@Snow123 @Sunseeker72 Hope you guys are well
I made a comment to a different user on a different forum that i think might be relevant / id like to share with you
The link is here:
https://hotcopper.com.au/posts/74662106/single
Id also like to share this:
As you can see, lithium has been the worst performer for the past year
With gold having been trending up and gold stocks currently in flavour
Instead of losing hope, just take it as a learning experience. To be a successful trader you need to keep track of everything and change things around in your portfolio based on whats happening
Im sure lithium will have its time in the sun again, as all commodities have cycles. Most analysts i believe are predicting lithium prices to increase towards 2029 (although their predictions are always changing, so best to keep track of the latest data)
Personally, i have been out of lithium stocks for quite a while now, and have invested into gold. I continue to monitor the lithium space, but i wont be trying to catch the knife. Rather, i think its best to wait for confirmation of a reversal (although different people have different strategies, ofcourse)
All the best
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