Summary of InvestAnswer's Posts 24 - 26 December 2023📈 (Patreon)

Summary of InvestAnswer's Posts 24 - 26 December 2023📈 

Thanks Josh 

Bitcoin:

Four-Year Cycle Extended:

IA posits that the traditional four-year BTC cycle might evolve into an eight-year cycle, emphasizing that the cycle's initiation hasn't occurred yet.

⁠solana⁠

LILO Model for BTC:

The LILO model designates layer 10 for BTC at $113k.

IA New BTC Bull Run Price Targets

Solana and Ecosystem 2024 Outlook:

IA predicts JUP and SOL to be the pivotal events in 2024.

SOL Price Predictions:

IA reaffirms his projection that SOL will triple whatever BTC achieves. If BTC hits $130k, SOL is anticipated to surpass $363.

Dominance Milestone:

SOL reached 3% total crypto dominance before Christmas, prompting IA to consider recalculating his price targets.

⁠Ecosystem Growth:

IA anticipates SOL ecosystem plays to experience a 3-5x increase if SOL achieves a 2-3x gain.

⁠solana⁠

OSOL Trade Success:

IA's OSOL trade, initiated on Dec 12th, has yielded a remarkable 375% gain.

Jim Cramer's Perspective:

Cramer, told folks to sell SOL w disillusionment with Solana near a double bottom when SOL was at $15 during early Summer.  

IA's Reflection on Selling Solana:

IA contemplates the unusual times we live in, predicting the next two years to be transformative. He advises humility, cautions against greed, and assures assistance in exiting when the time comes. This is not the time to sell out. 

⁠Equities:

SP500 Projection:  IA expects SPX to reach 5600 in the coming year.

Index Fund Stance:

IA firmly refrains from engaging with index funds, bonds, and fixed interest assets.

IA's Portfolio Breakdown:

IA's current portfolio, in order of size: 1. Tesla 2. SOL 3. MSTR 4. BTC - MSTR and SOL leapfrogged BTC with explosive gains. 

SE and OSOL Performance:

SE is 96 cents away from IA’s breakeven, $40.  While OSOL narrowly missed IA’s $200 target by only 1 cent. 

Tesla Investment Strategy:

Despite IA’s cost for Tesla before 2023 being $17.50, he continues to accumulate, foreseeing Tesla's returns to mimic Solana's success in 2023.

ATR as a Valuable Tool:

IA regards ATR as a valuable tool, emphasizing that those who don't grasp it should refrain from trading with it.