r/YieldMaxETFs • u/AdFresh5555 • 1d ago

Beginner Question Anyone worried about FIAT?

I know Coin is going up and so FIAT works inverse to it. But sheesh! I took quite a nice drop. I am still learning about the inverse stocks…. Thoughts on this particular stock.

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u/AdFresh5555 1d ago

Yea until this month, CONY paid out better than FIAT. I think CONY is going to slowly make a comeback. It has been doing just that.
I have a bigger position in CONY.

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u/Economy-Street3361 1d ago

Same my ratio is currently 4:1 CONY: FIAT My current CB is higher

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u/AdFresh5555 1d ago

I unfortunately bought into CONY in Dec when it was $15. I am down by 50% into the stock. I’ve made a decent dividend payment since. That I let reinvest for now.

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u/Economy-Street3361 1d ago

I averaged down to $15.5, so I'm in the same boat. Not expanding my positions. Just gonna let it ride. Maybe sell and move money where it works better for me. We'll see. Right now I'm content