I'm only investing $800 into this, much less than most of you. I already lost $300 by selling into the panic for $0.25 and then buying back in at $0.35.
I know for a fact that there will be panics... it will go up... and it will come crashing down. Problem is, all 3 are extremely difficult to predict.
What strategy should I adopt? Wait too long - get burned lose everything. Exit too soon - I barely break even, miss out of profits. Sell into a panic - major losses. The "panic" happens to be a REAL dump and I didn't sell - lose everything.
I am new to penny stocks. What strategy should I adopt?
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