All this doom and gloom today is unnecessary brehs! This still has a good chance of squeezing. That was the purpose of brehs saying don't put in any money you can't afford to lose. By doing that you will be staring at a stock ticker foaming at the mouth at any AMC news. That is not good for your mental health.
That’s just something people say. It’s not about losing the money but more so about lowering expectations. Rather you invested $1000 or $100,000 it’s looking like it’s possible that we will be in this thing for a long time. Which kind of to me goes against the whole we own the float mindset.
like we own the float and all of these good things the company has actually become solid. But the funds literally walk it up and walk it back down. And of course they are profiting as they do it. Which just gives them the ability to kick the can further down the road.
and while many of us could have taken our profits and got completely out and likely bought back in multiple times we’ve just been holding. Waiting for the many potential catalyst to come by.
but that only invest what you can afford to lose only works if you just tossed some funds in and said you weren’t going to follow it. But I wouldn’t think that would be wise to do no matter what. You make a conscious decision on rather to hold until 0 or sale at $10000.