Quote (Drakwen @ 10 Nov 2018 23:10)
Are you serious right now? It’s how long you hold it??? Are you just stupid straightforward stupid?
If the product is going somewhere and there will be new innovations and etc then some of that is true, when the stock is continually going up it’s how long you hold it. But it does matter what you buy it at, what if the stock is at its peak value. Then you make nothing and will eventually lose. If you look at stock analysis and look at the history of the stock and see the pattern it is in then and only then do you have a shot in the dark. Doing something that some phoney ass retard book says isn’t smart.
Nah hes right. Usually the longer you have something invested the bigger the turnout is. This is especially huge for something like MJ stocks, which are new in the market. There is a chance it will crash too, based on its popularity. The biggest hits would be buying while it is in a low period during the first few months, then holding it for a few years while its popularity surges.
If you buy low and sell high, unless you have high capital begin with and never make any mistakes, you barely gain anything.