this post was submitted on 04 Aug 2023
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Superstonk
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Reddit was down... So I made a Superstonk alternative in Lemmy.
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How long indeed? I have had oil/gas stocks that were underwater for multiple years; then they went above my price point. If I'd given up and sold earlier, I'd have lost money. If I'd held longer, I'd be up when I sold. Your point?
It's all a gamble. So why get twisted up about what others are betting on?
Fact is, the company has no debt, and is trending toward profitability. Do you think humanity in general will give up on games, on collectibles, on play? If so, then you should get out now. I happen to think this particular company is positioned well for the long term.