
Originally Posted by
IMhooked
What was your hope for your $ when you bought in? Earn a profit and cash out? OR did you believe GME was undervalued and you were purchasing stock in a solid company with solid financials for the long term? Were you FOR THE CAUSE? Was this fun money? Did you watch it daily/hourly and if so if your goal was a profit why didn't you sell?
You could hold and could endure more/total loss. It could rise but at what point are you going to "cash out"?
What are the short term and long term capital gains/losses mean for you if and when you do sell?
Are you just getting into TRADING or are you at the point of starting to INVEST? To some they mean the same thing. To others they're entirely different practices.