Today:
- Ditched the lures for spears
- Market Theory from yet another perception
- Gameplan during turmbulant months
... & MOAR!
People keep asking me about my price predictions; I wanted to throw this bit of rare advice out there:
When making an investment, the only thing that matters is the demand.
There are two types of investments: Those with the illusion of value & those with actual value.
The one's with the illusion of value are ones that live & die by the market price; a few dumps could kill these investments.
The one's with actual value don't need anything to survive; its survival is interwoven with its value.
You could dump value investments to the floor, and there would be a frenzied gold rush that would follow, as anything that is cheap and has value get's scooped up quickly.
With that said, holding raises the price, yeah, but I'm more focused on improving the product, increasing its value. With the products floor of value consistently raising, holding becomes more natural, even for weaker hands. Strong hands become rich during crashes.