I never use leveraged instruments myself, seems super dangerous. Stock market is insanely emotional and goes from greed to fear in days just based on a single news item.
1984
joined 3 years ago
It has to do that to know when you say a keyword like "hey Google". I just wonder what other keywords it's listening to and using to serve ads or profile me as a user.
My car with Google assistant interrupted my conversation with my girlfriend yesterday and started giving me a haiku very loudly for no reason. I guess it was listening and thought we said haiku...
At least it made us laugh. But technology is ridiculous right now. So much shit we don't want or need.
I never bought Tesla stock. It's just hypes and dreams to me. I have a lot of Nvidia though, which is currently going down a lot too. But I will keep holding.
It's so hard to believe how people put so much money into a completely unknown stock (and with the joker Elon Musk involved in it) on day one. These people are not on their first day as investors but they are sure acting like it.
I think too many kids grew up on social media and believe whatever they read there. Fed by algorithms.
Even though, these guys have so much money so I guess it's adults? It's pretty shocking.
Elon is the one deciding everything so yeah, I can't see how some random ceo is going to have the same visions and drive to work all the time.
Nobody can see the future. We will see.
Its because they make money buying whatever goes up, instead of holding selected companies for a long time.
Think about it. You could have made 150% by holding micron for three months. Big tech companies take five years to make that much. So that's why these investors have to jump on the bandwagon no matter what the fundamentals are.
They also sell as soon as it starts to show weakness, which is why micron dropped 30% in like 3 days.
Enjoying Linux is a real feeling man. You may never have felt it...
You are overestimating how many people care about Elon since you are here on Lemmy where everyone cares deeply about it, seemingly.
Tesla is a hype stock and is based on hopes and dreams. Maybe it will get there but probably not. If Elon gets sick or quits, the entire company doesn't have a chance.
I would say there is a very big chance of that happening in the next few years.
The next big wave is probably robotics and tesla could have a chance there though to once again rise. But many other tech companies want the same market.
Because they don't get told the same things as the rich kids do.
Start investing very early and don't spend all your money every month.
Over decades, it becomes millions.