Post by
Gonzinator on Feb 20, 2021 4:15am
Is it bad to celebrate early?
Is it bad to buy new cars and houses under credit before selling the massive profits? i thought it would be alright since this is a sure win for me. So i went ahead and morgaged my house so i could celebrate in style for my hive win.
Comment by
Lagerlo2021 on Feb 20, 2021 3:25pm
Im being cautious myself. The Buffet saying about be nervous when everyone else is brave. I have money in too but what is the sp going to do? Wouldn't be the biggest surprise in history to see panic sell and everything drop like a rock. Then your spending a year hoping it comes. Personally I will bail at a modest profit thumbs up.
Comment by
Mattmurphee on Feb 20, 2021 4:23pm
Yeah that's why I always adjust my stop loss. A correction will happen for sure but not all stock will go down. Now let's say while the stock market crashes btc price keep climbing. Crypto might become a "refuge" investment like gold. That means our stock in HIVE, BITF, DGMI and CODE will also be in good shape.