Are any of you still buying or holding GME/DWAC?
I have not followed financial markets and many believe the stock market will crash before we take a turn for the better. How do you factor this in with being bullish on certain stocks and companies?
I know none of you can hand out formal financial advice but I want to get some opinions/ideas based on what fellow apes and anons are doing and how you mitigate risk while still betting on the horses you like?
Also what is your opinion on physical silver? Some apes are super bullish but I am curious what you think. I do not reddit but I have seen people literally STACKING silver bars.
Crypto Anons - Do you think Crypto will survive in the long run. Trump himself never has seemed huge on it but I also understand where he comes from when he wants the dollar to be strong vs world currencies. I doubt he cares much about crypto either way because the amount of money in crypto is nearly irrelevant in the grand scope of the world economy.
Thanks for your opinions and input! Trying to do an end of year financial reshuffling and love hearing from people
Without framing this as advice, physical silver vs silver stocks.
If you have physical silver: you have physical silver.
If you have silver stock: you have a receipt from a giant bank, that says you own an amount of silver, that may or may not actually exist, that you have no way of ever actually getting, on a fraudulent market, and trust said bank to pay you when you sell your receipt to someone else.
Dumb question and I apologize in advance but I don't know anything about any of this. I get the market is fixed, so why are we buying DWAC? (I am buying DWAC) If the market crashes am I screwed? What is the ticker symbol for GME?
Well you're asking a pretty anti stock market guy so take with a grain of salt. Im not personally buying DWAC because I think it's rigged more than most out there.
But if the market does crash, us little guys get screwed the most. Investing in GME (Gamestop) or DWAC is unfortunately tied to the health of market so there is some risk there. Thats why OP is making the thread, to see about hedging/diversifying to ease that fear.
Lol, hmmmm. I never bought stocks before until DWAC, so I am just buying a little. I only have 10 right now. Thank you.
Fyi I just reread my comment and that first part I mean that I think the market is rigged not necessarily DWAC. They are just part of that market
GME
The next best thing is sprott physical silver trust. You would be buying stock of a company who only buys good delivery bars, iirc.
Buying to hold DWAC next week.
I buy and hold dwac/gme/amc. I also save cash to buy the crash
Still holding a few shares of GME, and a lot of shares of DWAC. DWAC is going to take off again, and theres no telling when. Next time, I think it will go even higher. Even with all the 'worst ever for real this time Nu variant' still will only take any announcements or progress updates in DTs media co that will raise it. That could happen anytime. Im going to buy more at this sale price
Still holding GME and DWAC, plus a couple thousand DWAC warrants. Both are long-term plays but GME has a squeeze potential that can outclass its long-term prospect. The thesis is still valid.
Also playing some long term SPY Put spreads. It's a much more advanced investing strategy, but makes money on a crash.
I have PMs, of all forms. Without offering specific investment advice, I can't think of a good reason not to have a few hundred ounces of silver on-hand. IMO PMs will always have value, be useful in a SHTF scenario, and I'm willing to forego some potential gains in crypto to have a safety net in my wider portfolio. If you don't reddit, Gab has a pretty active Silver group where you can pick up tips.
My big PM gainer has been Uranium... and I think it will continue to gain as so-called "green" power keeps showing its inherent problems. New Small Modular Reactor designs being tested now with a target of 2023 to be licensed should push nuke power back to the forefront and drive demand for the big U.
Crypto is crypto. Right now it's gambling, since a regulatory rugpull could leave it worthless as a store of value. There are a lot of pump-and-dump shitcoins out there, it's feast or famine. However, the technology is a gamechanger and will make it really worthwhile soon. Tech innovations on the Ethereum blockchain in 2.0 will make for viable currency to be developed (ETH gas fees and BTC mining speed are the big drawbacks, DeFi is a must-have). I see BTC taking a big hit when the overall market crashes or corrects, large investment firms have bought a lot of BTC as collateral for their market bets. They will sell to cover their obligations, but I don't think it will be enough to tank it under $15K, suffice it to say I think it's a bit overvalued at the moment.
I do admit to using Kinesis, which allows you to do crypto transactions yet hold the value in vaulted gold. That gives you convenience and privacy, along with a decent assurance your wealth doesn't evaporate overnight.
Long term stacker of silver, since 2008. Bars and 925. I consider silver the best investment over everything...long term 5 to 10 years...Still making decision on whether to take profits in dwac and amc , and keep a small amount for the future, or sell it all b4 the crash...I would like advise on this also.
I'm in physical silver and Gme and smaller positions in dwac and a few others stinks. Both gme and silver can destroy the banks,that's my main reason for investing,an tbf I want some tendies.
Silver is the easiest,I buy and put in the safe and forget about it. It has no third party risk,, GME has been an incredible ride and a very good learning expirance on how corrupt the markets are.
I'm not a fan of crypto,but people do make money with it.
Just put a buy order in for Gme. I read that for this past Wednesday, buy orders (for Fidelity Gme) were 70% and sell were 30%. So I’m getting more!
Nice! I recently rolled over an old 401k so I have a little bit to move around and while I'll keep some in cash I was thinking I want a little more GME and definitely some DWAC.
Also looking at Taiwan semiconductors for a long term stock since they are one of the main chip manufacturers in the world and announced 2 new plants.
Nice! My limit order for Gme filled at 202. It’s already up to 205, so that worked out well for me. I also have xxx shares of Dwac and xxx shares of dwacw. They’re both lower than what I got them at, but I’m very optimistic that they will soar after Trump gets his network going!
I don't do any stocks or anything like that. But I have jumped into the silver thing. I missed out on the gamestop thing,I ain't missing out on the silver.
The silver sections on reddit are full of info.
Missed out? Go spend a few hours on r/superstonk. The party is just starting
I spend too much time in wallstreetsilver as it is.lol
You haven't missed on gamestop,I bought in in the 40s and averaged up to 160 or so. I would buy more today if I had the cash.
I'm watching the RSI on those. If it goes below 30, I'm buying.
https://www.reddit.com/r/Superstonk/comments/r2o2gm/jerkin_it_with_gherkinit_s12e6_live_charting_ta/
I would get on the silver stacking train. I'm not saying keep it as your only investment, but I used to keep around 20% of my investment assets in silver, prior to getting into a terrible boating accident and losing it all in a lake. Silver is not just an investment, it is a store of value. Silver has been the most manipulated commodity EVER, specifically since JPM and the fed started paper trading. It's said that per OZ of actual physical silver on earth, not just already mined, nearly 100-1000 paper contracts are sold. Not only is it incredibly undervalued, but its also used in new age electronics, like solar panels, batteries, turbines, etc. Silver is mined at around 8.8 ozs per oz of gold. Since ancient times, the exchange rate of silver to gold was around 8-10 ozs of silver to 1 oz of gold. Right now we hover between 78-81 ozs of silver to 1 oz of gold. It's honestly a steal for the price. I reccomend JM bullion. As a veteran, they give me a substantial break and always have great deals. I'd shoot for 500 ozs or roughly $14,000 with the spot price considered. I mix it up between 10z bars, 1 oz rounds, and 1 oz minted coins, which sell at a higher premium. You'll get addicted when you start to buy. I don't look at it as a quick flip, but long term protection against inflation and possible trading currency during a shtf scenario.
Wait, is the silver in the lake? Boyz let's saddle up and move out. Kidding, sorry for the loss
Most everyone on wallstreet silver goes boating with their silver. It's a good way to lose it.
Bought and HOLDING DWAC & BENE
My opinion is silver is a much better investment than crypto. Simply because the US dollar will be restored to back when the “gold standard” was in place.
Good luck to all.
Buying & holding
I'm 60% Crypto, 20% Silver, 10% GME, AMC, and DWAC, and 5% Gold.
Crypto will replace the USD.
Good luck with that. Crypto is just another fiat. The USD will be restored, not replaced.
99% of crypto is glorified fiat with the added requirement of needing internet and power to do any exchange. Why people think you should have a money system that can literally be turned off is beyond me.
Shows how many are truly not awake yet.
Couldn't the cabal use crypto for implementing the Mark? Not something I want to support by investing in or using. Tangible assets are better IMHO.
If you believe crypto is "fiat" then you don't understand a thing about crypto.
Ok. Maybe you don't understand what fiat is lol. Enjoy your holdings.
So is literally every single currency you moron! Holy fuck.