I’ve fucked up lads. Convinced that we were in a recovery, I put a large position in a metaverse microcap that I am convinced will not survive a bear market.
Since buying it 4 days ago, I’m down 33%. That will probably turn into a near 100% loss if this market doesn’t turn around. But I have an idea.
If I can find a good, respectable project that has also suffered similar losses, I can roll my position over into that and technically not be selling at a loss. Then I’m holding onto something that at least has a shot of surviving a bear cycle.
So have at it. Shill me your favorite project that’s been unfairly dumped on recently, something you’d be proud taking home to mom and dad, something with a good team and use case that should still be around come August or whenever this market goes bull again. I’ll do some research and move my position over if it looks good. I need something with a better use case than mine: a cloned JRPG with a sub $8 million market cap…
This is my final saving grace. Let’s patch up this sinking ship.