Summary of InvestAnswer's Posts 22 December 2023 📈 (Patreon)

Summary of InvestAnswer's Posts  22 December 2023 📈 - thanks Josh 

Tesla: Model 2:

Analyst Gary Black has confidence in Tesla's upcoming Model 2, asserting that it will be a top priority for TSLA. Anticipation is building among investors for the potential late 2024 launch of the $25,000 electric vehicle, with expectations that TSLA stock will experience a substantial uptick. The inevitability of this development is beyond question.

IA Portfolio Allocation:

IA's current portfolio highlights that now TSLA and SOL as his two largest positions.  Wow that changed fast.

Solana Comparison:

IA draws parallels between TSLA and SOL, expressing gratitude for the media scrutiny against Elon Musk. Despite challenges, IA remains confident that TSLA will follow a trajectory similar to SOL's success over time.

Pair Trade:

IA advocates for retaining TSLA as a long-term investment and advises against swapping it for BTC miners due to their inherent risk. He suggests maintaining a cap of 10% allocation in miners, given their competitive and unpredictable nature.

IA is now breaking that rule with MSTR as his goal in early 2023 was to only play options on MSTR and not buy SPOT BTC - that worked out incredibly well.

⁠Solana and Ecosystem:

A member disclosed that Gareth Soloway has not closed his SOL short position, having actually increased it to constitute 20% of his entire portfolio when SOL was priced at $58. IA calls this jumping in front of a freight train.  YOU NEVER DO THIS!

Price Action:

SOL is nearing the $100 mark, with IA asserting that selling pressure has subsided, and there are no remaining sell walls up to $100.  Once we pop above $100 we will go much higher much faster.

Alts:

Following the ALGO army's confrontation, the KASPA scam coin has surpassed Algorand in prominence.

Ecosystem:

IA's SOLALT bag now constitutes 4% of his SOL holdings.

JUP:

IA plans to acquire a LOT of JUP.

Trading & Taking Profits:

IA intends to eventually liquidate SOL profits and invest them in real estate, opting for this strategy over holding BTC. He emphasizes that his stock trading endeavors yield more significant returns than buying BTC.  Also all his life he has pumped his trading gains into Real Estate.

MSTR:

IA's synthetic long positions in MSTR have experienced explosive growth, now far surpassing his BTC holdings. Certain positions have seen a remarkable 50x increase.  MSTR added 40 points today.

Notable Market Moves

Crypto

SOL up 3.8%

Stocks

MSTR up 6.3% or 40 points

CLSK up 3.6%