Conviction plays vs market sell off
$SoFi Technologies (SOFI.US)$ $Palantir (PLTR.US)$ $NIO Inc (NIO.US)$
Funny thing about the recent sell offs, the FUD is making people sell out of high conviction growth plays at all time lows and switching to mega caps at all time highs. This theory makes no sense at all. In a market correction, everything plunges. it makes sense to DCA into high growth conviction plays instead of mega caps simply because on the road to recovery, it’s these high conviction growth plays that brings you the most gains.
Don’t be a fear donkey and do what the idiots do.
Funny thing about the recent sell offs, the FUD is making people sell out of high conviction growth plays at all time lows and switching to mega caps at all time highs. This theory makes no sense at all. In a market correction, everything plunges. it makes sense to DCA into high growth conviction plays instead of mega caps simply because on the road to recovery, it’s these high conviction growth plays that brings you the most gains.
Don’t be a fear donkey and do what the idiots do.
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70229483 : The analysis makes sense.