Seems like foolish advice.
I have faith that WCVC will swing back around, it may take weeks, months, or even a year or so..
With that said I won’t ever sink all my available money into a stock again. When life hits hard and the stock hasn’t rebounded yet, you will hate yourself for taking significant losses.
Put what you can afford to put in, use it as a reverse savings account (expect to loss some money short term, but gain more money long term)
I’ve taken hits on losses withdrawing here and there to pay for life, but I don’t lose faith anymore and withdraw everything.
I understand now, that life comes at unexpected paces, and just because I need more money in a given moment doesn’t mean the market will react when I need it (in fact it usually ends up reacting when I sell out...)
WCVC has a lot going on for themselves in growing their business and what they have already.
Right now the market is in *game mode* and the market makers are doing what they do best, making themselves money.
Anyone hoping for an immediate profit should probably be day trading in stocks who are in the MIDDLE of their shoot to the moon.
WCVC right now is set up in a delicate phase. Waiting out those expecting a quick profit and changing hands to those who have iron wills ready to hold for long term pay offs.
Do what you want, but don’t expect any immediate bounce just because others say so.
WCVC long
Wolves feed off emotions here, the more emotions in the board the more wolves hiding among the sheep. Do your own research and due diligence!
