USA Stocks discussion - Part 3

[elvintay07]

You should be billionaire now if this “indicator” of yours work all the time.

If I use billion of sperm to invest. Even I god of gambler also cannot la

 

[aurvandil]

Looks like the 2021 euphoria is back, ARKK is ripping higher and many large caps are again trading at 30-60X of revenue, many are up 500%-1000% YTD.

Be careful guys...

BTC is making me question the validity of value investing. No one has been able to put an intrinsic value on BTC. Yet here we are at 100k.

 

[elvintay07]

BTC is making me question the validity of value investing. No one has been able to put an intrinsic value on BTC. Yet here we are at 100k.

BTC in my opinion has no intrinsic value. The concept is about decentralisation blah blah. In simple terms just laundering money. My initial investment into bitcoin is like gambling. I assume I stepped into casino and lost $5000. Immediately after I invested, I just wrote off the amount. At times it multiply and then crash. Didn’t really bother about this. 30 years later could be 10 to 20x or 0 in value. Just don’t bother. I don’t think I will cash it out in my life time.

 

[DevilPlate]

BTC is making me question the validity of value investing. No one has been able to put an intrinsic value on BTC. Yet here we are at 100k.

BTC been "scamming" us for >10yrs and here we have legit ETFs with massive inflow within such short period of time.

 

[DevilPlate]

BTC in my opinion has no intrinsic value. The concept is about decentralisation blah blah. In simple terms just laundering money. My initial investment into bitcoin is like gambling. I assume I stepped into casino and lost $5000. Immediately after I invested, I just wrote off the amount. At times it multiply and then crash. Didn’t really bother about this. 30 years later could be 10 to 20x or 0 in value. Just don’t bother. I don’t think I will cash it out in my life time.

Just own at least 1 BTC and safekeep as lottery tix

 

[elvintay07]

Just own at least 1 BTC and safekeep as lottery tix

totally agree

 

[aurvandil]

BTC been "scamming" us for >10yrs and here we have legit ETFs with massive inflow within such short period of time.

In the mathemtical world, BTC would be a counter example which disproves an assertion like value investing. > 10 years is a very long time. Unless you want to assert that the EMH is false, it is more than sufficient time for market to correct.

 

[aurvandil]

BTC in my opinion has no intrinsic value. The concept is about decentralisation blah blah. In simple terms just laundering money. My initial investment into bitcoin is like gambling. I assume I stepped into casino and lost $5000. Immediately after I invested, I just wrote off the amount. At times it multiply and then crash. Didn’t really bother about this. 30 years later could be 10 to 20x or 0 in value. Just don’t bother. I don’t think I will cash it out in my life time.

It might very be true that BTC has no intrinsic value. If someday someone can prove this, it would dispel value investing as a valid investment methodology.

 

[d9_lives]

Just own at least 1 BTC and safekeep as lottery tix

Lottery?
I'd rather put that 100k into a biotech stock or something something quantum stock.

It's too troublesome for me to have another account.

 

[elvintay07]

I found another power stock. But mon night after I enter then I share. Else all cheong to buy then I hong gan.

 

[TerryPower]

I found another power stock. But mon night after I enter then I share. Else all cheong to buy then I hong gan.

Ok! Wait for you

 

[DevilPlate]

Lottery?
I'd rather put that 100k into a biotech stock or something something quantum stock.

It's too troublesome for me to have another account.

IBIT etf can also

I heard BTC got options also….but idk how to play

 

[DevilPlate]

In the mathemtical world, BTC would be a counter example which disproves an assertion like value investing. > 10 years is a very long time. Unless you want to assert that the EMH is false, it is more than sufficient time for market to correct.

Treat BTC as Gold can liao…..the value is what humans perceived it to be
Just like fine arts lol

Anyway im not here to convince anyone……im not fully convinced either.
Whats matter more is the general public perception changes over time and whether it will leads to greater adoption rate in future.

 

[DevilPlate]

It might very be true that BTC has no intrinsic value. If someday someone can prove this, it would dispel value investing as a valid investment methodology.

I became bullish in BTC when etf was approved and followed by Trump endorsement of BTC.

Trump said BTC was a scam last time and turn 180 degree lolol

The way i see BTC price still have lots of room to rise is because majority still believe what u believe….it has zero intrinsic value

I still hope for a big BTC crash next yr to buy another 1 BTC worth of etf.
Else….i js hodl the teeny bit i have rn

 

[DevilPlate]

I found another power stock. But mon night after I enter then I share. Else all cheong to buy then I hong gan.

No lah….usually peeps post and haolian their gains after it moons….

If cui then keep quiet what

 

[limster]

I became bullish in BTC when etf was approved and followed by Trump endorsement of BTC.

Trump said BTC was a scam last time and turn 180 degree lolol

The way i see BTC price still have lots of room to rise is because majority still believe what u believe….it has zero intrinsic value

I still hope for a big BTC crash next yr to buy another 1 BTC worth of etf.
Else….i js hodl the teeny bit i have rn

I predict that (i) Bitcoin will fork again (ii) researchers claim that they discovered vulnerabilities in the blockchain due to the fork (iii) Bitcoin will correct (iv) price recover after investors realise the quantum computers needed to exploit is still a decade away (v) stocks linked to quantum computing will have a mega rally, just like AI stocks now.

if quantum computing is a threat to regular cryptography, it should be a threat to cryptocurrency as well?

 

[DevilPlate]

I predict that (i) Bitcoin will fork again (ii) researchers claim that they discovered vulnerabilities in the blockchain due to the fork (iii) Bitcoin will correct (iv) price recover after investors realise the quantum computers needed to exploit is still a decade away (v) stocks linked to quantum computing will have a mega rally, just like AI stocks now.

if quantum computing is a threat to regular cryptography, it should be a threat to cryptocurrency as well?

I see BTC as digital Gold (store of value) and New money is more interested in BTC than Gold.

The other crypto currencies like Solana/Ether etc will be the ones competing with your quantum computing narrative? I only own a tiny bit of Ether and gona sell soon lolol (to fund my 2025 holiday expense….hope don’t jinx it)

Im only gona hodl BTC (IBIT)

 

[aurvandil]

I became bullish in BTC when etf was approved and followed by Trump endorsement of BTC.

Trump said BTC was a scam last time and turn 180 degree lolol

The way i see BTC price still have lots of room to rise is because majority still believe what u believe….it has zero intrinsic value

I still hope for a big BTC crash next yr to buy another 1 BTC worth of etf.
Else….i js hodl the teeny bit i have rn

I don't believe BTC has 0 intrinsic value. If this was true, the EMH would have asserted itself by now. It seems silly to argue > 10 years is not enough and still need more time. If really like that, need to drop the Efficient from EMH.

I brought up BTC because it is such an anomaly and worthy of further study when thinking about valuations.

 

[aurvandil]

I see BTC as digital Gold (store of value) and New money is more interested in BTC than Gold.

The other crypto currencies like Solana/Ether etc will be the ones competing with your quantum computing narrative? I only own a tiny bit of Ether and gona sell soon lolol (to fund my 2025 holiday expense….hope don’t jinx it)

Im only gona hodl BTC (IBIT)

For me

Store of value -> SG FH properties
Trading / Investment -> SPY

I study everything else but only put $ in these two.

 

[DevilPlate]

For me

Store of value -> SG FH properties
Trading / Investment -> SPY

I study everything else but only put $ in these two.

I hold Gold as well….(hodl since mid 2000s and never sell)
Maybe thats why i want BTC as a small part of my liquid portfolio.