Download Subtitles for NIO vs Bitcoin Stock Portfolio Update

so if bitcoin can be the new goal and gold is at currently a market cap of 10 trillion dollars while bitcoin is only at 350 billion dollars it's three thousand percent up on your return on investment [Music] hey guys chengu here and i'm gonna do a stock portfolio update for the last week of december so without further ado let's get right into it let's open up the app let me show you the date today is the sunday all right on the 27th december afternoon close to 3 p.m okay and yeah this is how it looks like for the past week all right except for tesla okay which is still on green let's have a more detailed look into the portfolio also not by shares this is how it looks like last week we were 11 160 plus dollars and this week we are down about 200 dollars okay and that is closed about three percent right over the past week the past week didn't really have much it was christmas eve hub day christmas was closed on boxing day after christmas 26th of december it was open for half a day and yeah the market was pretty much closed most of last week i don't think there was a lot going on last week so let's take a look okay we're down three percent okay about 200 from last week but overall we are still up three thousand dollars in total gains which is what i'm always concerned about all right as a long-term investor so let's take a look at aqb aqb seems to be doing good it's up close to 20 from last week it was around about 12 and now it's 29.5 which is not too bad okay quite happy that it's going up this is something i'm looking at short term i think i want to get rid of it as he reaches about 10.25 he has reached 10.25 last week but i wasn't able to get in time to sell but it's okay i'm not too worried because as you can see from the graph it's quite steady growth upwards unlike before it shot up within a few days okay now it's a steady growth artwork so i think it will hold his value for a while yeah so i intend to sell when it's close to about 10.25 cents and if continues go up steadily i might hold longer because percentage gain is actually really good so why not my intention of selling aqb is to actually get more tesla it's just a short-term thing while i still don't want to buy tesla at a current price i'm just holding on to aqb one tesla has dropped to the price i want to i'm most likely selling qb yeah we'll see in the next week to come whether i will sell aqb or not but more or less i think i will have an opportunity to sell and maybe enter tesla at hopefully 620 right but we'll see we'll see next is neo neo is down about three percent close to three percent from last week two point something i've been hearing quite a few things about neo not being a good long-term stock to whole look at the graph right now i can't really tell how you perform but in the weeks to come my current plan is to just hold the new stocks i have and i will not add any more into new stocks i'll just observe and see how it goes if i buy or sell any of the new stocks i'll most likely post a story instagram story on whatever i buy or sell so you're interested follow me there i've been hearing a lot from different sources that neo is too strongly backed by the government right now so you know without it it may not be such a good stock to hold long term or it will not even perform very well anytime the government pull out neo might be in trouble my conviction in neo is not as strong as before i'm a bit worried right now i will probably hold it for a bit longer to see where it will go maybe around the 50 mark also depending on how the market is you know reacting i might sell or continue holding the stock so we have to see in the weeks to come right next is tesla tesla we are down seven percent from last week but it's still at a very good price i like to buy in more but currently i feel like the price is a bit high because i bought it at four seven four six seven at my average price and buying it at six six something it's a bit hard for me to do so but i know that it will continue to go up in the long run so i'm trying to wait for a good price that i'm comfortable with for tesla to be at before i buy in maybe about 620 dollars i'll buy another stock of tesla but we'll see how okay i'm not really closely monitoring my two etfs which are exchange traded funds like arkg and ark i'm not really monitoring them closely so we'll not get into details on it but from last week arkg has up 14 this week i actually saw it was up about 70 percent in total gain so i was quite impressed but uh he ended the week at 67 percent yeah kkk down six percent this week so it's okay no big deal i'll just hold it yeah let's take a look at se centimeter is down about five percent from last week but nothing much actually in fact let's look at the day's gain compared to the total gains so you can see over here everything was kind of down except for tesla which still holds pretty strong but yeah as a long-term investor these kind of things are just market fluctuations corrections and not really a big deal to be concerned of except for you know the long-term future of the company which is neo and we have to see in the weeks to come that's pretty much it so that's it for this week's portfolio update no big change i'm down three percent from last week but it's not really a big deal it's just a minimum market fluctuations corrections expected since tesla actually went up all time high last week people would sell off to make a quick profit from it it's expected that tesla will actually go down and my overall portfolio would go down as well because majority of the stocks i hold are tesla stocks okay anyway uh yeah really nothing nothing alarming this week very normal week alright so some investing thoughts that i have this week is that i might consider getting into bitcoin it seems to have a lot room for growth but i will definitely try to get my hands on bitcoin maybe in the few weeks to come but my intention is maybe put in like me a thousand dollars in bitcoin see how it goes i get the feeling that bitcoin will have will be something huge in the future it seems to really have the potential to replace gold people are saying that bitcoin is go 2.0 from what i have you know looked up so far i believe bitcoin is really room for growth so if bitcoin can be the new goal and gold is a currently a market cap of 10 trillion dollars while bitcoin is only at 350 billion dollars it could easily 30 times if it ever surpasses ghost market cap and 30 times is a lot it's three thousand percent up on your return on investment i easily believe bitcoin has the potential to reach a one trillion dollar market cap which is it's already close to three times right that is minimally two times so i'm not too worried about that in the long run i believe i will see it coming so i'll try to get my hands on it as soon as possible and i'll create a video on it the next thing is just uh tesla will be staying around the 640 range so if you're looking to get into tesla it's around good price to buy in more details can be found on chicken genius channel right in this video so you guys can actually check it out he's a professional investor he knows his stuff in the video he puts out some technical analysis too to show you how he gets that number and tesla will be staying around the 640 range if it goes below that i mostly add more tesla to my portfolio yeah and last but not least i might consider selling neo i'm not sure i'm hearing a lot of things right now um i'll definitely not add on to neo anymore i would just hold it see how it goes yeah so that's pretty much for this week all right no much changes to my portfolio okay just normal market fluctuations if not i'm showing you i talk about anything along personal finance self-development adulting all right if you like this kind of content do follow me alright subscribe to my youtube channel if you haven't give me a thumbs up okay i usually don't ask for it but i think i should from now on if you have any questions do leave them down in the comments below also if you're looking to start investing or you know switch a brokerage account from something else to tiger brokers do check out the link in my description okay or in my instagram account all right link in the bio and use my raffle code to get five commission free trades when you trade with tiger brokers that's all i have i'll catch you in my next video you