Surprisingly despite yesterday majority all green but today check the value, it is a negative.. why.

KWEB is on another steroid run

should have all in KWEB when the portfolio rebalanced last time

anyway i am all aboard the 36% train now !

I am not even sure how was it a good thing. Tesla is EV company, doesn't have any relation with crypto.

It was like telling Maybank (or any bank), TNB, Top Gloves, or even EPF buy crypto is a good thing.

Surprisingly despite yesterday majority all green but today check the value, it is a negative.. why.

Wrong assumption a simple ARK ETF track specific share prices which gains 3x faster than SA on a minimum 
IJR as well on the breakout again. As long as you on 36 KWEB and IJR is the benchmark to see whether you’re making the money 
You gonna missed out because you still doesn’t understand Tesla driver fundamentals as the company solid with cash. The price is not based on speculation or hype but it is buying the future forward 

Those who Tesla bears are just waiting for another squeeze or share split which is for them to enter at affordable price

The reason is why’s Tesla is buying crypto is because to hedge USD when it’s gonna devalue 15% price value yearly under Biden stimulus plan which gonna flood the market with USD in terms of liquidity

If all major S&P500 companies invest 2% of cash it is almost USD400billion based on BTC at current level of 47k

nahhh

even if tesla will be a 3 trillion company in 20 years, i wont pay for it now.

its like you telling me one day your child will become usain bolt, so i should pay him 20 million in advance. why should i ? did he proof anything?

dont talk about hedging usd, that just an excuse to cover up tesla balance sheet. you want to hedge, use gold. why bitcoin? elon musk just want publicity.

Your either have a portfolio not from 36, 26 or 14, or you are reading the wrong dates.

Yeah I also found it abit odd. I know USD dropping but it can't be that much of a difference?

I went from 219 -> 250 USD today, but surprisingly only went from 953 -> 983 MYR. Unless USD dropped really damn a lot (which doesn't seem like the case). I'm on 36% too

I have 22% and 36% since last year and just started to add 3k in 30%. 2 months ago.

This morning value reduced about 5% compared to yesterday. At 2pm it increased and updated as usual but still in negative zone. If coompare with yesterday currency rate i think fluctuation less than 1% right?

All green doesn’t mean your ETF gains as they rebalancing going on certain shares hence negative and it willing reflect the adjustment this evening once markets open
How you know that Tesla doesn’t hedge gold?

Tesla has hedge in several other commodities which are in different in their assets which are better performing than gold

Companies use hedge to grow value not preserve value hence it make sense buy growth assets now like bitcoin

Only a fool like you still buy gold because it is not growth asset but preserve asset 

How you know that Tesla doesn’t hedge gold?

Tesla has hedge in several other commodities which are in different in their assets which are better performing than gold

Companies use hedge to grow value not preserve value hence it make sense buy growth assets now like bitcoin

Only a fool like you still buy gold because it is not growth asset but preserve asset 

bitcoin is not an asset. fullstop.

Tesla become hedge fund now.
Hedging currency risk and use hedge to grow value is different.

bitcoin is not an asset. fullstop.

I have 22% and 36% since last year and just started to add 3k in 30%. 2 months ago.

This morning value reduced about 5% compared to yesterday. At 2pm it increased and updated as usual but still in negative zone. If coompare with yesterday currency rate i think fluctuation less than 1% right?

bitcoin is not an asset. fullstop.

Was wondering what are the FX rates for SA. I withdraw 5k on Sun and after conversion to MYR, lost about 2.5% just due to FX. This would significantly impact the returns if the FX rate to deposit and withdraw is 2.5% + 2.5% = 5%.

That would mean for every RM100 you invest, RM5 will just be lost for currency exchange.

Fyi, Tesla's bitcoin investments is classified as assets in its company's accounting treatment/annual report. Whether this fits into your definition of "asset" is up to you