DWACW is sitting at $17.76
(media.greatawakening.win)
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Laughs at all of you in finance degree and MBA.
Look. If you put money into DWAC it's all fine but hopefully everyone understood 100% the risk exposure with this.
I'm not even saying its necessarily a bad idea but this is one of these things where you are essentially putting your money where your mouth is.
If you bought into this assuming it was going to benefit you ever you have made a mistake and should just suffer in silence. If you bought into this knowing you were supporting a risky venture but wanted to contribute then you will not be complaing about getting duped on here or something.
Who knows what happens with this, but if you are really attempting to be financially prudent this is a very low tier investment that esposes your money to a large degree of risk for unknown reward. Simple as that.
If you want to actually invest or trade, either or, you should first and foremost understand three things
1: How the business you are investing in makes money.
2: How the business you are investing in can lose money.
3: How the busines you are investing in is going to utilize your dollar to improve number 1 or mitigate number 2.
Then charts and sentiment and all that is icing on the cake. But the main 60% - 80% of the bell curve of total thought when investing should be those 3 things.
Knowing basic finance and accounting is good so you can actually read balance sheets, income statements, statements of cash flows etc and then compare them across the companies past and then also compare there numbers across other businesses in the industry.
With all this said, DWAC never fit the bill in a realistic sense at all. But you know, I understand people like to have fun. However I don't like to see morons come here and act like they got scammed or something. Morons scammed themselves by their own ignorance is what I see. Much like the NFT thing he did.
Essentially this is a fundraising effort. You don't go to one of those dinner fundraisers to eat a $100 plate. That plate is at most $30 with the $70 going toward the fundraising. This is an understood thing. You would look retarded if you complained about your $100 lambchop with mint jelly being "not worth it". Much how many of you in this thread look retarded right now for complaining about not making money on DWAC.
It's a gesture, and it's a gesture that may turn out to be profitable for you in the long run or it may turn to shit. Who knows, but the point was never to make you rich it was to support something that you thought was worthwhile and contributing to that cause with your money. Right?
Don't be a whiny bitch on here about DWAC.