Considering selling today in hopes of a dip next week to rebuy. Not looking for profit, just to use the profit to buy more stock next week. Tell me what you think. I’m in DWAC for the long haul but I want to grow my wealth by as much as possible in the short while it’s cheap.
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Not financial advice but I’m buying gme while the fire sale is still on
I’m in it for the long haul. Been in since it was $12 a share
If you sell now you will have to pay 40% maybe more in taxes. Are you going to be able to buy that 40% back when you sell high then buy low? For me I will stay in for the long run. I'm keeping my 40% in for it to work for me.
Taxes are a complete and total fraud. Such taxes are voluntary, not compulsory. In addition, all taxes go to the Fed (a 100% privately owned and operated organization owned by Banker interests), not the U.S. government.
The whole fraud will be revealed soon. Honestly, I wouldn't worry about paying taxes next year. By then the economic world will look nothing like it does today.
I’m not worried about that. I don’t play with enough money to have those issues
I constantly swing stocks. I think it's a great idea. That's not financial advice. The "iM oNlY gOiNg To HoLd" mentality is SO stupid. Although you are going to gamble that it is actually going to go down compared to the price you sell at.
Whatever you do, just remember to keep in mind that inflation is going wild right now.
If inflation scales faster than DWAC can descend, then you'd effectively be standing still in value, if not straight up losing money if DWAC skyrockets.
DWAC is being suppressed, and when the chains break, and inflation finally hits and is factored it, it could go through the roof.
I'm not telling you what to do, but whatever you end up doing, I hope you're keeping in mind how quickly inflation is sinking the dollar.
The gains you make this week might look like pennies next week.
If you are gonna take it out, don't put it back in the dollar. I'd probably sink it in precious metals excluding gold and silver.
I don't trade stocks, as I'm not a gambling man, so disregard all I've said if you know something I don't.
I’m getting more keeps than sells so I think I’ll hold on and see what happens
I dollar cost average stocks I believe in. Just keep buying little by little no matter what basically. If it really explodes like it did last time I might sell my original investment and only keep the profit invested if I got nervous about a crash.
HODL
I get it but you're effectively weaving in and out of traffic to get to your destination a few minutes faster, the risk is that you have an accident along way and you'll wish you just went with the flow on this one. Don't get me wrong, I do it all the time but not with this one, the volatility is large and unpredictable, the only thing you can be sure of is that every announcement brings a jump you wont want to miss and the announcements are coming in hot. This is the time for diamond hands if ever there was one.
Also, the last few times I've added to my position the orders took a long time to fully execute. I've never waited more then 20 seconds for an order to fill and my DWACW's took minutes, its a sign that no one with a lot of shares are letting them go, I had to wait for little guys to shake out. I dont know how many shares you're talking about day trading but dont get left out in the cold, you may have to go above market to get someone to let go of some.
nah