April 2022: Pay Day Moves

My monthly buys will be posted here monthly for premium subscribers. I seldom sell.

TERRA LUNA: Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. It combines the borderless benefits of cryptocurrencies with the day-to-day price stability of fiat currencies. It keeps its one-to-one peg through an algorithm that automatically adjusts stablecoin supply based on its demand. It does so by incentivizing LUNA holders to swap LUNA and stablecoins at profitable exchange rates, as needed, to either expand or contract the stablecoin supply to match demand. Terra has been steadily increasing their Bitcoin stake, significantly de-risking. I am ready to take a small bite.

XRP RIPPLE: XRP is "digital assets built for global payments," implying that Ripple plans to rival money transfers usually conducted by the banking system. XRP would allow users to send money at a very low cost, attracting the potential interest of retail customers and banks alike. A key value proposition of Ripple is its minuscule transaction costs while offering transaction finality of under five seconds. I owned XRP before and sold it for a massive profit. A critical turning point for XRP is coming soon. The lawsuit between the SEC and XRP. The SEC claims Ripple was selling XRP as an unregistered security. They point to its role in funding Ripple and claim Ripples platform is not decentralized. Ripple claims the SEC is making classifications based on bias rather than actual merit (or even well-defined rules). They claim their operations are not materially distinct from those of other platforms that have been given a pass. This is a turning point in crypto IF Ripple wins the case. It will set a precedent for future blockchain technology.

RENERGEN: We all know REN as an emerging helium and domestic producer, rapidly advancing and developing flagship Virginia Gas Project, located in Free State in South Africa. I will do a deep dive into Renergen soon. In the meantime, here is a Twitter Space I did on REN and why I love the company so much.  https://drive.google.com/file/d/1sDzZA6Tkz598MfhqusGRE6dKbwTz7UdG/view?usp=sharing

MATTERPORT: Please refer to the free article on Matterport. I am building my position. Still far from a full position.

META/FACEBOOK: Investors have been dumping Facebook since the last Earnings Call. Why, might you ask? Investors dumped shares of the tech giant after being alarmed by both declining user growth and rising expenses tied to the companys focus on augmented and virtual realities. Making matters worse, Meta reported that Facebook lost daily users for the first time in its history as business on its core platform slowed, and executives blamed increased competition from the likes of TikTok for its decline. Whats more, Zuckerberg has shifted more of the companys resources into building out his idea of the metaverse: Facebook spent over $10 billion along these lines last year and is expecting a meaningful increase in similar expenses for 2022. Ive owned Facebook for quite a while, and I see these pullbacks as temporary. I believe in Zuck and the team at Meta. I would rather add slowly than miss this boat completely.

PALANTIR: I call Palantir my testing-my-faith stock. The company specializes in big data analytics. What does that mean? Palantir builds software that empowers organizations to effectively integrate their data, decisions, and operations at HUGE scale. To understand Palantir, you need to open your mind and explore (see where the faith comes in). They have three software platforms called Gotham, Foundry and Apollo. It is used by global defence agencies, the intelligence community, disaster relief organizations and beyond. The US government has thus been the largest Palantir customer for a very long time. Palantir is now focused on selling their software to Fortune 500 companies. I will do a deep dive into Palantir soon.

SOFI: Short for Social Finance, this was one of my largest additions to and winners in my US portfolio in 2021 and I am not close to being done buying. Let me explain myself. Did you know the top 10 banks like JP Morgan, Citigroup, Bank of America, Wells Fargo hold 50% of the accounts however 50% of Americans use more than one bank. This tells me that consumers cant get everything they need from their primary bank so they are forced to have multiple relationships SOFI is trying to change this by creating a one stop shop for financial products and services so they can build long-lasting relationships with their customers (they actually call them members). SOFI received their banking charter earlier this year. This is one deep-dive you do not want to miss when I publish it.