I've been bit many times buy getting in cheap, selling for a profit and buying back in.. my best two trades were tsla and JPMorgan. Held tsla 7 years and cashed out at 1900% gain and my JPMorgan held for 12 years or so and and had 2300% gain. Buy it and forget about it. Kinda hard with a penny stock that's getting pumped, you want to check it every minute and see it's a homerun yet lol. Trading doesn't work for me
This post should be required reading before someone is able to purchase OTC stocks.
I regularly buy in the trips and the gains from being patient there are MASSIVE. Massive.
While running errands today I met someone who was talking about jumping in and out of BTC. The whole "I'll sell now and buy it back cheaper later" idea. He was soooo smart and confident... "I *know* what the price is going to do!" he said. I just laughed and tried to talk to other people but he kept butting in.
I explained to them that they are not a wizard and able to time the market. EVERYONE thinks they can. And 99.9% are not able to jump in and out.
Patience, friends, patience.
If you don't eat this marshmallow right now you'll have TWO later. ;)