Is going all in one stock a mistake even if you buy at a support level?
>>62169227Yes.>support levelWhat assurances do you have it will hold?
>>62169638just historical patterns. Maybe not even support levels but a certain percent down from the previous all time highs. If that percent is 80% two times in the past, then it might be a good bet to buy again at that area give or take 5-10% to be safe
>>62169651Don't buy cheap losers. Buy winners on a run. This has been shown time and time to be more effective.
>>62169686I meant something like MSTR which is like a 2x leveraged BTC ETF at rock bottom. It's a winner long term
I wish I threw everything I had at nvidia back in 2021, I wish I threw everything I had at intel back when it was below $20. I don't know man, I think when you're trying to make it it's the only way.
>>62169695No, it really isn't. My piss bottle is rare, will that make it valuable in the future? What's the grand thesis on bitcoin? It was a speculative asset for a certain time, now the attention is wandering somewhere else.Even if the nominal BTC price will keep up, it doesn't mean you will have invested your capital wisely.
>>62169725Buying Nvidia in 2021 would have been a terrible idea.Do I need to explain why? You can't predict the future. You couldn't predict ChatGPT.
>>62169735What would you say is a better investment?Also was thinking splitting 1/3 to SpaceX, OpenAi and Anthropic's IPOs. That or waiting for TQQQ to crash again and going all in.
Yes if you have a crystal ball, no otherwise.
>>62169755If you are going long term (which you should as a new investor), I would allocate 20% QLD (2x Nasdaq 100), 20% OpenAI, 20% Anthropic, 10% SpaceX, rest Emerging Markets exclusive China.
>>62169800Thanks. Would you lump sum buy right now or wait? or dca? If so, how would you go about the dca?>chinaIs EMXC good enough?Do you think this folio would outperform 70% VT, 20% QQQM and 10% moonshots?
>>62169886Lump sum a week after these companies IPO.>EMXC Yes, that's what I meant.Yes.