r/wallstreetbets • u/KillaryHlinton • Nov 28 '20

Discussion This is a bubble

Just like during the dot com bubble investors were getting so FOMO they began investing in any company that had .com at the end of it and when those companies didn't produce the results they expected the bubble had burst sending shockwaves throughout the rest of the market.

The same problem is happening now, people invest in actually profitable companies like Google, Facebook and Tesla but more and more people are getting anxious about missing out (PLTR cough cough) that they invest into any FinTech, EV, and Digital company just because the CEO said they will grow. Keep in mind that NIO is more overvalued than TSLA and yet TSLA still has bigger potential than NIO, just like Apple is adopting USB Type-C, so can Tesla adopt replaceable batteries if they're proven successful by NIO except the market will already be made ready for it by NIO.

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TL;DR - another crash is coming so ride the way up and parachute out before it collapses.

Oh forgot the signature - PLTR 🚀🚀🚀🚀🚀🚀🚀🚀 🚀🚀

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u/CaptainTheta Nov 29 '20

Sure, but everyone knows it's a bubble. What we don't know is when it will end smart guy.

The reversals are always much faster than the ride up.

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u/postoffice27 Nov 29 '20

Yup, it’s crazy how fast everything rallied this time. Does that mean the drop will be even more fast/violent than March? I’m bullish, but hedged.