The main task of life is to stay healthy, and then to have fun. The side missions are to find things to do, like trading crypto—stay healthy and enjoy yourself.
Man, nailing the whole 'knowing and doing' thing is really tough. I totally get that the big trend is definitely bearish, so why did I get itchy fingers and go long? Just feeling guilty 😥
The reason for the drop in speace X$specX is the issuance of 20 billion in bonds. Such massive debt triggered panic, and the circulating supply is so limited. After the financial reports in July and August, a large number of shares will be unlocked, changing the supply-demand dynamics drastically.
If you can't even grasp crypto, then don't jump into stocks. EPS and ROE don't meet the standards for value investing.
I think this is more of a hype and faith stock. People believe it's the future of humanity.