To The Moon

Hi Tigers,

Welcome to Tigers Topic Review

“Topic Review” is a new column set to highlight great comments on valuable topics discussed in our Tiger Community.

🔥Tigers Topic Review (07): Future Strategic Collaborations Waited For

🎁Tigers Topic Review (06): Chief Benefits of Using TigerGPT

🔥Tigers Topic Review (05): Choose One Word to Summarize the H1 of the Year

"What's Your Take on Meme Stocks?", such is the topic discussed in last week's Thursday Special. After posting, the post received many valuable comments based on Tigers' personal trading experience and thinking.

According to the comments, we can see that some Tigers used to trade meme stocks, while most others simply don't or hardly invest in these stocks that make us heart-in-mouth. What's more, Tigers have also shared some precious lessons learnt from their past trades.

Now, let's see what Tigers said🐯🐯 (Note: Caution is highly recommended when it comes to meme stock trading!）

🐯Tigers who used to trade meme stocks

@Shyon

Yeah, I used to be a fan of meme stocks back in 2020 due to GME and AMC. I enjoyed riding the big spike within short period of time but the human greed will let you give back all your gain! Now I learn to stay with my fundamental and technical approach when selecting stocks.

@Mrzorro

I did trade meme stock before and I had my lesson. That time I was blindly following others to buy the stock without doing any analysis. After a huge loss, I decide to cut it off to stop the bleed. I won't consider meme stock again [Facepalm]

🐯Tigers who do not or hardly invest in meme stocks

@MHh

I dont invest in meme stocks. The roller coaster ride is too much for my heart to bear…

@icycrystal

am not a fan of meme stocks. I prefer stable stocks and plan to hold them for long term. meme stock can be volatile so better to keep to stocks that do not treat you to a roller coaster ride [smile] [smile] [smile]

@highhand

nope. only companies with strong fundamentals did me. I will sleep well at night and buy on dips for such companies.

❤Lessons learnt by Tigers

@koolgal

My personal experience is $DiDi Global Inc.(DIDI)$ which went as high as USD 18 and when it was delisted I had to sell at USD 1.50. However I am still keen to get in on another wild ride but this time I would choose $ROUNDHILL MEME ETF(MEME)$ . It is currently up 67% year todate. The Top 10 holdings include $Nikola Corporation(NKLA)$ Carvana, AMC, Palantir, Nio and many more. I let MEME ETF do the hard work for me while I can sit back and relax. Investing on Meme ETF adds spice to my portfolio but it is only a small part of it. My core portfolio still consists of quality stocks that I can buy and hold for decades. Meme stocks are fascinating but they can crash and burn just as quickly too.

@FrankieRed

The lesson learnt is never to be too greedy when you invest in meme stock. U need to set a target price that you should sell off and take profit without holding on to it for too long period. Meme stock is not like blue chip stock that the longer you hold on to it, mostly you can earn more from it. If you really want to invest in meme stock, my advice is to invest only the most 5% of your investment fund. Do not invest more than 5%.

😎That is the end of this episode.

🐯All the above comments are from our Tigers, we greatly appreciate their wonderful insights.

❤Hope it was helpful to you.

(🎁As reward, the above contributors of this post will receive 15 Tiger Coins🎁)

If you enjoyed this article, please like, comment, and share. See you Tigers next time!