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This is the way, even with 1-5% of what you have. Especially for the current state of the market. Be shrewd with your entry as the above posts suggests with its
by rubyn00bie 4y ago
This is the way, even with 1-5% of what you have. Especially for the current state of the market. Be shrewd with your entry as the above posts suggests with its under $10 remark, and you’re almost assuredly gonna profit enormously in the medium-long term without ever losing a night of sleep from it.
I’ve been planning on doing exactly this with TQQQ and SOXL myself once they drop another ~40-50%. Though it should be noted I only have a small amount of capital to use compared to the OP (around 1% of the OP).
- rafale 4y agoIn the next 10-20 years, AI is gonna eat the world, just like software did, but 10x of that. We are still in the mainframe era of computing when it comes to AI. Large scale neural network take teams of experts to design and build, and supercomputers to train. All of that is coming to our computers and smartphones in the next decade or two, and it's gonna imprint everything we do and how we live our lives. ChatGPT and stable diffusion are just a glimpse in the future. With this thesis in mind, it's clear that (T)QQQ and semiconductor companies are gonna be huge winners in this new augmented intelligence era. One just needs the conviction to hold thru the emotional rollercoaster that leveraged ETFs are.