Well you are definitely buying low… even Microstrategy is selling bitcoin! |
But they weren’t really bubbles long term. If you held onto housing and stocks like Microsoft Amazon and Apple since the 90s you are very very rich today. |
It’s at least 20% of Berkshire hathaway |
I had to lookup TQQQ. Why is is so bad? it’s doubled since march. |
It's not an investment choice at all. It's 3x DAILY so it's intended for day trading/hedging. Retail investors who buy it, usually do it because they can't use real margin accounts and are woefully uninformed about it performs over any decent length of time. Also, using 3x leverage is just gambling behavior. Yes, it did just fine with the melt upwards, but with any volatility it's horrible. |