Well, it's NOT that much, but its all that I have to invest with. When I jumped in at .26 a month or so ago, I thought it was going to be in the .30s or so shortly after. I figure I was going to ride it a little bit and get out at certain spots and then keep what I had in for profits to see if it goes higher. My long term per se was it was going to eventually get to $1 or higher. But, getting out at specific points along the way "just in case" it does dump down again
problem is, it NEVER got went past .26 and I've been down ever since. So I opted to stay in until it gets back to .26 and get out at even, or keep being patient and wait till it actually goes much higher. My plan is still the same, get out a certain area, etc. I just didn't think it was going to take this long. I didn't think it would get to $1 quickly either, but figured it wasn't going to keep going as low as it is
But, as you said, no good news means this won't go up either.
the money I used is money that, if i do lose it, doesn't mean the end of the world either. Its money I had saved to invest and hoped to make money off of, just like anyone else.