Stock Market logoStock Market Station

All the stock market news, every minute updated!

20 June 2021
15:49 hour

Data shows the ‘Bitcoin price drops ahead of CME expiries’ claim is a myth

Investing.com

16/05/2021 - 23:01


READ THE FULL ARTICLE ON INVESTING.COM

Related headlines:

  1. Cathie Wood & ARK debunk the myth that bitcoin mining damages the environment (22/04/2021 - Seeking Alpha)

    [visit article]
  2. Cryptos: Bitcoin drops further below key $50,000 level after Yellen calls it ‘extremely inefficient’ (23/02/2021 - Market Watch)
    The price of bitcoin fell below the psychologically important $50,000, after Treasury Secretary Janet Yellen sounded a warning over the cryptocurrency.
    [visit article]
  3. Bearish signals grow as Bitcoin price drops to $35K and traders ignore the dip (31/05/2021 - Investing.com)

    [visit article]
  4. The Deeper The Price Drops, The More 'Sharks' Holding The Most Bitcoin In The World Take Advantage Of 'Bottom Fishing' (19/05/2021 - Reddit Stock Market)
      submitted by   /u/gock8383 [link]   [comments]
    [visit article]
  5. CCTL has gotten a 42x gain!!! If you predict bitcoin and mining to go up higher, join the ride. (14/03/2021 - Reddit Stock Market)
    CCTL is probably the best way to get into Bitcoin and Mining. The share price of $0.022 is an easy way to accumulate a huge position. It tracks the price of Bitcoin well. I notice if bitcoin goes up by 3x, CCTL goes up 42x!!! Here’s an example: Dec 7, 2020 - Feb 17, 2021 Bitcoin goes up from $19k to $56k (3x increase) CCTL went up from 0.001 to 0.042 = (42x increase!) So let’s assume BItcoin today at price of $60k triples again to $180k. Then I expect my CCTL to increase 42x fold again! Retail FOMO hasn’t even happened yet. My family account has just under $170K. Just multiply that by 42x and that’s $7.14M!!!!!! Even if you only have $10k invested x 42 = $420k!!!! Just think about how many miners there are that are now at $0.70, 0.80, $1, $5, etc. They all started at 2 cents!!!! So why can’t CCTL get up there?! THIS is the easiest way to become rich and become a millionaire if you believe bitcoin is only going to go up! To the moon!!!   submitted by   /u/AlphaMale888 [link]   [comments]
    [visit article]
  6. Goldman Sachs Crypto Survey Shows 22% of Investors Expect $100,000+ Bitcoin Price WITHIN THE NEXT YEAR (05/03/2021 - Reddit Stock Market)
      submitted by   /u/ExcellentNoThankYou [link]   [comments]
    [visit article]
  7. Question about lock up expiration and price dips (10/03/2021 - Reddit Stocks)
    So I'm trying to do some stock picking and saw that there seems to be a trend with stocks when the lockup expiries. If the stock is doing well it tends to go up until a few weeks before the lockup expires then dip. I'm assuming that's people anticipating shareholders selling. Am I wrong in seeing this correlation between lockup expiration and share price? It seems more pronounced on stocks that have had bigger gains since their IPO.   submitted by   /u/TheDeliciousMeats [link]   [comments]
    [visit article]
  8. Can You Imagine Bitcoin At $103,000? (08/02/2021 - INO.com)
    Some investors believe that the price of Bitcoin could hit $100k. In this post, I'll share some measurements I made in the bitcoin chart to see if there is some evidence for such strong optimism. There is a logarithmic (log) monthly chart of bitcoin below. I chose the log scale to show you the coin's […] The post Can You Imagine Bitcoin At $103,000? appeared first on INO.com Trader's Blog.
    [visit article]
  9. Who Invented Bitcoin? London High Court Allows Australia Wright To Claim Bitcoin Copyright (23/04/2021 - Reddit Stock Market)
      submitted by   /u/gock8383 [link]   [comments]
    [visit article]
  10. The enormous bear case for RIOT (DD). (14/03/2021 - Reddit Stock Market)
    Got archived on r/investing for some reason so here it is: Riot Blockchain, Inc ($RIOT) are a bitcoin mining company with the most insane fundamentals i’ve ever seen. They’re at a P/S of 500 with -150% operating margin and -250% profit margin. As far as i can tell, their recent price spike from 65 cents to $62 has been purely due to bitcoin hype, and while bitcoin may definitely still have a way to go up now eventually it will come back down (imo to $15-25k for the next few years). When this happens the hype will die, and Riot should fall back down to a couple dollars. Btw this is not because i’m bearish on bitcoin or cryptos in general, in fact I have the majority of my (tiny) net worth in cryptos right now incl. bitcoin. So i would love if someone could provide a bull case for Riot that doesn’t include bitcoin hitting $500k or never dropping below $50k again. For me, i’m gonna be either shorting it or putting with $15 strike price expiring Jan 2022 (break even price 11.60) unless someone can convince me otherwise.   submitted by   /u/hatetheproject [link]   [comments]
    [visit article]
  11. Ayn Rand-inspired ‘myth of the founder’ (31/03/2021 - Reddit Stock Market)
    "Advocates see a dual-class [share ownership] structure as a way to fend off short-term thinking. In principle, this insulation from investor pressure can allow the company to take a long-term perspective and make tough strategic changes even at the expense of short-term share price declines. Family-controlled businesses often view it as a way to preserve their legacy, which is why Ford remains a family company after more than a century. It also makes a company effectively immune from hostile takeovers and the whims of activist investors." https://theconversation.com/ayn-rand-inspired-myth-of-the-founder-puts-tremendous-power-in-hands-of-big-tech-ceos-like-zuckerberg-posing-real-risks-to-democracy-150830   submitted by   /u/EntArch2000 [link]   [comments]
    [visit article]
  12. Could Tesla actually sell its cars in pure bitcoin (not dollar-denominated) and make a massive gain on its $1.5bn stake in the process? (23/04/2021 - Reddit Stocks)
    I'm real stoney baloney here... but... What if Tesla were to announce that instead of selling a car for say $50,000 ... it sells it for 1 bitcoin instead (regardless of the $-value of bitcoin). Right now bitcoin is ~$50,000 so its about an even tradeoff. Now... what if Tesla were to instead sell that $50,000 car for 0.1 bitcoin? Do you think that Tesla's pricing would be enough to shoot up the price of bitcoin (theoretically up to 10x)? If bitcoin goes up, Tesla could make a pretty penny on its stake if it decides to sell. Would this even be legal lol? Is it totally insane? Now that I wrote it out this seems insane and like market manipulation. But funny to think about. I do wonder if Tesla will ever sell its cars in pure bitcoin rather than dollars, and how that would work.   submitted by   /u/Throw_away2579 [link]   [comments]
    [visit article]
  13. Cryptos: Here’s how crypto stocks and funds are trading as bitcoin price plunges (19/05/2021 - Market Watch)
    Bitcoin was taking a beating Wednesday as the No. 1 digital asset's price was experiencing a 40% skid from its recent peak.
    [visit article]
  14. Don't buy a Tesla with bitcoin (and then demand a refund) (28/03/2021 - Reddit Stocks)
    Many fans are very excited that you can now buy a Tesla with bitcoin. But actually it's not an actual purchase with bitcoin, the price of the car is still quoted in dollars, so the bitcoin price for the car fluctuates. Tesla's T&Cs state "you do not have the right to choose the method of refund". So if you buy a car in bitcoin, in case of a refund, Tesla reserves the right to decide whether you get the amount back in dollars or bitcoin. Here's an example: Buying the car for 60k USD at a bitcoin rate of 60k USD per bitcoin. Now the customer wants a refund: bitcoin rate has dropped to 50k - > Tesla refunds exactly 1 bitcoin, so has "earned" 10k USD with it. bitcoin rate has risen to 70k -> Tesla refunds 60k USD, thus has also "earned" 10k USD Tesla has gained an option by offering this payment method. So buying with bitcoins is very risky unless you are 100% sure you want to keep the car. With every price movement after the purchase you lose money in case of a refund, 100 percent profit for Tesla. Technoking is a maketing genius and the master of the coin apparently has a clue about options. But it is not very reputable. ​ https://twitter.com/nntaleb/status/1375070795987361795?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1375070795987361795%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fteslamag.de%2Fnews%2Ftesla-bitcoin-bezahlen-risiko-experte-taleb-schlechte-konditionen-bei-rueckgabe-35309   submitted by   /u/GordonGekkoVienna [link]   [comments]
    [visit article]
  15. What do you guys think about Bitcoin? How low do you think Bitcoin price will go?China government is cracking down on crypto mining. Bitcoin is not looking too good.My gut is telling me there's a bubble in the crypto market. From the looks of it, when (25/05/2021 - Reddit Stock Market)
      submitted by   /u/Stockfomo [link]   [comments]
    [visit article]
  16. Bitcoin, Ethereum, And Ripple (17/05/2021 - INO.com)
    The bullish setup for Bitcoin that I discussed last week was not triggered, as the price did not break above the bullish confirmation level. The price went the opposite direction, falling beneath the invalidation trigger instead. The key factors for the sell-off were the U.S. probe into the Binance crypto-exchange, and Tesla is reversing its […] The post Bitcoin, Ethereum, And Ripple appeared first on INO.com Trader's Blog.
    [visit article]
  17. Bitcoin is not ‘overbought’, may reach $75,000 price before current bull cycle ends, says research (07/03/2021 - Financial Express)
    Bitcoin’s price has declined from its all-time high of more than $58,000 per coin as of February 21 even as it managed to finish the month 37 per cent higher and outperform its peers.
    [visit article]
  18. I want my free Bitcoin. (24/05/2021 - Reddit Stocks)
    Hi - I've been using Coinbase which makes it really easy and safe to buy, sell, and store digital currency (like Bitcoin). Sign up now and get $10 of free Bitcoin when you buy or sell at least $100 of digital currency. Claim your invite now: https://www.coinbase.com/join/conn_qx?src=android-share Let me know if you need help, Edward Conn   submitted by   /u/FreddyBannana [link]   [comments]
    [visit article]
  19. Bitcoin mania: Crypto king’s price surges to two-week high; tops $54,000 following US stimulus package (09/03/2021 - Financial Express)
    Institutional investors too have been upbeat about bitcoin. Recently Norwegian conglomerate, Aker ASA engaged in offshore fishing, construction, and engineering had announced its plans to induct bitcoin into its business operations.
    [visit article]
  20. Not just Bitcoin, Visa’s move to crypto-based settlements triggers price jump for Ethereum, Bitcoin Cash (30/03/2021 - Financial Express)
    Apart from Visa, institutions, and entrepreneurs such as Mastercard, BlackRock, PayPal, Square, Tesla’s Elon Musk, Jack Dorsey, and more have already been either engaging or dabbling with cryptocurrencies such as bitcoin.
    [visit article]
  21. Cryptos: Bitcoin surges to new high above $64,000 as investors wait for Coinbase IPO (14/04/2021 - Market Watch)
    Bitcoin climbs anew on Wednesday, dragging several other cryptocurrencies higher with it hours ahead of an IPO for cryptocurrency exchange Coinbase.
    [visit article]
  22. What are your thoughts on SQ share price being tied to bitcoin? (09/02/2021 - Reddit Stocks)
    This past month SQ share price has tracked nearly identical to the fluctuations of bitcoin. For example, both dropped to their monthly low on 1/27 and had a sharp spike to all time highs today. I am (was?) very bullish on SQ based on the theory that post-COVID, they can generate more revenue from small business + it's possible they could be added to the S&P500 sometime in the future...but as of recently, I do not like how the share price of SQ is tracking with bitcoin. What are your thoughts on this? Does it make sense to stop buying shares right now (or just buy the dips)? I'm not sure what to make of this so I'd like to hear your thoughts. Thank you! Disclosure: SQ is my 2nd largest position at 17% of my portfolio.   submitted by   /u/bigboybuckeyenuts [link]   [comments]
    [visit article]
  23. El Salvador creates history: Becomes world’s first country to adopt Bitcoin as legal currency (09/06/2021 - Financial Express)
    The price of Bitcoin was marginally up from $33,555 to $34,398, as per CoinMarketCap, shortly after the announcement of adopting Bitcoin as legal tender by El Salvador's President Nayib Bukele on Wednesday morning.
    [visit article]
  24. Why Everyone Should Own (A Little) Bitcoin (14/05/2021 - INO.com)
    You don’t have to dig very deep to notice that when people talk about cryptocurrencies and the blockchain, they’re usually talking about Bitcoin (BTC). In fact, to most people, BTC is synonymous with cryptocurrencies. This huge popularity makes BTC the big player on the block. And with a recent price of $57,678 and a market […] The post Why Everyone Should Own (A Little) Bitcoin appeared first on INO.com Trader's Blog.
    [visit article]
  25. Divergence between OBTC and GBTC (01/03/2021 - Reddit Stock Market)
    Wasn’t sure If this belongs here or on r/bitcoin. As I write this OBTC (Osprey Bitcoin trust) and GBTC (greyscale Bitcoin trust) and trading in opposite directions. They both have the same underlying (Bitcoin). Why would one be -15% but the other +7% ? What am I missing? Most people are familiar with Bitcoin and GBTC. GBTC let’s you track Bitcoin but comes with a premium to Bitcoin and high fees. OBTC is very new, and is a low cost way to track BTC in your brokerage or IRA. Looking thru the news I don’t see anything about OBTC at all, so I’m not sure why the sell off especially when Bitcoin is up about 7% today. Anyone know what could be causing the drop in OBTC?   submitted by   /u/bender26102015 [link]   [comments]
    [visit article]
  26. Roku shares: hold or sell before earning? (14/02/2021 - Reddit Stock Market)
    I have quite some Roku shares plus some LEAP calls. Should I lower my position before earning call on 2/18? I have made a good fortune holding to my Roku shares for almost a year but the recent surge in the price makes me a little worried that if the earnings are not spectacular then people may panic and drop the price. Roku's last two earnings were much better than expectations and that has been one the reasons to push the price up. I believe in the long term Roku is positioned very well to go higher too so even if I sell, my goal would be to buy back if the price drops in the future. I have seen days that the price drops 10% in a matter of 5 minutes then go back just because of panic selling. Any comments positive/negative are welcome! Of course, I understand that your comments are NOT financial advice.   submitted by   /u/MangoExternal [link]   [comments]
    [visit article]
  27. Whats the difference between Limit Price, Stop-Limit Price,Stop-Loss Price? (21/04/2021 - Reddit Stocks)
    Are all able to be used for both buying and selling? From what I know, limit pricing for buying means you set a price and if the market price falls to ur limit price or below, it will help you to buy the stock. As for selling, if the market price rises to ur limit price or above, it will help you to sell the stock? Assuming there is enough liquidity in the market. Stop-Loss Price is to set a price whereby if the market price drops to that level, you will want to sell the stock no matter what. So let say I set it at $90, and the market price plummeted to $85, and there is only liquidity at $85 but no one wants to buy at $90, it will help me to sell at $85? Does this mean no matter how much the market plummet to, as long as the market price drops below $90, at a price with enough liquidity, it will help me sell? How does Stop-Loss Price apply when buying? Stop-Limit Price is just Stop-Loss Price with a limit pricing? So if I set my Stop-Loss Price at $90, at any price below or at $90, it will trigger the Stop-Loss Price? But can I put my Limit Price both higher or lower than my Stop-Loss Price? So if I put my Limit Price at $92, once the market rises back to $92 or above from $90 and below when the Stop-Loss Price was triggered, it will help me sell my shares? What if the price never goes back up to $90 and above? Does my stock never get sold? So shouldnt I set my Limit Price at $88, whereby once the Stop-Loss Price is triggered at $90, it will help me sell my shares at $88 and above? Also, how does this apply to the context of buying? Thank you!   submitted by   /u/pieceofshitzo [link]   [comments]
    [visit article]
  28. Musk Discusses Sustainability With Bitcoin miners, Bitcoin Price Rises By 4% (25/05/2021 - Reddit Stock Market)
      submitted by   /u/om362 [link]   [comments]
    [visit article]
  29. Bitcoin rival Ethereum now among top 10 financial services; value higher than m-cap of Citigroup, SoftBank (01/04/2021 - Financial Express)
    Ethereum’s price has scaled up over 1300 per cent from $138.5 as of April 2, 2020, to $1,944 as of April 1, 2021. Despite being the biggest alternative to Bitcoin, Ethereum has a long way to cover to come close to Bitcoin’s craze and market cap.
    [visit article]
  30. Bitcoin, Dollar, Gold And Silver Update (05/04/2021 - INO.com)
    As Bitcoin matures, the chart structure becomes more readable over time. We can see how such a conventional indicator as a moving average perfectly supports the price. I added a 55-day (Fibonacci number) moving average (green), which at least three times this year kept the price in the bullish mode that started last October when […] The post Bitcoin, Dollar, Gold And Silver Update appeared first on INO.com Trader's Blog.
    [visit article]
  31. Bitcoin rival Ethereum now among top 10 financial services; valued higher than m-cap of Citigroup, SoftBank (01/04/2021 - Financial Express)
    Ethereum’s price has scaled up over 1300 per cent from $138.5 as of April 2, 2020, to $1,944 as of April 1, 2021. Despite being the biggest alternative to Bitcoin, Ethereum has a long way to cover to come close to Bitcoin’s craze and market cap.
    [visit article]
  32. Bitcoin's Quiet Options Expiry Shows It's Not the Only Game in Cryptotown (30/04/2021 - Investing.com)

    [visit article]
  33. The Long Term Behaviour Myth of Leveraged ETFs (29/05/2021 - Reddit Stock Market)
      submitted by   /u/KingTimKap [link]   [comments]
    [visit article]
  34. Project Syndicate: Lacking any intrinsic value, bitcoin’s price could be anything or nothing at all (16/02/2021 - Market Watch)
    Only those with healthy risk appetites and a robust capacity to absorb losses should consider investing in cryptocurrencies such as bitcoin.
    [visit article]
  35. Cryptos: Is bitcoin headed to $100,000 in 2021 or is its price ‘unsustainable’? (17/02/2021 - Market Watch)
    Bitcoin prices carve out fresh records on Wednesday but where the cryptocurrency heads from here is an open question.
    [visit article]
  36. Mark Zuckerberg shows off his ‘edible’ Bitcoin that doesn’t look like a crypto; here’s what it is (11/05/2021 - Financial Express)
    “I knew Mark Zuckerberg would become a Bitcoiner when he hired David Marcus from PayPal to run Facebook’s crypto business. It’s been a long and winding road, but welcome to Bitcoin. Great job, Zuck and David. Excited for what comes next," SkyBridge Capital founder Anthony Scaramucci tweeted.
    [visit article]
  37. Coinbase listing filing shows surge in revenue amid bitcoin boom (25/02/2021 - Investing.com)

    [visit article]
  38. Coinbase IPO Raises Concern About Bitcoin Long-Term (09/03/2021 - INO.com)
    While the price of Bitcoin has been nothing more than incredible over the past year and completely blown me away, (and certainly proven me wrong a number of times when I have in the past stated that I did not think Bitcoin or any cryptocurrency was a "wise" investment), a new warning sign has made […] The post Coinbase IPO Raises Concern About Bitcoin Long-Term appeared first on INO.com Trader's Blog.
    [visit article]
  39. Cryptos: A bitcoin winter ahead? Crypto expert predicts just that, but after digital asset hits $300,000 at end of 2021 (22/03/2021 - Market Watch)
    Bitcoin prices may be on track to hit $300,000 by year end, and then be followed by a dark period for crypto investors, according to one crypto expert.
    [visit article]
  40. Bitcoin's Skyrocketing Is Not Something To Celebrate, Expert Explains How The Soaring Of Bitcoin Price Has Exacerbated Energy Consumption And Global Chip Shortages (13/03/2021 - Reddit Stock Market)
      submitted by   /u/gock8383 [link]   [comments]
    [visit article]
  41. Anonymus is going against Musk and therefore Tesla, because of Bitcoin, Child labour in Batterie manufacturing and derailed public aid (06/06/2021 - Reddit Stocks)
    I won’t Post any links as it’s mostly reported by networks that are associated with the European Fake Anonymous right wing Trolls, but if it’s the right anonymus there will be though weeks ahead for Tesla, Bitcoin and probably Ark.   submitted by   /u/bungholio99 [link]   [comments]
    [visit article]
  42. Cryptos: Bitcoin drops below $50,000, dented by rising U.S. tax worries (23/04/2021 - Market Watch)
    Friday's losses come on the heels of a 300-point loss for the Dow industrials DJIA after a media report that President Joe Biden is weighing a plan to nearly double capital-gains tax on the wealth
    [visit article]
  43. Cryptos: Bitcoin drops below $50,000, dented by rising U.S. tax worries (23/04/2021 - Market Watch)
    Friday's losses come on the heels of a 300-point loss for the Dow industrials DJIA after a media report that President Joe Biden is weighing a plan to nearly double capital-gains tax on the wealth
    [visit article]
  44. A deep dive into Coinbase’s stock (15/04/2021 - Reddit Stock Market)
    In light of Coinbase’s ($COIN) direct listing, I wanted to share a deep dive post on the company A deep dive into Coinbase's stock - DecentraNews To understand where Coinbase sees its business going, it’s important to first go over some context about the crypto market in general. I bring up the data below to show you that the crypto market is still in its early stages and is highly volatile. Since 2010, there were 4 major price cycles with peaks and troughs and each cycle lasted anywhere from 2-4 years. Crypto was also uncorrelated to the equities market until Feb 2020 when COVID hit and now there seems to be some correlation. Coinbase currently profits the most during periods of high volatility and high bitcoin prices and makes less during lower periods of volatility and low bitcoin prices. This is precisely why since 2018, Coinbase has been making a concerted effort to diversify its revenue streams in order to decrease its reliance on market volatility. Since 2016, 7 of the 8 new products have been subscription and services which really just shows you Coinbase’s focus on building a more stable business which as a potential Coinbase investor will be important to pay attention to over time. This strategy seems to already be producing results, with monthly transacting users appearing to be less correlated to crypto volatility but still related to bitcoin prices. For example, you can see that volatility was at a 9 in both Q1 2020 and Q4 2020 but the number of users is much greater in Q4 which was also when bitcoin began rising dramatically. Bull cash, bear cash, and is it a buy?   submitted by   /u/NikoLetubeur [link]   [comments]
    [visit article]
  45. Elon Musk’s U-turn on Bitcoin: Tesla won’t accept it to sell cars; Bitcoin sinks, Tesla shares fall (13/05/2021 - Financial Express)
    While Tesla has now suspended transactions using Bitcoin, the company will explore the use of other cryptocurrencies that use less than 1% of Bitcoin’s energy per transaction
    [visit article]
  46. The Tesla share price has dipped. Should I buy now? (25/05/2021 - The Motley Fool UK)
    Since hitting an all-time high of $900 back in January, the Tesla (NASDAQ: TSLA) share price has fallen to just over $600, although they were under $200 a year ago. With CEO Elon Musk consistently making headlines, I’m looking at whether I see potential in Tesla as a long-term pick for my own portfolio. Uncertain times ahead The main issue I see for Tesla in the future is competition. The best known competitor is NIO (whose potential I wrote about earlier this month). And I believe the Chinese powerhouse has the ability to seriously rock Musk’s boat. On top of this, many established carmakers are diversifying into the world of electric vehicles (EV), driven by consumer trends and looming regulations that will force more people to choose EVs. For example, Ford recently stated that by 2026 all cars sold in Europe will be ‘zero-emissions capable’, and pure electric by 2030. The competition these will provide could have significant effects on the Tesla share price. Also, after a strong start to 2021, the current tech sell-off (explained here by my fellow Fool Dylan Hood) may mean problems ahead for the business. With investor confidence in tech stocks continuing to fall, the Tesla share price may follow suit. Its recent venture into the world of cryptocurrency has also caused instability too. After backing Bitcoin as payment for its cars, Elon Musk recently tweeted that the firm would be suspending payment via Bitcoin – an issue that caused massive drops in the share price. The bigger picture for the Tesla share price With that said, I can’t ignore the positive news we’ve heard about the firm over the past year. The Tesla share price is up around 275% year-to-date – an increase that an investor like me can’t ignore. Recent Q1 results provided a boost for the company. Total deliveries for the period rose to 184,800 – a 109% increase from Q1 last year. This is an encouraging trend for Tesla as demand continues to rise. I can’t ignore the long-term potential this stock provides either. That $900 share price in January shows the Tesla share price has room for growth in the future. So I have to ask myself whether now is a good time to buy or could I dare to miss out on a stock whose growth trajectory might make it another Apple? My verdict It’s no secret that the EV market is growing and will continue to expand over the coming years. This provides me with real optimism for the future Tesla share price. With this said, the expansion of the sector will naturally lead to more competition. As such, I think the growing competition could have too big an effect on the Tesla share price in times to come. If Tesla can adapt to the expanding market, I do see long-term opportunities. However, the short-term volatility provided by the tech sell-off and potential Bitcoin saga both mean that I am opting against buying Tesla at this current moment. FREE REPORT: Why this £5 stock could be set to surge Are you on the lookout for UK growth stocks? If so, get this FREE no-strings report now. While it’s available: you’ll discover what we think is a top growth stock for the decade ahead. And the performance of this company really is stunning. In 2019, it returned £150million to shareholders through buybacks and dividends. We believe its financial position is about as solid as anything we’ve seen. Since 2016, annual revenues increased 31% In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259 Operating cash flow is up 47%. (Even its operating margins are rising every year!) Quite simply, we believe it’s a fantastic Foolish growth pick. What’s more, it deserves your attention today. So please don’t wait another moment. Get the full details on this £5 stock now – while your report is free. More reading Why Tesla shares don’t interest me but this UK growth stock does Michael Burry is shorting Tesla stock. Here’s what I’d do now Tesla shares: why I think ESG investors will like Elon Musk’s Bitcoin news Why did the Tesla share price drop last week? Tesla’s share price has fallen 34%. Should I buy the stock now? Charlie Keough owns shares of Nio and Tesla. The Motley Fool UK owns shares of and has recommended Apple, NIO Inc., and Tesla and recommends the following options: short March 2023 $130 calls on Apple and long March 2023 $120 calls on Apple. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The post The Tesla share price has dipped. Should I buy now? appeared first on The Motley Fool UK.
    [visit article]
  47. The Tesla share price has dipped. Should I buy now? (25/05/2021 - The Motley Fool UK)
    Since hitting an all-time high of $900 back in January, the Tesla (NASDAQ: TSLA) share price has fallen to just over $600, although they were under $200 a year ago. With CEO Elon Musk consistently making headlines, I’m looking at whether I see potential in Tesla as a long-term pick for my own portfolio. Uncertain times ahead The main issue I see for Tesla in the future is competition. The best known competitor is NIO (whose potential I wrote about earlier this month). And I believe the Chinese powerhouse has the ability to seriously rock Musk’s boat. On top of this, many established carmakers are diversifying into the world of electric vehicles (EV), driven by consumer trends and looming regulations that will force more people to choose EVs. For example, Ford recently stated that by 2026 all cars sold in Europe will be ‘zero-emissions capable’, and pure electric by 2030. The competition these will provide could have significant effects on the Tesla share price. Also, after a strong start to 2021, the current tech sell-off (explained here by my fellow Fool Dylan Hood) may mean problems ahead for the business. With investor confidence in tech stocks continuing to fall, the Tesla share price may follow suit. Its recent venture into the world of cryptocurrency has also caused instability too. After backing Bitcoin as payment for its cars, Elon Musk recently tweeted that the firm would be suspending payment via Bitcoin – an issue that caused massive drops in the share price. The bigger picture for the Tesla share price With that said, I can’t ignore the positive news we’ve heard about the firm over the past year. The Tesla share price is up around 275% year-to-date – an increase that an investor like me can’t ignore. Recent Q1 results provided a boost for the company. Total deliveries for the period rose to 184,800 – a 109% increase from Q1 last year. This is an encouraging trend for Tesla as demand continues to rise. I can’t ignore the long-term potential this stock provides either. That $900 share price in January shows the Tesla share price has room for growth in the future. So I have to ask myself whether now is a good time to buy or could I dare to miss out on a stock whose growth trajectory might make it another Apple? My verdict It’s no secret that the EV market is growing and will continue to expand over the coming years. This provides me with real optimism for the future Tesla share price. With this said, the expansion of the sector will naturally lead to more competition. As such, I think the growing competition could have too big an effect on the Tesla share price in times to come. If Tesla can adapt to the expanding market, I do see long-term opportunities. However, the short-term volatility provided by the tech sell-off and potential Bitcoin saga both mean that I am opting against buying Tesla at this current moment. FREE REPORT: Why this £5 stock could be set to surge Are you on the lookout for UK growth stocks? If so, get this FREE no-strings report now. While it’s available: you’ll discover what we think is a top growth stock for the decade ahead. And the performance of this company really is stunning. In 2019, it returned £150million to shareholders through buybacks and dividends. We believe its financial position is about as solid as anything we’ve seen. Since 2016, annual revenues increased 31% In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259 Operating cash flow is up 47%. (Even its operating margins are rising every year!) Quite simply, we believe it’s a fantastic Foolish growth pick. What’s more, it deserves your attention today. So please don’t wait another moment. Get the full details on this £5 stock now – while your report is free. More reading Why Tesla shares don’t interest me but this UK growth stock does Michael Burry is shorting Tesla stock. Here’s what I’d do now Tesla shares: why I think ESG investors will like Elon Musk’s Bitcoin news Why did the Tesla share price drop last week? Tesla’s share price has fallen 34%. Should I buy the stock now? Charlie Keough owns shares of Nio and Tesla. The Motley Fool UK owns shares of and has recommended Apple, NIO Inc., and Tesla and recommends the following options: short March 2023 $130 calls on Apple and long March 2023 $120 calls on Apple. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The post The Tesla share price has dipped. Should I buy now? appeared first on The Motley Fool UK.
    [visit article]
  48. Cult Shows: Most popular TV shows to binge-watch as you work from home (05/06/2021 - Financial Express)
    With OTT platforms giving easy access to cult and popular shows of all time, many netizens are catching up on shows they never saw before.
    [visit article]
  49. The Margin: #LaserEyes meme campaign goes viral on Twitter in apparent bid to double bitcoin price to $100,000 (23/02/2021 - Market Watch)
    Viral trend to boost bitcoin enjoys backing from the likes of Elon Musk and Tyler Winklevoss.
    [visit article]

For more information mailto [email protected]. Disclaimer.