Friday, September 04, 2020 9:41:37 PM
Here’s the secret sauce on the OTC - buy low and sell high
If you buy shares and the price drops, you better make sure you have a consistent stream of funds coming in to dollar cost average
People who buy stocks and sell them when they go down are the ones who lose massively. These are the same people who buy stocks when they have rallied 1000% and then sell out once the stock reverses at a massive loss
The only way to make big money with stocks like these is to buy, buy more on the dips, and sell into the parabolic spike
You have to enter a position with conviction and confidence, not shaken by short term price volatility
When a majority of people hate the stock, you know its time to buy
When all the hype and attention starts pouring in, you know its time to sell
If you’ve dollar cost averaged correctly, then you’ll be able to sell your shares at a massive profit
“Be Fearful When Others Are Greedy, and Greedy When Others Are Fearful” - Warren Buffet
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