Futures barely green, BTC teasing 38k. I have some BTC sympathy plays going for if it goes back over 40k. MARA options and BTBT shares. Think we can end the week 5 green days in a row or do people take profits today?
Its a crime that they don't teach finance in high school, even basic shit like your IRA. I only had one teacher in my entire learning career mention IRA's and it was my 9th grade science teacher FFS.
It's just like Blazin said earlier, now that the cat is out of the bag, the wall street traders have adjusted and are probably milking the shit out of them.
The spac lifecycle may be accelerating. Just looking at the last couple of years, the average spac went from 18 months to close a deal down to under a year. Also, certain sectors are exploding like EV spacs while others are being ignored.
The trigger is the rumor before the merger. It never shot up after the rumor/confirmation and when the merger hit it went down. Not all spacs are winners, thats why you need to be active in a couple
You can find that for dozens of spacs, maybe pick better spacs?
6k gains on 46k invested in one month, and most of these haven't even had their 1st rumor yet. But yeah, spacs suck. Careful with those spac scams guys!
Pretty much. Some people don't like to get in too soon, so they'll wait a few months and buy in at 11-12. Then some sell for a quick 10-20% while others hold from more. This is where you start to develop what works for you.