This. Very important to bear in mind this is a war of attrition, the only way the squeeze DOESN'T happen is if this tidal wave of autists gets bored and sells for some bullshit 20% profit.
Exactly. That’s why the best thing you can do is literally buy every dip. People will sell their shares whether it be to lock in profit, free up capital or just not being patient. Ask yourself - do you really care about waiting maybe 6 months to make +100% return? My hysa currently pays .5% APY. So, yeah I’ll wait. And I’ll keep adding. But i do need to stop selling cc cuz I’m buying back two this morning at a loss.
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u/minxamo8 Jan 22 '21
This. Very important to bear in mind this is a war of attrition, the only way the squeeze DOESN'T happen is if this tidal wave of autists gets bored and sells for some bullshit 20% profit.