Thoughts on Spaceship Decline

lightfoot on 09/03/2022 - 16:22

I have invested a fair bit in spaceship and it has been steadily declining since the start of the year. I'm getting worried as this is my life savings. Anything using them, how are you coping with this decline?

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Comments

    • rektrading on 11/03/2022 - 23:01
      +1

      its algo trading

      Algo trading apps are a scam. It's packaged and promoted to rope in inexperienced investors to pay high fees in return for average performance.

      If they really figured out an algorithm to consistently beat the market & make stacks of money, why would they share it with the common pleb?
      https://forums.whirlpool.net.au/archive/374pprym

  • diddy50 on 11/03/2022 - 22:50

    Ummmm… my Super account is down about $15k. But I don't plan to retire for a while so I'm not fussed.

    Right now it's going down, but tomorrow, or in a year, it will go back up again.

  • ComfortablyNumb on 11/03/2022 - 22:55
    +1

    Words of advice, the stock market always continues to break previous records, dips are natural occurrences and evidence things are working correctly.
    Don't panic… long term hold, slow and steady is the best bet.

    Want proof, have a look at S&P index (max it in google…), plenty of dips in the track, but guess what….

  • pompompom on 12/03/2022 - 09:55

    HODL

  • Gaz1 on 12/03/2022 - 16:08
    +2

    Out of interest, is there a graph of the Spaceship price history?

  • Pennyme on 13/03/2022 - 05:01
    -1

    Check out West Wits Mining in ASX
    Has 4.3 million oz of gold resource (jorc 2012) and potential to grow to 12.82 million oz gold (jorc 1997)
    Also has potential of 16 million lbs of Uranium resource and more upside potential.
    They have a full Mining right to mine

    Have a look and do your own research and due diligence

    Not a financial advise

  • WallybR on 21/04/2022 - 15:57

    Don't stress, the market isn't going to always be up, just ride it out and invest what you can live without.

  • Garrettau on 07/05/2022 - 08:45

    My $10 investment is worth $6 now.

    • rektrading on 07/05/2022 - 09:52

      Buying more now will bring your entry price lower.

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