Replies to post #66140 on VirExit Technologies Inc (VXIT)

[vdog1776]

Wow very good post!

[beer$$money]

Yea I tell folks I have never lost money on a trade but I have paid some huge tuition bills for my education!! VXIT getting ready to rumble:)

Quote:

"Treat the money you lose as the cost of your entertainment."

[oopsieDD]

I agree with this in certain situations esp last few years. Respectfully, I think context matters here.

Ex.) When talking the good ol days of wild wild west when a company has been labeled with Caveat Emptor. Absolutely agree. I was hitting and quitting that faster than a horny rabbit

See BLSP
https://www.otcmarkets.com/stock/BLSP/overview

To put VXIT in that category is (not saying you are) but incase newbies are misreading, internalizing your post, and applying that to VXIT, is not entirely accurate. not even close

Being pink current..... is completely different imo.. amongst many other things..

VIXT has a great risk/reward profile at these levels imo..

[bucks2pennies]

I think of it more like buying weekly lotto tickets with the same set of numbers played over and over, until not. Same rules apply.

In the world of the OTC, investment does NOT supersede gambling.

Investment is reserved for less risky holdings held over an extended period of time (like holding a good mutual fund where the handler buys and sells based on market trends). You just remain 'invested' while your money works for you bringing in additional appreciation, interest or dividends

In the OTC, it is pure speculation coupled with gut, presumptions, assumptions, greed speed, hesitant belief, blind faith, half-truths and absolute ignorant luck.

But I still THINK I got it right. Go figure.