5 ms·
I am scared of this stock. I would not touch it with a 10 foot pole.
by vuciv1 6y ago
I am scared of this stock. I would not touch it with a 10 foot pole.
- sjg007 6y agoSo Bitcoin? More seriously, if Tesla can ramp up Model SUV tech with 400+ miles they can revamp the whole model. I would buy an electric suburban with 300+ max range with a 15 year lifespan tomorrow.
- kylebenzle 6y agoBitcoin is equally in "Ponzi" territory. When devs like Greg Maxwell and Adam Back social engineered the GitHub repo away from the original contributors they more or less killed the idea of Bitcoin as a currency and have since been pushing the idea that it is a "settlement" layer, or something like digital gold, not Digital Cash as it was intended. Without any real world use case and intentionally high fees Bitcoin, like Tesla, is pointlessly overvalued by people who could care less about the underlying technology and just hope to get rich off the hype train and sell to a greater fool. Real users and developers moved to projects like Ethereum, Bitcoin Cash and Monero years ago. All that are left are fan boys and marketers.
- edoceo 6y agoPuts then?
- kylec 6y agoThe markets can remain irrational longer than you can remain solvent
- deleted 6y ago[deleted]
- geerlingguy 6y agoThe problem is it goes up, it goes down, it goes sideways... but nobody has any clue why or when. Buy a put, lose money. Buy stock, lose money. Buy options, lose money. Or gain. Nobody knows; it's the definition of a speculative stock this past year. But to the amazement of all, it just seems to go up and up in the long term.
- deleted 6y ago[deleted]
- Matheus28 6y agoPuts require you to get the direction, strike and time correct. Really hard to guess on such an unpredictable stock like TSLA.
- beamatronic 6y agoThe trend is your friend until the end.