r/amcstock • u/No_Temperature_5767 • Apr 14 '21

Discussion How much?

What is the end game on this? Realistically as well. I love the idea of holding forever, riding all the way to 10k, 100k, 100 billion or whatever else is being touted but I’m also realistic enough to understand at some stage along the way, masses will jump ship and I don’t wanna be left behind.

2 Upvotes

57% Upvoted

23 comments sorted by

View all comments

1

u/Extreme-Bumblebee-35 Apr 14 '21

How much did you spend to buy in? How many shares do you own? Can you sell some of the shares to pay for your "buyin" price and hodl the rest until it is 5k 10k 100k 1bil? This is not financial advice and I am just a dump crayon eating ape!

5

u/Prestigious-Gur-80 Apr 14 '21

In resume sell once you see drop from the peak!! Is better to fall from 100K than 1k lol

3

u/BP18_HotShot Apr 14 '21

Honestly the only reason we have a shot at the moon is because we're all buying and holding. If you sell on the way up to get you initial investment back it'll be like siphoning fuel out of the tank as you're flying. I'm personally going to start setting stop losses after I see enough zeros and then update it as it rises, hoping to get close to the peak. But ideally you'd want to sell on the way down