OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[southernhospita]

Damn FSLY was $100+ at the top of the year

 

[ASE]

I will say this, if you weren’t already a bag holder, buying these growth stocks that already reported earnings here like PINS is a great opportunity. I wish I had more cash tbh but it is what it is right now. Hopefully we’ll be flat over the next few pay cycles

I saw pins get clapped and immediately put in an order at $60. Pins and Facebook are locks IMO.

 

[johnnyredstorm]

Down at least 14k in the past two weeks.
Feels terrible tbh.
but nothing changed fundamentally.
I trimmed my add in twlo yesterday and need to reflect now on what to do with that money. Do I buy more FSLY and risk being a degen? Do I buy more fb and sleep tight at night? Do I buy MSFT? Do I do nothing?
this **** isn’t easy and holding growth stocks sucks when things turn.

one thing I do know, great companies growing rapidly with large tam in strong thematics compound over time and generate wealth. So I’m not going to sell anything I own and do anything drastic. But maybe I tweak my plan a little bit to balance my account more. We’ll see.

stay safe, be smart, keep perspective and know what you own.

 

[ballinsam23]

Thinking of doing something drastic. Like selling all my positions and using the money to buy more BTC, ETH, DOGE. Hopefully recoup these losses from stocks. Then buying back into stocks.

 

[johnnyredstorm]

Thinking of doing something drastic. Like selling all my positions and using the money to buy more BTC, ETH, DOGE. Hopefully recoup these losses from stocks. Then buying back into stocks.

This makes me want to sell the sats I have on Gemini and go into dai lol

 

[B Sox]

This makes me want to sell the sats I have on Gemini and go into dai lol

Alright so I wasn't crazy about the DAI thing

We'll see how long the APY stays at 7.4% though. Once it starts getting lower than that it doesn't make as much sense because of the fees.

 

[hennessy]

Sold a $80k position in ROCK a week ago literally when the stock hit its 1 month high and I was up 7%. Stock down 12.5% since then. 9% of that was on earnings today. Feels good to make a solid play like that PULLING MONEY OUT BEFORE EARNINGS. Because I’ve gotten wrecked buying before earnings so many times before. Basically I’d rather be conservative on earnings and lock profits than gamble on a big beat. Especially with how market been lately

I’m taking a month off from the market except a small amount of CURI I still have I’m letting ride.

Looking to get majority of money back into ROCK when price is right.

 

[johnnyredstorm]

Lemme get some money fam.

 

[xbiker47]

Damn FSLY was $100+ at the top of the year

I think I have a few shares at an average of 90$ in one account and 80$ in another. I know a few other people in here gotta be hurting on FSLY too

 

[ballinsam23]

I went from up being up 40k to now down 7k overall since I started back in July. That's absolutely terrible.

Is it the year of the crypto while stocks lag and drop?!?!?

 

[mplsdunk]

it’s getting real in here once I see guys talking about pouring all their stocks into crypto.

That’s my goal though is to get a quarter mil and put it on dai.

I don’t think the interest will go down. They don’t want to lose you to S&p etfs and what not.

 

[coolcool]

If i were new to investing, i would skip the market and go straight to crypto. Birds eye view rn

 

[xbiker47]

it’s getting real in here once I see guys talking about pouring all their stocks into crypto.

That’s my goal though is to get a quarter mil and put it on dai.

I don’t think the interest will go down. They don’t want to lose you to S&p etfs and what not.

Def agree on its getting bad when people wanna liquidate there stock portfolio just to throw it into crypto

 

[mplsdunk]

I get it though, I know a lot of us have both but one is clearly paying better.

I just got into stocks but it’s def not my focus.

I said I was going to be easy on crypto when I got in. Yeah right...

 

[jrp44]

FSLY

 

[OprahsBabyDaddy6]

I went from up being up 40k to now down 7k overall since I started back in July. That's absolutely terrible.

Is it the year of the crypto while stocks lag and drop?!?!?

I was up 12kish, now down 15k. Feels bad.

 

[sole searchin]

it’s getting real in here once I see guys talking about pouring all their stocks into crypto.

That’s my goal though is to get a quarter mil and put it on dai.

I don’t think the interest will go down. They don’t want to lose you to S&p etfs and what not.

staking DAI in Gemini for 7.4%

2% fees to just buy some DAI though. You pretty much planning to use it as a savings account?

 

[thekillerj23]

Roku hit 300 today or under, thinking of adding
More

 

[tomdiginson]

Damn FSLY was $100+ at the top of the year

I had fastly. It dropped. I averaged down then the moment it slightly went up and hit my target price, I sold it. I wanted to get back into them, but seeing how far they've dropped, I'm glad that I did not at the time.

 

[antidope]

staking DAI in Gemini for 7.4%

2% fees to just buy some DAI though. You pretty much planning to use it as a savings account?

I'm sorry there is a crypto currency that effectively pays a 5% yield just for holding it? Is that annualized? Just looked it up and its pegged to USD as well?

Or am I missing something here.

 

[sole searchin]

More PINS

 

[broncos19dm]

messy messy messy

 

[biggie62]

I'm sorry there is a crypto currency that effectively pays a 5% yield just for holding it? Is that annualized? Just looked it up and its pegged to USD as well?

Or am I missing something here.

Gemini will pay you a 7% interest yea.I have2 friends who work for them and they were telling me when we were golfing. I mean the return is still less than the stock market has been ytd but for those who are risk adverse it’s not a bad option.

 

[ballinsam23]

I’m gonna throw up

 

[xbiker47]

Free falling