I’m holding GME and AMC since January and I’m fully invested and broke. With all honesty all I can say is I rode GME up to $485 and down to $39 currently @ $167 and haven’t sold any only bought dips my average is $248 yes I bought dips at higher prices 280,290. My AMC I got in at $7.60 yes I’m still green but I have not sold single share either not till the squeeze. I’m Holding even if this shit drops to $1 at which point everyone will buy in all over the World(this won’t happen they scared to go to low). The hedgies are selling synthetics, I’m holding real shares. 4.1 million Apes holding 80% Real shares. How can this low price hold when it’s all synthetic. It won’t it can’t, time is on our side. They are stuck in a loop of synthetic selling and synthetic buying. At some point they will have to buy back all those synthetic and the price will go parabolic into space for all meme stocks that they keep shorting we seen this in January. Conviction.
I’ve become numb to the feeling of a loss only to use it as a reminder when it’s real hard to not sell and that is on the way up. AMC will bring back my losses that I incurred this year as I just started investing on my own. What a nightmare! between crypto and the shorts I took quite a beating. I used to seeing red and now I give hope that I can recoup my losses and then some and rethink the whole idea of even investing in this fuckery of a financial system.
Either way I’m holding till zero. Learning the way of the APE has changed my life.
Hey I hear you on the broke thing. Yikes. I have xxxx shares and have to put food and gas on credit. But hey…I feel like if this is the last time in my life I’ll be poor…may as well be dirt poor! All in haha