and it almost immediately started going back. By the time TD Ameritrade cleared the funds to rebuy I ended up losing 6 shares( 18) post split.
Suckers rally. TradFi has *never* bottomed while Fed’s still raising. TSLA is heading to $60. SPX has much further to fall yet. Recession coming this year. Bitcoin will be circa $12k Q3.
Most investors I've encountered (I really just do the stock market at this point) do fall into the fallacies you've described. 100% agree for 98% of the time. Me I'm fully into companies who's business fundamentals I love going forward that provide intrinsic value via fatty dividends. But yeah, META or TSLA are perfect examples of the passive large cap problem. (I can't imagine how many *facebook* investors would've preferred a fat payout vs the meta spending btw, how's that for ownership rights lol)
Yeah but stockholders have a greater vision often when it comes to companies, crypto is more based around speculation and hype. And I’d like to add that i agree with your point, companies like Tesla and TSLA investors are no different than crypto investors. But a stock investor that is looking at companies 30,40,50 years in the future is much different than crypto investors looking for 50% returns by tomorrow morning.
Same for TSLA. Media outlets stated “The TSLA selloff is far from over”, etc.
What will the hacker do with my retweeted memes there? In all seriousness, this might mean that Elon's selling his $TSLA again to strengthen Twitter. Gotta see how he works this out as I get into Polygen and stake PGEN while I look at their first Genesis NFT campaign with Galxe.
TSLA is not get rich quick either. But it seems to be get poor quick recently.
I recently bought some TSLA shares
Both TSLA and bitcoin are down at the moment it seems. Which do you think is better in the long run?
Both TSLA and Bitcoin are down at the moment it seems. Which do you think is better in the long run?
This right here. In the end all investment depends on producing value and satisfying real demand. That means making things people want or find useful or essential. While crypto tech promises such a product is developing, at the moment almost all growth (and negative growth) in crypto asset value is due to people speculating -- they want the crypto, but not the tech. Few people are paying for the tech to do something other than generate more crypto. Long term, investing in crypto is betting it represents technologies (and the backers of any given coin/token can control IP rights to those technologies) that will actually do something that is valuable enough that people will pay for it as a product, not a speculative investment. The jury is still very much out on that question. It's fine to make speculative bets with capital you can risk. But why you wouldn't also steadily accumulate stock positions at the same time, given the long term record of growth in stock markets over a century, doesn't make sense to me. Plenty of stocks also get traded and valued as speculative assets hitched to a story about the future value of the underlying product or technology they represent -- TSLA comes right to kind. But TSLA makes physical cars that people want to buy. They have valuable intellectual and physical property that would have value even in bankruptcy. They are building new factories and supply chains. There's a real thing there you're buying, only question is whether the price you're buying at represents a real or achievable future (at current prices, that bet is TSLA becomes the single most dominant car company in the world and companies like VW and Toyota whither away, which seems unlikely). TLDR: Economics = economics
Anyone else staring at the TSLA chart?
>If American institutions own large portions of it, then it's not. If Chinese own large portions, definitely. So TSLA is not a security but NIO is one? I'm confused
"If everyone seriously just invested their time into learning skills getting a high income job/buisness/side hustle, investing in stock market (balanced portfolio not just TSLA and tech stocks) and diversifying with BTC and ETH you're all set." If everyone seriously just invested their time into learning skills getting a high income job/buisness/side hustle, investing in only BTC and ETH you're all set. There problem solved.
> If everyone seriously just invested their time into learning skills getting a high income job/buisness/side hustle, investing in stock market (balanced portfolio not just TSLA and tech stocks) and diversifying with BTC and ETH you're all set. You’re making the assumption that people aren’t doing that. I’m doing many other things AS WELL.
The TSLA thing kinda scares me
TSLA is 26X move volatile than BTC... What a world we live in
BTC is performing as bad as any big stock market giant like Meta, TSLA or APPL.
Meta and TSLA doing worse than a shitcoin.
Sure, you can find enough people bashing volatile stocks. Just have a look on youtube for TSLA and the likes.
I gotta give it to James, he made all the wrong choices possible - SOL, LUNA, TSLA etc.
Except it isnt really Cathys fund, its her investors fund which she is spending rather recklessly throughout the year. She has been catching knives in all her major holdings - TSLA, COIN etc.. ARKK has all but erased its entire gain of the last few years ...
He is all about "debunking" Tesla and Elon FUD now, can't wait see to TSLA dip harder.
set marks and sell something like 10% at each mark. You think Jamie Dimon is HODL'ing TSLA???
Your opinion makes a lot of sense. I would happily buy some TSLA if Elon spent less time on the Internet.
Check TSLA. You will enjoy the chart.
I doubt Elon Musk is having sleepless nights over TSLA stock price. The people having sleepless nights are the normal, regular investors who put in their hard earned money. So there's nothing to celebrate really, regardless of the amount of resentment you hold towards Elon Musk.
TSLA has the same problem as BTC. People buy on momentum rather than its use case. Whenever, it hits new price target, people got to invent new narrative to justify their FOMO buying. Before pandemic, everyone understood Tesla as a car company. Post-pandemic, Tesla’s valuation is higher than the total market cap of all major car manufacturers. So all Tesla shills got to find a new narrative to justify why the stock would keep going up. Yup, they started to market Tesla as a software company, the new Apple, blah blah blah…. Now the reality is coming into full force. It is the same with BTC. Satoshi made it as a peer-to-peer cash payment system. Satoshi want it people to use it for their daily transactions. Now BTC market cap is so large, BTC maxis are shilling central banks to buy BTC and tell people to hodl so the number keeps going up. It is like the entire thing has gone bad and turning the original intent upside down.
Have you seen the broader tech sector? Dropping that much in 2022 isn’t unique to TSLA.
Also nobody gives a fuck about shitty TSLA stock
Nobody seriously in crypto gives a fuck about TSLA. Go suck Elons dick, already, fuck…
Im sure there were some that thought $TSLA would be a good fit in a 401k, pension funds took huge positions too. Its buttcoin thinking that overvaluations were specific to crypto
$7.00 every 9 days trying to find the bottom before I jump in head first - also pay close attention corporate forward earnings because it gives the best indication of a bottom. For example $TSLA forward p/e is set to $24.10 a share so it’s not done falling. By the way check all major corporate forward earnings and they will tell story of an earnings recession - the worst is yet to come.. do not over play your hand too soon - patience & less ego is the safest strategy
9% down!! TSLA looks like crypto now
TSLA looks like a BSC rugpull.
TSLA is not the best example.
Better than TSLA, is what you should tell her! In all seriousness, this is a marathon, not a sprint, and anyone who's involved in crypto should be well aware of the fact that we spend far more time red, then green. Makes it all the more important to actually take advantage of the green when it comes
What is date of comparison? TSLA is way lower than measly 30% in any meaningful time range.
What happens when Elon Musk continues to sell most of his Tesla $TSLA stock shares?
Yeah, couldn’t be the crippling recession we’re in that’s dunking on literally every market…. Okay so I take it you think GME is a bad investment as well right? So you invest in blue chips like Amazon, TSLA, Netflix etc right?? Oh… that’s awkward those blue chips are all down YTD worse than GME…
The lengthening call was terrible, I agree. However his call for BTC dominance while wrong wasn't unreasonable. Alts did skyrocket for the next 3 months, but the next 3 months was the lead up to the biggest moment in the biggest alt. The ETH merge. It was poor form of him to not recognize that prior to making that prediction, but thats hardly a reason to condemn him. Especially when he has advised against buying alts all calendar year and been 100% right about that. That call holds a LOT more weight and would have benefitted many more people than the incorrect call on BTC dominance would have cost anyone. InvestAnswers on the other hand has been full bull on TSLA and SOL all year. Thats been a whole ass disaster.
Depends on what type of stock. 🙄 -60% on TSLA...
Stocks getting hammered today, TSLA -9.82%, AMZN -5%, META -4.37%, CVNA -12.27%, AAPL -3.41%, COIN -5.63%
my TSLA stocks are getting fucked. F
It's actually all stocks as well. Type in $MSFT, $TSLA etc. Not just a crypto price indicator
This works with any ticker. You can search for $TSLA or $SPY and it will display the price in the search results.
Anyone who owns $TSLA stock
TSLA is right at support so it might be a quick flip for her. But at the same time is falling with no end in sight.
DCA at the top and never sell is just disregarding any fundamental investing practice. You'd expect anybody doing this to get rekt. In this current environment you have anomalies in tradFi...like TSLA, for example. Seasoned investors have been crushed. This may be a hot take and a bit off the beaten path...but I expect many alt holders to make returns before TSLA holders get back above water. Regulatory capture is definitely a wild card....that's the risk/reward play and most.of us know that. Hedge and de-risk..it's not hard...I've done it throughout the entire bear market.
The thing is I just unfollowed Elon Musk on Twitter, and sold all my TSLA.
Oh shit. Now I *really* need to dump my TSLA shares
Doesn't sound like a fair question. Many people wouldn't be able to cash out 5-10% of their net worth in a short duration. Many investors wouldn't be able to unwind a position of that size on the spot without some preparation, timing and losses. Look at Musk liquidating TSLA stock. Definitely resulted in a serious dent on asset value. That said, I do agree. Definitely prudent to withdraw your funds to minimize risk at this point.
I minored in economics actually, and oddly ended up here. We can have strong regulation in crypto as well. Strong regulation, the transparency from using an open blockchain, and trustless finance, all sound amazing to me when put together. I just think instead of hamfisting 100 year old agriculture laws they should come up with something relevant for today, referring to technology specifically. Crypto is able to facilitate loans to people as well, either trustlessly or trusted. You think people in the middle of Africa etc. have good access to banks? While they do have open access to DeFi which *can't* discriminate. They can even use their crypto-reputation as a credit score in certain protocols, which might help bank the few billions still unbanked, without the bank's. I don't want to completely opt out of traditional finance. I think these two things work well together, and serve to compliment each other. Neither side is perfect. I do think I should always have *the option* to self custody my own money. During the years the elites were able to secure unlimited uncollateralized loans for 0% - not my cup of tea personally. They were only doing stock buybacks, and the only way to get at that money myself to keep up with inflation was to hold assets with low friction (ie crypto) while the money printed. I'm meant to buy TSLA I guess and never hold dollars, but that looks more like a house of cards than anything I've ever invested in here. A lot has changed since 2008 but not enough, most is obviously kicking the can down the road for someone else later. Like I said before, sometimes I just want to play a game where all the high scores aren't 999999, so I seek out trustless protocols to do it in. Does that really sound like a libertarian wet dream to you? Sometimes an artist wants to sell their art without paying 30-50% to use a fully automated system, is it libertarian to seek out *one* other choice even in the face of monopolies? My wet dream is being able to connect to a site like Facebook and only share the personal info I consent to, not a single thing more. I don't consent to a dozen third party advertisers etc. leeching *my* information so I can apply for a job or browse a marketplace, but there's no alternative most of the time so people will consent to anything. There was once a time when I *had* to use a centralized powerhouse to do even basic email on, so it made sense for people to do. Those services have grown so powerful since and convinced people they can't do anything online without them. Yet those same systems have become entirely automated now and require very few humans involved to operate. We could invent a perfect trustless replacement for Zuck and he'd still not give up his position. Should we continue to pay people for the opportunity to use their automated system *indefinitely* into the future, when we can make one today that's public access and free to use? If a criminal has public access too, does that taint the whole thing and make Zuck *necessary*? What about the rampant abuse in centralized systems, like when Zuck swayed an entire US election for fun? Crypto is the alternative to all the obsolete and opaque middlemen who do nothing but take money, for having the luck to be first. It's not the holy grail replacement to finance but it can absolutely enhance finance. Wouldn't it be great if you could provably own shares of a company, instead of your broker who immediately uses them to short said company? There are *so many* cases where blockchain would've helped things dramatically. Every emerging market starts like this btw. It's human nature and should entirely be expected. But if they said websites *shouldn't be allowed* because the whole dotcom thing we'd be reading this through a Chinese translator right now. "Nothing important has ever been built without irrational exuberance."
That’s why she’s gotta yOlo into TSLA to get those gainzz bro
So… you’re trying to tell me the super stable stock known as TSLA, that is currently down 51.56% in the last three months with multiple other companies catching up/surpassing them EV-wise, etc., is a better investment than BTC/ETH, which are down 13.5% and 13.7% respectively. Please see yourself to the r/wallstreetbets sub post-haste.. jfc..
TSLA isn't a crypto. Exchanges shitting the bed doesn't even register to it. But $COIN will absolutely take a nosedive if, say, binance gets hit with a black swan event. Not to mention, the world is working toward going electric. I think it's still too early to push this hard. But TSLA is in a good position to lead the charge (pun intended).
The Coinbase shares I can understand. But with the predicament Elon has put himself in with his Tesla shares, and the fact that their price is so comingled with his antics, I really that TSLA is a falling knife
And TSLA doesn’t? Lol.
I legit had my thumb hovering over $TSLA buy button 15 minutes ago, then I said nah fuck it
Exactly, she is even buying TSLA when Musk is offloading tons of TSLA at the same time Its never a good time to buy a stock when the CEO of the company is busy dumping it It only makes sense because she is not dumping her funds but hapless investors funds
I would happily buy some TSLA if we spent less time on the Internet
6 months prior $TSLA went public. Peer-to-peer money sending service PayPal co-founder Musk is Satoshi
> TSLA will struggle I don't disagree with this part. What justifies the current valuation of TSLA? Also it's been falling since it hit a ATH back in 2021 >BTC will make people rich at a new ath Maybe in a few years, and if you have enough invested. Otherwise alts will probably outperform Bitcoin similar to other cycles i'd imagine, but a rising tide lifts all ships is likely
Kiyosaki said BTC will make people rich and TSLA will struggle. It's time guys, 69420k. Source: Kiyosaki bro
Yeah I might have the Cramer effect, it’s worth knowing what to avoid. With the Binance funds I bought some $TSLA. It seems way too good to be be true. They are delivering impressive product and new product like Optimus in 3yr. All green lights but there’s only talk of buy back and that worries me because if the company doesn’t think it’s a steal at this price, something is afoot. Like a sell off, buy all shares and go private or some such shit. Fortunately they have a brand to protect so I think I’m just fudding myself so it’s not too degen. Mostly I buy good companies with large contracts and dividends $MMM or recession proof (fast food) $YUM. Or on tech I want to support-ETFs $NLR, $ROBO and $EDIT. But there is a withdrawal from the 24/7 markets. I’m going to try and get used to it for a while.
tldr; The Chinese government now owns more Bitcoin than Tesla (NASDAQ:TSLA) and Elon Musk’s Tesla, according to BuyBitcoinWorldwide data retrieved on December 6. The Chinese government holds 194,000 Bitcoin and 833,000 ETH after confiscating a large quantity of Bitcoin and ETH from the Plus Token scheme in 2019. China is one of the top ten leading countries in crypto adoption. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I think it’s a little different- Chase and B of A don’t offer stock brokerage, that’s a separate service provided by another company. Even if they did offer brokerage (they might, I’m not sure) it’s still different because they offer exposure to the same stock market. Your TSLA stock goes up and down the same no matter who you bought it through. Gemini Earn is separate from BlockFi in that they offer different custody and interest rates, and therefore presumably different levels of risk. Obviously they don’t have to do anything. The tos says it’s a risk and you could lose all your money. But if Gemini is able to cover this and other failing companies aren’t, guess who I’m more likely to use in the future? (Well me personally, I wouldn’t use any because of exactly what we’re seeing today). It doesn’t matter what’s true when it comes to branding and brand trust. It only matters what’s perceived. If it *feels* to consumers like Gemini is at fault here, that’s not great for Gemini’s brand, and it may be worth it to them to try to cover these losses if they think it’s a one-off thing. Again, they aren’t *required* to so anything. But there’s an argument to be made that for trust and branding reasons they might want to.
Elon scumbag goal is drive up traffic on Twitter by constantly posting non sense like this. Remember he even posted the whole fuck about Nancy Pelosi's spouse too. Once TSLA goes bankrupt with all the fucking lawsuits, Elon will finally shut up. It is just the matter of time he will go down like Kanye.
There was a report that 17% of Americans own "crypto." But ya, no shot 17% of Americans hold BTC. _Maybe_ 17% "hold BTC" if you include hold-by-proxy situations like TSLA stock being a part of certain ETFs and TSLA holding BTC. If you did that (I don't think we should) its probably accurate.
isn't TSLA the original meme coin?
Its almost depressing. I was 20, sitting in tech school with my friend and we were talking about buying gpu's to mine BTC. Problem was, my buddy only ever wanted to go big (turns other all talk and no action...thankfully I never listened to him again) so we basically talked ourselves out of doing anything with BTC. You know what I did instead? Gambled with pennystocks and GM...ended up losing on both and not looking at the stock market for years. The real kick in the ass? I heard TSLA was gonna IPO, and I wanted to get in at the start...but I was too depressed about my losses that I didn't get TSLA for a long time. It all worked out in the end for me, but its hard to look back at those early years. And it makes it hard to see so many people on reddit making the same or worse mistakes as me.
>It’s suuuuch a low time-preference fiat mindset to think that a sustainable 50x in Bitcoin over a decade isn’t good enough The problem with this is you can probably get comparable results by investing in tech stocks in the same time frame. I'm not sure of 50x with btc now with the diminishing returns but lets say 20-30x. I can see AAPL or TSLA investors getting similar returns in that time frame. People in crypto want 100x or more for life changing gains, something the bitcoin subreddit doesn't talk about anymore - they pivoted to "btc wont make you rich but let you keep what you have" similar to what gold proponents say. BTC only 3.5x'ed from previous ATH of 19-20k. Previously it did a 20x from 1k. From 20x to 3.5x....next cycle might be 2-2.5x? Then from there 1.7x in another cycle? I'm reasonably looking at 300k btc not 800k - 1MM USD BTC.
To be fair, those texts were from before Elon trashed the deal to try to back out. After he did that, he really couldn’t afford to be picky about minority investors anymore. I would not be surprised if they let SBF in, or anyone else willing to pay $54.20 for a $20 stock to cozy up to Elon. That said, it would be audacious of Elon to pat himself on the back publicly about doubting SBF had $3B liquid if he had ended up in the deal at all. But Elon is audacious, and honestly might not know/care too much about the smaller investors. They have no rights and just helped him sell less TSLA. But if I had to guess I’d guess the TWTR on the SBF balance sheet was probably public shares that cashed already by then? Could go either way though.
TBH, TSLA needs to come way more down
Just found it Embed is handling “broker” accounts. I put very small buys of TSLA from FTX just to see how it works. They can have that for all i care. What i really want is my $450 worth of crypto that was on hold that miraculously disappeared along with my transaction history due to the “hack.” (Fuck you Sam) I’m not holding my breath.
Atleast i have no TSLA stock but how can that be the worse case??
It could be worse. We could own TSLA stock
This post got me curious about some more realistic scenarios that some might find interesting. Here's the data: Many started investing/trading/gambling (or managing their own investments held previously by a FA) when the pandemic shutdown started in March 2020. $1000 Starting Investment $400/month fixed contributions ($100 a week) March 1st 2020 - October 31st 2022 Ending Balance Time Weighted Rate of Return (TWRR) Max Drawdown - BTC/ETH 50/50 $25,204 78.61% -72.62% - BTC 100 $15,242 - ETH 100 $34,926 - SPY ETF $14,605 12.29% -23.95% - TSLA, AAPL, META, AMZN, GOOG [TAMAG] (20% ea) $13,376 25.08% -40.72% +-+-+-+-+-+-+-+-+-+ Jan 1st 2016 - October 31st 2022 - BTC/ETH 50/50 $2,834,323 <------ 187.03% -81.39% - BTC 100 $356,443 81.39% -73.91% - ETH 100 $2,855,645 195.70% -89.91% - BTC/ETH 5%/5% , ~18% TAMAG Stocks ea. $196,885 62.57% -41.97% - SPY ETF $48,458 11.71% -23.95% - TAMAG Stocks (20% ea) $84,293 26.24% -40.72% Summary: If you got in BTC or ETH or both in 2016, had nerves of steel to ignore the drawdowns, and kept religiously DCA'ing $100 a week, well, lucky lucky you! This is why those who did are so braggadocios about it. Not that it's not annoying. But I personally would have surely sold going through a 75% - 90% drawdown. I also would have never put all my eggs in that one basket. I would have done exactly what I have been doing last few years - Diversification, a tilt towards traditional ETFs, stocks, alt assets, with an allocation to BTC ETH and some altcoins. But, since I sold a few bottoms and bought a few tops, the metrics above wayyyy outperformed me. What was it that Matt Damon said? Fortune Favors the Brave? Hmm. Seems so. At least back then. Too bad SBF destroyed crypto and it will never return numbers like that again. I say that with 50% certainty and 50% sarcasm. Which means I have no idea, not brave, and better get used to accepting 8% CAGR boomer returns until I retire. Oh well.