Another SPAC deal which will go down like most
Barely any revenue and miniscule amount of users. Way overvalued.
Currently pumped up by idiots for Trump but the fundamentals will prevail
Short that to profit
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03-26-2024, 02:31 PM #1
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03-26-2024, 02:36 PM #2
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04-16-2024, 10:42 AM #7
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04-16-2024, 10:50 AM #9
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04-16-2024, 12:27 PM #10
Shorting is too dangerous, it should only be done by extreme experts, and only on stocks that they know with mathematical certainty will go down, an example would be if you know exactly how to analyze hash rate and rig efficiency of crypto miners and you know for a fact that a certain miner will not be profitable After the halving event in three days, OK then you can go short with maybe one percent of your portfolio, and even then you have to understand that there is a good chance you’re going to get rekt, people who short stuff never win in the end.
This is because you don’t have insider information like Nancy Pelosi does or like some CEO of some company does, the only way you can reliably make money long-term is to be a bull, invest in only top 1% of the best companies in the world, or the S&P 500 index, and do not sell under under any circumstances, no matter what happens, only keep buying on the dips, Then after 5 to 10 years, you will be profitable guaranteed, and even then by the way, you shouldn’t be selling, you should just borrow against your portfolio.
The most successful short seller in history ended up killing himself when he tried it one too many times and the market moved against him.
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