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mr. smoke weed

Smoke Album Done......Wait n See #SmokeSquad
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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.
I agree and disagree with this.

Last year July tesla was at 1040 or so to start the month. It went up 1500 or so, til they did a 4 to one split, 4? Months ago, which brought the price to the mid 400's..........now it's almost at 900 again. TSLA's a different animal.
 

Rickdogg44

RIP Charmander RIP Kobe
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What’s thes weed stock or should I rock with the MJ etf?
I like $MSOS, my 100 shares up 40% since 11/6

"The investment seeks long-term capital appreciation. The fund is an actively managed ETF that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the marijuana and hemp business in the United States and in derivatives that have economic characteristics similar to such securities. It will concentrate at least 25% of its investments in the pharmaceuticals, biotechnology and life sciences industry group within the health care sector. The fund is non-diversified."

Educational purposes only
 

PYRRHUS 88

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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.


I'm still buying Tesla, my last buy was at $812. It might have a huge correction ahead, it might not. Nobody can reliably time markets or call tops/bottoms. If it does crash, I won't be crying about it, I'll be scooping up more shares at a discount.

When you are investing in something you 100% believe is the future, pullbacks don't scare you as it's just an opportunity to buy the dip. *



*doesn't apply to All-In Gang tho lol :wow:
 

old pig

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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. :deadmanny:

man there’s a lot of them RIOT MARA BTBT NCTY that have become steady sentimental bitcoin plays...GBTC as well...I’m in GRNQ...looking to see if it can follow in their footsteps...it’s looking like it’ll have a good day and will be on the path to doubling since wednesay...I haven’t really looked into FTFT but it might be a decent play as well to capitalize off the bitcoin craze in the short run...RIOT MARA and GBTC look to be better long term plays so far tho

*edit*

I forgot CLSK too as far long term plays

damn that GRNQ PM hype dropped a bit lol...it might still hit the 52-wk high today tho
 
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old pig

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Bngo brehs :francis:

I wonder if it dips to low 3s today

I’m still wondering why dude from ARK tweeted what he did when he could’ve simply DM’ed them...he did the company a huge favor just by “flirting” with them publicly
 

Pyrexcup

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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'm not from US and have been making similar points and asking questions about potential weed stocks a couple times:pachaha: another reason why i think it will be legalised is because jobs and taxes. Legal weed = more jobs created and the government can tax the shyt out of it

any recommendations for a weed index?

@Hiphoplives4eva aren't you in the cannabis industry?
 
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I'm not from US and have been making similar points and asking questions about potential weed stocks a couple times:pachaha: another reason why i think it will be legalised is because jobs and taxes. Legal weed = more jobs created and the government can tax the shyt out of it

any recommendations for a weed index?

@Hiphoplives4eva aren't you in the cannabis industry?
YOLO
 

Hiphoplives4eva

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black love, unity, and music
I'm not from US and have been making similar points and asking questions about potential weed stocks a couple times:pachaha: another reason why i think it will be legalised is because jobs and taxes. Legal weed = more jobs created and the government can tax the shyt out of it

any recommendations for a weed index?

@Hiphoplives4eva aren't you in the cannabis industry?
Yeah

Planet 13, ACB are all good options

one day I hope my company will become publicly traded American cannabis company
 
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