i see NU keep drop drop drop nia, like no power one.
Then you buy buy buy.
It works well with PLTR and SOFI.
i see NU keep drop drop drop nia, like no power one.
i am planning to sell all my NVDA at 145,NU, MARA, FBTC and NVDA are in my watchlist
Don't know which one to hold for mid-term (like 3 months+)
Or just go for something safe and simple like SCHG
the problem is I dont have enough fund unless i sell my NVDA.Then you buy buy buy.
It works well with PLTR and SOFI.
Good enough to screenshot, good enough to sell. 26k -> probably 90k tonight.AVGO sell once market open or can hold for a while?
CELH is a good business. I believe it is worth at least $40.Wait....CELH also stonk!!??
....now what?
There is a notable inverse correlation between the USD strength and the short-term Bitcoin price. Here's a breakdown:
Historical Correlation
1. _Inverse Correlation_: Since 2017, the USD Index (DXY) and Bitcoin have exhibited an inverse correlation of around -0.3 to -0.5. This means that when the USD strengthens, Bitcoin tends to weaken, and vice versa.
2. _Short-Term Sensitivity_: Bitcoin's price is more sensitive to USD fluctuations in the short term (e.g., hourly, daily). A stronger USD can lead to a decrease in Bitcoin's price, and vice versa.
Possible Reasons for the Inverse Correlation
1. _Safe-Haven Asset_: Bitcoin is often considered a safe-haven asset, attracting investors during times of market uncertainty or economic instability. A stronger USD can reduce the appeal of safe-haven assets like Bitcoin.
2. _Dollar-Denominated Pricing_: Bitcoin's price is often quoted in USD, making it sensitive to fluctuations in the dollar's value. A stronger USD can make Bitcoin more expensive for investors holding other currencies.
3. _Risk Appetite_: A stronger USD is often associated with a stronger US economy and reduced risk appetite. This can lead to a decrease in demand for riskier assets like Bitcoin.
Trading Strategies
1. _Short-Term Trades_: Traders can use the inverse correlation between USD and Bitcoin to make short-term trades. For example, if the USD is strengthening, traders may consider shorting Bitcoin or buying puts.
2. _Dollar-Cost Averaging_: Long-term investors can use dollar-cost averaging to reduce the impact of short-term price fluctuations. This involves investing a fixed amount of USD at regular intervals, regardless of Bitcoin's price.
Keep in mind that past correlations do not guarantee future results. The relationship between USD and Bitcoin can change over time due to various market and economic factors.
We are on the same side. I am holding AVGO.
Google, Open AI and now Apple, are working with Broadcom for their own chips. All these beefy guys will throw tons of money to AVGO.
My calls are already deep itm.
Earning tomorrow and I am expecting stellar results, especially the revenue from vmware.
Edit: position Dec 27 165 x 30 calls.
Huat ah.... over 80% of my portfolio is in AVGO.
Went to sleep woke up this morning very very happy. Let's see what happens when it actually opens tonight.
AMD CPU should bring in big earnings next quarter, they have been sold out almost instantly like Nvidia GPUsYou sir, have good taste in stock.
AMD however, is an acquired taste.
I sold my amd with 34k loss and replaced them with some amd calls. Let's see if I can recoup some.
Now hold my hand, I am flying you to the NU wonderland.
AMD CPU should bring in big earnings next quarter, they have been sold out almost instantly like Nvidia GPUs
Of course the margin for CPU is lesser
AVGO $210 premarket. huat ah!
me too. i alight from the train. wiping my mouth with tissue paperCongratz! Sold all. Netted 144k.
If you're hodling, good luck.