I got in on bitcoin when it was around $20 and it changed my life. I went from renter of an overpriced shit hole apartment to owner of a $2m home in CA basically overnight. The property has doubled in value since then. I don't want to miss out on another opportunity and I definitely want to support Trump and the Great Awakening any way I can.
I have always viewed stocks exactly as I would gambling in a casino. So I avoided playing with stocks with the exception of DWAC. Maybe I was wrong in this view. Would someone be willing to explain to a stock noob the importance of DWAC? I don't completely understand a lot of this and am wondering if I should purchase some more. What I did buy is now worth half of what I paid for it. So I am hesitant to invest a substantial amount of money on DWAC. Would anyone be willing to explain the pros and cons of this particular stock and why there is so much talk about it on here? What is the expected outcome? Thanks in advance!
Congrats on the bitcoin windfall. All investments are gambles to some extent. DWAC and Bitcoin included. In both, some have already made millions and lost millions. Sometimes investments are up and sometimes they are down. If you believe something has a chance to go back up - obviously the best time to invest is when it is down. I did well with some rental houses that I purchased in the great recession. The values eventually came back up after being beaten down mercilessly. DWAC has some current hurdles. We cannot merge with TMTG until the SEC wraps up their "investigation" Most SEC investigations take 30 days or so. We are going on 200 which is why we are down and why we need an extension. If we don't merge with TMTG by the deadline then the DWAC spac will have to be liquidated and only $10 per share will go back to shareholders. DWACW warrant holders will get zero. If you believe that TRUMP will loose and that all the 3 letter agencies (FBI CIA SEC etc...) will win their political battles against him, then you may want to hold off. But if you believe that the tide will turn and the Trump will make a comeback then DWAC may prove to be the next "bitcoin like" investment for you and others. Only TIME will tell. I am praying for truth and justice to prevail!!! I am buying and not selling. Not financial advice!