Post by
ZouZS3 on Dec 26, 2020 10:51pm
Not so Easy
Honestly the hardest part about investing is knowing when to sell. Doesn't help when you're dealing with 250% returns in a couple of months. Either sell your initial investment at least or sell everything and start over I guess.
Comment by
savyinvestor333 on Dec 27, 2020 8:44am
I pick number 3. I will admit I keep trimming all along. While this strategy will not produce an overall return of 250% annually it does let me sleep at night and ensure I don't wake up one morning broke. I have been holding between 3 to 6% of my portfolio in Xebec since buying my initial position.
Comment by
ZouZS3 on Dec 27, 2020 10:06am
I pick #1 for GRN not XBC. My position is 10% GRN and 90% XBC. I'm thinking to sell all my GRN holdings and buy it back at a lower price OR rebalance my portfolio to 100% XBC before the uplisting and analysts coverage.
Comment by
savyinvestor333 on Dec 27, 2020 10:28am
I don't know if i would call 100 % in 1 stock a rebalance
Comment by
ZouZS3 on Dec 27, 2020 10:34am
Hahaha I know I'm crazy, I think you kind of have a more conservative approach. I don't know why I'm so convinced about xebec, there is something with this company that makes me feel sleep at night without worrying about what happens the next day. I think Newcoin's recent Warren Buffet quote says it all. When it comes to xebec I understand what I'm investing in.
Comment by
ZouZS3 on Dec 27, 2020 10:55am
I think it's the Beta measure TT was referring to that makes me sleep. Strong, Long and Steady type of stock.
Comment by
whognu1 on Dec 27, 2020 1:59pm
The investment world is littered with those who thought they had a sure thing and could not lose some of you folks (ok one in particular) should spend a bit more time learning market history this isn't A discussion on being ' more conservative' it's 100% about risk mgmt shite happens And you won't see it coming trust me xo