IA Daily Digest 21-22 Feb 2024 (Patreon)
Content
Summary of InvestAnswer's Posts - thanks Josh
Date: 21 February 2024 - 22 February 2024 📈
Bitcoin
Tom Lee affirms Bitcoin's status as sound money and predicts that BTC will reach $150,000 by 2024.
Real Vision Crypto Gathering:
IA discussed the Crypto Big Picture at the 2024 Crypto Gathering. general-crypto - Michael Anderson was awesome.
CLSK:
The IA Trade Alert for CLSK three weeks ago at $6.80 was a great oppty. CLSK now over $21.
HUT:
Considering CLSK's potential as the dominant force among BTC miners, HUT emerges as a potential short candidate. Pivot to AI is a copout.
Equities Rivian:
RIVN experienced a more than 25% decline following its earnings report. IADSS issued a sell signal prior to earnings.
Tesla:
Tesla continues to accelerate the production of their cybertruck. They had 140 of them in the lot the other day and are pumping out 80 a day as of last week. The ramp is slow but growing consistently. Meanwhile Ford recently announced a stop order for the 2024 model year F-150 Lightning. The stop order began on February 9, 2024, and is still in effect The reason for the stop order is an undisclosed quality issue that Ford is currently investigating. Ford has temporarily halted shipments of the F-150 Lightning to dealerships and has paused production of the electric pickup truck. Soon Tesla may not have any competition at all.
Real Estate:
If presented the opportunity to liquidate all of his Real estate and flip it into BTC immediately, IA would take this opportunity. THIS IS NOT FINANCIAL ADVICE. But he is very bullish on BTC
Portfolio:
IA notes the adverse impact on his portfolio due to the insane outperformance of names like MSTR, SOL and CLSK
Tesla FSD12:
Shares insights suggesting that Tesla is on the verge of a significant breakthrough in FSD12. They are apparently 98-99% there.
Monopoly:
Discusses industry data indicating Tesla's trajectory towards a monopoly in the automotive sector, citing examples of struggling competitors like Ford, Lucid, and Rivian.
Crypto Nosana:
NOS has become a dominant asset in IA’s SOLALT portfolio, surpassing his ETH bags in value.
Solana:
IA highlights SOL’s growing daily revenue, now equivalent to 8% of ETH’s revenue, showcasing the economic viability of SOL's thesis.