Has to go somewhere right ?
Today is going to be Wild.
The Tilray Bubble has burst... who knows ? I certainly do not know...
It think it so much safer to just earn Free Crypto coins.
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They're both going to do very well for the rest of the year, I think.
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They're both going to
Do very well for the rest
Of the year, I think.
- cannuration
I'm a bot. I detect haiku.
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Great haiku
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Some will do well and some will crash very hard.
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Yeah, I meant the markets in general. People who know what they're doing will make lots of money... from the people who don't. A lot of people don't even pay attention until the rise makes headlines, and then they get in for fear of missing out. Then they lose half of their money in hours or days. You have to know when to get in and when to get out before you even put on the trade.
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Sometimes you get used to making $10,000 a day and start to believe the hype.
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I made the same mistake with Bitcoin... thinking it was just going to keep going up forever.
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On a long enough timeframe, it is going to go up insanely high. Some people might be smart to just invest and hold for years, but you can make a lot more money if you know what you're doing and play the ups and downs.
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I have learned my lesson the hard way... when something goes up over 1,000 % in a few weeks it is a good time to Sell. I had great profits in both Crypto and Cannabis Stocks and watched all my huge gains evaporate in seconds
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One trick is... when you've been made aware that it's going way up, start paying attention, but don't buy it necessarily, because it may already be too late. If you wait for it to retrace, though, read the charts, and wait for it to bottom out, you can get in on the next one.
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Yeah.. I try to sell when I have a $1,000 gain and then buy back a smaller amount ... but every now and then you get caught away from a computer when that stock drops 150 points in 2 days
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Always have a stop loss in mind when you put on a trade. If you set a stop loss, and it tanks a bit while you're not actively trading, at least you'll probably be able to buy back in lower than your stop loss. So while you may have lost the original 10% (or whatever you set the stop loss at), if it dropped 25%, and you bought back in there, you're not too bad off. You've got another chance to make up the 10% you lost and then some.
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Lesson Learned: If you buy TLRY at $ 250 or Bitcoin at $18,000 you will lose a lot of money very very quickly. I do well when I invest very very small amounts of money. I get creamed when I go all in.
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Not sure what to expect, from either...
But earning free crypto can never hurt, right?!? 😉
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Oh yeah... all the Free Ripple, Dogecoin, Steem, Bitcoin, Stellar I can get...
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You are very right! Will start doing more of that too I think...
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