Need more proof that this is the year digital assets went mainstream? How about the fact that venture capital funds have poured about $30 billion into crypto, or more than in all previous years combined for the little more than decade-old technology.
As other established firms such as $Coinbase (COIN.US)$, Digital Currency Group and Polychain Capital bet on the next big crypto thing, all manner of experimental projects — a social media app that turns celebrities into tokens, a play-to-earn nonfungible token game inspired by Elon Musk or a collectible consisting of a list of words — secured funding.
"Investors are funding anything and everything," PitchBook analyst Rob Le said.
Source: Bloomberg

Then your actions determine your life. That is to say, the way you think can define how you live. Keep grinding. Keep sharpening your mindset, prepare yourself for all challenges along the way. Stop questioning yourself when you're down. Try to put the blame on other people. Although it doesn't sound entirely politically correct. But it's a hack for having great weekends lol. 
as usual, vote first plz
Let's go
@gorgeousevan: Without comment $Tesla (TSLA.US)$
@Carry only: Makes sense. $AMC Entertainment (AMC.US)$ $Nasdaq Composite Index (.IXIC.US)$
@demntia: $AMC Entertainment (AMC.US)$
@ProTraderMark: It's all about perspective $AMC Entertainment (AMC.US)$ $GameStop (GME.US)$ $Camber Energy (CEI.US)$
@Lukas Pivar: $Sea (SE.US)$ It is a continuous stock price adjustment for rapidly rising growth stocks. For long-term investors, this is just a dip.
@XDFX: $GameStop (GME.US)$ $AMC Entertainment (AMC.US)$
@Smart Jerry:
@Tyler Maltz: Crypto is always volatile. This is nothing new. Just like the bashers that come out of hiding when Doge comes to the bottom of its range then they all disappear when it goes a back over .30…  $Dogecoin (DOGE.CC)$ $Tesla (TSLA.US)$
@Ankur Tiwari: $Tesla (TSLA.US)$
@Blackwidow helen: $AMC Entertainment (AMC.US)$
This week, we'd like to invite you to comment below and tell about:
Have you ever questioned yourself when investing?
How did you get through it?
We will select 20 TOP COMMENTS by next Monday.
Winners will get 88 points by next week, with which you can exchange gifts at Reward Club.
*Comments within this week will be counted.
You may post:
● A related meme in gif or jpeg
● Your real-life experience
● Other creative ways to show your sense of humor
That's all for this week. Wish you have a wonderful weekend. 
Peace!

Musk — who was named Time's Person of the Year this week — spoke about Bezos during an interview with the Financial Times published on Wednesday.
Musk said in the interview that while his fellow billionaire has "reasonably good engineering aptitude," he feels Bezos "does not seem to be willing to spend mental energy getting into the details of engineering."
"[He] does take himself a bit too seriously," he added of Bezos. "In some ways, I'm trying to goad him into spending more time at Blue Origin so they make more progress. As a friend of mine says, he should spend more time at Blue Origin and less time in the hot tub."
Musk's comments are just the latest in a 15-year feud between the two centibillionaires, which has intensified amid a growing rivalry between their rocket companies, SpaceX and Blue Origin. "Turns out Besos [sic] retired in order to pursue a full-time job filing lawsuits against SpaceX," Musk tweeted in August. Bezos as Amazon CEO in July.
Musk has repeatedly and publicly called Bezos a "copycat" — once after Amazon announced its plan to launch internet-beaming satellites, and again when Amazon acquired self-driving-taxi company Zoox.
While Bezos has stopped short of calling out Musk directly, he has taken aim at Musk's biggest ambition: colonizing Mars, the main goal of SpaceX. Bezos' focus is on getting humans to the moon, and he's described the idea of reaching Mars as "un-motivating." "Go live on the top of Mount Everest for a year first and see if you like it, because it's a garden paradise compared to Mars," Bezos said in 2019.
Musk may lead the most valuable carmaker on the planet but he doesn't act like it in the traditional sense. Unlike top executives as other firms, Musk regularly tweets out memes, juvenile jokes, and the occasional company update to his 66.5 million followers. He frequently engages with fans online and gets into spats with critics.
Bezos' public image, by comparison, is highly curated. He has3 million followers on Twitter and isn't prone to the same unfiltered musings and casual banter as Musk.
Mooers, do you like Musk more or Bezos? Prefer Mars more or the moon?
$Amazon (AMZN.US)$ $Tesla (TSLA.US)$
Source: Business Insider, People

Asia stocks set for mixed open in countdown to Fed
Asian stocks are set for a mixed start Wednesday after the latest inflation data added to the case for tighter Federal Reserve policy, weighing on U.S. shares. The dollar rose with Treasury yields.
Australian shares slipped, futures for Japan fell and Hong Kong contracts were little changed. $S&P 500 Index (.SPX.US)$ and $NASDAQ 100 Index (.NDX.US)$ futures wavered. Technology shares led the drop on Wall Street as investors fret over reduced stimulus and sour on costlier parts of the stock market.
JPMorgan says it's OK if you're still in love with risky stocks
Investors should reconsider their affection for the safety of technology megacaps and start seeking out risky assets like beaten-down high-growth stocks and Chinese shares.
So says Dubravko Lakos-Bujas, $JPMorgan (JPM.US)$'s global head of equity research. "In the first half next year, assuming inflation shows signs of normalization, assuming the Fed ends up being more balanced and doesn't continue to move forward with tightening, which I believe the market is pricing in, and assuming the Covid situation starts to come back under control, I think you'll see a rotation from lower-beta megacaps into higher-beta."
New fund chasing day-trader favorites slammed by meme stock slide
The $ROUNDHILL MEME ETF (MEME.US)$ has fallen every day since its launch last Wednesday.
So far this week, $GameStop (GME.US)$ and $AMC Entertainment (AMC.US)$ have shed 15% and 16%, respectively. Meanwhile, the fund's top holding $Digital World Acquisition Corp (DWAC.US)$ -- the special purpose acquisition company taking former president Donald Trump's media company public -- is down 11%, bringing its losses to 23% since the ETF launched.
Elon Musk's stock sales could total $18 billion by the end of year
Elon Musk sold $906 million in $Tesla (TSLA.US)$ stock Monday. As of Tuesday morning, he has sold a total of 11.9 million shares, according to InsiderScore/Verity. Musk is making two kinds of stock sales — one to pay taxes on his compensation package and the other for straight cash-outs, or "to-pocket" sales.
Based on his 10% sale target, Musk will likely only sell another $5 billion before the year is out.
Dogecoin spikes more than 20% after Elon Musk says Tesla will accept it as payment for merch
Dogecoin skyrocketed more than 20% on Tuesday after Elon Musk said Tesla would accept it as payment for some merchandise. Musk has frequently talked up dogecoin, calling it his favorite digital coin and mentioning it in an appearance on "Saturday Night Live." Dogecoin hit a record-high price above 74 cents in May but has since plunged sharply.
Red-hot chip stocks are cooling
The $PHLX Semiconductor Index (.SOX.US)$, home to the likes of $NVIDIA (NVDA.US)$ and $Advanced Micro Devices (AMD.US)$, has gained 36% in 2021 after advances of more than 50% in both 2019 and 2020. That brings the three-year cumulative return including dividends to almost 250%, exceeding gains seen in any similar span of the late-1990s technology mania.
However, global growth in chip sales slowed in October to May levels and has been cooling for three straight months, industry show.
Adobe, Cloudflare lead plunge in cloud stocks after JPMorgan issues wave of downgrades on valuation concerns
JPMorgan analysts downgraded Adobe, Datadog, Cloudflare, Zscaler and other software stocks in an outlook report for 2022. "With rates climbing, this adds risk to higher multiple software stocks trading over 20 times revenue," the analysts wrote.
$Adobe (ADBE.US)$ fell almost 7%, $Cloudflare (NET.US)$ tumbled 9% and $Zscaler (ZS.US)$ was off almost 8%.
UK regulator says Google and Apple hold 'vice-like' grip on consumers
$Alphabet-A (GOOGL.US)$ and $Apple (AAPL.US)$ hold a "vice-like" grip over how people use mobile phones, Britain's Competition and Markets Authority said Tuesday.
The statement is a fresh warning to tech groups after the regulator stepped up scrutiny of the power they wield in a world increasingly lived online. It recently told $Meta Platforms (FB.US)$ it had to sell Giphy, the popular animated images platform it bought in 2020.
Source: Bloomberg, CNBC

Hi, mooers!
Did you enjoy a big meal with your family? We hope your Thanksgiving was full of laughter and happiness.
We want to say a big thank-you to all mooers. Thank you for sharing your stories with us. Your contributions to the community is highly appreciated! Now let's check out who put rewards into the pocket in the activity: For this, I am grateful.
Congratulations to the 1,888-Point Winners:
@Dadacai:"A Thanksgiving To Remember "
Be grateful for the minor things: "Reading the accounts of people who recovered from COVID-19 brought home to me the preciousness of simple pleasures like having our loved ones close to us, going outdoors and being able to taste and smell."
@Syuee:"Birds of a Feather, Flock Together!"
Thanksgiving is all about giving and sharing: "I always take this opportunity to help out the less fortunate. I will volunteer at the homeless shelter and serve food. Every Thanksgiving, I will donate canned food to the homeless in the canned food drives as well. The main purpose of Thanksgiving is to actually give and share selflessly."
@HuatLady:"A Gift Of Love"
Bring the best to your parents: "My cousin has pampered her partner with a FUTU/Moomoo gift to highlight to him, retirement is not a Crisis situation. It just means that he has the leisure in doing what he has Always wanted to Do, but Never has the time fulfill his wish."
@HopeAlways:"My Approach to Investing"
Thank my judgment and insights: "Investing is not a race for me as I am looking more to capture reasonable returns over the long term. I am grateful that I could take my time and pay close attention to what I am thinking along the way."
@战神鑫爷:"What are you grateful for in this investment journey?"
Never waste a chance to say thank-you: "All those who have crossed path with me, I shall say a very big THANK YOU , using this opportunity here to thank all of you, all my followers, new friends in this app, because of your like and also commenting on what I’ve written brings me the inspiration to continue to share with you more."
A big round of applause to 888-point winners:
@Cow Moo-ney:"Grateful for little things in life"
@iSpyderTrader:"What am I grateful for this Thanksgiving..."
@NANA123:"A newbie's README: thanks to mooers"
@Subhash Mishra:"Stock market 'has elevated my spending habits'"
@arigatoinvestor:"Investment tips to become Richer, Wiser, Happier"
@Rahul Bhanushali:"Find this old video in my bookmark"
@Yogesh Suva:"Grateful I lost money in the stock market: 8 things I learnt"
@Upncoming1841:"Appreciate the Sharing of Fellow Investors and Analysts"
@aoimizu:"What are your most important investments?"
@Powerhouse:"Gratitude makes my heart and soul be at peace"
Congratulations to all the winners! For those who aren't on the list, please don't be frustrated. You will be receiving 88 points as reward if your posts are relevant to the topic and exceed 50 words.
This year, Thanksgiving stories in the news are still all about COVID-19. Thankfully, we can still gather here to celebrate and cherish the friendly people around us and the lovely things we have. Review what other mooers' Thanksgiving stories for this year: For this, I am grateful.
Happy Thanksgiving again!