yes, following that sale in the group Michelle :-) I hope the...

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mr_delta

12,301 Posts.

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17/08/21

11:51

Post #: 55349130
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Originally posted by frontline1999: ↑

"dead men's portfolio give the best returns"

Love that phrase. Reminds me of the Coffee Can Approach:
https://www.montinvest.com/investor-insights/insights/the-coffee-can-approach/
http://csinvesting.org/wp-content/uploads/2016/12/the-coffee-can-portfolio.pdf

Recommended reading. Modifying the approach has helped me to hold onto a 65+ bagger and counting, even when faced with the volatility of one 70%, two 50% and numerous 20-30% price declines from ATHs. In comparison, Animoca's price trajectory has been relatively uneventful - one 50% drop after delisting followed by a steady staircase-esque price rise.

For the most part, we are spared the volatility that comes with owning listed equities. It's a pretty significant advantage in my opinion, in the game of unearthing and then sticking with a potential 100 bagger.

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absolutely agree with this theory - and drawdowns are part of the long run... been there and doing that now too - that is the only way to make long lasting wealth.... pip trading gives you the thrills but never the Lambo unless you are a deadset pip trading legend...

Originally posted by Vogelworld: ↑

There is a member of our Facebook group with a sell order on PM at $1.80.

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yes, following that sale in the group Michelle I hope the Melburnian gets her $1.80 today... it is just 5c away... come on buyers, step up and get her parcel... she needs to pay 6% fees too... give her the 180 !!!

AB1 Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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yes, following that sale in the group Michelle :-) I hope the...

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