Tech stocks are historically volatile, O'Leary explained; a lot of them are traded based on growth metrics and not necessarily on their earnings. The tech sector is going to keep growing, he insists, since none of us is going to use Zoom, Microsoft or Google less, despite the fact that the business models of those heavyweights do not change.
Referring to Amazon stock, Mr. Wonderful stated that it showed up to 40-50% corrections each year during the 17 years he has owned it. Thus, he uses its inevitable volatility here as an opportunity to deploy his investment capital and basically buy the dip.
O'Leary stated that many financial institutions have not even started investing in crypto. He decided to address them directly during the show and share how he himself understands this nascent and disruptive tech sphere.According to O'Leary, investors put their money in the aforementioned companies because they basically invest in software—but in the form of stocks. Bitcoin, Ethereum, Polygon and blockchain as a whole, he said, are also types of software.
As for choosing coins and blockchains to invest in, O'Leary applies the same rule he uses for equities: no more than 5% of the portfolio in one position and no more than 20% in one sector. However, O'Leary has so far invested slightly over 10.7% in crypto out of his standard 20%, and he has aAccording to O'Leary, he has accepted the fact that crypto is even more volatile than tech stocks. But you have to get used to a volatile Bitcoin in the same way you have gotten used to volatile Amazon shares.
$ELONMARS4LIFE .... ELONMARSCOOKIES
MyCryptoWish is to see BabyDoge on Binance cz_binance
yea no shit kevinolearytv they all got people who can change the code of the underline platform cause they all have central entities and free passes from the GOV boyz😂😂👀
i like what he says about dividends
Ethereum is the king 👑 🔥🚀
🌪️BABY DOGE COIN🌪️ 😎 BabyDogeCoin 😎 B A B Y D O G E 💜 B A B Y D O G E 💜 B A B Y D O G E 💜 B A B Y D O G E 💜 B A B Y D O G E 💜 B A B Y D O G E 💜 B A B Y D O G E 💜 BabyDoge BabyDogeCoin BabyDogeArmy B A B Y D O G E C O I N 🌪️🚀🚀🚀🚀🚀🚀🚀🌪️ 22
Looks like Marketing to me, in the hopes of making a profit and getting out.
SHIB
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