Shiba recently gained many followers due to its giagantic returns. Everyone who was holding few dollars of shiba became a millionaire now. As, an investor bought $8000 worth of shiba in March 2020 is worth around $5.7 billion right now. But we know that these extreme gains will have to kill/destroy something to reach this gains. There are certain things we know and we dont know about the crypto currency trading. We know that it's an unregulated market, thus practically the real value of every coin is zero. So, why these people are millionaires or billionaires?
1. Since its publically traded and unregulated, it can be easily manipulated to a point where it reaches to an unimaginably value. Thus, even if the coin is traded at that larger value, it creates an illusion that the coin is worth that amount. But once a larger portion of its quantity hits the market, and all buyers are fulfilled, it hits the ground. For example the recent event of the SQUID game token, it's a genuine token which was created by squid game company creators. It was a good concept, their website also had online squid games. However, creators sold their coins on market because it reached a crazy high amount. Many news sources say that the creators backed out of the project. However, I believe they sold it before leaving.
If someone is holding 30-50% of an asset which was created on a borrowed blockchain network(Binance network) for free without any effort. why wouldn't they not sell it at $2800 per coin which they literally made for $0.
who would bear the loss you might think?
The people who are trading this coin on buyer side starting from $0.1 to upto $2799.99.
Shiba Inu is also creating a similar environment but more drastically. Since, they are calling people who are buying and holding the coin as "Shiba army". This creates a false interpretation of the market as whoever is holding shiba inu is or will become a millionaire. For example just when shiba reached around 0.00009 someone dumped billions of tokens nearing in millions of dollars only(compared to shiba marketcap)
On 28th of October, you can see a sharp decline from the value of 0.000089 to 0.000058 those were the times, when fewest people sold their shib making millions. But due to the constant shib promotion and FOMO caused among people, SHIB was able to come back to 0.000071. This got shiba a market cap of around 40 billion usd overtaking the USDC and doge.
I expect that if someone who's holding billions of dollar worth of shiba comes and dump it on market because of fear or any possible reason. I believe the SHIB will also crash down like the SQUID token, bankrupting people who are on buy position at the market for SHIB, and the people who are holding it.
However, I do believe that SHIB will be able to cross 0.0001 mark because of the constant advertisements and efforts of shiba army. But I expect there will be some major disadvantages of holding coin for too long after that.
Please understand, trading is not like farming, where the money is purely generated. Trading is a secondary market, where money is only switching hands. The asset it switches hands on gets increased or decreased on values, that is not a universal price of the asset, since 10% of a stock or crypto will not be sold in a same price but 100% of the wheat could. A universal price is defined in a primary market, like commodity or factories(production, tech and ideas). Stocks thought are secondary but are derived from industries which are primary(producing something) or having technology and ideas. So, stocks can be a good alternative of growth in money, but not the crypto assets. I have already mentioned in my previous posts about the USDT coin, like how they ensure that its backed by USD but they dont even have thousand USD for tether savings backend.
Even the ethereum is crazily overpriced. As the suggested transaction price proves the point. For example a bitfinex transaction costed around $33 million to transfer just $100 thousand. This is the transaction hash as a proof.
https://etherscan.io/tx/0x2c9931793876db33b1a9aad123ad4921dfb9cd5e59dbb78ce78f277759587115
Thought, it is a shady play to invest in new crypto or some meme coin. But of you get like millions or even thousands in it, just cash it out before it's too late.
Happy Halloween and happy trading guys!

$Northrop Grumman (NOC.US)$ simple and easy. 360 to 370 consolidate so long. strong support to buy. Bad guys short more? I buy more. PT 400 to sell those extra lots.

I would do your own research and make sure you develop an investment strategy that suits your needs. For me I have bought into a lot of dividend growth and tech.
My tech holdings are: $Microsoft (MSFT.US)$ $EPAM Systems (EPAM.US)$ $Endava (DAVA.US)$ $MercadoLibre (MELI.US)$ $Sea (SE.US)$ $Alphabet-C (GOOG.US)$
But the catch is I didn’t buy these all recently, like Msft I bought at $190. Dava and epam were more recent, same with meli and se on the recent tech crash. I have decent cashflow tho to deploy money. I can deploy about 4K a month into the market after expenses, not including my dividends from stocks.
My dividend stocks are: $Lockheed Martin (LMT.US)$ $Northrop Grumman (NOC.US)$ $Agree Realty Corp (ADC.US)$ $VICI Properties (VICI.US)$ $Stag Industrial Inc (STAG.US)$ $BRP (DOOO.US)$
Some were bought last year some I averaged into this year. Make sure you do your own due diligence tho bcuz a crash could very well be on the horizon and nothing will be safe if the overall markets plummet. I don’t try to time the market, so I keep some cash on hand and consistently buy. That’s just me tho, some ppl can’t handle looking at heavy losses and have weak hands (used to be me years ago when I first started at 18-19, now 28)

$UP Fintech (TIGR.US)$
just reached all time low in 52 weeks

Q&A is a session under a company's earnings conference that institutional and retail investors ask some most-concerned questions to the management. On this page, you may find out some valuable info that might affect the stock price in the following weeks. $Sea (SE.US)$
Key Takeaways:
Attitudes: the management is optimistic about Shopee's long-term growth.
Goals: the company changed guidance for gaming to focus on long-term growth.
Products: the company continues to grow Free Fire MAX with higher resolution and more features than Free Fire.
On the gaming side, you have not changed your guidance. And based on your nine months' results, it's indicating that the gaming portfolio is going to be declining in the fourth quarter despite the launch of Free Fire MAX. Is there any trends that make you guide this way?
We believe our game guidance given the beginning of the year has been a very strong guidance in terms of monetization given the comp versus last year. And the overall size of the game portfolio we have already achieved and scaling up so rapidly over the course of a few years. So I think it's very important for us to also focus on solidifying our user base and our game content and pipeline and capabilities, to focus on long-term growth and long-term maximization of the potential of the Free Fire platform and IP as well as the diversification of our genres across a further stronger spectrum.
With the Free Fire quarterly addition of active user slowdown to single digit in the third quarter, will this suggest more or less saturated penetration of Free Fire user TAM? Or will there be room for further reaccelerated with more new games launch?
We've enjoyed a very strong growth, and Free Fire being one of the largest mobile games perhaps in history so far, and we continue to see strong user base. In fact, if we look at our metrics across the board, they have improved not only year on year, but also quarter-on-quarter. So going forward, we're looking to sustain our existing strong user base in the existing markets and explore new growth opportunities in markets that we haven't deeply penetrated especially with the launch of Free Fire MAX and new features. We are further focused on building out our strong IP and platform.
Free Fire MAX was launched in late September. So could you give us some insights on user engagement? How is that option and time spent? How different is it from Free Fire? And how does it impact your 2022 outlook?
In terms of Free Fire MAX, it is still at very early stage. We already see some positive and encouraging signs within our expectation of deeper engagement with users who have higher spec phones and they can enjoy higher resolution pictures and more features, etc. And also within Free Fire MAX, we have introduced some features such as Craftland, which allows people to add a map and customize it and make it available for other users. This is our initial test in creating more user generation, content tools for our community engagement, and bringing more creativity from our communities into the game itself. So we are very much looking forward to the fourth quarter and ahead to continue to grow this game.
You talked about normalization post COVID, could you take us through the range of possible outcomes as we come out of COVID?
On the one hand, the step-up in digitalization in our markets, the forming of user behavior to shop online and also sell things from online by more of the especially the small businesses and even the brands are permanent here to stay. Meanwhile, we haven't seen any particular economies being so deeply or permanently impacted by COVID that there is clearly an impact on consumption. And at least from our perspective as a market leader, we continue to grow in our market leadership, especially in our markets, which are generally high-growth markets with low e-commerce penetration, we continue to see long-term growth potential. So on that front, we are quite optimistic about the long-term growth potential of e-commerce.
Can you elaborate what is the target you wanted to achieve, especially from the European countries? What kind of KPI that you will monitor to assess that your progress is well achieved and to potentially to evaluate to invest more?
We believe that we have gained a deep operational experience in operating in different markets as well as outstanding of our business model focusing on mobile native, social commerce driven and long-tail high diverse categories. However, being humble is one of our core values. Hopefully, our entrance could add value to the markets and see potential new growth areas that could also further promote the local e-commerce growth together with our peers. However, we haven't set any fixed KPI. I think it's still at a very nascent exploratory stage. We are optimistic of our Shopee's long-term growth because we believe there is a global demand for our business model.
This article is a script from the Q&A session of Sea Limited's earnings call on Nov 16. In order to facilitate reading, we have made appropriate cuts. If you want to know more details, you can click here to re-watch the full page.

Q&A is a session under a company's earnings conference that institutional and retailinvestors ask some most-concerned questions to the management. On this page, you may find out some valuable info that might affect the stock price in the following weeks. $Alibaba (BABA.US)$ $BABA-W (09988.HK)$
Key Takeaways:
Attitudes: long term-wise, themanagement is optimistic aboutthe multi-engine growth strategy.
Goals: the company's guidance is to grow between 11% and 16% in the H2 of FY2022, stepping down from the H1.
Q: Given that Taocaicai, Taobao Deals, the results are doing very good and we are seeing Taobao Deals the AAC already surpassing 240 million. When should we expect the monetization to ramp up?
A: Our priority for Taobao Deals and Taocaicai is still to build the infrastructure in terms of the manufacturers-to-consumers model in Taobao Deals, as well as a hyper local community marketplace infrastructure. And in terms of user engagement, we see very strong user engagement in the past quarters. The AAC for Taobao Deals reached 240 million and for Taocaicai which also show a very good, I mean, user conversion to the fresh produce and the food categories. So we are very confident that if we can provide value to the consumers, we believe that we can generate also the value to the platforms as well.
Q: You guys mentioned that the weak revenue momentum was due to both macro and competition.For competition, what are the areas that you see the most pressure and the challenge, and what are the strategies to regain competitiveness in those areas?
A: Today, the definition of e-commerce is evolving. There are multi-formats of e-commerce model. And as long as you have some traffic, you have a user with you and based on the public available third-party payment solution and the logistic and delivery, fast delivery, express deliveries, anybody can try something on e-commerce. But we strongly believe that for Taobao, our advantage is a consumer mindset -- and we are purely a consumption destination for all the customers, so we will continue to develop multi-features and applications in our Taobao app at the same time to segment our user group by different mobile apps for specific value propositions.
Q: Your guidance seems to suggest you'll grow between 11% and 16%, in the second half of 2022, and that's a step down from the pace of growth you had in the first half. So what are you seeing that gives you the conviction that this slow pace will be maintained through the second half of 2022 fiscal?
A: That assumption is mainly based on the GMV growth expectation and the impact on the revenue growth is mainly placed in the core commerce and China retail commerce. We see this may continue for the following quarters. And if you look forward beyond this year, our revenue growth engine now is already beyond the China consumption beyond the CMR (customer management revenue).
So CMR, if you look at this quarter, it accounts for around 36% of total revenue, where it used to be over 50% several quarters ago. So this is because all of these cloud computing and international businesses, China, local service, they all start contributing and increases contribution to our total revenue. So this is where we talk about multi-engine growth and continue to expect to see growth in these areas.
Q: On some of the kind of new growth business that you highlighted at the press release, including both the international business and also the cloud computing business. How should we look at the growth outlook in the future?
A: You see that both cloud and international business show a very robust growth. The cloud this quarter resumed their growth to 33% year-on-year. For international wholesale and retail business as a whole reached year-on-year growth rate of 34%. So I think for both business, today, both of them are in early stage of development, early stage of growth. We're still trying to build the right infrastructure to make sure we capture the long-term opportunities and to maintain a sustainable growth. As we always said, we focus on growth, but we focus on quality as well. So we focus on a sustainable growth in capturing this new opportunities. But long term-wise, we are very confident about this multi-engine growth strategy.
This article is a script from the Q&A session of Alibaba's earnings call on Nov 18. In order to facilitate reading, we have made appropriate cuts. If you want to know more details, you can click here to re-watch the full page.