With the futures market and how it looks at opening, seems like today is the day that wipes out all the gains I had from the previous 6 months. Easy come easy go.
Perspective is a funny thing. Since I started investing in crypto I don’t bat an eye at drops in the stock market. I regularly see 30%+ corrections which most stock market drops are just a fraction of that.
After my initial 85 cent bitcoin purchase in this thread I had been taking profits I made from stocks and rolling them into crypto. So it is was probably 3% of my fun money investing. Now with the market staying red it is probably above 5% of my account
I just checked the markets. Dow is down, Bitcoin is down, Vroom has plunged, Nasdaq is down, a whole lotta red going on. I took a pounding yesterday, and today isn't looking much better. Bummer. But I'll live.
crypto is down substantially more right now from its high than the market is. So it would depend on when folks bought in.
Good grief. I mostly play in the EV space and it's down 30% in the last few weeks. Ouchy. Thanks Biden.
Not a huge effect, but this does have some impact. 20% of trading is done by retail traders. When a big chunk of them sell everything to have stupid diamond hands.....
Yeah, basically any speculative stock has gotten tossed the last 2 weeks. Fighting back end of day today. Only a few things I wish I could dump that I wasn't planning on holding long term. Oh well, riding it out now. I transferred my fun money from Robinhood to WeBull. Better platform, better research, after hours trading, and they will cover the transfer fee.
I switched to TD Ameritrade last week for long term stocks. Talk about information overload...but good information haha.
The real estate market in Jax is more bonkers than I even realized. My wife and I have been looking for a bigger place and finally fell in love with a house. It went on the market Friday at 4, and all offers needed to be in by Saturday ay 9pm. We toured, offered 27k above asking ($289k asking), no contingencies and closing in 20 days. They received 20 other offers. We didn't get it. Super bummed. You basically have to have cash in hand and offer as something goes on the market, at least on this side of town. It's nuts.
