WOW,Hey everyone how is it going!!! Another great day to be alive and kicking I must say. How has everybody been doing since the election. Alot of unusual things happening with the stock market and what is going on.
Unless you been living under a rock for the last four months you wouldn’t of heard the name GameStop in the news. I reddit group pumping GameStop to up to $430 a share. This is a crazy time to be alive and quite possibly once in a centennial opportunity we have before us.
What is going on with the stock market why is it acting crazy. There are many reasons for the stock market going crazy. However, one of the huge shifts in the stock market is the global shift of focus. That’s right the world is turning its back to fossil fuels in hope of stopping climate change and turning its attention to renewable energy. Finding a new way to power our homes, cars, and life is over due. The real questioned is what technology will be discovered to do this. 1969 the United States land on the moon with discovery of the moon came some amazing technologies, such as MRI machine, microwave and etc.. We recently just landed a Rover on Mars to collect samples and search for life. We could find alot more technological advance moving forward and believe that a someone can master a new energy or master fusion.
Elon Musk recently went under investigation from the SEC for his Tweets about dogecoin crypto currency. He is excessively tweet on twitter about doge and how people should get it. Doge coin started as a joke and is becoming more stable however, due to the fact the there is a tremendous amount of dogecoin mined already and people do not like the software can make it sketchy. I am not a financial advisor this is opinion based on observation. OK, we got that covered. People don’t like dogecoin cause their is not limit other than 5% inflation and 8 billion printed yearly. So why or how could this go up and make since you ask?. Great question like the dollar it has no limit and is meant to be spent to buy things and exchange. So although this does not have a limit, if the world were to adopt this coin as currency and use it.. There would be trillions of dollars in transactions thus justifying its price to increase do to supply and demand, just like a U.S. Dollar. This is important to understand because alot of companies have adopted and accepted dogecoin already. Daytona Nissan accepts dogecoin as payment for vehicle, ill give you a hint.. apple recently announced they are working on a Apple car. Apple is going to use fiat to build the body and frame. However, recently Apple came out and said the would also be using Nissan to build Apple’s new car. Robinhood trading app only trades few crypto currency’s BTC,LTC,ETH,BCH,D0GE. Now I write this because Dogecoin is currently at 0.056, it has a big bullish flag forming that has been going on for a month, which is similar to last run up to 0.08. Would not buy this if it were above 0.06 or if your reading this post past 5 days of reading , Posted: 2/24/2021
Elon Musk has been very vocal about short sellers and how he believes it should be illegal to short a company. Shorting is betting the company price will go down. Buying is betting will go up. Anyways Elon very vocal about these short sellers for a very long time. Now the man who was the big short is at it again betting against Elon. I would not, I repeat I would not bet against one of the most intelligent person in the world with loads of resources at his disposal and the second richest man in the world for only a little bit longer. Tesla bets 1.6 Billion into Bitcoin, Crypto transfer larger money quick.. Now tesla drops 15 Billion and brings Elon to second richest man in the world. Next move could be Elon tranfers 1.6B+ Gains into Dogecoin around same time India, China adopt it as currency WOW!!. Tesla being the owner of this Skyrockets taking out all hedge funds and short sellers who bet against this Tesla, Irony. The universe sends us signals and foreshadows things right in your face, like many movies with hidden messages.
Why Crypto??? U.S dollar is at 93% inflation and rising. This shows are money is dieing like many before it. Go to a coin show and look around what do you see and buy? Old money that no longer exist, Bingo!!! Imagine if you could create or own the next currency and you have a 2000 digital coins competing for that right now. We don’t want a limit we need this currency to be very fast and limitless with inflation to continue the already working system in place. Hmm what currency is limitless and could be used for quick transaction??? People get what people want, however I once heard an analogy that this Doge is like marbles, it became super popular for awhile than after awhile it went away. This could be or could not be.
Lets review haha, you made this far. I made a strong case for this Dogecoin. The world is refocusing all the 401k, Roth IRA, and other retirement accounts into more renewable green stocks and other companies. Changing the stock market and changing some of the top tier companies out as new emerge. Crazy times to be alive and here are some solid stock picks Freeport McMoRan Inc. FCX $37.00 , Nokia $4.08. D0GE could be consider a very high risk reward.
Thanks for reading,
Helse 2020
