The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Trading can work but it is so easy to get it wrong. look at the summer for example when all miners dropped for months. trading did not work at all and most will of panicked sell. infact it was that bad the manipulation meant as soon as you bought for a trade it was straight back down. so trading did not work for months. just losses were made stop losses hit left , right and center. you need to cover all angles in this game. and fact. 80 percent of trades lose money in the stock market. anyway last post on the subject. you never listen.
That is true on paper profits but i will sell quickly when i am ready. and i have a huge margin . for example buying clean spark at 2 dollars. i do not flip flop like you. all it takes is a few second to sell. you are only correct if you wait for weeks/ months in a bear market to sell or you invest in companies like iog/ cine that go bust overnight. then your right. but that is you your talking about. not me. lol. go back to sleep poorinvester.
Looking at my portfolio and i do not do crap like switch at the wrong time etc. anyway clean spark 600 percent up, mara 350 percent up, kr1 100 percent up, terrawulf 90 percent up, argo 25 percent up, applied digital 40 percent down. this is what you get for diamond hands and getting in early with no flip flopping over 12 months. obviously i will be taking some profit soon. anyone beats that and will buy you a beer. lol.
Reefles. i do get your point. the fund is not for investing in bitcoin/ crypto and the likes of tesla. but are we not on about making money out of the few million in cash we have. and remember we are near to the bottom at 2p many years later.
So the purpose of seed is not to make money and get the share price up. so they have to stick to the same formula, the same investments which for 10 years has not worked. the point i was making and longlad was making was if you have millions use it in the right investments/ secter. or in seed case do nothing at all. did ed not say he wanted to make quick timing investments with the money and get out.
when i was on about selling into the rise at the top that was sort of what i was on about. bitcoin goes back to the highs and then selling the miners into the massive rise. miners would of been up 30 percent or more before the drop. one big problem. the miners moved down instead of up apart from mara. they ****ed us over. anyway see what happens. but that at least was an obvious short term top.
Probalby manipulated but what a day to do it. i think also it is a case of you will have to wait. it is not going to be so easy that joe bloggs could of bought into miners yesterday and made a killing. nope. you have to take the punches. mara doing better with report due etc. we have been here before.
It is a fair point as the market has been picking the best miners in this latest bull run. the november/ december it was throwing darts at a dart board. this is different but we are getting closer to the halving. but people were told on here to fillin g in form and get in the likes of clean spark, mara.
Tak. maybe the guy collecting rubbish could of invested in seed 7 years ago at 23 p now sitting at 2p. or maybe he bought bitcoin at 300 dollars per coin and now nearly 60 thousand per coin. you see the difference. or maybe not. lol.
4 million profit is actually seed total market cap. ho ho.
Tak. this ponzi scheme you say is great. i like making money. not sitting in seed forever and ever and ever and ever. lol. the thing is tak. bitcoin is smashing the doors down. it is no ponzi scheme. but keep it up while i and others make a killing.
I think i will keep winding ed up. after all he did have the ready to cash to put into bitcoin when i said at at 25 thousand. now bitcoin is pushing 60 thousand. so let us say he put 3 million in . in less than a year that would now be worth 7 million. so 4 million profit already for seed with more to come. tak. bitcoin is not a ponzi scheme. now if ed did not have the cash to put in fair enough. but he did but not only that he has done nothing with the cash. and then he takes big wages. lol. you really could not make it up.