Also, interesting comment I found on HackerNews (HN):

This post was definitely demoted by HN. It stayed in the first position for less than 5 minutes and, as it quickly gathered upvotes, it jumped straight into 24th and quickly fell off the first page as it got 200 or so more points in less than an hour.

I’m 80% confident HN tried to hide this link. It’s the fastest downhill I’ve noticed on here, and I’ve been lurking and commenting for longer than 10 years.

  • iopq@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    5
    ·
    5 months ago

    You can’t go broke with 1x leverage, and I bought $AMD all the way down from $100 to $70

    If it went to $50 I wouldn’t go broke, if it went $1 I wouldn’t go broke. I just would have missed a bigger opportunity

    • chiisana@lemmy.chiisana.net
      link
      fedilink
      English
      arrow-up
      3
      ·
      5 months ago

      If it goes from $100 to $1, there’s not much left to go before bankruptcy/delisting. Say hello to swaths of BBBY bag holders… oh wait, no bags left there!

      • iopq@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        5 months ago

        It went to $2 in like 2013, close to bankruptcy. But it didn’t go bankrupt, and that’s all I’m betting on. My point is you don’t need to care about where the bottom is as long as you’re buying the dip.

        Especially if you are just buying $VTI which won’t go to $1 any time soon.