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4 years ago in LeoFinance by bitcoinflood
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if an investor is convinced of his investment, when the price of the product falls, he is absolutely happy to buy it back
The long term view is always a good idea to have in mind. When the market is red, there is a better risk/reward usually (if you buy near support).
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Unfortunately for most of people, Red bring fear of more Red, so they quit.
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Yay! 🤗
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But will less competition in pools means you now hold a higher stake weight in that pool thus earning MORE cub for when the markets pick up again.
This is what keeps me going. I think the weakos are transferring a lot of wealth to the strong-handed and strong-minded so let's take advantage of that.
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Over the last few weeks I’ve tried to change my perspective similarly. This pull back hasn’t really impacted my stake in its entirety, as I lost a lot on some holdings but gained as much or more on others.
It’s shown me “Buy the dip” doesn’t just mean purchase more crypto when the price is low. It also means appreciate the opportunity to strengthen your position, or if you’re not capable of taking advantage, at least acknowledging it as an opportunity to re-evaluate your position and re-determine that you do indeed believe in the projects your invested in.
It’s a mindset as much as it is a financial move.
June: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, October , December, August and February.
Meanwhile Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas.
Don't let your feelings cause you to make poor choices. Support important lesson for all aspects of life not just finances.