Today I opened a new 5x long position in Uber. But 5x leverage is a bit high for me. Still, seeing globally dominant companies' stock valuations pull back nearly 30% amid the flood of liquidity in the US stock market—with a P/E ratio of just 15.2—my greed couldn't stop me from increasing my leverage. Also, I haven't touched my long positions in Apple and BYD. It's the weekend, so I'm going to get some rest early tonight.#优步 #苹果 #比亚迪 Uploading pictures from my phone keeps failing. I can't get it to work, so I'm giving up. My account balance is around 51,000+.
The Rise of a Genius Trader with 50,000 in Starting Capital: Day One of My Binance Diary.
Good evening, everyone. Welcome to The Crypto Journey of an Ordinary Person. I currently have two positions open: 1. Apple: I opened a 4x long position worth around $9,000 in total. I’m currently up $50, with no risk of liquidation. My reasoning is that I’m quite optimistic about the smart home product lineup Apple is set to unveil next Tuesday. Compared with the Magnificent Seven and a bunch of blowhards spinning scary stories, Apple is focused on manufacturing—and stands out as a rare breath of fresh air. In my eyes, Apple is a rare, high-quality asset. 2. BYD: I’m holding a 2x long position worth around $3,000, with an unrealized loss of $50. The products are excellent, but in China the company faces shrinking subsidies, declining sales, and an intense price war. Overseas, sales are rising and profit margins are solid. However, at this critical juncture, China and Europe are facing the risk of a new trade war, with new energy vehicles being a key topic of discussion.
Before bed, I opened a position in Apple. The rationale is that Apple is set to launch its smart home lineup next Tuesday. Although the news has already been priced into the stock, I believe in Apple’s long-term ability to execute. #aaplusdt $AAPLB
I really don’t think I can beat Musk, so I tearfully closed my short position in neighboring spacx 111. I held it for two months, and my losses are now nearly $15,000. Another acquisition, and now he’s discussing a major project with Boss Huang—I’m totally humbled 🤙.
$BYD Binance: compared to HK, the difference between BYD's stock price and its listed stock price is ten yuan. It makes one think: similarly, as electric vehicle companies, BYD's market value is only a fraction of Tesla's. Although Tesla, as a U.S. company, naturally has a lot of discourse power, global public opinion is shifting. For BYD, as a leading Chinese electric vehicle enterprise going global, the journey ahead is long and the mission is arduous. Keep it up 💪💪💪
$ZEC 1 6 0 0 Yi pool rushing forward with brute force, turtle turtle—so powerful?😲 Today our being sanctioned by the toy factory robots; now we’re taking a break while they’re making knockoffs.