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Misc Stock Market

This is one of those depends where you are in life times. If I was close to retirement I would be doing things completely differently. But for now I'll just keep pumping money in and reassess in a few years how I did. People made a killing on the covid crash and bounce, people will probably do the same here. When decisions are the hardest it seems to be you may have the most to gain from them. But atleast one thing has stayed true. Nobody should ever feel bad Taking profits when you have them.
 
Yes, you did very well to go cash at the end of 2021. Because of that you are ahead of the game. Your strategy of adding on the downslope is a good one in my opinion. I plan on making weekly purchases in my IRA's; I will continue to contribute to 401k out of every paycheck as well. Gotta buy when blood is in the streets; timing the bottom is an exercise in futility in my opinion.
My 401k with my current job I never went to cash, did rebalance but still investing every paycheck too.
 
Clearly Q’s will see a 6th straight red week. I can’t find a stretch where’s it’s been 7 straight in the past 20 years.

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I sold mine lost like 20 bucks, somethings up WLUNA being so much more than LUNA on Coinbase. Seems odd and I think they may drag it down once people stop buying WLUNA
Wow is it getting ugly. 20 year Olds talking about killing themselves on Twitter. Coinbase acting like robinhood and halting. I had a decent position in Ethereum I closed a ways back, but protect your money guys no telling where this all goes in crypto.
 
Wow is it getting ugly. 20 year Olds talking about killing themselves on Twitter. Coinbase acting like robinhood and halting. I had a decent position in Ethereum I closed a ways back, but protect your money guys no telling where this all goes in crypto.
I closed my Gemini account and withdrew all my cash from Coinbase Pro. I have no fomo of missing out on crypto reversal. If it does, great, means stock market probably has reversed too.
 
Only 1 position today…$AMD shares, been swinging shares all morning and got me up $1k for the week. Still holding shares.

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I closed my Gemini account and withdrew all my cash from Coinbase Pro. I have no fomo of missing out on crypto reversal. If it does, great, means stock market probably has reversed too.
Same. I pulled my principle out of coinbase a month ago. Left $250 in and now that’s down to $50 after my WLUNA purchase. lmao
 
Stopped out of AMD, tight stop. Up nicely for the day, not chasing anything else.
 
Either manipulation to keep it propped up or the crypto bulls are fighting for there lives…or both. $28600 was Jan 2021 low.

It’s impressive the conviction some have for Bitcoin…

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Feel like things have to legit bounce soon…monthlies expire next week so maybe next week if they need to protect a level above. ?‍♂️

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Taking AMD and Apple home tonight. ?‍♂️

We going to get a greeny one day…maybe…I think ?
 
Obviously S&P and Nasdaq are very extended. Oscillators -70, -80. ?

Doesn’t mean it can’t go lower…?‍♂️

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Q’s were down over 30% from ATH at its lows today.

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Can someone smarter than me explain what stops the s&p from going back to 2018 levels?
That would be a 40% sell off from ATH’s. We would need to see high unemployment, potential financial/banking collapse. Plus, the Fed would never let that happen.

I think the Fed hikes 2 more times and then pauses. 2 50bps hikes.

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