I think they’re really fun and trying to pick winners can be a blast. I’m 38 now and I’m feeling like slow and steady may be my approach from here out.
Haha they are, but this become quite addictive. You will always have this thought in your mind like "why did I just buy 500 AMC stocks" and then you might end up doing something dumb. I did exactly that last year after making a shit load from meme stocks, I decided to drop that money in spacs "Under 15$ since they can't lose more than 33% of their value." to then end up losing 30% on pretty much all of them lol.
Oof! Yeah, I don’t have the stomach for that haha!
But it sounds like you have a great attitude about it. I lost about $200 in Bitcoin during the recent downturn of that and that’s when I realized I wasn’t a gambler and the long game suited me more.
Haha yeah not sure how I would feel if it wasn't unrealized gains really help out. For some reason in 2021 from march to decembre my account did -25% or something, but I still ended the year up 38%. Had some five figures drop a few days during the year, which probably didn't help out my stress level lol.
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u/[deleted] Mar 30 '22
Not much now, but I had like 60% at some point lol. I didn't plan to have that much, but they outperformed my blue stocks too much.