Share punt if you are interested

Andy_W said:
I've said it's overvalued at the points it's been overvalued/ overbought, but I've not been saying much when it's in the hole. I've not seen many of the BTC folk on here championing it when it's been the hole either, so maybe they're not buying then?

The only time these type of threads (any share or investment) seem to crop up is when it's doing well etc.

Look at the bitcoin thread which just resurfaced, all the talk I was doing was in April (when it was overvalued)....then nobody else was saying anything until the end of October (likely as it was losing money/ flat), and the rest of the market was flying during that time. End of October it wasn't overbought, but was still fairly high which is why I avoided it (avoided adding more) then, and it's more overbought now which is why I avoid it now, or avoid adding more now at least. Although saying that I bet I've still got more invested in BTC than most on here, but that's with it as a small % of my portfolio, but it's not with individual coins, it was part of a copied portfolio. It's hard to know what I hold which is tied to crypto, as I'm in all sorts of ETF's, and have no idea how much companies have bought into it etc. I know Tesla are a big holding, and have like £1bn of it or so, but it's not much of their overall income, assets or market cap etc.

No, the greater fools are the ones who join the party late, not the ones who joined the party early, but they can still make money if more come after them etc. I think more will come after them, that's my point, but that's not why most are going in on it, not how it seems to me at least. How long that will last, who knows. I won't be mad if it keeps going etc, I hope it does.

Yeah, I totally get that on what's possibly happening in the US, it may be a good reason to back it, but are they going to be buying it when the price is so high, knowing it's so volatile? Seems a bit of a punt for the public putting money in that, when traditionally they're way more cautious.
Or might they look at it more long term and gradual etc. Are they going to be buying a lot of it when they're in so much debt etc? What are their alternatives. What if the S&P 500 tanks? What happens if the bills don't go thorugh? What happens if Pensylvannia goes blue again in 4 years and the dems get in and decide to sell it all off?

Yeah retail investors don't hold that much, maybe about 10% of the value, so up to holding say $100k I would consider retail, but it's still a fair chunk, enough to move the price if a lot think the same way. 80% of the bitcoin wallets are holding less than £1k worth though, so there's a lot of retail investors there probably talking this up, without much skin in the game, so to speak. Only ~2% of wallets have more than 1 BTC. From what I estimate I hold it would probably be enough to put me in the top 10% of wallets, which seems a bit mad, when I'm seemingly a lot more cautious about it than those who have far less on it, but talk it up more.

Like I've said a few times, it's worth paying attention to, but don't expect it to be a get rich quick scheme and lump everything on it etc.

I mentioned Nvidia as I've been invested with Nvidia as an individual stock since about 2021 (as well as a lot of other individual tech stocks, which I've mentioned), topped up on Nvidia specifically in 2023, and been adding on them as part of the S&P 500 all the way through, and as they make up a fair chunk of that, it all counts. Probably got ~10% sat with Nvidia, but they make up 7% of the S&P 500 on their own. Back in 2021 they were about 2%, so anyone in on the S&P will be 2% then or 7% now, and roughly 1.5% and 5% for all world as the S&P is so dominant in that.
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All those times you said it was overvalued was before now when the price is much higher so you were incorrect.

Also, I can't trust a word you say on anything because you have just claimed to be in the top 10% of BTC wallets which would require about 0.1BTC but you claimed less than a month ago that you had none and were tempted to go back in on BTC and then as prices have only climbed since then you have invested somewhere between £6-£8k.

To give a heads up on what I did, and why I have an interest:
I got in around late 17 I think, with about 5k for one coin as far as I recall, and sold out fully when it went back down to around my buy in, about a year later. It was too volatile for me, seemed a lot more like gambling than investing. I put about 50% of my "portfolio" on that (lunacy), but wasn't massive ££ as I had just bought a house etc and pay was not that great back then, didn't have much spare to invest etc.

I would be tempted to go back in on BTC with maybe 2-5% of my current portfolio, to reflect the risk, but won't be buying anywhere near these prices. I said the same on another thread around March when it was about 70k then too. I would want it at around 35-40k. Effectively with this being so volatile I would probably try and average that buy in out over 6-12 months.

fmttmboro.com

Bitcoin News Thread

You only make a loss if you sell for less than you bought. I’ve held my initial investment since 2016 so I have at one point seen huge sums wiped off but the coins were still mine so you just sit patiently and wait for the price to increase again. You also make a loss if it goes to zero, or...
fmttmboro.com fmttmboro.com

You bought and sold in 2017 as you have previously explained and every other thread on bitcoin has you been talking it down and clearly annoyed with yourself that you sold at a loss and have missed since. You need to get your story straight if you want anyone to take you seriously.
 
WensleydaleRed said:
Anyone got any top punts?
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Not a top punt but one I've got my eye on is Reddit RDDT. Finally starting to get it's advertising right and users are growing massively. Google is now showing search results from Reddit whenever anything is searched. It's also really well segregated by subreddit so should make targeted ads a breeze. The argument against is that it has already gone up 4x since IPO last year but it's still half what Twitter ever was so plenty of room for growth.

Another interesting one is ASML. Not sure why they aren't flying but they are the company that makes the machines that the microchip companies use to make microchips (and they are the only company that makes those machines). There has been massive growth in the microchip manufacturers so it's like investing in the company that sells shovels in the gold run.
 
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WensleydaleRed said:
Anyone got any top punts?
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keep a watch list and watch how they move over a period . You may find you can just trade in and out of the same stocks . Tesla , coinbase , Rolls Royce , Arm , Apple are some of them . For me it’s more about when rather than what . Look at the performance charts , if you see higher highs and higher lows it’s a probably a buy . It’s worth looking at a compound interest calculator , I use one to create a basic plan .
My nephew was born in June I put £100 in his 212 account the plan is to try and make 10% a month .if I can do that 10 times a yr he’ll have £1.3m by the time he leaves primary school. 🫣
 
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Middlesbrough123 said:
keep a watch list and watch how they move over a period . You may find you can just trade in and out a save stocks . Tesla , coinbase , Rolls Royce , Arm , Apple are some of them . For me it’s more about when rather than what . Look at the performance charts , if you see higher highs and higher lows it’s a probably a buy . It’s worth looking at a compound interest calculator , I use one to create a basic plan .
My nephew was born in June I put £100 in his 212 account the plan is to try and make 10% a month .if I can do that 10 times a yr he’ll have £1.3m by the time he leaves primary school. 🫣
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hows it going ?
 
m3t4tr0n said:
hows it going ?
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I only look when Rolls Royce hits new highs , right now it’s pulled back a bit . He got christened last month so put another £50 in but I haven’t looked at it since as I knew it hadn’t doubled yet .

This is my nieces one from 6th of November I’d set up the same time as my nephewsIMG_9533.jpeg
 
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Nano said:
All those times you said it was overvalued was before now when the price is much higher so you were incorrect.

Also, I can't trust a word you say on anything because you have just claimed to be in the top 10% of BTC wallets which would require about 0.1BTC but you claimed less than a month ago that you had none and were tempted to go back in on BTC and then as prices have only climbed since then you have invested somewhere between £6-£8k.

To give a heads up on what I did, and why I have an interest:
I got in around late 17 I think, with about 5k for one coin as far as I recall, and sold out fully when it went back down to around my buy in, about a year later. It was too volatile for me, seemed a lot more like gambling than investing. I put about 50% of my "portfolio" on that (lunacy), but wasn't massive ££ as I had just bought a house etc and pay was not that great back then, didn't have much spare to invest etc.

I would be tempted to go back in on BTC with maybe 2-5% of my current portfolio, to reflect the risk, but won't be buying anywhere near these prices. I said the same on another thread around March when it was about 70k then too. I would want it at around 35-40k. Effectively with this being so volatile I would probably try and average that buy in out over 6-12 months.

fmttmboro.com

Bitcoin News Thread

You only make a loss if you sell for less than you bought. I’ve held my initial investment since 2016 so I have at one point seen huge sums wiped off but the coins were still mine so you just sit patiently and wait for the price to increase again. You also make a loss if it goes to zero, or...
fmttmboro.com fmttmboro.com

You bought and sold in 2017 as you have previously explained and every other thread on bitcoin has you been talking it down and clearly annoyed with yourself that you sold at a loss and have missed since. You need to get your story straight if you want anyone to take you seriously.
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I wasn't incorrect for the next 5-6 months though, it was overvalued (and overbought) and the dropped by 25% or whatever, and in that time the S&P 500 went up about 15%. In that time Musk and Trump became more pally and Trump won, which basically changed the value (a long with a lot of other things).

There was next to no talk from you or others in the 5/6 months when it was down, but of course the bitcoin lot talk now as it's gone up, great, good for you/ them, I'm glad for you, honestly. I just wish you lot wouldn't get your knickers in a twist by other opinions, and it's not like my opinion is going against what most successful investors suggest. There won't be many pro's with more than 5% in bitcoin I bet, and their 0.1% will be more than everyone on here put together.

0.1BTC is ~$10k, that would be <2% of my investments, and <1% of overall net worth. What I meant is I don't have any direct bitcoin in a bitcoin wallet for example (other than maybe a lost wallet). But I've got/ had a fair amount in a lot of tech ETF's and some copy trading on eTorro and 212 etc, a lot of them contain(ed) crypto. So none direct, but a fair amount semi direct or tracking it to a degree, so I don't/ didn't exactly want it to go down. If I came out of the ETF's/ trackers and bought each stock or asset individually then that's what I mean about having more skin in the game in value terms on BTC, but probably not from a % of portfolio point of view.

When I was potentially talking of adding more, it would be adding some directly, or just through a more bitcoin specific/ crypto tracker, if the price dropped, but it hasn't, so I didn't, no problem. Now I think about it, I actually sold out of eTorro a week or two ago though, as I saw that some were having trouble getting money out, and it was a **** for my accountant to work out the capital gains as their tax records are ***** and it's dollar based. So no doubt my % related to BTC has dropped, but the eTorro punt money was going to be used on stuff like this.

I've never been annoyed, not in the slightest, my company uses up all my worry haha. I sold out for pretty much what I put in as far as I recall (after a short wild ride), and it was dead for about 3 years after that. Hard to remember though and it was only a few grand, so wouldn't have made much difference anyway, I might have been up another 1-2% in portfolio value now if I had held, big deal, but would have been down a lot of that time too.

I don't think I have missed out either to be honest, the same way I've not missed out on the other 10,000 things which have gone up a lot since around 2020 when I started taking things more seriously. Over that time I've been reducing risk, going more diverse, and had a cracking year this year, especially this years ISA which is up 50%. Still keeping my eye out for opportunities and random punts though, but won't be using more than 10% total on those.
 
Nano said:
Not a top punt but one I've got my eye on is Reddit RDDT. Finally starting to get it's advertising right and users are growing massively. Google is now showing search results from Reddit whenever anything is searched. It's also really well segregated by subreddit so should make targeted ads a breeze. The argument against is that it has already gone up 4x since IPO last year but it's still half what Twitter ever was so plenty of room for growth.

Another interesting one is ASML. Not sure why they aren't flying but they are the company that makes the machines that the microchip companies use to make microchips (and they are the only company that makes those machines). There has been massive growth in the microchip manufacturers so it's like investing in the company that sells shovels in the gold run.
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Is that ASML.AM?
 
Lithium market is a bit over supplied at present. Lots of mines were opened in the last 5 years, but EVs are not selling in the quantities predicted five years a go. Most lithium is used in batteries for EVs. Over supply is likely to be around for at least 12 months possibly 3 years.

I prefer Copper its used in lots of new electrification projects not just EVs. Copper production didn't really expand like lithium.
 
I have bought some Black Rock World Mining Investment Trust as previously posted which contains a lot of miners - biggest metals in the Trust are Copper and Gold, at present. Glencore is 8.5% of the Trust and the biggest holding. Trust is on a high yield of 6.44% better than any lump sum saving account (4.7%) or Government stock (4.5%) and on a discount of approximately 9.2% i.e. you get £100 of underlying assets for only £91. The trust is not a screaming buy, but it is relatively cheap.
 
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