Considering taking some losses on my Chainlink & Polygon (Matic) crypto to have more on hand cash to put into AMC.. what do you apes think? losing 27% on $3.5k ish of crypto.. what is the smart play here? It just seems to me at best case if I let the crypto ride it may double in 2-3 months or so in the best case scenario but that 27% loss would not even matter if AMC skyrockets in the next few months. What would you do?? $3k ish at present AMC price gets me about 55 more shares to put me over 200 shares.. decisions decisions!
When AMC plays out I think crypto will go nuts again, I firmly believe much of this sell off market as of recent (the past nearly month at least) is due to the hedgies selling off crypto to keep their margin accounts up to par. After this all plays out I think lots of apes will go into crypto & it will go up a lot.. I could sell off $7k worth at todays market level & really go all in on AMC. I was really wanting to hold on to my ETH but because this AMC situation doesn’t come around every day it’s hard to see how holding onto ETH right now is the right play & I would lose no where near as much on my ETH right now, Id only lose maybe 10% max.
June 28, 2021 at 8:28 am
Patience and intelligence = WEALTH…..
Hedgies are losing billions betting that retail AMC APES will get bored and sell off because they call us “Dumb” money. Then they will make up for all their losses over the last few months.
We will not get bored. WE WILL TAKE THEIR MONEY, WE WILL ENJOY THEIR MONEY, WE WILL WIN WITH AMC STOCKS. This squeeze is not IF but WHEN.
It’s nice to drive a Lambo… but it would be even nicer to own a Lambo Dealership…