Post #2917333
2025-06-20 22:41 UTC
@JustinDerrick@mstdn.ca @zenhob@butts.team "The market can stay irrational longer than you can remain solvent." Crypto is still going strong; been around for ~16 years. Tesla's stock is still higher than this same time last year.
Replies (2)
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@JustinDerrick@mstdn.ca 2025-06-20 22:49
@1337@techhub.social @zenhob@butts.team Yup, but I've made money on my tech stocks over the past 8 to 10 years. I watched with pleasure when the tech ETFs dropped nearly 30% earlier this year, but I thought it still had more to go. Having said that, it's still not back to mid-January/mid-February highs. It was still a good move. I'm happy to have cashed out and moved it elsewhere while I wait for the AI / LLM bubble to burst.
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@davey_cakes@mastodon.ie 2025-06-21 20:24
@1337@techhub.social @JustinDerrick@mstdn.ca @zenhob@butts.team that's the argument against shorting something overvalued though isn't it? Cashing out before the pop is a different thing.