Recent comments in /f/wallstreetbets

reddituseranyonymous t1_jecf593 wrote

Reply to comment by matjoeman in How bears feel rn by NeedThoseGains69

I had $TSLA Dec 2021 $800C/$1200C in October 2021 Tesla went up 80% in a month. My account went ballastic. It went from roughly 400k to 1,100,000

Peaking the trading day before Elon asked Twitter about paying Taxes. I spent the weekend wondering what the hell to do with the money. So many things I could do. I didn't have plan for my account going up 500% in a month. I considered cashing out the options, asked Morgan Stanley about buying $QYLD. They said dont. I had no idea what to do. I figured the stock would recover from a CEO sale soon, like most stocks do. It didnt.

That cost me 70%.

I forgot that no one cares how much cash you have in savings unless the bank fails. I could have put $600k in savings until I came up with a plan.

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VisualMod t1_jecevkk wrote

I do not recommend selling the SPX at this time. The market is currently too volatile and there is no telling where it will go next. I suggest holding onto your position or even buying more if you can afford it.

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VisualMod t1_jeceuao wrote

>I think Denison Mines Corp is a good long term play and swing trade. The company has good fundamentals and its uranium projects have potential. I believe the stock will continue to trend upwards in the future. Thanks for your question!

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That-Whereas3367 t1_jeceeg2 wrote

You are incredibly naive. Governments already track all crypto transactions. They can ban mining, shut down domains, ban banks from converting to cash and seize wallets. The final option is making possession of crypto a crime. In that case 99% of users will stop using it and the value will plummet.

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grimkhor t1_jece2c7 wrote

You used plenty of swear words yourself. A bit hypocritical don't you think? Never heard anything you mention besides "regarded". There's plenty of people here that have no clue what they're doing. There's ton of new people constantly visiting this site that ask for advice and get called a dummy, told to never come back and send to r/investing btw. There's a good part of people here that manage funds, work in finance or are otherwise very smart about investing. You're very close minded actually building such a strong opinion on things that could be classified as rumors. Don't you have in every random group in life a bell curve distribution of people? And why would you not rather tell these people how to do it better than insulting them?

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