Well hello there! Hope you’re doing awesomely well on this cold and cloudy day.
First of all I’d like to encourage you to look for SPACs again. I think right now, because the market has come down quite a bit, basically all SPACs have sold off a lot. But now might be the time to look for the SPACs that are very undervalued or close to net asset value while they could definitely be worth a lot more. I personally for example like the SPAC GNPK, merging with Redwire. Noone really seems to talk about it, but it’s a space SPAC that already has pretty solid revenue and a low price-to-sales ratio. I think there are more SPACs like this one that could be nice opportunities. “Be greedy when others are fearful”, as Warren Buffet would say.
Also keep your eye on Coinbase this week. If you’re not into crypto but you would like some indirect exposure to crypto, this could be the ultimate play. Look for its market cap on IPO day. I believe they did 1.8 billion...
¡Hola mola! Hope you’re having a great Easter weekend; enjoy!
Q1 just ended, so tomorrow during the weekly livestream I’m going to do a portfolio and business update to talk about the performance of my portfolio and business in the last month. I’ll also talk a little bit about my long-term goals since I’ve been thinking more and more about that for the last couple of weeks. I like what I’m doing now, but it’s nowhere near where I want to be in a few years time.
With regards to my portfolio, it’s interesting to see how crypto is taking over. Not because I’m adding to my crypto positions but only because it’s going quite well in the crypto world. While stocks have been downtrending, crypto has held up pretty well, so that’s been a good asset to have in the last couple of months. For now I’m not cutting down on my crypto positions, but that might change later on this year, depending on the price action. I currently...
Let’s dive right into some stuff I’d like to share with you. Looks like we may have seen the top for the SPAC market. The deals are getting less interesting. The views on YouTube are declining. Prices are going down. Some brokers even stop allowing retail investors to invest in SPACs, which I really really dislike. Because that’s like the whole PIPE issue all over again, but worse in my opinion. Investing should be fully democratized, not just available for the ultra-wealthy.
And you’ll hear brokers and regulators say: “yeah but we need to protect the investors”. Sure, that’s fine, but don’t do it by now allowing them to trade risky stuff. Do it by educating them. That should be the goal. And that is my goal too. Luckily there are companies like SoFi who still do believe in giving retail investors access to certain investments like IPO. I hope the SEC or other institutions won’t be prohibiting that in the future.
¡Hola mola! How you’re doing?
Actually this week was rather boring. Probably not the best intro of a newsletter which I hope people start reading at some point, but hey, sometimes that just is the case. And I don’t want to make it sound more spectacular than it was, haha. But I do have a nice insight that could benefit you too.
With regards to investing, everything has been relatively similar to the week before. I’m still impressed by crypto holding up, while the Nasdaq is seeing more difficult times. Looking at technical analysis, I think many altcoins especially are ripe for a breakout.
Other than that, it’s just been a week of grinding. Maybe I’ll talk a little bit about that. Sometimes people say: “oh you’ll hit 100k subscribers this year for sure!”. And while that’s awesome to hear, I personally don’t think so. My current strategy is long-term focused. I don’t care about creating clickbait videos to get...
Hello you! Hope you’ve had a wonderful week!
Last Sunday I held a livestream on Twitch to play some poker. Yeah, that was not really a success, haha. But that’s all right. It’s good to try and test things. I suppose it’s difficult to make an audience of investors excited for a poker livestream (unless you’re playing tournaments with a high buy-in maybe). Still, I’m glad I tried, but it’s unlikely I’ll do it again. I rather do a longer livestream on YouTube and talk about stocks than play poker on Twitch.
Bitcoin has hit a new all-time high. I’m continued to be impressed by bitcoin honestly. I really did not think it would hold up this well in a time where high-growth stocks have been through a correction. Bitcoin might actually start to act like a non-correlated asset and that would be awesome. If bitcoin would become a hedge against inflation, that also would be great. I believe bitcoin is on track to become digital gold....
Hey! How are you doing?
Another gruesome week, but hey, on the other hand it has been a week of opportunities. It always feel counterintuitive to put more money in the stock market while multiple stocks are going down more than 10% in a day and your portfolio is back to the same level of many months ago. But I do think there are opportunities out there.
If you know me a little bit and if you’ve watched a video about my portfolio, you’ll likely know it’s mostly high-growth stocks and some SPACs, mainly as swing trades. So yes, I also took big hits the last couple of weeks. But I’ve personally also been adding to some of my long-term positions. I had a bit of cash on the sidelines and I’ve been able to increase my positions I have most confidence in. Discord premium members were notified as always.
As I said before, don’t forget about the bigger picture, especially if you’re a long-term investor. In the short term, we can definitely see more...
This was quite the week for sure. It’s likely your portfolio went down quite a bit, just like mine. Pretty sure I’ve had my worst week and worst day in investing so far. But I’ve ‘only’ been investing for a little bit more than one year now.
I think in times like these it’s good to zoom out. Many people just look at the daily price action, or maybe the price action of the last couple of days. But how has your portfolio grown over the last year? Especially if you’re a long-term investor, one day, one week or even one month of price action doesn’t really matter. Zoom out and you’ll likely see (very) green numbers instead of (very) red numbers.
Personally, I saw this as an opportunity to buy the dip. I added a bit to some of my long-term holds and notified the Discord premium members. Next week during the livestream on YouTube I’ll do another portfolio and business update to show you where things stand right now....
Hope you’re having a great week. It’s been quite a crazy week, for me at least. I’m thinking about writing a quick ‘newsletter’ every week to share my thoughts on what happened that week. Let me know what you think!
First of all I’ve reached 5000 subscribers on YouTube. It’s honestly weird. At first I was super happy when I reached 100 subscribers. Then I was relatively happy when I hit 1000 subscribers. And now I don’t even feel that much excitement hitting 5000 subscribers. We as humans keep setting new limits for ourselves and get used to situations quickly I suppose.
Even though 5000 subs is great (and thank you if you’re one of them), I do need to keep my eyes on my long-term goals. In the short term, in the next couple of years, I just want to build an audience and a reputation. I’m doing that by creating specific content so that I can rank high in YouTube search results. But my long-term goals are to...
Some of my friends were asking me all sorts of questions. And I've read many posts on places like Reddit (yeah, I know). Here's a summary of my reactions to these questions and posts:
“Bitcoin is pure speculation”: I think I would agree with that. But the question then becomes: what is your risk/reward ratio? You can only lose 100% of your money, but the potential upside in my opinion is quite large (there’s an ‘asymmetric risk’). I think bitcoin is currently on its way to become digital gold. Gold has a market cap of about 10 trillion USD, bitcoin ‘only’ a bit more than 600 billion. So if bitcoin does become digital gold, having superior characteristics compared to gold, it still has a long way to go and it could appreciate 15x if gold’s market cap remains unchanged. Multiple wealthy people (example: Raoul Pal) are actually moving away from gold and into bitcoin. Also worth reading The Bitcoin Standard to get more background...