Quote:
Originally Posted by Demonpenz
I bought high and the shit crashed next day hehe glad people are having fun with this expensive video game.
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So a decent way to look about that is the same product that you were willing to pay 350-400 for (because you felt it had the potential to multiply that number many times over) is now "on sale".
Look at the short and long term trends for these financial products and you will notice big swings in both directions and in many cases, a big dip is followed by a huge surge.
Buy low sell high
Can't get too discouraged after just a week of an investment.
For the same price you could get 2 for a few days ago, you can almost get 3 now.
If you still think it has potential to go to much higher peaks, bows the time to load up.
It's called dollar cost averaging.
You spend 400 on the first one and the next 2 you got for 300 each, so you're into each one at 333.
It goes back to 400, you made a nice profit. Sell high and let the market do its natural "correction" to drop some in price and do it again.
Try to get rich.