My earliest purchase was Jan 1st for .008. Only 5 bucks for the fuck of it. lol The thing is, are they still going to be pumping it by that time. People have an incredibly short attention span, and who knows what the restrictions will be this time next week, they keep changing the rules.
I was lucky I sold half at yesterday's high. About 7.8 cents. I made this spreadsheet to help my decision making. I can change it with my number of coins in case I want to buy or sell.
I'm thinking its better to sell a larger position if it goes above 7 cents, then reinvest on dips. If its in the 6 cent range, sell smaller number of coins to reduce my nut. Right now if I sell 25% (3700) coins at 4.2 cents, then my nut is zero and I still have 11,100 coins. I won't do that though but its nice to know.
another really good explanation and overview of the Gamestop situation: https://www.huffpost.com/entry/gamestop-stock-reddit-wall-street_n_6014379bc5b653f644d35320 ********************************************************************* and a really excellent discussion specifically about gamestop, but more broadly about the market, shorting, and capitalism: https://luke.substack.com/p/you-always-think-you-can-get-out?unlock=true
Doge may be dead? at 2 cents now. I won't pull out. 1.6 cents is my break even point and I'll prob go down with the ship.
I have a good mount of coins (20k), so I'll hold steady. My average cost of what I paid for a Dogecoin is 3.2 cents, but since I sold half at the peak and then bought at the dip, my cost per coin is 1.6 cents. I wish I had waited for it to dip further (I bought at 3.9 and 3.1 cents yesterday), I'd have probably 10k more coins for the same price, but fuck it, its hard to predict these things. I set my target buy-in and sell prices, and I'll stick to those. Its good to have discipline in these matters. Out of $350 put in, I'm still up $150.
