Get started

Invest

Please Don't Sleep On Litecoin (LTC) 2021 Digital SilverLitecoin is possibly the most important alt-coin aside from Ethereum in my opinion and it is still a sleeping giant. Why do I say that? Simply because of longevity and trust. Developed in 2011, Litecoin is by far one of the oldest cryptocurrencies that has remained a top 10 cryptocurrency for over 95% if its lifespan and that won't change any time soon. Do not underestimate the importance of time and trust in the market, especially in a market like cryptocurrency. I believe many people underestimate Litecoin's network effect of being the go to trusted alt-coin for an expansive source of liquidity, trust, and stability. Where Bitcoin goes Litecoin will most likely follow. I say this because after Bitcoin and Ethereum, Litecoin tends to be the next crypto asset many accredited investors and institutional investors turn their eyes to. Why? Because of trust. With that being said, Litecoin still has a lot of run up and room to grow. If you think Litecoin will not re-test or surpass it's all time highs you may want to re-consider that thought. Litecoin is the oldest "oscillator coin" that will grow and follow bitcoin’s price performance closely. Currently trading at $155 it is still a great time to invest in Litecoin and be a whole coiner before a new price discovery phase commences this year. We have major resistance at around $172 but once we break past the 0.382 we can expect a run up to test the 0.5 on the Fibboancci Retracement putting us around $219 for the next target. Happy investing and trading! Cheers!
COINBASE:LTCUSDLong
by peacefuljustin
1
Ethereum Fibonacci Levels!This chart is an extension of my last idea. I drew the Fibonacci retracement from the last high to the recent low and it coincidentally matches up with my T/A. I'm even more confident with my idea now if this plays out; nice profit! Trade safe with a stop loss, the stop loss on this chart is just below the previous low in case we form a double bottom pattern, I shall be looking out for this in addition to a pin bottom reversal. In order to identify this pattern, there must be a rejection of lower prices that gives traders the impression that the price will return to an uptrend.
BYBIT:ETHUSD.PLong
by CountOnCrypto
10
How do you evaluate the upside potential on new IPO's UPSTSo Upstart looks like a really exciting company. Ex OG google brain started up this AI lending system that beats out traditional models by a lot. I like the team, I like the idea, and it's performing well. with already close to 200% up from it's IPO price though, I'm weary to jump in. Market cap is at 4.5B which is a little high for me cuz I usually target small cap stocks. The lending industry is multi trillion dollars though so technically this thing could shoot to the moon. Would love some advise on how to approach this trade.
NASDAQ:UPST
by lillybear
Looking Back on 2020's Trades and InvestmentsThis is a Trading and Investing Review Sheet for 2020, where you look back on all your trades and investments, and evaluate on how the year went. This post was inspired by Richard Moglen on Twitter. As a trader, evaluate your trades based on this criteria: 1. Profitability 2. Max Drawdown (MDD) 3. Trading Strategy 4. Capital Management 5. Trading Plan 6. Trading Log 7. Emotional Restraint 8. Education 9. Routine 10. Best Trade of 2020 11. Worst Trade of 2020 12. Improvements for 2021 As an investor, evaluate your investments based on this criteria: 1. Profitability 2. Risk Management 3. Investment Ideas 4. Capital Management 5. Portfolio Management 6. Diversification 7. Investment Strategy 8. Education 9. New Opportunities 10. Best Investments of 2020 11. Worst Investments of 2020 12. Improvements for 2021 If you like this educational post, please make sure to like, and follow for more quality content! If you have any questions or comments, feel free to comment below! :)
TVC:SPXEducation
by Michael_Wang_Official
16
Wunong Net Technology Co. shares soared as much as 402%Wunong Net Technology Co. shares soared as much as 402% on Wednesday as the e-commerce company extended its climb in a second day of trading since its initial public offering, showcasing Wall Street’s recent appetite for newly listed companies. Stock in the retailer -- which sells “non-genetically modified” food products through its online store -- soared on the day as it triggered 12 volatility halts as of 2 p.m. in New York. Shares rose 141% on Tuesday after the Shenzhen-based company raised $30 million in its IPO . The stock’s debut is among a flurry of listings before the end of the year, which includes last week’s blockbuster offerings by DoorDash Inc. , which climbed 86% on its first day, and Airbnb Inc. , which surged 113%. finance.yahoo.com
NASDAQ:WNW
by AlenCiken
It happened: ABNB broke the IPO highSo for those that were patient and were following my last post about ABNB I just got an alert that it finally broke the IPO day high. At this point there are different ways to structure a good trade both in terms of entry and in terms of risk. Entries: Take a breakout now... this is for the FOMO traders out there that are afraid of missing the move! (I find this to be a poor method in general) Wait for a pullback to the level proper. Now that there is some established prior price action one can setup stops at technical levels either below the last swing low or the all time low. This is very helpful in structuring your risk and position size. Good luck!
NASDAQ:ABNB
by norok
2
Example of a bad IPO playI drew this up for a user who asked more detail about the IPO playing strategy I have discussed before. It's important to look at the worst case scenarios (rather than the best case) when evaluating ways of trading. The guidelines are simple to base a trading strategy around: Wait for the high of IPO week Wait for the break Take a pullback to that level Risk management and trade management around these rules are up to the individual trader but those are guidelines that at least keep someone wanting to play an IPO out of trouble. If a trader deviates from this plan they might get lucky, catch that falling knife, and be really happy at how "CLEVER" they were to get it at such a GREAT PRICE! ...But do that enough times and one time you'll become a bagholder. Having a set SIGNAL and ENTRY keeps your trade DEFINED . It gives you something to base your risk and trade management. If you try to buy an IPO at an arbitrary price... where is your risk? Stock going to $0? The key is for an IPO trader to avoid something like NASDAQ:LYFT which just never comes back. If you were to allocate capital to something like this it's easy for your capital to get destroyed because you really only have two hard price points of risk management: Your maximum pain Stock goes to $0 Neither are optimal situations for trading. Have a plan. Trade your plan.
NASDAQ:LYFT
by norok
Super Simple Smart way to play IPOsMy last video got a lot of traction where I was critical of people that buy IPOs on the day of offering. There is a better way! When you see it and how simple it is... you will laugh! Even if you believe in the company, have done your DD, and are ready to make your investment based on fundamentals this method will help you avoid drawdowns and increase your probability of success! One warning though: it requires PATIENCE which many may lack! :P
DEducation
by norok
15
Airbnb — 30% Yield Potential for the Most Anticipated IPO 2020Airbnb, the world-famous online platform for finding and renting private housing around the world, is launching its IPO on December 9. Since its inception, the platform has catered to over 825M customers. Airbnb IPO: Key Facts IPO Date: December 9 IPO Cap: USD 28B Number of Post-IPO Shares: 596.39M Shares for IPO: 51.90M IPO Size: USD 2.44B Starting Price: USD 44 to USD 50 per share Target Price: USD 65 per share Underwriters: Morgan Stanley and Goldman Sachs Potential Market The company estimates its potential market at $3.4T, of which $1.80T accounts for short-term stay or rent. The core competition includes Booking Holdings (Booking.com, KAYAK, Priceline.com, and Agoda.com), Expedia Group (Expedia, Vrbo, HomeAway , Hotels.com, Orbitz, and Travelocity), Trip.com Group (Ctrip.com, Trip.com, Qunar, Tongcheng-eLong, and SkyScanner), Meituan Dianping, Fliggy (Alibaba) Despegar, MakeMyTrip, Marriott, Hilton , Accor, Wyndham, and InterContinental, among others. Financial Figures In 2018, Airbnb's earnings increased by 43%, in 2019, 32%, while over the nine months of 2020, the earnings went down by 32% due to the pandemic. The EBIT margin reached -3% in 2017, 1% in 2018, -10% in 2019, and -19% over the nine months of 2020. The main reason for the rising spending and lower margin is the development cost growth: 16% of earnings in 2018 compared to 20% in 2019 and 27% over the nine months of 2020; the G&A reached 13% in 2018, 15% in 2019, and 17% in January to September 2020. Forecast The upside potential may reach 30% of the starting price ($50). The FCFF model projects a net worth estimate of $39.064B, taking into account the conservative values. The target price is at $65 per share, with a 30% yield potential.
NASDAQ:ABNB
by zigangirov
Airbnb — 30% Yield Potential for the Most Anticipated IPO 2020Airbnb, the world-famous online platform for finding and renting private housing around the world, is launching its IPO on December 9. Since its inception, the platform has catered to over 825M customers. Airbnb IPO: Key Facts IPO Date: December 9 IPO Cap: USD 28B Number of Post-IPO Shares: 596.39M Shares for IPO: 51.90M IPO Size: USD 2.44B Starting Price: USD 44 to USD 50 per share Target Price: USD 65 per share Underwriters: Morgan Stanley and Goldman Sachs Potential Market The company estimates its potential market at $3.4T, of which $1.80T accounts for short-term stay or rent. The core competition includes Booking Holdings (Booking.com, KAYAK, Priceline.com, and Agoda.com), Expedia Group (Expedia, Vrbo, HomeAway, Hotels.com, Orbitz, and Travelocity), Trip.com Group (Ctrip.com, Trip.com, Qunar, Tongcheng-eLong, and SkyScanner), Meituan Dianping, Fliggy (Alibaba) Despegar, MakeMyTrip, Marriott, Hilton, Accor, Wyndham, and InterContinental, among others. Financial Figures In 2018, Airbnb's earnings increased by 43%, in 2019, 32%, while over the nine months of 2020, the earnings went down by 32% due to the pandemic. The EBIT margin reached -3% in 2017, 1% in 2018, -10% in 2019, and -19% over the nine months of 2020. The main reason for the rising spending and lower margin is the development cost growth: 16% of earnings in 2018 compared to 20% in 2019 and 27% over the nine months of 2020; the G&A reached 13% in 2018, 15% in 2019, and 17% in January to September 2020. Forecast The upside potential may reach 30% of the starting price ($50). The FCFF model projects a net worth estimate of $39.064B, taking into account the conservative values. The target price is at $65 per share, with a 30% yield potential.
NASDAQ:ABNB
by zigangirov
3