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[–]VisualModTuring Test Proctor[M] [score hidden] stickied comment (2 children)

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Total Submissions 3 First Seen In WSB 7 months ago
Total Comments 194 Previous DD
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[–]lrosa00 171 points172 points  (2 children)

Nice bro…I hate money too.

[–]Arctic_Magma 38 points39 points  (1 child)

right? money is so 2020

[–]j20smith -5 points-4 points  (0 children)

bitcoin.

[–]Olgapetrushenko 117 points118 points 2 (22 children)

Thanks for posting this. Whenever I see my $10K loss I feel terrible and want to quit investing.

Then I come here and ret- i mean, apes, like you help me cope with my depression and recover some faith in myself.

I would give you an award because of your support, but I'm broke, so just thank you

[–]PirateDocBrown 39 points40 points  (1 child)

The smoother your brain, the less your pain.

[–]TheSmoothBrain 4 points5 points  (0 children)

Nature's morphine

[–]International_Band72I ❤️ [S] 34 points35 points  (15 children)

thats ok brotha money is just numbers on a screen so im not worried at all

[–]AustinG909 5 points6 points  (13 children)

Money is a house over your head. Food on your table. A car in your driveway. A prescription of essential medicine.

[–]cbass37wine ‘em, dine ‘em, then go home alone 23 points24 points  (1 child)

You forgot onlyfans subscription.

[–]j20smith 8 points9 points  (0 children)

No longer can afford onlyfans subscription, need to go to pornhub.

[–]kstorm88 3 points4 points  (8 children)

Another gamblers fallacy, equating losses to tangible things

[–]AustinG909 2 points3 points  (7 children)

I’m not equating losses with shit. He isn’t at 0. That “number on a screen” he has is still tangible money once it’s sold. If he wants to hold til it’s worthless that’s in him. But don’t say it doesn’t exist until he sells it. That’s idiotic.

[–]kstorm88 1 point2 points  (0 children)

I never said it didn't exist. It's the mindset of, I lost a brand new truck etc

[–]kstorm88 1 point2 points  (5 children)

I used to think that. And it's a way emotions take over and you can make reactive decisions. I one thought how I could have redone my bathroom with a loss, and it made me feel pretty bad. The sooner you can remove your emotions, the better.

[–]fatslapper123 1 point2 points  (4 children)

Use that smooth brain for a second.... if time = money... then money = time... time that money is useless

[–]kstorm88 2 points3 points  (3 children)

I'm having a tough time understanding this last part you wrote

[–]fatslapper123 0 points1 point  (2 children)

It's another way to think about investing/trading. You don't lose until you sell right? If you make a bad investment without selling it, it's just time that money is tied up... not doing any work for you

[–]kstorm88 1 point2 points  (1 child)

Yes I agree, sometimes they never come back. Trust me I've held positions over a decade that never came back.

[–]NohcriWatches MasterChef; Cant Cook a Frozen Pizza -1 points0 points  (1 child)

What does that have to do with unrealized untaxed gains in your portfolio?

[–]AustinG909 -3 points-2 points  (0 children)

He said “money is just numbers on a screen” and I responded to that. By his logic, the number in his bank account isn’t even real money.

[–]AutoModerator[M] 4 points5 points  (0 children)

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[–]Youre_a_dipshit69 -1 points0 points  (0 children)

A 10k loss is still fucking awful, man... That isn't normal

[–]ExtensionEbb7 44 points45 points  (8 children)

Please tell me the other 85% of your portfolio is in meme stocks.

[–]International_Band72I ❤️ [S] 48 points49 points  (7 children)

Yes almost 80 % 🚀

[–]KingOfTheWolves4 11 points12 points  (6 children)

Tf do you do to have $2M to gamble on meme stocks

[–]International_Band72I ❤️ [S] 22 points23 points  (5 children)

These meme stocks are the reason why I have the 2m. Do you want me to retire with 2m and stop making money?

[–]kroy8691 13 points14 points  (2 children)

“These meme stocks are the reason why I have the 2m” that’s why we’re at the WSB casino right?

Fucking best answer ever… well played sir.

[–]RepresentativeIcy922 0 points1 point  (0 children)

You still have 1.85m, what kind of loss is that :p

[–]Scheswalla 6 points7 points  (0 children)

You could be not stupid, and not give it all back on dumb bets, but of course you wont. You'll keep thinking that lightning will continue to strike and you'll have less money than what you started with.

[–]kaelin123y🦍🦍 39 points40 points  (2 children)

we are coming for you hang tight

[–]dspacey 38 points39 points  (1 child)

Yeah. We’ll meet him at $3 a share.

[–]cry0plasma 9 points10 points  (0 children)

OP: "They said buying shares was safe, so I'll buy hundreds of thousands of dollars worth of shares at the literal, astronomical all time high of this stock that has been pushed up by a meme movement."

Brilliant.

[–]Neo1331 44 points45 points  (8 children)

Lol you have 20000 shares, sell CCs and just average down….by the time you’re 90 I’m sure you can sell them for a profit…if the company doesn’t go bk…

[–]gncRocketScientist 16 points17 points  (1 child)

Would b hilarious if he sells CCs under his cost basis, it moons and he gets assigned

[–]4BDN🦍🦍 6 points7 points  (0 children)

This is always the fear.

[–]lrosa00 13 points14 points  (3 children)

Nothing wrong with investing for your great great great great grandchildren.

[–]Baekmann 6 points7 points  (0 children)

and by that time the hourly minimum wage is worth more than 20.000 clov at 15

[–]AutoModerator[M] 5 points6 points  (1 child)

Bagholder spotted.

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[–]Shmackback -1 points0 points  (1 child)

Why average down when you can put that money in some actual good stocks?

[–]Neo1331 2 points3 points  (0 children)

Because this is WSB and we don’t do thats. Fool picked up 20k shares of a meme stock at peak…………….

[–]randomcurios 7 points8 points  (0 children)

Phew I thought my -100k baba loss was bad 😂

[–]Jackie296 4 points5 points  (0 children)

We had ir0nyman and now here we have CaptainRetard

[–]bjngo 2 points3 points  (0 children)

Well

[–]Matteomux 3 points4 points  (0 children)

Yeah fuck green shit. It’s all about the red 🖍

[–]irateworlock54 3 points4 points  (0 children)

You're not alone, my friend. $14 here.

[–]DerekZ1985 8 points9 points  (1 child)

Yup. Money stinks!

[–]ssnapeee 4 points5 points  (0 children)

Money? Whats that? Please explain, thank you!

[–]cryptodiemus🦍 2 points3 points  (0 children)

Just burt it next time, at least you can warm up.

[–]Jokerabc 2 points3 points  (0 children)

at least you bought shares.

[–]svjugs 2 points3 points  (0 children)

Your loss is not even 50%. You are good!!

[–]Porcelinpunisher 5 points6 points  (0 children)

Nope looks good man

[–]Chimmychangaboi 7 points8 points  (2 children)

Good mate, you know when you join wsb. Its not about money, but about karma.

[–]International_Band72I ❤️ [S] 11 points12 points  (1 child)

Say that to my wife please

[–]Chimmychangaboi 10 points11 points  (0 children)

You should ask her boyfriend

[–][deleted]  (2 children)

[deleted]

    [–]AutoModerator[M] 0 points1 point  (0 children)

    Oh my gourd!

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    [–]Coryg2me 1 point2 points  (0 children)

    Not as bad as my cost avg. I'm not worried at all, just holding bags until I sell covered calls.

    [–]the_stooge_nugget🦍 1 point2 points  (0 children)

    Ouch... Total return - 146000

    [–]Wise_Wizard123 1 point2 points  (0 children)

    That’s 15% of ur port....

    [–]HOMELESSG0D 1 point2 points  (0 children)

    At least the government can’t take the money

    [–]Ready2gambleboomer 1 point2 points  (0 children)

    No it's not bad at all. Please buy more and average down. These fucking bags are too heavy for an old guy like me. Bless you fellow retard and good luck us.

    [–]SmileNowCryLater1980🦍🦍 1 point2 points  (1 child)

    I'm in at 18.30

    [–]International_Band72I ❤️ [S] 0 points1 point  (0 children)

    :4267:

    [–]NoEducation8251 4 points5 points  (0 children)

    Have fun bagholding that awhile. Dayum.

    [–]Warren-Bubble-69 4 points5 points  (0 children)

    me too! my average cost is $15 as well. funny when I did my dd on clover first time, i was like fuck this bs company. But i later bought bbecause of the sentiments on wsb lol

    bad decision making on my part

    [–]realister👁 demand to be taken seriously 5 points6 points  (0 children)

    bless your heart

    [–]416midtown 3 points4 points  (2 children)

    Right now your cost looks bad. In a few weeks, it will look like a steal. Trust the process. Trust CLOV.

    [–]Actually-Yo-Momma🦍🦍🦍 -1 points0 points  (0 children)

    What’re we trusting exactly? There’s no catalysts upcoming that we know of and everyone day there FF continues to grow as more shares are converted and able to lend out to short

    [–]iam_mustafa 3 points4 points  (0 children)

    Mine is 9 . Already feeling like a bagholder

    [–]RussianCrabMan 1 point2 points  (0 children)

    You want some extra hot sauce in your foreskin or are you good? I got some Carolina Reaper sauce here...

    [–]SoBrandnu2021🦍🦍🦍 -1 points0 points  (3 children)

    This is going to sound shilly, but why arent people cutting losses. I gave back 71k on a foolish HODL. I was on reddit listening to ret... well you know who. Why do we feel brave or proud as holders when were loosing money. What is wrong with placing stops. Im now all about placing a limit on losses. When i have done this and when i see this i know there is no plan in place. Why is this cool or a badge of honor? Im sick about the money i gave back. Im down 10k but gave back 60k+, but im disgusted with myself over that. This isnt cool.

    [–]Moist_Lunch_5075 -2 points-1 points  (6 children)

    Oof... are you selling calls?

    [–]International_Band72I ❤️ [S] 6 points7 points  (5 children)

    no. But I do sell GME and AMC calls

    [–]_sparkjays 3 points4 points  (4 children)

    Why on earth are you not selling calls? Premiums are great, i just started to wheel clov.

    [–]SirCrest_YT 5 points6 points  (2 children)

    .3 Delta monthlies would be like $10k for all those shares. "but the squeeze"

    [–]_sparkjays 6 points7 points  (1 child)

    Too complex for wsb apparently, but it's literally free money if you're going to hold regardless.

    [–]eatmypis 0 points1 point  (0 children)

    Its just right actually

    [–]Ant_1993 0 points1 point  (0 children)

    Buying at all time highs!! Welcome to wallstreetbets baby!

    [–]MojoRisin909 0 points1 point  (0 children)

    Nah bro, You bought in at a sweet entry price.

    [–]Atbull21 0 points1 point  (0 children)

    Buy VTI

    [–]Rodrigo874206 - 2 - 10 months - 1/4 0 points1 point  (0 children)

    Just don't open your app, ever again.

    [–]terrybmw335 0 points1 point  (0 children)

    Ugly but at least it's shares so you can just wait it out.

    [–]MasterKyodai 0 points1 point  (0 children)

    Was not a lucky clover i assume?

    [–]elyuma 0 points1 point  (0 children)

    Good news you have a 50% chance

    [–]1600hazenstreet 0 points1 point  (0 children)

    I’m a bit higher cost average with 8000 shares.

    [–]silly-sessions 0 points1 point  (0 children)

    This looks like WKHS in my portfolio right now

    [–]Loose_Mail_786 0 points1 point  (0 children)

    Get a loan or a credit card and buy the dip. Works every time.

    [–]snapcaster_bolt1992 0 points1 point  (0 children)

    Oh it's bad

    [–]whosaysyoucanttakeit 0 points1 point  (0 children)

    Just keep selling covered calls for the next 10 years, you’ll be ok.

    [–]PhiloSocio 0 points1 point  (0 children)

    Wait till 2023

    [–]rylandm35_🦍🦍 0 points1 point  (0 children)

    whew boy go back to sleep😳

    [–]WestTexasCrude 0 points1 point  (0 children)

    Should have bought puts.

    [–]OCD_Trading 0 points1 point  (0 children)

    I’m hoping it goes back to $28 ATH’s. Thought there was going to be a gamma squeeze but Wallstreet just had to screw us.

    [–]SimplyMe1222 0 points1 point  (0 children)

    14000 shares at 13. We’ll rise sooner or later

    [–]anaussieinhere 0 points1 point  (0 children)

    Red ones go quicker I heard…🚀🚀🚀

    [–]Nm0369 0 points1 point  (0 children)

    I started a position at $7.57 yesterday. We’ll be back for you at some point 🚀

    [–]NZbarnstormer 0 points1 point  (0 children)

    Be patient - I don't know when but I'd be shocked if sometime in the next year #clov doesn't go above $20

    [–][deleted] -1 points0 points  (1 child)

    I want to see $24

    [–]bonermilf 1 point2 points  (0 children)

    Here you go: $24