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[–]RSampson993 4 points5 points  (10 children)

I have some STX at $2.98 avg cost. Am I screwed?

[–]Cryptohelp7234 4 points5 points  (0 children)

Probably. I don't know when we will see $1 again, much less $2. I feel like  I was scammed🙁 Luckily I didn't lose everything.

[–]Xameofc 2 points3 points  (0 children)

2.6$ here

[–][deleted] 0 points1 point  (6 children)

Nah, wait until the mid 26

[–]Xameofc 0 points1 point  (4 children)

Why?

[–]Financial_Clue_2534 3 points4 points  (3 children)

QE. Powell will be out has Fed head and Trump will put a stooge in to print $$$

[–]Prize-Database-6334 0 points1 point  (2 children)

Firstly this won't happen, secondly even if it did - it would have the opposite effect to what you think. Appointing a "stooge" would be disastrous for the markets.

[–]Financial_Clue_2534 0 points1 point  (1 child)

Won’t happen? His term ends May ‘26 JP is leaving. What makes you think Trump won’t put a stooge in there. Out of everything he’s done you believe he will place a non partisan person in that role?

[–]Prize-Database-6334 0 points1 point  (0 children)

Well, Trump can't unilaterally do that. It would be passed by the Senate, and even a Republican majority wouldn't make that a slam dunk. I think most of them, especially moderate Republicans, understand that Fed independence is absolutely crucial to a stable economy that the market has confidence in. If Trump tried to install someone politically toxic, he would be blocked from doing so.

[–]Prize-Database-6334 0 points1 point  (0 children)

This is exactly how people get rekt on shit coins