@his_eminence_j@InTheAssembly I learned my lesson after a nice 50% drawdown in her pride and joy fund. If she's buy, I'm selling and waiting for the 50% discount.
@SawyerMerritt This things gonna flop hard. Won't be surprised if we see them drop the price before it's all said and done. This will trade at a 50% discount of any price within 90 days
@Dwiggy333@DamiDefi It's heavily regulated...but at the end of the day it's a contest between one man trying to take money from another man. All the regulations in the world won't change that.
@SilkWilkes@PaleNiimbus@sue_xbt Lol it's standard crypto winter as bitcoin readies for the next halvining. Happens every 3 years like clockwork. The deflationary nature of bitcoin is a feature, not a bug.
@C_S_Skeptic They can't. If they are mandated to buy s&p they will buy s&p, it's not optional. Any fund that's required to own a given index will own that index.
Companies like Walmart $wmt seem like a nice safe haven as these tech plays getup in the nosebleeds. These retailers will benefit from reduced tariffs and strong sales on next earnings (pre-war)
@drayinvests Because averaging down is a sure-fire way to lose money. Now if you're going to average over months and years? That's where dollar cost averaging shines.