Message from @Mlinks
Discord ID: 644265884034007040
It's a game of psychological fortitude
They start getting excited or they start getting worried
Successful investors have trained themselves to dissociate themselves from numbers on the screen and currency
because people start to make profit margins and they're like wow this is a car payment or wow this is rent and that is a slippery slope of a mentality
Yes, the only time you need to look at the graphs and numbers is when you're thinking of investing. If you know the company well, and you really feel it's going to do well in the long run, then invest and don't look back. The only other time you should consider the numbers is if you wanna scoop up more at a bargain price.
There's a funny saying that the stock community it was like this " it's almost tradition you buy a share it will always go down"
My beain is leaking out of my ears
Why
Autism
Brain leaking disease
Also if you look at the raw data for the projections of Tesla as a company and financially in regards to the stock market it doesn't look very well but honestly with the expansion in China I believe is going to be some serious growth @Frater C
These are the only rules you need :^)
https://www.youtube.com/watch?v=PvFYBkesqGU
@Akeldama they just seem over inflated in price as of right now. I feel like a correction is due in tesla's market
Hype price
Most definitely
Not to mention that itsort of nestled its way into pop culture as well as far as their cars
But the financially stable youth and the middle age consumers are actually the ones who are buying most of their cars
how much do you think is good enough to start with, for investing?
For instance, you have a person in their early 20s in a moderately populated city you can lease a base model Tesla for 499 a month 36 months for 10,000 miles
200 dollars @jill
Only makes sense for them to by the car if you take into account the savings and luxuries @Frater C
really? thats doable
For instance, my model 3 <:tickled:619648134561267723>
<:tickled:619648134561267723> <:tickled:619648134561267723> <:tickled:619648134561267723>
@Crippled Cupid with $200 in investing is good only if you aren't afraid to lose that $200 within a day and if you do your research that won't happen and then you can leverage your earnings to make smarter investments that'll get you more gains
But as with all things the knowledge that you need to do such a thing is hours and hours
Now I don't know about the Mexico government regulations but in the US to use margin you have to have at least $2,000 in your bank account
But as a beginner stay far away from money that isn't yours
^^^^^^
Do not take out loans or credit cards, as tempting or confident as you may feel.
That's the truth
Also stocks that may seem very volatile (penny stocks) away from those for now
what are penny stocks?
Nah, I am not
Penny stocks are almost as bad as crypto in 95% of the case.
It's pretty good rn, do some research
Aghh