Summary of InvestAnswer's Posts 19 December 2023 📈 (Patreon)

Summary of InvestAnswer's Posts 19 December 2023 📈  - thanks Josh

Tesla Opportunity:

IA perceives the opportunity to invest in TSLA as monumental, deeming it one of the best chances of a lifetime. He considers it a gift that Wall Street fails to recognize TSLA's true potential.

Ttesla⁠ Boat: 

Elon Musk hints at a modification that could transform the Cybertruck into a boat.

Bots:

If one is looking to avoid getting displaced by bots or AI, IA suggests looking into work that requires creativity. 

Valuation:

IA reiterates that TSLA is significantly undervalued.

Solana Price Predictions:

IA predicts SOL could effortlessly reach $250 to $300 once Firedancer is operational.

Market Cycle:

The early bull cycle concluded last year, and IA asserts that we are now in a full bull market cycle.

SOL Ecosystem:

IA expresses interest in ORCA as the #3 DEX and believes RAY is undervalued.

Plans:

IA now concentrates on SOL Ecosystem plays, emphasizing real use cases, leadership, PMF and robust tokenomics. He expects a rise in other assets as SOL gains traction. Part of black hole theory. 

Bitcoin:

Discounts and Premiums:

IA shares insights on discounts and premiums for GBTC, ETHE, MSTR, and more.

Miners:

IA predicts miners will outperform BTC and provides updates on the mining sector.  Miner fees is a big part of this thesis. 

Equities:

ENPH:

ENPH shows positive momentum in early trading. IA envisions a promising 2024 for ENPH with a target of 160, currently holding synthetic longs at 120 and 80.  This was a perfect example of "how to double down" and the position is up significantly - breakeven on the two sets of SL's is $100. 

Mission:

IA's mission is to assist others in desperate times, passionately embracing his work, helping others get out of the rate race, become financially independent and do good in the world.

Market Predictions:

IA had a sandbagged SP500 target of 4600 in December 2022 when SPX was 3800, SPX now bumping up against 4800 - surpassing the target. The target at the time meant a greater than 21% gainer in 2023.