Autotech
liked
$Skillz (SKLZ.US)$
let's go , it's a good stock at high discounted price
let's go , it's a good stock at high discounted price
3
I buy stocks knowing that I am picking the losers. I expect to lose money! In 2 years I have made no money from stocks. I just leave my investments alone and hope they go up one day!
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Autotech
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President Joe Biden is expected to propose a new minimum tax primarily aimed at billionaires when he unveils his 2023 budget, according to a document obtained by CNBC.
Dubbed the "Billionaire's Minimum Income Tax," it would tax U.S. households worth more than $100 million at a rate of at least 20 percent. More than half of the revenue may come from businesses worth more than $1 billion.
"This minimum tax will ensure tha...
Dubbed the "Billionaire's Minimum Income Tax," it would tax U.S. households worth more than $100 million at a rate of at least 20 percent. More than half of the revenue may come from businesses worth more than $1 billion.
"This minimum tax will ensure tha...
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Autotech
voted
Spoiler:
At the end of this post, there is a chance for you to win points!
Happy Monday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
Part Ⅰ: Make Your Choices
Part Ⅱ: Buzzing Stocks List & Mooers Comments
Every major index moved upward, Russell 2000 Index gr...
At the end of this post, there is a chance for you to win points!
Happy Monday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
Part Ⅰ: Make Your Choices
Part Ⅱ: Buzzing Stocks List & Mooers Comments
Every major index moved upward, Russell 2000 Index gr...
![Weekly Buzz: Why did the first stock of metaverse plunge?](https://ussnsimg.moomoo.com/1644216824603-77777000-android-org.gif/thumb)
![Weekly Buzz: Why did the first stock of metaverse plunge?](https://ussnsimg.moomoo.com/1644216550916-77777000-android-org.png/thumb)
![Weekly Buzz: Why did the first stock of metaverse plunge?](https://ussnsimg.moomoo.com/1644216824615-77777000-android-org.jpg/thumb)
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I look at long term investment much like constructing a house. You need to build a strong foundation to support the rest of the structure for the future. As time goes on you add to that foundation to continue building knowing full well that your structure will stand the test of time. Eventually you are able to expand your foundation and build a larger house.
Investing is the same, without good long term stocks to support you, your future future has nothing to build with.
Investing is the same, without good long term stocks to support you, your future future has nothing to build with.
2
Autotech
reacted to
The U.S. stock markets have been hovering near records since November. Investors are taking a breather amid the recent volatility.
This week, the U.S. stock markets rebounded from the last week's pullback before and on the quadruple witching day.
Have you noticed the market trends in time and grasped the trading time?
Too busy and have no time?
How to strike a balance between investment and work?
Maybe you can't help but want to know one of our most popular features-AI Monitor.
[Everyday Power]
What is AI Monitor:
AI Monitor aims to pay close attention to the real-time abnormal trend of the market and make investment more manageable. It issues alerts to help you seize trading opportunities and seize investment opportunities.
How to find it:
Quotes - Explore - AI Monitor
Don't forget that continuous learning and research are necessary for successful investment. The assistance of AI Monitor is the icing on the cake.
[In Discussion]
Some investors believe that the market is ready for the「Santa Claus rally」.
What is Santa Claus rally?
The Santa Claus rally describes a rise in the stock market over the last five trading days of December and January's first two trading days.
The seven-day combo yielded positive returns for nearly 78% of the time from 1950 to 2019
Do you believe in Santa Claus rally? Will it affect your investment decisions? What's your plan for the 2022 investment?
[Weekly Wins]
For more investment knowledge and trends, welcome to Courses in the Community.
$S&P 500 Index (.SPX.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Nasdaq Composite Index (.IXIC.US)$
This week, the U.S. stock markets rebounded from the last week's pullback before and on the quadruple witching day.
Have you noticed the market trends in time and grasped the trading time?
Too busy and have no time?
How to strike a balance between investment and work?
Maybe you can't help but want to know one of our most popular features-AI Monitor.
[Everyday Power]
What is AI Monitor:
AI Monitor aims to pay close attention to the real-time abnormal trend of the market and make investment more manageable. It issues alerts to help you seize trading opportunities and seize investment opportunities.
How to find it:
Quotes - Explore - AI Monitor
Don't forget that continuous learning and research are necessary for successful investment. The assistance of AI Monitor is the icing on the cake.
[In Discussion]
Some investors believe that the market is ready for the「Santa Claus rally」.
What is Santa Claus rally?
The Santa Claus rally describes a rise in the stock market over the last five trading days of December and January's first two trading days.
The seven-day combo yielded positive returns for nearly 78% of the time from 1950 to 2019
Do you believe in Santa Claus rally? Will it affect your investment decisions? What's your plan for the 2022 investment?
[Weekly Wins]
For more investment knowledge and trends, welcome to Courses in the Community.
$S&P 500 Index (.SPX.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Nasdaq Composite Index (.IXIC.US)$
![Weekly Wins: How to grasp market trends timely?](https://ussnsimg.moomoo.com/2096280242088691712.png/thumb)
![Weekly Wins: How to grasp market trends timely?](https://ussnsimg.moomoo.com/8926865020129863596.jpg/thumb)
![Weekly Wins: How to grasp market trends timely?](https://ussnsimg.moomoo.com/3940549455529257022.png/thumb)
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Autotech
reacted to
$Bitcoin (BTC.CC)$ $Ethereum (ETH.CC)$ $Block (SQ.US)$ $Coinbase (COIN.US)$ $Meta Platforms (FB.US)$
There have been lots of hype on NFTs recently. It is not surprising given that the Beeple NFT digital art piece, " The First 5000 Days" was sold for a whopping 69 million dollars. It was purchased by a Singaporean, Vignesh Sundaresan (Metakovan), who have the conviction that it would be worth a billion dollars in the future. Fun Fact: Beeple has not sold any of his digital art for more than $100 before this auction.
The origin of NFTs could be dated back to 2014 where bitcoin minted the coloured coins. In 2017, Cryptopunks and Cryptokitties was the impetus to pivot the NFTs market.
To have a feel of the prices in the digital NFTs market, you could check out the 10 most expensive digital art to date.
Considering that CryptoPunks was a project by Larva Labs to create 10000 uniquely generated characters using the Ethereum network through an algorithm. Ethereum is the second most popular blockchain after Bitcoin and has been used for commercial contracts.
They gave out all the characters for free at its launch in 2017- in the NFT world, it is called an NFT drop. Now some of them are worth millions of dollars- what a joy to be one of the frontrunners and get a character of the Cryptopunks to call our own.
Source: Pexels
So what exactly is NFT?
The term for it is non-fungible tokens and they are unique by themselves, that is backed by a multimedia file. It could be digital art, video, music tune, sound recording, a tweet (Jack Dorsey first tweet sold for $2.9 million) or even a blog post, etc.
The difference between an NFT and a bitcoin would be bitcoin is fungible. There is no difference between one from the other and that makes it exchangeable; Bitcoin is like digital gold. As for NFT, most of them are currently minted in the Ethereum network, it is an original token or one of its kind.
Therefore, once we buy an NFT token, it is similar to owning a baseball card or being an owner of an original painting. Scarcity brings demand and hence possibly higher prices in the future if we choose the right NFT- must have an eye to find the next Monet, Miro or Dali of the digital art world.
Source: Pexels- Mona Lisa is now under Public Domain
But it is important to note that the copyright still belongs to the original artist or creator. According to copyright laws, the creator would still hold the rights 70 years after his death, after which the rights belong to the public domain- everyone can use it. From a company's aspect, the copyright lasts 120 years from creation or 95 years from publication
So you could be the owner of the Picasso masterpiece- Guernica (1937)- but there could be others able to get an art print of it. There is no restriction on people downloading and printing the masterpiece. Any rights of use for commercial purposes would be attributed to the artist or creator; unless you have an agreement with the original creator with a share of the commercial rights.
Latest NFT Craze
The latest craze in the NFT market would be the Bored Ape Yacht Club (BAYC) by Yuga Labs- it is not related to the Bathing Ape brand. They came up with 10000 ape designs with some smoking a cigar or munching on a pizza and other creative whacky designs.
It was first launched on the 29th of April 2021, they were selling at 0.08 Ethereum a piece (Was around 180 USD then based on Ethereum conversion rate).
The owners of the ape not only have access to the commercial rights to their ape (BAYC owners still own the master rights) but they have access to their discord server to mingle and hang out which includes celebrities such as Stephen Curry.
It is akin to you buying into a special membership club.
Current prices in just 6 months are hovering around the floor of $100,000 to the higher end of 3.4 million dollars. These are stratospheric returns by any measure.
Is NFT a possible Alternative Investment for me?
This is currently a wild wild west environment and the sector is just kicking off which have not reached mainstream status. Thus, you are not too late into the NFTs investment arena. However, gas fees and admin fees are kind of sky-high at this juncture- 10% to 15% or higher from the total value of the NFTs.
NFTs would qualify as a speculative investment as it is not tested through time. Nonetheless, it has pivoted the digital art market where previously it is tough to sell digital art as provenance was an issue- not many collectors would pay good money for digital art.
There are still many concerns we have given the nascent state of this market:
How safe is my digital art in the crypto wallet?
What are the NFTs worth investing in as there are many potential lemons out there?
Have I missed the boat given the huge surge in recent times?
How easy is it to offload the NFTs when I have liquidity issues?
To counter most of the issues on hand, we could look into established NFTs providers such as BAYC. They have come up with Bored Ape Kennel Club and Mutual Ape Yacht Club knowing that the initial apes are off the reach of normal collectors and investors.
Bored Ape Kennel is selling at less than $15000 (1-4 Ethereum) whereas Mutual Ape are selling at 3-6 Ethereum.
If we look into the apes, there are potential for companies such as APPLE, Samsung or Starbucks to buy some of the apes and use them in their marketing campaign and merchandise, as they have the commercial rights to the apes they bought.
So it would generate decent returns from a commercial point of view as compared to individual investors (We could have prints of t-shirts of our apes?), who have to hope for capital gains.
Also, Facebook is now going all-in for the metaverse, which is a virtual and augmented reality world by their name change to Meta. Digital assets could be really valuable in the future, where I could loan my digital art to the digital museum or hang my multi-million dollars digital art in my virtual office to impress my clients and friends.
Therefore, the possibilities are up to your imagination.
As with all investments, it comes with risks, and NFTs risks are much greater than the usual conventional financial instruments- Stocks, Bonds, Gold, etc.
So be prepared to lose it all would be a good mindset for this new frontier in alternative investment.
Happy NFTing.
There have been lots of hype on NFTs recently. It is not surprising given that the Beeple NFT digital art piece, " The First 5000 Days" was sold for a whopping 69 million dollars. It was purchased by a Singaporean, Vignesh Sundaresan (Metakovan), who have the conviction that it would be worth a billion dollars in the future. Fun Fact: Beeple has not sold any of his digital art for more than $100 before this auction.
The origin of NFTs could be dated back to 2014 where bitcoin minted the coloured coins. In 2017, Cryptopunks and Cryptokitties was the impetus to pivot the NFTs market.
To have a feel of the prices in the digital NFTs market, you could check out the 10 most expensive digital art to date.
Considering that CryptoPunks was a project by Larva Labs to create 10000 uniquely generated characters using the Ethereum network through an algorithm. Ethereum is the second most popular blockchain after Bitcoin and has been used for commercial contracts.
They gave out all the characters for free at its launch in 2017- in the NFT world, it is called an NFT drop. Now some of them are worth millions of dollars- what a joy to be one of the frontrunners and get a character of the Cryptopunks to call our own.
Source: Pexels
So what exactly is NFT?
The term for it is non-fungible tokens and they are unique by themselves, that is backed by a multimedia file. It could be digital art, video, music tune, sound recording, a tweet (Jack Dorsey first tweet sold for $2.9 million) or even a blog post, etc.
The difference between an NFT and a bitcoin would be bitcoin is fungible. There is no difference between one from the other and that makes it exchangeable; Bitcoin is like digital gold. As for NFT, most of them are currently minted in the Ethereum network, it is an original token or one of its kind.
Therefore, once we buy an NFT token, it is similar to owning a baseball card or being an owner of an original painting. Scarcity brings demand and hence possibly higher prices in the future if we choose the right NFT- must have an eye to find the next Monet, Miro or Dali of the digital art world.
Source: Pexels- Mona Lisa is now under Public Domain
But it is important to note that the copyright still belongs to the original artist or creator. According to copyright laws, the creator would still hold the rights 70 years after his death, after which the rights belong to the public domain- everyone can use it. From a company's aspect, the copyright lasts 120 years from creation or 95 years from publication
So you could be the owner of the Picasso masterpiece- Guernica (1937)- but there could be others able to get an art print of it. There is no restriction on people downloading and printing the masterpiece. Any rights of use for commercial purposes would be attributed to the artist or creator; unless you have an agreement with the original creator with a share of the commercial rights.
Latest NFT Craze
The latest craze in the NFT market would be the Bored Ape Yacht Club (BAYC) by Yuga Labs- it is not related to the Bathing Ape brand. They came up with 10000 ape designs with some smoking a cigar or munching on a pizza and other creative whacky designs.
It was first launched on the 29th of April 2021, they were selling at 0.08 Ethereum a piece (Was around 180 USD then based on Ethereum conversion rate).
The owners of the ape not only have access to the commercial rights to their ape (BAYC owners still own the master rights) but they have access to their discord server to mingle and hang out which includes celebrities such as Stephen Curry.
It is akin to you buying into a special membership club.
Current prices in just 6 months are hovering around the floor of $100,000 to the higher end of 3.4 million dollars. These are stratospheric returns by any measure.
Is NFT a possible Alternative Investment for me?
This is currently a wild wild west environment and the sector is just kicking off which have not reached mainstream status. Thus, you are not too late into the NFTs investment arena. However, gas fees and admin fees are kind of sky-high at this juncture- 10% to 15% or higher from the total value of the NFTs.
NFTs would qualify as a speculative investment as it is not tested through time. Nonetheless, it has pivoted the digital art market where previously it is tough to sell digital art as provenance was an issue- not many collectors would pay good money for digital art.
There are still many concerns we have given the nascent state of this market:
How safe is my digital art in the crypto wallet?
What are the NFTs worth investing in as there are many potential lemons out there?
Have I missed the boat given the huge surge in recent times?
How easy is it to offload the NFTs when I have liquidity issues?
To counter most of the issues on hand, we could look into established NFTs providers such as BAYC. They have come up with Bored Ape Kennel Club and Mutual Ape Yacht Club knowing that the initial apes are off the reach of normal collectors and investors.
Bored Ape Kennel is selling at less than $15000 (1-4 Ethereum) whereas Mutual Ape are selling at 3-6 Ethereum.
If we look into the apes, there are potential for companies such as APPLE, Samsung or Starbucks to buy some of the apes and use them in their marketing campaign and merchandise, as they have the commercial rights to the apes they bought.
So it would generate decent returns from a commercial point of view as compared to individual investors (We could have prints of t-shirts of our apes?), who have to hope for capital gains.
Also, Facebook is now going all-in for the metaverse, which is a virtual and augmented reality world by their name change to Meta. Digital assets could be really valuable in the future, where I could loan my digital art to the digital museum or hang my multi-million dollars digital art in my virtual office to impress my clients and friends.
Therefore, the possibilities are up to your imagination.
As with all investments, it comes with risks, and NFTs risks are much greater than the usual conventional financial instruments- Stocks, Bonds, Gold, etc.
So be prepared to lose it all would be a good mindset for this new frontier in alternative investment.
Happy NFTing.
![NFTs as an Alternative Investment](https://ussnsimg.moomoo.com/moo-1640150923-102116751-iPhone-1-org.jpg/thumb)
![NFTs as an Alternative Investment](https://ussnsimg.moomoo.com/2021122200000065467aec8df1b.jpg/thumb)
![NFTs as an Alternative Investment](https://ussnsimg.moomoo.com/20211222000000666b2bbd824fb.jpg/thumb)
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Autotech
liked
6
Autotech
commented on
Rookie mistakes can often leave a sour taste and reduce your confidence in your investment journey. Get started the right way by learning how to avoid these costly pitfalls when you download moomoo! What are some of the trader blunders you've made? Share 'em in the comments so we can help each other thrive within our com-moo-inity!
Disclaimer: This content is illustrated for informational and educational purposes only.
Connect, follow and have a c...
Disclaimer: This content is illustrated for informational and educational purposes only.
Connect, follow and have a c...
![Biggest rookie mistakes when you start investing](https://ussnsimg.moomoo.com/5401189000425727480.jpg/thumb)
![Biggest rookie mistakes when you start investing](https://ussnsimg.moomoo.com/6110718194804277233.jpg/thumb)
![Biggest rookie mistakes when you start investing](https://ussnsimg.moomoo.com/5828871445415046383.jpg/thumb)
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