dont scare ppl by saying cr@p like ' OH...its gonna half"
thats why hotcopper is a DANGEROUS site for new investors/traders or even ones whove been in it for a while.
Hotcopper rampers/downrampers plant seeds into ppls brains but doent necessarily know squat about fundamental analysis or anythingmore than basic fundamental analysis.
In fact most are just speculators/gamblers
If youve got money in nickel - go research nickel fundamentals extensively and draw your conclusions
yeah - if youve got a MASSIVE holding(s) in nickel , you may be aware of a little change in sentiment.
But I personally always keep a CORE holding for long-term. I never sell out completely!
you cant time the market. It can come back within the blink of an eye in a strong BULL market!
Look at ASX200 - it got toppy. Many ppl on hot copper sold 90% of holdings. They expected market to fall to 6000 or min 6100. never happened :)
market went down to 6180 which no one expected. Even I expected 6120-130.
So it was 6180 and within 2-3 days back up to where it was more or less give or take.
Did it pay to sell??? NUP! Ppl just payed tax for nada!
So never sell your CORE holdings if you believe in the long-term outlook!!!!!!
I.e ive always got 1000 JBM. I may add another 1000 when its cheap, and then sell that same 1000 when it gets toppy. But the CORE 1000 will always stay long-term!
Hotcopper rampers/downrampers can DESTROY you if you listen to them as they plant seeds in your head.
be careful
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