Tuesday, January 28, 2020 7:58:27 PM
Illusions of massive gains is what gets us trapped in losing positions.
Compounding as little as 30% repeatedly over the same proposed 2 month hold will yield as much as 13000%
Say this becomes a 10 bagger. Great. If you 'invested' 1k, you have now banked 10000. You waited 2-3 months (not guaranteed btw) but you made money. Good for you.
In the same 3 months, you can find 10 plays where you net 30% on each play. This, in the otc, is not difficult. Your closing account value should be 1000 *(1.3)^10 > 10000.
In this race, the turtle wins. Taking consistent, realistic profits over a shorter time period is significantly more profitable than sequestering capital for a big payout that may never come.
JMHO. GLTA!
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM