Boiler Room: The Official Stock Market Discussion

[Gwoppo]

Don't know of any discords but this thread had a ton of good info. You don't need to read 9 years of market reaction to get a feel for the market to get started.

@Serious has a great post in this thread for beginners. See if you can find that first.

And for the love of god buy TSLA first.

And check out the ARK etfs

Would bitcoin be a better investment than Tesla?

 

[mannyrs13]

I don't know what God or higher power you all may believe in but let us pray for an ARKG dip tomorrow. Let Trump, Biden, Elon Musk, and every influential person in the stock world say something about genomes that may cause a slight dip so I can purchase more.

Getting rid of Fidelity select computer and IT services. 2k total with a profit of about 450, up 28%, so was a decent hold but I'm ready to move on. Can hopefully add 20 more ARKG if it stays around the 100 mark or maybe I'll add 15 if it runs high. I already got 20 shares and I feel that W and K may be too high to add to. Although I do have a USAA nasdaq 100 index retail with 4300 that I can use. Up 33% there. Maybe I'll ride that until 40% or sell if it drops to 30%.

 

[winb83]

Would bitcoin be a better investment than Tesla?

Man when yall pile into Tesla and Bitcoin now at this stage in the game yall need to come to terms with the fact that you mad late.

The people that were into these and were pushing them some are up so high that if there was a correction and they're up 800% or more on that initial investment they're cool. You got people with cost basis of $200-$500 on a stock that's $4000 now so yeah they're fearless.

Buying at $800 expect a correction and expect to lose a lot of money on paper quick and don't sell. Same with Bitcoin that has a history of unstable pullbacks. Bitcoin is $40k I remember that shyt falling back into the $3k range.

Tesla and Bitcoin aren't the end of stocks and crypto that's gonna blow up. At these levels you're honestly better off looking for the next thing to blow than FOMOing into something so late.

Proceed with caution and expect to likely face major losses in the short-term that seem very unpleasant to ride out but be willing to ride it out for years if needed.

 

[Kal El]

Man when yall pile into Tesla and Bitcoin now at this stage in the game yall need to come to terms with the fact that you mad late.

The people that were into these and were pushing them some are up so high that if there was a correction and they're up 800% or more on that initial investment they're cool. You got people with cost basis of $200-$500 on a stock that's $4000 now so yeah they're fearless.

Buying at $800 expect a correction and expect to lose a lot of money on paper quick and don't sell. Same with Bitcoin that has a history of unstable pullbacks. Bitcoin is $40k I remember that shyt falling back into the $3k range.

Tesla and Bitcoin aren't the end of stocks and crypto that's gonna blow up. At these levels you're honestly better off looking for the next thing to blow than FOMOing into something so late.

Proceed with caution and expect to likely face major losses in the short-term that seem very unpleasant to ride out but be willing to ride it out for years if needed.

Yeah even though BTC and TSLA can both 5x from here in the next few years (Cathie's Bull case for TSLA is $3,000 by 2024...so more like 4x), there's considerable downside.

Wouldn't recommend buying at these levels to friends/family, so wouldn't do the same for the coli fam.

They're not the only stocks in the market with 5x potential. But I thought TSLA was expensive back when I bought it at 1,500 pre-split, so who knows

 

[winb83]

I just subbed to this guy's channel. This video was a wake up call. YouTube's algorithm turns it into an echo chamber of the same kinda subjects because if the creators wanna make money it demands they do that.

 

[Kal El]

TSLA @ 846 pre-market

 

[DaddyFresh]

Man when yall pile into Tesla and Bitcoin now at this stage in the game yall need to come to terms with the fact that you mad late.

The people that were into these and were pushing them some are up so high that if there was a correction and they're up 800% or more on that initial investment they're cool. You got people with cost basis of $200-$500 on a stock that's $4000 now so yeah they're fearless.

Buying at $800 expect a correction and expect to lose a lot of money on paper quick and don't sell. Same with Bitcoin that has a history of unstable pullbacks. Bitcoin is $40k I remember that shyt falling back into the $3k range.

Tesla and Bitcoin aren't the end of stocks and crypto that's gonna blow up. At these levels you're honestly better off looking for the next thing to blow than FOMOing into something so late.

Proceed with caution and expect to likely face major losses in the short-term that seem very unpleasant to ride out but be willing to ride it out for years if needed.

Great post.
This is exactly why I can’t throw money into either one of those. But seeing how brehs are eating it’s very tempting. But I just can’t take Tesla shills serious encouraging people to buy at these prices.

 

[winb83]

Great post.
This is exactly why I can’t throw money into either one of those. But seeing how brehs are eating it’s very tempting. But I just can’t take Tesla shills serious encouraging people to buy at these prices.

I'm going in on a weed stock. I choose Planet 13 but weed will soon go to the moon. Now that the dems have the house and senate with the presidency at the least weed will be decriminalized federally in 2 years and probably legal nationally in Biden's term. The values of these weed companies are gonna explode.

 

[Kal El]

I'm going in on a weed stock. I choose Planet 13 but weed will soon go to the moon. Now that the dems have the house and senate with the presidency at the least weed will be decriminalized federally in 2 years and probably legal nationally in Biden's term. The values of these weed companies are gonna explode.

I mentioned SSPK (Weedmaps) in here before it blew up. It's at 17 now, but the merger isn't until Q2. Which means people will get impatient/bored and take profits sometime before then, creating buying opportunities.

Put it on your watchlist. It's gonna be big.

 

[Serious]

CHIQ almost at 40


Still time to get into this exposure to China

 

[Pyrexcup]

another $100 on btc

 

[mson]

'Don't sell a share': Billionaire investor Chamath Palihapitiya says Tesla's stock could triple from current levels, making Elon Musk the first trillionaire

Great post.
This is exactly why I can’t throw money into either one of those. But seeing how brehs are eating it’s very tempting. But I just can’t take Tesla shills serious encouraging people to buy at these prices.

I'm feeling the temptation myself but this price is just too high.

 

[Teal.]

RIOT/BTC has not stopped for the pass 2 and half weeks now. I'm glad I bought some calls for today. RIOT/BTC fukking ripping.

 

[Pyrexcup]

 

[Doomsday]

That gains photo is obviously fake. What brokerage is that supposed to be from? Charles Twitter?