I am very happy to have ranked 15th and achieved a nearly 46% return in moomoo's papertrade tournament. Today, I want to share some of my determined positions and insights on CoinBase and MSTR with everyone for reference. I have not been in the market for a very long time, so I welcome criticism and differing opinions from all the experts. When starting to participate in papertrading, some preparation is needed in stock selection. At that time, the Fed had already implemented interest rate cuts, and bitcoin had started to rebound from its lows. With the economic situation improving, a large amount of funds has slowly returned to the market and the cryptocurrency circle. At that time, the US presidential election had already begun, noting that Trump supports cryptocurrency, which is very important. If Trump is elected, it will definitely be bullish for bitcoin, as well as for cryptocurrency exchanges and mining companies. Of course, everything is still unknown until the election is actually won. Therefore, based on existing information and analytical judgment, understanding the probability of King Trump's victory is very important. After Musk went all-in on Trump and Watts was nominated as vice president, I think the probability of winning seems clear, especially since the people at paypal, including the boss Peter, have already bet on it. So under these conditions, I have laid out MSTR.$MicroStrategy (MSTR.US)$and Coinbase$Coinbase (COIN.US)$, as well as miner stock Mara,$MARA Holdings (MARA.US)$, almost all in my large positions. Additionally, I also bought a small position in DJT Trump Media Group,$Trump Media & Technology (DJT.US)$, as it is a hot stock related to election speculation. The risks are high, but the returns are also considerable. Actually, I didn't buy leveraged ETFs, even though it's papertrade. I am still cautious because leverages can be quite volatile. Trading requires extreme caution and constant monitoring of the market situation.
Lastly, it is worth mentioning that, even though I learned a lot in this competition, papertrading is ultimately papertrading. Real trading should not be taken lightly. Investment involves risks, so entering the market requires caution. Thank you moomoo for supporting this fun competition!
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M Power
OP
deadGalaxy
:
Hello, I have been holding mstr and coinbase since the first week of 10.15, with cost prices of 196 and 199 respectively, and have been holding them until the end of the competition. The only profit-taking adjustments I made were for mining stocks and DJT, of which I sold immediately when Trump announced his election victory.
deadGalaxy : The main point is, when would be your best point to take profit and exit?
M Power OP deadGalaxy : Hello, I have been holding mstr and coinbase since the first week of 10.15, with cost prices of 196 and 199 respectively, and have been holding them until the end of the competition. The only profit-taking adjustments I made were for mining stocks and DJT, of which I sold immediately when Trump announced his election victory.
Pochong deadGalaxy : Maybe never, ever? It doesnt fall or retrace at all
Moomoo AU : Thanks for your sincere sharings!
jiaquan liu : k j