Daily Digest: Summary of InvestAnswer's Posts (Patreon)

Daily Digest: Summary of InvestAnswer's Posts

thanks Josh

Date: December 5, 2023

Bitcoin:

• ETF Analysis: IA explores parallels between BTC ETF and Gold ETF, and if it is the same BTC could go up for 8 straight years.  Only difference is BTC has a lot more scarcity. Exciting times. 
• Investment Strategies: Debates balancing Bitcoin proxies and pureform BTC, as he is now over invested in MSTR. It simply ran too fast up 300% vs BTC up 160%
• Price Updates: Notes new 52-week highs for BTC and anticipates a rise to $45k.
• Market Commentary:; acknowledges Jim Cramer's incorrect BTC sell advice 100% ago.
• Short Observations: Gareth got into a big BTC short at 35K, doubled down at 38K and got creamed.  He is now memed like hell on Twitter. 

Bitcoin Miners:

• Company Insights: Cleanspark's CEO confirms no further stock sales, enough cash for expansion to 20EH
• Stock Opinions: Advises against investing in RIOT, calls HUT poor quality. The IA Miner Model is money. 
• Price Targets & Trading: Sets higher targets for CLSK up from $12 to $20 for this bull run, advises against layering out here or hedging due to BTC movements

Solana:

• Portfolio Updates: IA's SOL position now near double of ETH, and nearing BTC size.
• Performance & Usability: Touts SOL as superior to ETH, predicts a potential $150-250 price range this bull run.  Previous hope was $100 but we will smash that. 

Tesla:

• Seasonal Performance: Highlights Q4 as Tesla's strongest quarter.
• Investment Moves: Buys more TSLA options, predicts $300 price by January 10, 2024.
• Long-Term Outlook: Foresees TSLA stock reaching $8k-16k in 16 years.
• Valuation Model: Working on an updated TSLA valuation model - 10 profit attribution lines.
• Trading Insights: Shares success with synthetic long trades in Tesla as he tries to make the TSLA position equate that of BTC and MSTR
• TESLA Cycle: Tesla runs in three-year cycles what I mean by this is from 2010 to 2013 it was kind of flat that it went to a one year rampage in 2014. In 2014 to 2016 it was flat and then went on a rampage in 2017. 2018 till late 2019 it was flat and then I went to a huge rampage in 2020 and now we've been more or less flat for the last three years therefore 2024 will be a huge year if history repeats and I think it will 

Equities:

• Portfolio Diversification: Reports success profits from doubling down on ENPH in the 80's - new breakeven was $100.  SE is still underwater but a tiny position.  He thinks SE will have abumper Q4 qtr and will hold thru Q1. 

Options and Trading:

• Strategy Sharing: Describes his method for rolling options, anticipates a BTC surge before Christmas.
• 2023 Reflections: Reflects on his most successful year ever with at least three 50 baggers so far (a 50 bagger means the investment has grown 50-fold. For example, if you invested $1,000 in a stock and it became worth $50,000, this would be a 50 bagger. This kind of return is exceptionally high and usually requires a long-term investment horizon, coupled with a significant growth in the company's value over that period. Investors like Peter Lynch, famous for managing the Magellan Fund at Fidelity Investments, popularized the term)
• IA anticipates even better prospects for 2024. 

Miscellaneous:

• Industry Observations: Shares CEO insights on AI and cloud computing industry competition.