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PORTOFOLIO RED? what to do when your portfolio is taking a dive. Sell? Buy? You know you should do something.. Be careful though.. most people want to sell when prices are dropping, and buy when it’s pumping.. because of fear. But you want to train yourself to not make emotional decisions in the market. You want to buy when others are fearful, sell when others are greedy You believe in your investment and you should buy more when it dips… but when stocks are selling off it may feel like your just burning cash by investing when red. Even if it’s $5, buy a little more of your strong convictions stocks. Psychologically you’ll feel better. And when it rallies again (it always does) you’ll wish you got more. The worse thing you can do is sell (as long as it’s your strong conviction position) you’ll end up buying back when it’s going up. Trust me, I’ve been through many dips and crashes and you always wish you got more when it was this low. You always wish you got more at these red prices. This feeling is when you should be greedy. But even if you don’t have a lot, buy a small amount to feel active and responsive. After a while, you’ll notice this feeling and it’ll excite you instead of feeling down. You’ll know everything will go back up. Next time you can save a little dry powder (cash) for dips like this. When more advanced you’ll start hedging some positions $TZA $SQQQ for times like this and use those profits to go shopping for red items. #marketdip #marketcrash #crash #marketbear #marketbull #possibilities #longterm #whynot #growth #learning #crypto #invest #thisisalongtermplay #drypowder
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