I got burned on PHUN on Friday, down about $1000. Been burned a few times last year / this year - this will be the last - it was my final lesson I needed to learn.
Crazy thing is I did hesitate - I think I knew I had missed the boat - but was caught up in the moment and thought it could run to 30/40/50’s - not looking at what it had already done…
Gotta remember to just get out and make some profit.
Don’t get me wrong - I’m $1000 down - it’s shit no two ways about it, but the sole upside is - it was a practice run for when AMC pops, should it happen to be violent.
And yes after Friday, 100% agree the slow Tesla type squeeze will be best, otherwise so many of the community will get burnt - the broken corrupt system that completely favours them, favours them during the squeeze too, and none of us have won until we actually have that money in our bank accounts
70629184 : I already learned this lesson, think long term instead, these fly by night pump and dumps will rob you of your hard earned money, if you think long term and have lots of patience it will pay off