Brutal week here.

DIP KEEPS DIPPIN

I thought we were at the bottom two weeks ago. NOPE.JPG

Sitting here with nearly 70% value in my portfolio and overweight in UK companies so I've been quite insulated. Snapping up some growth stocks on the way down, but not going crazy as there are more levels to go

Also got into crypto about 6 weeks ago, ended up allocating 2.5% of my portfolio to it so that has helped

Elon just torpedo’d btc

good

Yeah.

Tesla buying btc was purely a way to pump earnings numbers. It worked. I wonder if they dumped all of their BTC prior to him saying that. If they did that's smart for their bottom line but I would be skeptical as an investor as that's extremely sheisty and just shows how manipulative they are.

They didn't dump. Additionally, it would be pretty stupid if Tesla's management bought BTC to speculatively pump their earnings. BTC is no different than any other corporation investing cash into investments and recognizing realized or unrealized gains on those investments.

Holy shit crypto

Musk taketh away.