Im ride or die with a LOT invested. Ouch this is tough to sit through and nobody is talking about it. I dont get how META and TWTR have been basically flat for months but DWAC is getting pounded like Paris Hilton in a night club. My only guess is rigging.....
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It’s basically the only thing. We bought into DWAC at 57.00 per share. Could have gotten in much cheaper but husband was the hold out. He finally jumped when I told him this was it as far as any type of retirement, I truly believe that. We might not reap the benefits but our eight grandkids will. I 100% believe that.
Oh...well, I don't recommend that strategy. My financial advisor has always stressed diversification. Unless you are okay with losing ALL of that money as well. I am personally not invested in DWAC, but can tell you that any company can flop (and most do), so never put all your eggs in one basket.
We fired our financial advisor. He was in it for himself and had been rewarded handsomely for decades. Screw him
Regardless, putting all your money in one company is literally putting all your eggs in one basket, so I hope you are totally fine with potentially losing all of it.
TruthSocial has an active user base of 2.5m users, the stock is $16. Just for comparison, Twitter has roughly 217m users, and the stock is $41.
Even if TS overtakes a giant social media company, which never happens nowadays, you'll be lucky to break even.
Sorry, not trying to be a downer.. I just hope you understand that all of that money is potentially gone, so plan accordingly.