whats the best stock or etf to play bitcoin/cyber currency?

My dad is not a day trader. He is on his third Tesla and believes in the company long term.

I was making some other investments and told me just to throw 10k into Tesla.

Even with the financials there are some very strong believers in the company.

Its funny there is an old documentary an engineering friend showed me from the 80s....All about the electric car....GM had the technology and had about 100 saturns running on battery and the owners leased them and absolutely loved them. At the end GM tracked down every car despite the owners begging to keep them. They were all sent to the scrap heap despite picket lines at dealerships as GM due to old guard, politicalness, stubborness, fossil fuel powers etc dubbed them not practical and never pursued electric cars. Great documentary. Now GM, Ford etc are fighting to catch up to Tesla. My guess they never will.

I own NIO and hoping the emerge number 1 in china. But who knows.

Me included! I’m yet to own the car, but love the stock! I believe in it enough to drop $269 on a bottle of Tesla Tequila, lol!

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Well, it took all week but it popped up 10% to hit 125.4 where I pulled the trigger and sold. I have now sold for a 10%, 20%, and 10% gain in 9 days with a total return of 45% in 10 days. I have to wait until Tuesday before I do anything with that money so as to have settled funds, but so far this strategy is working for me (do your own due dilligance).

open up a coinbase account and just buy straight bitcoin and buy with money you don't mind going to 0

Norwegian Air Shuttle... 7200% gain today.
Guess who sold their shares yesterday. Anyone in here have any of that?

That’s a glitch. Right?
Edit- oh looking again no.

No I think that is right actually. Crazy that you sold yesterday, damn.

yeah, i bought at 7 cents a share. Sold yesterday, today its at $6 a share. It looks like its cooling off a little, but i'm still kicking myself a little. At least it wasn't a loss... but wow, 7200%. Thought they'd end up going bankrupt and that I should go ahead and walk away.
I usually don't sell anything... And then I thought ameritrade was broken this morning.

Although known for their CARs, TESLA is one of the best bets (IMHO) on the Lithium Battery revolution. Do some research on energy storage and you'll see the $$$ opportunity is WAY BEYOND the automotive application. In fact the lithium battery usage in cars will be dwarfed by the other applications. The world is changing because of Lithium based energy storage. TESLA has taken a leadership role in Lithium in a joint venture with Panasonic. If you look up TESLA GIGA NEVADA, you'll find it is a monster sized factory, with a line drawn down the center (Literally, I have seen the line). The BATTERY factory is on the left, and the auto assembly factory is on the right. That makes is easy to 'deliver' batteries to the joint venture's largest customer: TESLA.

IMHO, it will be their energy storage business that drives the up numbers more and more over time.

Potentially ad robo taxis, insurance, hvac, solar, etc etc.

Why didn't you mention the stock yesterday or the day before?

On the topic of EVs, I think EXRO (EXROF) is a really good 2-3 year bet. They are fighting the range and battery capacity issue from the other direction, by gaining efficiencies in the controller technology. They show their biggest gains in heavy load sector, but they also have offerings that will likely be coming to market in the next 2 - 3 years. They have a light duty controller that is showing 30% efficiency gains on a bike. They have active development partnerships, one of which being with Zero motorcycles. They have another partnership that supplies for Ford. The CEO just said that if everything goes well with Zero, their controller will be in their 2024 product line releasing at the end of 2023.
Essentially their controller technology can activate different windings in the motor on the fly allowing different torque profiles. This lets EV makers use smaller motors, less motors, and if they use one, eliminate a gearbox.
Right now they are the only player in their space. Check them out, huge upside on that one I believe.

Problem with bitcoin is the eventual future of making it illegal in some countries and/or govt regulation. If you think it won't happen - you are wrong. The govt always gets a piece of the action and once central bank cyber money goes global this will be competition they won't put up with. Not saying this will happen near term. Just saying it will happen.

LOL, well if I'd known...

Even bigger! Being able to efficiently and cost-effectively store energy is a big deal. It allows energy supply to be shifted in time. Entire buildings are being powered by batteries that are charged when supply exceeds demand (usually at nite), and then drained when supply of traditional power is short (using during the day). This also lowers the cost of power since pricing is based on time of demand. Lithium batteries enable this 12-hour time-shift.

Anyway, TESLA is in a great position due to their energy capabilities. (And their cars are kinda nice too! LOL)

C3.AI- wow... just wow up to 134.65 as I type this. Wish I held on.

So the Norwegian Air Shuttle - looks like they did a 100 to 1 stock consolidation. So no the 7200% isn't real at all.
But I'm definitely curious what you folks think about EXRO.

No worries, it's just that you said you sold it yesterday (and not at a loss) so that meant you bought it early yesterday or even earlier. It would have been nice to know about the company so I could have looked into it.

All good.

Yes, that is a risk - why you buy with money you can 100% loose
But I doubt that will happen, at least in the US
Regulation - yes
Illegal - no

Day limit orders entered to sell 25% of my position at $783 and another 25% at $825 just in case.

What do you guys think of Luminar technologies inc (LAZR)? It recently went public as a SPAC and moving up nicely the last couple of days after a brutal drop last week. Thinking of jumping in on dip on this one.

Disclosure, just sold 20% of my stake to be used "for general corporate purposes".

What is the best brokerage that gives flexibility in Roth IRA buying/selling? I want to move my little heap of fun $ into a Roth IRA (after I backdoor it) but Fidelity looks like they only allow fund trading. Any suggestions?

I had mine in USAA, but they sold their business to Schwab so now I'm stuck with them. From what I can tell they have all funds up to and including options trading. I havn't touched options, but buying and selling individual stocks is no issue with them.

$144.57

I use Etrade - been with them for years.

Much better off with Schwab!

Guys like myself helped run USAA out of business with their high fee proprietary mutual funds that you can buy at Schwab for x 10 less

AI? Nickel and dime trades

Get rich with long term holds.

Buy more on dips

Wash, rinse and repeat with any stock you should consider buying

With a few exceptions like in the ditch now, they are 6-9 month trades

Fwiw, starting the Georgia watch and the gambling odds.

If it starts shifting then THAT is the one issue that could change my “buy and hold” mentality on stocks

It stays divided with a republican Senate, we have another excellent 3-5 yrs in store

It goes socialism, then all bets are off the table for me

At the moment, gambling odds favor Perdue -250 and Loeffler -175. Forget the ridiculous and always wrong polls

https://www.electionbettingodds.com/

68.2% Chance Republicans Take Senate. The Stossel site is great and I've been tracking it for years.

Right where Betfair has it

Oh well, back to looking at homes without elevators.....

Bought 500 shares at $1.70 and I will let it ride for a very long time. EXRO is essentially eliminating the gearbox and making a digital one. So yes only one motore instead of two, less parts means lower cost for EV car manufacturers and less weight means more mileage on one charge.

I also bought ESE stock at .75cents. They just partnered with Nuvei so I expect the stock to go up. Now we will see massive growth in esports gambling.

I made a bold move and sold a fair amount of my REIT’s this past week. Buying STOR at $25 was great, but holding it at $33 with a 4.25% yield where it can drop 3% in a day no thanks. EPD pays double the STOR yield and has more upside anyway IMHO. I didn’t want to hold SPG in the $90’s right now either. Getting a bit ahead of themselves. That being said I will follow them and feel there will be one more good opportunity to buy the comebacks in the next month or so and will buy more then. Now that I know them it will be easier. Thanks for the dumbell approach reminders ICE.

I welcome it. The entire point is to defeat centralized currency and big banks.

If those globalist idiots actually try making a centralized currency, Facebook-style, then we will all enjoy watching as hackers constantly take that currency offline and erode any possible utility.

Example for bitcoin’s superiority being that some cheeky buggers just DDoS’d Bitcoin.org and took it offline, but bitcoin is unaffected because it’s not a place or a physical asset. Bitcoin is a massive digital ledger being run all across the globe and you’d have to wipeout global infrastructure to kill it.

Feds can pretend to regulate it and it will only empower bitcoin.

Opinions on the best platforms to buy and hold crypto, especially bitcoin?

been using coinbase - takes a little effort to set up as you have to verify you identity but I am happy with it
They have a vault you can use to move your coin off network for more security.

pm if interested, I think there is a link I can send you that benefits us both

Getting a little dip today, so what are we buying? I am getting in on SPG, missed out on this one earlier. Also looking at FRT and SVC. Anyone adding to MAC?

Of course we should buy Tesla today. The cult members on Twitter are claiming it will hit $800.00 today. And of course they know how stock markets work (Elon says shit, they say how big a pile masta).

Gotta run, Tesla Joy just tweeted something

I'm adding MAC.

I took most of my profits on SPG and a lot of other Reits STOR WPC NNN UBA MAC last week. I am fading on Reits at these higher prices and I think I like out of favor Midstream oil plays like EPD for their higher yields better for the time being. SPG yield is 6% now and you are buying hoping they raise back dividend higher. EPD already pays 8.6% now and oil, natural gas and other petro products will start flowing through the pipelines faster than the leases start coming back. Anything oil has less competition with no green investors, hedge funds, state pensions or college endowment investors buying so use that as an edge. I own EPD and held and really just decided having cash is better than owning Reits paying 4%-6% now. Cash is a great position on a day like today so use it wisely. It’s what most folks want now. SPG Ex dividend of $1.30 is on 12/24 I believe so figure that timing in if you wish to buy.

All this being said I think there will be one more good chance to buy Reits and other comebacks lower in the next couple of months so I am keeping an eye on them and the day could be today, but I am not buying now. I am a mostly buy and hold tech/health investor, so I only buy Reits and pipelines when they are really low, like pre vaccine. Good luck

Another buy and hold, up to the right play: HUBS

Will do, thanks

Tesla’s inclusion may provide some deals for other great companies with rebalancing and what not!

Added an income fund YYY

Apple announcing iCar....interesting.

Ah own HUBS but don’t have a full position I usually have. Will give it a look again. And that is one thing that is a little tough to get over - adding more of a stock after it has gone up from what I bought it for, but I reluctantly do it sometimes and it has worked for me more than not.