Sunday, October 24, 2021 9:43:00 AM
I don't see investing as gambling. There's a time and place for gambling in the market, and that goes for any market.
For myself, I see it as this; before crossing the road, what does one need to do?
For BYOC, I started crossing the road awhile ago and did foresee some potholes, bad weather, etc along the way to the other side, but path was clear of oncoming cars. Unfortunately, there was definitely an ugly median apparently to get across(see weekly chart 2 year timeframe). Totally didn't expect the CEO to unexpectedly pass away, which made that median DEEP. Created some opportunity though!
But now we're getting out of the deep ugly median and I definitely see the other side and the road is better shape and path is clear.
The point is I've done my homework, DD, Etc... understand risk/ reward.
For gambling in OTC, I guess that's why people use the term "lottos", lol. Comparing gambling with lottos in the otc to crossing the road, is like playing "frogger" with very fast moving cars. There's skill to those lottos as well, but much much higher chance(risk) of going "splat".
That's my take on things, hope it helps and brings some laughter too.
For myself, I see it as this; before crossing the road, what does one need to do?
For BYOC, I started crossing the road awhile ago and did foresee some potholes, bad weather, etc along the way to the other side, but path was clear of oncoming cars. Unfortunately, there was definitely an ugly median apparently to get across(see weekly chart 2 year timeframe). Totally didn't expect the CEO to unexpectedly pass away, which made that median DEEP. Created some opportunity though!
But now we're getting out of the deep ugly median and I definitely see the other side and the road is better shape and path is clear.
The point is I've done my homework, DD, Etc... understand risk/ reward.
For gambling in OTC, I guess that's why people use the term "lottos", lol. Comparing gambling with lottos in the otc to crossing the road, is like playing "frogger" with very fast moving cars. There's skill to those lottos as well, but much much higher chance(risk) of going "splat".
That's my take on things, hope it helps and brings some laughter too.
My thoughts/opinions are my own, based on research & DD, best to find your own! I invest for myself/ family 1st, then everybody else.. the same as any business!
Please do not buy, sell, hold based on my opinion!
