Summary of InvestAnswer's Posts - 12 December 2023 📈 (Patreon)
Published:
2023-12-14 02:14:01
Imported:
2023-12
Content
Solana Ecosystem:
- New Position in SHDW: InvestAnswer (IA) strategically acquired SHDW, expanding his portfolio within the SOL ecosystem, anticipating its growth. SHDW showed an increase from $0.65 to $0.95 shortly after IA's acquisition.
- Portfolio Balancing Strategy: IA plans to rebalance his portfolio as his positions evolve. For example, a potential 3x surge in ORCA might lead to a shift into PYTH. He is also considering divesting from all ETH holdings in favor of diversified SOL investments.
- OSOL Safety Assurance: IA affirms the oppty of OSOL and advises prudent risk management, suggesting not allocating more than 10% of BTC or SOL holdings to proxies. OSOL has rallied w SOL over last 24 hrs
- Timing with Confluence: IA relies on confluence as his primary tool for strategically timing purchases within the SOL ecosystem.
Crypto:
- Political Landscape Impact: IA discusses the impact of Elizabeth Warren's proposed crypto regulations, with U.S. presidential candidate Vivek scrutinizing Warren's finances for potential conflicts of interest. PS She has never passed a bill and adds no value to society and has made $70M off the Grift of being a senator.
- Bitcoin Pullback Perspective: IA reassures the community, characterizing a Bitcoin pullback as routine, and advises focusing on the broader perspective amid market noise. This is a buying Oppty.
Trading:
- Commitment to Transparency: IA emphasizes his commitment to transparency, sharing real-time updates on his trading activities with the community.
- Understanding Gamma Squeeze: IA shares a video guide on distinguishing between a short squeeze and a gamma squeeze.
Notable Market Moves:
Crypto:
- BTC down 1.6%
- SOL down 5.5%
Stocks:
- BITF up 10.1%
- NVDA up 2.2%