The trend of CRCL is similar to COIN in IPO surging up and down. There is always some saying concerning IPO in US market, that is not to touch them in the first 3 days or 3 weeks or even 3 months. For it would go up and down vigorously. Only touch it after it has cooled down like the current state of CRCL.
However, it is a dilemma for retail investors. Of course, they wish to buy at low, but they also afraid of the case like CRCL, that is staying at low for a long time while other stocks are on record high. It is very disappointing indeed. For crypto related stock, it should not occupy too much in your total stock account, may be just 5%. For if you are really interested in crypto, you can invest directly on Bitcoin. So just treat it as a side investment.
Recently, all AI stocks are on record high or near record high, it is very hard to buy on record high. They are for professional traders. If you want to buy at low, can try the crypto related stocks. Recently, the sweeping of KK Park in Cambodia and Myanmar is one of the hottest news. We do not know how many crypto would be confiscated, just know they could not be cleared in a single evening and sure more and more will be coming. So, if those cryptos are released to the market, may bring about a down trend, but we do not know when will it happen.
The pardon of Binance founder is surely a green light for crypto, and will bring about a prosperity at least in the next years of the presidency of Trump. I asked the AI is it time to buy, the answer is remarkable, it depends on your risk tolerance. That is why I say copy trade is no use. For the risk tolerance of everyone is not the same, even you can copy to buy at the same price of others, the monetary background is something that cannot copy.
Facing the rate cut of Federal Reserve, it is good news, facing the Trump/Xi summit, it is also good news. But before the meeting of G2 which is US and China meeting, people said China already won the battle. For the focus of the world is on G2, it already replaced G7. No one will care about the meeting of G7 now, instead G2 affects the whole world.
Trump only gave a speech on the stage of APEC without attending the major forum. It gives a chance or Xi to lead the world, of course also a chance for Takaichi Sanae, the new Japanese prime minister to show off her goodwill diplomacy. But there is a hidden worry, some people afraid Trump will betray Taiwan in exchange for rare earth. So, let’s watch carefully. China is holding the throat of US and why they would release rare earth. As in the Donald Trump 1.0 trade agreement and entering of WTO, a lot of terms not yet carried out and US is still waiting for them to fulfill. What investor should mind is the Silicon Shield of Taiwan which is TSM.
On October 27th, Grok launched out the Grokipedia, the AI generated online encyclopedia. Some people said that it is quite similar to Wikipedia. So investors can have a test on the item of CRCL (Circle Internet Group Inc), and see the difference.
Circle Internet Group | Grokipedia
Circle Internet Group – Wikipedia
If you want the AI to choose the right stock for you, you must know how to ask them proper questions. That is why the AI said “Always do your due diligence”.