Stocks To Buy This Black Friday
I don't know about you guys but the only Black Friday sale I am buying is in the STOCK Market! My top 3 picks and why. These are long-term picks 1-3 years hold.
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1. Meta Platforms Inc META 0.00%↑
This is probably the biggest fire sale I have seen in the market as of right now and I would label this investment as a high risk, high reward stock pick. Meta platforms is sitting at 2015 levels. Dropping significantly because of its Metaverse endeavors, leaving the shareholders in a enigmatic future. A lot of uncertainty remains for the future of Meta Platforms.
Is Metaverse The Future?
Before investing in this stock you have to have the ask the question to yourself, is metaverse the future? Having a virtual world where people can meet, socialize, play games and even do productive work. I have really dived deep into and thought about the metaverse a lot especially since after all the COVID-19 lockdown restrictions and work from home. I think the possibilities for the Metaverse are endless. I have personally used the Meta Quest Pro and had fell in love with Meta’s ongoing product line. The media, press and most of the people are spectacle because it is at a very early stage. You have probably seen a lot of Metaverse memes flying around and people calling it a scam. Just like how David Letterman laughed out at Bill Gates when he tried explaining the internet. Just like how back in the day your parents or if you were old enough you were afraid to use Credit Cards because they “thought” it was a scam. Just like with many other technologies like even Crypto today where people just have no idea on how the technology works and they assume everything is a scam and never look deeper. The most important thing you need as a investor is the confidence that Meta Platforms will deliver this so called Metaverse and that is the risk you are willing to take as a investor in the company.
Don’t put all your eggs in one basket
I can be write about Pokémon cards but if I buy the wrong card I am wrong. But if I had a diversified portfolio in different cards like different Charizard’s I could have succeeded. I could be right about the idea of Metaverse but which company will deliver that. So far Meta Platforms is the main competition but I am looking out for others. Keep an open minded and most importantly only put what you are willing to lose. I have not bought any shares of Meta Platforms yet but I plan to buy soon when the Fed Pivots.
2. Google Alphabet Inc
Google doesn’t need a introduction but for this thesis I am specifically only looking at the chart and technical analysis. Each candle being a week the chart is from 2005 to the current date. Google has a massive parabolic curve from 2005 to 2022-23. Anything below the white curve is a deal for $GOOGL.
3. Bitcoin
Amid the collapse of FTX, Gemini, 3AC, Voyager, Terra Luna and many more the fear and panic is here. Billions of dollars getting wiped out, panic all across the board, lawsuits getting thrown at celebrities who promoted Crypto. There truly is a great opportunity to buy Bitcoin now with all of the panic we are seeing. Buy the panic sell the hysteria as some say. I am truly devoted and am in love with Bitcoin. There is Bitcoin and there is Crypto, 2 different things which I want to go over in a whole different video or newsletter. I can go on forever on why Bitcoin is a buy and that is why I decided to make a whole YouTube channel just dedicated for Bitcoin. I have read many books, deep dived into all the aspects of its technology, its use cases, other projects and I will be sharing all of my knowledge and work on the brand new channel below. I will start to make videos on this channel starting in 2023 so make sure you subscribe with notifications on!
https://www.youtube.com/channel/UCv0j-7NhRvo7azp5SDSQ4mw
In Conclusion…
We are in a Recession, a lot of panic and fear, here is where we get fire sales for stocks. Have cash ready to buy dip on companies that you believe in.
My top 2 picks for high risk high reward is Bitcoin & Meta Platforms META 0.00%↑
Watching the parabolic on Google.
This is where generational wealth is created, during times of chaos, panic, fear and recession, etc. If you play your cards right you might end up victorious.