Summary of InvestAnswer's Posts 23 Dec 2023 📈 (Patreon)

Summary of InvestAnswer's Posts 23 December 2023 📈

BIG THANK U TO JOSH WHO HELPS WITH ALL THIS

Solana and Ecosystem:

NOS Potential in the SOL Ecosystem:

IA posits that NOS could emerge as an enticing choice within the SOL ecosystem for those interested in AI applications.

SOL Upside Model:

Exploring the potential, IA suggests that if SOL achieves 70% of ETH's market cap, it could propel SOL well beyond $1300.

JUP as a Key SOL Ecosystem Play:

IA proposes that JUP could represent a major play within the SOL ecosystem, positioning itself as the next Coinbase and Uniswap.

Use Cases of IA's Current Portfolio:

IA shares insights into his current SOLALT portfolio holdings and their respective use cases.

Bull Run Observations:

Reflecting on the market dynamics, IA identifies BTC as the first bull run, ETH as the second, and asserts that SOL is leading the charge in the third bull run.

SOL Hits $100 Milestone:

IA notes the significant milestone as SOL surpasses the $100 mark for the first time this year.

Portfolio Update:

SOL now holds the position of IA's largest pure-form crypto investment.  His two biggest positions are now TSLA and SOL, then MSTR then BTC.

Bitcoin and Miners:

CIFR vs. CLSK Decision:

IA discusses choosing CIFR over adding to CLSK positions, emphasizing balance in his miners and CIFR's potential for further gains.

CLSK Holding Strategy:

IA continues to hold CLSK, with no plans to sell as his cost basis is currently at a credit.

Front Running the ETF with BTC Miners:

IA maintains the strategy of purchasing BTC miners before ETF approval to anticipate market movements, expressing confidence in CIFR's outperformance compared to ETH.

Tesla:

Tesla's Revenue Growth Comparison:

IA highlights the disparity in revenue growth between Tesla and Apple, emphasizing Tesla's continued growth and innovation.  Either 2024 or 2025 and this stock will explode.  2023 was the best year to stack and IA more than doubled his position (which he has had since 2017)

Price Predictions for Tesla:

Expressing confidence, IA predicts a potential surge in Tesla's stock price similar to SOL's recent performance, emphasizing the importance of patience.

GBTC Swap Trade Idea:

IA discusses a member's trade proposal involving selling TSLA for GBTC to play the ETF news, providing insights and caution regarding potential tax considerations. IA believes TSLA will pop and line up with the BTC cyle well.

Trading:

IADSS as a Power Tool:

IA recommends choosing IADSS over ATR for serious traders with a portfolio exceeding 7k, highlighting IADSS as the ultimate power tool.  ATR however is the most configurable trading tool of its kind on the planet.

Option Trading Approach:

IA outlines his approach to options trading, eschewing stop losses in favor of a long-term thesis lasting at least a year and doubling down on dips.

Compounding Strategy:

Discussing the potential benefits of compounding, IA suggests that with an 80% win rate over 24 years, one can multiply their portfolio multiple times annually.

Notable Market Moves

• Crypto

SOL up 14.7%

Happy Christmas 🎅 🎁 🎉