Post by
CrazyTrader on Aug 21, 2024 2:05pm
I'm making good coin in LIQUID, RISK FREE investment.
Took me 2 weeks to unload my BPO shares and that's with me sitting at the ASK all by myself and also selling down to the BID.
That was CRAZY STUPID. Sonoffergus going off about the E's but not buying..... at least he probably didn't buy my dirt cheap E's.... NO, probably waited until someone else bought my E's and then scramble to buy couple shares at higher prices.
I sold my BPO one by one. By the time I got to selling my E's, BPO Prefers started to tank, but once I was done selling, BPO started to recover.
If the market/BPO were to CRASH, I don't see how one would exit out. It took me 2 weeks to unload.
Comment by
SONOFFERGUS on Aug 21, 2024 2:50pm
"probably" doing some heavy lifting innit? IMHO you have cashed out at the wrong time. OFC since your investment strategy is YOLO, it gets awfully hard to sit on a gain. This things are illiquid AF and that is part of the appeal for a long-term investor. Why put money in super-liquid stuff if you don't need the liquidity and can pick up a big premium for doing so?
Comment by
SONOFFERGUS on Aug 21, 2024 2:55pm
Tell us more about this liquid, risk free investment paying good coin.