First off Anything can happen in the markets.
I am just making a guess based on charts. This has nothing to do with anything other than that.
DWAC just closed at $56.69
There is a good possibility that we can see a price drop of about another $10 or so. If that were to happen soon price could easily bounce right back to were it is now.
Please don't downvote this just because you don't like the idea that this can go down. This is only posted for you to consider what you might want to do if price drops below $50.
Most of the time people want to buy when the price is moving up. Most of the time people get burned in the market.
I am not a professional so I cannot even begin to give you advice on the markets.
There is a saying that most have heard.. Buy low sell high. If you are buying when the price is moving up you are not buying low.
Just a little something to consider over the weekend. Never invest more than you can afford to lose.
It was also announced the beta would come out in weeks, not months. Good reason to expect upward movement just the same.
Good long-term hold.
Long-tern hold for sure. The problem is people buy at the wrong time and then panic and get out when the price drops.
Soon after they get out the price goes up.
Certainly seems that way in my experience. When people get greedy, sell to them. When people panic, buy from them. Generally.
I bought at 19 and buying again at 56. Holding hard. This will be big in 3 months.
Anyone who has been involved in GME knows the price going down is the greatest thing ever. It doesn't mean "I lost money." It means "I get to buy more!"
This is the fraud. The real saying is:
Anyone who has been involved in GME knows the price going down is the greatest thing ever. It doesn't mean "I lost money." It means "I get to buy more!"........
On almost all big up moves the price first drops back. Then the first buyers start buying the sale and it goes up from there.
I am an extreme novice with investing and as we are a one-income household now, I cannot put too much in. I will be able to buy more with it being currently lower.
I want this to kick the DS butt!
HODL
That's why I've held off buying more after it rocketed up from $14, I had a feeling from experience that this would happen. We're about where I expect to ignite the dry powder I've been holding in reserve.
Just my option... But when the price goes down that be a good time to buy before it blasts off!