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$GameStop (GME.US)$ i dont know what to do. i feel like im a...
$GameStop (GME.US)$ i dont know what to do. i feel like im at a loss i lost so much in meme stocks up to 30+k
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Barbarianhorde_01 : well you have your answer. Quit while you’re ahead, invest only in reliable stocks what you can afford to lose.
iasktoomanyquestions : this thing goes up and down a lot. just hold and wait. you have zero chance if you sell. now if it's in options I'd roll my positions into one's that expire way later even if they are otm by a lot and wait for the next pop
F HALE : are you holding?
Flaming Deals OP F HALE : Idk what to do shd i still hold
102170463 : Don’t buy on margin. Buy and hold with real cash. Paper loss is common and sell when price is right.
PleasebeGOOD Flaming Deals OP : yes better hold than lost money similar happen to me before but recently the price goes up to 60 so manage to get out, patient is important here..it is not like gambling where you will lose money on the spot.
JC88 : What is your average cost?
Bullyshot : Avoid buying and selling too much. Learn to hold. Embrace the risks. Use lunch money first too. You can decrease your average buy cost by buying more on the dip.
103954601 : When it runs up again, many like u n me included will still refuse to let go and cut minimum losses thinking it will go to the moon. Just ask yourself how much you can u bear to lose？
Ken Griffin Charity : It’s not the end of the world. There are many other solid companies out there that don’t rely on memes or conspiracy theories from Reddit to generate hype.
You could continue to hold, but take a step back and read the other comments. No one has written any coherent thesis about why the company should be a worthy investment. It’s all the same braindead garbage about “shorts” “manipulation” and the same promises of magical riches if you hold and follow the magic roaring kitty. In a sane world, these would all be red flags.
But it’s your own money, so the decision to continue to hold or cut your losses is yours along to make.
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