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51108939 No.51108939 [Reply] [Original]

This stock is called WULF, it’s a bitcoin mining company Terawulf, I purchased a bunch of shares at $9.60, I was in the green when it was above $13.

I’m a poorfag so a loss this big is heavy on me, so I’m debating about just holding until it recovers which could take a year or more. What do you think bros should I try to bring down my average cost and dump more into it, or should I just sit and wait?

>> No.51108957

>>51108939
This kind of thing is why you're poor btw

>> No.51108968

I never understood the retards who bought mining companies, if you want to invest in crypto just buy crypto. WULF is gonna have to make a pretty impressive comeback gl anon.

>> No.51109023

>>51108939
Are WULF likely to be around in the next couple of years? Honestly, just let today's news sink in a bit. Don't be a retard and go splurging thinking you're getting a steal. Shit could get real messy. Price is sitting way below your average so, a few cents here or there won't matter.

>> No.51109029
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51109029

>>51108968
And their chart is utter garbage. I say HODL don’t invest any more fucking money into this shit and sell on the next run up if there even will be one. I’d honestly be okay with selling at breakeven.

>> No.51109036

>>51108957
It’s cool it’s the worst stock I have, overall I’m up 20% and I started about half a year ago.

>>51108968
Foolish mistake on my part but hey live and learn, I luckily scored a job that pays 60k a year so I won’t be poor forever if I make better choices in the future. My main thing is should I dump it and use the $300 to swing until I’m back near 1k to recover losses or just wait.

>> No.51109090
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51109090

>>51109036
Ive never been a fan of swinging but if you really want to you can.

>> No.51109170
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51109170

>>51109023
Supposedly they’re the most eco friendly bitcoin company in us, with how that trend is going is why I decided to invest, originally I was going to hold but it’s been stagnant under $2 for months and bitcoin will have to pump for it to go above 4-5 so I could bring my average cost down here and there but $100 here and there could be used towards swings which I’ve had a lot of success with especially Chinese and Pharma stocks.
>>51109029
Yeah I don’t expect to profit anytime soon I would be happy to break even and put that money towards something else

>> No.51109419

>>51109170
I saw for now just put it on the burner and focus on some winner stocks to recover.

>> No.51109446

>>51109170
>but $100 here and there could be used towards swings which I’ve had a lot of success with especially Chinese and Pharma stocks.
there's your answer. WULF long term, put money into shit you like better. Or sell up and put whatever you get out into shit you like better. I'd personally just bag hold and buy again if it hit under a dollar, while diversifying elsewhere.

>> No.51110184
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51110184

Thanks bros looks like I should just wait

>> No.51110344

>>51109029
>thinking it's going to get back to breakeven
hahahaha

>> No.51110888

>>51109170
>eco friendly bitcoin company
a wut?

>> No.51111015

>>51110888
Look ‘em up padre
>>51110344
It either will go up to 5 and I break even or it fucking dies and I lose 1,000