IA Daily Digest (Patreon)
Published:
2023-12-11 21:36:25
Imported:
2023-12
Content
Financial Digest: 8th December - 9th December 2023 📈
Thanks Josh
Solana (SOL)
- Performance: Surged 333% in 88 days, peaking at $77.7.
- Short Positions: YouTube creators like Gareth remain bearish; Ben prefers ADA, referencing past Twitter interactions.
- Portfolio Allocations: SOL's performance may lead to a 70% Crypto portfolio share at this rate - considering the exponential nature vs ETH and BTC he will probably be heavily overweight SOL in a few months.
- Levels: IA Indicator Layer in Layer Out Model LILO identifies $76.6 as strong resistance.
- Airdrops: Insightful Twitter thread on multi-protocol strategies. IA considering how many swaps he has done on JUP.AG should get some airdrops. He has never chased an airdrop in his life - this is accidental.
Tesla (TSLA)
- Stock Performance: IA draws parallels with SOL, urging patience and referencing SOL's past year growth. He says he lays traps - and knowing they will pop over time, it is just a matter of time. He focuses on layering into the most undervalued disruptive assets.
Bitcoin (BTC)
- Price Forecast: BTC price forecasts range from $83k to an ambitious $1M from many analysts. IA feels 89-128K is very achievable this bull run.
- Exit Strategy: IA focuses on not missing the bull run peak, investing heavily during the bear market in tools and processes.
Altcoins
- Forecasts: IA feels INJ will outperform RNDR this bull run even after a 21x
Trading and Options
- Synthetic Longs: Suggests long call spreads for lower risk tolerance. Choose Synthetic Longs if you want unlimited upside and have high risk tolerance and massive amount of margin. Only DO SL's at bottoms or they are VERY risky.
- Pair Trading: Recommends Discourse for PTOS insights; highlights member gains using this tool.
- Positions: IA now has Focus on SOL, MSTR, TSLA and select SOL Ecosystem names; success with synthetic long on MSTR has been mind blowing.