IA Daily Digest 2-3rd Feb 2024 (Patreon)

Summary of InvestAnswer's Posts

Thanks, Josh

Tesla Humanoid Robots:

IA shares insights on the global opportunity for humanoid robots.

Norway:

Norway reports record-breaking Tesla sales in January.

Recall:

Tesla recalls 2.2 million vehicles due to incorrect font size on warning lights. The issue will be resolved through an over-the-air software update. MSM had a field day thinking millions of cars would need to be brought in. 

2024:

In Q3 2023 Tesla’s CFO predicts 2024 to be a golden year with increased margins.  Since then the CFO has changed.  

Leap Calls:

A community member (yours truly) purchased Tesla 180-190 2026 calls for approximately $6k. IA believes this aligns with his rules, which entail a minimum 18-month duration and a portfolio split of half intrinsic value and half time value. He anticipates Tesla’s odds of reaching $240 (the break-even price) by mid-2026 to be zero, expecting the price to rise to at least $400-600. 0 we have 2 years of incredible development ahead. 

180:

IA targets sub $180 level to further add to his existing Tesla position.

Bitcoin Celsius Mining Company:

IA criticized Celsius Mining, labeling it as a POS due to outdated rigs and corrupt management. When we get shares in the mining Co we should prob sell them immediately. 

ETFs:

Bitcoin ETFs remain on a buying spree, acquiring over 10K BTC daily.

Solana:

IA still has his 3.3x Perp Long he entered into at $85sh

PYTH:

PYTH experiences significant upward momentum along with LINK

FLUXB:

FLUXB emerges as IA’s largest SOL alt bag.  He cannot believe he got some under 2cents

Long Held Conviction:

Since 2017, IA has maintained unwavering conviction in two assets: Tesla and Bitcoin.  For the longest time his avg price on TSLA was 17.50 under early 2023 when he went wild and BTC avg price was 12K. 

Cern Basher Model:

IA shares Tesla model numbers from the live stream with Cern Basher, asserting that these figures, though conservative, underscore the importance of forward-looking market analysis. He emphasizes that Tesla's price should reflect projections at least 2-3 years into the future.

Bitcoin Profit Taking:

IA underscores the importance of LILO and the profit-taking model as invaluable tools for the community during this crypto bull run. It is easy to buy, but NOT easy to sell!  We have a system now. 

ETF:

Drawing parallels to the Gold ETF's decade-long journey to reach $100 billion in AUM, IA highlights that BTC ETFs and ETPs have already amassed $30 billion. He predicts a rapid ascent to $50 billion within a year, surpassing the Gold ETF's scale.

Solana Price Target:

In light of a potential crypto market cap reaching $5 trillion, IA asserts that SOL's ascent to $363 is a plausible outcome.

Another Crazy SOLALT - NOSANA also going gangbusters like FLUXB