With all the mania around GME and Doge lately, I admit I’ve been kicking myself a little for not throwing some money at them.

But let’s dive into analyzing my actual decision process, to see if I made a good or bad decision.

First up, $GME

I first heard the GME saga when it was ~$100.

Looking back, it’s easy to say “duh you should have bought, you could have tripled your investment”

Something something hindsight 20/20

So what did I know at the time:

GameStop was a physical game store that paid pennies for used games.
And somehow that company was worth $100/share.
People online loved it and wanted to stick it to the man by executing a short squeeze.

That’s all the information I had about it.

I chose not to buy and watched the whole scenario play out.

To me, the decision was good. I knew nothing about the company or the stock.

But I knew my tolerance for risk wasn’t high enough to buy.

Now, Dogecoin.

This one was a harder decision, I first became aware of potential doge momentum when it was still below .01/coin.

That was low enough that I was tempted to throw some money at it, just to see what happened.

Full disclosure, I know the very minimum about crypto and had I invested it would have been a full yolo play.

I still didn’t invest, but that was more due to access friction.

The ultimate question, was this a good or bad decision?

I would chalk it up as a bad decision, I chose not to fund my webull account to make the play.

But I’m not kicking myself too much, we can learn from every decision we make.

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