>somehow be put in charge of my family's life savings because "I'm the smart one">about 900k in total>literally almost a centurys worth of blood, sweat, and tears>lose everything in a single year until there's only 65k left>almost kill myself in a car accident but swerve at the last second>wasn't even intentional but the stress was so high i couldn't even think straight while driving>gamble in penny stocks>literally every shitty penny stock happened to be sky rocketing at that exact period of time>work my way back up to 500k>if i had just held i would gone to 2 million with just a single stock i bought at 20c>move on mid/large caps and finally break past evenMy Christmas present to my family is never letting my them know how royally i fucked up
>>61518531If any of this is true then you have gambling problems and need to tell them you can't handle it, because you're just going to lose it again.
this is a larp, was posted in /smg/ yesterday
>>61518531but you are at a 400k loss!What penny stocks? Would like to know. Trying to move from crypto to "real" stocks.
>>61518814None of them are relevant right now, but off the top of my head KULR, QUBT, RR, TOI. There were a bunch of others floating around at the time at pennies and all blew up >10x. Last winter was treasure trove of penny stocks
>>61518531jesus christ just put 90% in "60/40" etf, 5% in gold and 5% in btc. how hard it can be you fucking gambling retard
>>61518531Bad news/good news: you're still the smart one.
>>61519298>5% goldIt's not 1995 anymore, boomer.
>>61518531stop gambling with your families money u sociopath
>>61519564TRUUUE, should be >20% gold.
>>61518531That’s honestly an amazing recovery. Well done. Now quit fucking around with the $900k and turn it over to an advisor or something. Gamble with your own money. You’re simultaneously smart and idiotic.How did you pick your penny stocks? What did you look for? What have you learned?>>61518559Maybe it’s the same anon?
>>61520316>How did you pick your penny stocks? What did you look for? What have you learned?Tech that's related to AI hype or has a lot of potential, reading earnings reports to make sure they aren't going bankrupt or diluting soon, history of dilution, insider buying, staying away from biotech, chart patterns, buying the bottom and not fomoing in mid way through a run, etc. There's so many things but the last one is probably the most important and the most difficult for most people. The biggest lesson is the market is truly unforgiving. 50% losses even in large caps happen every single day and 99% losses happen all the time. Most people should just be DCAing into SPY and VOO
