Cyborganism

  • 350 Posts
  • 3.04K Comments
Joined 1 year ago
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Cake day: June 17th, 2023

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  • Didn’t you read my post? People aren’t buying EVs. I had invested in ETFs several years ago and were doing well at first until Musk started to fuck up everything with Tesla. I also had ETFs in battery tech and resources, but apparently they’ve built too many batteries for the market demand and are stuck with stock that could potentially provide for the demand for the next 10 years! Not to mention how China is saturated with unsold EVs and batteries that haven’t even entered Western markets because of restrictions.

    Then Trump comes along and says he won’t defend Taiwan, the world’s leading chip manufacturer, if he gets elected. And the chances of him getting elected are very fucking high. So my NVDA and AMD stocks are falling like a stone and all my profits are going away.

    So no. I’m not stupid. I know what the fuck I’m doing. I’m just bailing out before I lose all my gains.