IA Daily Digest 29 Feb to March 1, 2024 (Patreon)

Financial Digest Summary (29 February - 1 March 2024)

Bitcoin Analysis and Insights:

Cash on the Sidelines:

There is a ton of cash on the sidelines, in what IA calls a Melting Icecube.  Only a matter of time before some of the 6.35 TRILLION finds its way into Bitcoin - and that will smoke the ETF inflows

Vanguard CEO Departure: Tim Buckley steps down amidst speculation over his hesitance towards Bitcoin ETFs, stirring market speculation.

Michael Saylor's Advice: Emphasizes the importance of converting effort into assets that are scarce and maintainable, underscoring the strategy for wealth preservation.

BTC Layering Techniques: InvestAnswer endorses TABI and LILO as tools for strategic BTC layering in and profit taking when the time comes. The ETFs however change the game. 

MSTR Performance: MSTR's stock has seen a staggering 640% growth, celebrated by the InvestAnswer community.  The community has minted many $MSTR Millionaires

From under $200 to over $1400 in 1 year

Bitcoin Mining Interest: A shift towards exploring BTC mining investments, as discussed in a recent cyber bulls episode, marks a diversification trend. IA believes the miners have bottomed (rem this is end of Feb)

Solana and Altcoins:

SOL's Market Performance: Solana hits a 52-week high, continuing its strong performance trajectory. It hits $132. A few days later it hits a 2.25 year high $150.

JUP Investment Returns: After a strategic entry at 46 cents, significant gains were realized, showcasing successful altcoin investment strategies. JUP hit 82.31 cents yesterday 

Lifinity's Surge: Confirms InvestAnswer's positive outlook on SOLAlts saying "they will all pop, it is just a matter of when" hence i likes HODLing them unless the thesis changes. 

Tesla Insights:

Employee Stock Compensation: Praised for its minimal dilution impact, indicating a positive outlook on Tesla's stock compensation strategies.

Ford bought a Cybertruck: Highlights competitive interest in Tesla's innovations, with Ford spending $250k on a Cybertruck to try figure out how they made it.  Ford do not have the tech to replicate what Tesla have done.  

Celebrity Cybertruck Buzz: Continued public sightings of celebrities with Cybertrucks bolster Tesla's market presence and consumer interest.

Bonus Insight:

Future MSTR Target: InvestAnswer sets a 6-month price target of at least $1600 for MSTR, signaling strong confidence in its future performance and potential addition to the S&P 500 - note MSTR is now over $1400.