Thoughts on Apple, Facebook, and three metaverses

 I think right now is a really good time to sell a couple of stocks, and a good time to buy some cryptos.  

Disclaimer

These are all calls looking several months out, 4 to 18 months from today (8/30/2024).  I think we are on the verge of a major stock crash, likely to happen in September, maybe October 2024.  I think we are already in a recession, and will see the major stock indices drop 30-45% in the next 6 to 8 months.  Five of the Magnificent 7 stocks (Apple, Amazon, Google (Alphabet), Facebook (Meta), Microsoft, Nvidia, and Tesla) are now down roughly 10% to 50% from their all time highs.  These two, Apple and Meta (Facebook) are still hanging in there, just off their highs.  For now.  Since I see a major downturn coming, I think it's a really good time to sell these:

Apple- $ 229.00

Facebook (Meta)- $ 521.31

(with today's prices, as I'm writing this post)

I think these stocks will hit the long term bottoms in the next 4 to 8 months.  The recession will lead to another major bailout, probably after the election, which will pump new money back into the economy.  That influx will start stocks rising again, my guess is sometime between December 2024 and April 2025.  When these stocks bottom out, several months from now, it will be a good time to buy them for the long term again.

With crypto part way into Crypto Spring, but stalled by the recession and economic slowness, the crypto coins for three metaverses have dropped to ridiculously low prices.  I'm looking at these as a something to buy now and be willing hold for at least 9 to 18 months.  Once new money gets injected back into the economy (after the inevitable bailout caused by the recession/economic crisis) Bitcoin will eventually start rising again.  When that happens, when Bitcoin moves above $75,000 per BTC, and keeps going, it will be time to start keeping an eye on these cryptos.  I think APE, SAND, and MANA can easily go 10X from these current prices, maybe higher.  It would be smart to take some profits around the 3X to 5X point on these.  If you know how it safely buy and hold cryptos, I think it's a great time to buy these three cryptos:

Apecoin (APE)- $ .64  (64 cents per token)

Decentraland (MANA)- $ .27 (27 cents per token)

Sandbox (SAND) - $ .25 (25 cents per token)

I also think it's a good time to pick up Solana.  It's had a good run, but with its popularity for NFT's (which will also come back in a big way, when the big money starts sloshing around the system), but I think Solana could kind of turn into a "new Ethereum," and could double, and maybe even run up to $1,000 or more, before this next crypto bull run ends.  

Solana (SOL) - $ 137.92

These are just my thoughts.  Always do your own research and due diligence before making any investment decisions, and contact any professionals needed.  Read the Disclaimer linked above.  

Apecoin- Yuga Labs/Bored Ape Yacht Club's crypto

Here's the longest podcast/interview with two of the Board Ape Yacht Club founders, Gargamel and Gordon Goner, on Full Send podcast.  This is nearly an hour and a half long, and the best interview I've seen with these guys, though it's a year old right now.  

   

Disclaimer 

Starting with the launch of Bored Ape Yacht Club NFT's in the spring of 2021, they put out other NFT series, bought Crypto Punks and Meebits, and then created the Otherside gaming and NFT metaverse.  The Bored Ape Yacht Club NFT's were launched in April of 2021, and, according to Google, Yuga Labs, now just over three years old, has a $ 4 billion market cap.  Apecoin is the crypto coin they created as a currency inside the Bored Ape/Otherside ecosystem.  Unlike a LOT of cryptos out there, the crew at Yuga has been actually building and creating a whole variety of projects, a solid ecosystem, and are actually focused on building a real community, and not just saying that like many crypto projects just looking to get rich quick.  Do your own research to find out more about Apecoin, Bored Ape Yacht Club, and Yuga Labs.  

My first investment idea here on White Bear Investment Ideas blog is to buy Apecoin.  

Apecoin is the Yuga Labs crypto for Bored Ape Yacht Club and Otherside.  As I'm writing this, Apecoin costs 61 cents per unit.  You can buy it on crypto exchanges, like any other crypto.  Always use safe practices when buying crypto, and there will be a gas fee charged as well, so keep that in mind.  After buying any crypto, you'll want to transfer it to a hard wallet for safety.  If you don't know how to do that, get online and learn how to buy crypto safely, should you choose to buy some.  

Apecoin on Coinbase (price chart)  

Why I like Apecoin:  I liked Bored Ape Yacht Club NFT's, just for the pictures of the apes.  I was just starting to learn about crypto and NFT's in the fall of 2021, and the Bored Ape NFT's had gone up from a $200 mint price to a floor price of around $25,000 to $30,000 per Ape NFT.  The highest price paid for a Bored Ape NFT is $3,408,000.  Unlike most NFT's, anyone who buys a Bored Ape NFT also owns the Intellectual Property for that APE, and a number of people have done all kinds of projects using their Bored Apes.  

The time frame:  I think Apecoin will hit $6-$7 or higher by mid to late 2025, or maybe early 2026.  This is a buy now, forget about it, and hold for a year or more investment idea.  

Where I see Apecoin going:  My general outlook is that, right now, in early August 2024, is that we are heading into a major recession.  I see stocks heading down through most of the second half of 2024, and crypto may drop a bit more, too.  But I think crypto, overall, is pretty bottomed out already.  Bitcoin was at $54K yesterday, and has bounced back up to around $62,000 today.  

With the recession, interest rates will start going down over the next year, as will inflation.  The banking system/economy will hit a serious crisis point, and the major bailouts will start.  At some point, The Fed will start buying assets like U.S. treasuries again, and will work to createand pump new money into the system again.  The Fed will do this in attempts to get the slowing economy going again.  Once that happens, money will flow into stocks again (early to mid 2025?) and then into crypto.  When the money supply starts growing again, a bunch of money will flow into Bitcoin, and this current crypto bull market will head up again.  

After BTC, Eth, and the major cryptos start heading up again, flippers and investors will start going deeper into crypto alt coins/shit coins, and a whole bunch of alt coins will start shooting up in price.  Apecoin, backed by all the actual products Yuga Labs has created, and is creating, will shoot up.  

Apecoin peaked at about $27.90 per coin shortly after the mint.  Then it dropped and hovered from about $4 to $7 per coin through much of 2022.  My outlook is that Apecoin should easily pop up to $6 to $7 per coin in the later part of this crypto bull cycle.  So that's 10X to 12X rise from today's price.  I wouldn't be surprised to see Apecoin pop to $15 to $20 or more in late 2025 or 2026.  But I think $6 to $7 per coin is a completely reasonable price once money flows into the economy, and crypto, again.  

So that's my first investment idea on this blog.  As always, do your own research and due diligence, and contact anyone professionals needed before making investment decisions.  Read the Disclaimer, linked above.

I do not own any Apecoin at this point, mostly because I'm homeless, and can't even open a crypto account for the time being.  I do not have any personal or business connection with Yuga Labs, Bored Ape Yacht Club, or any of the people involved with these projects.  

There are no paid links in this post.