The YouTuber clearly has no idea about risk vs reward. His strategy is to invest in safe stocks that are revenue generating with the hope of doubling the initial outlay, which is a sound strategy for those who are risk adverse. It also means that when the company is generating revenue and meets his investment criteria he is buying from the guy who has made 10 or 20 bags from his initial investment. The guy that made 10 or 20 bags also took the risk that his investment could be worth zero if the bet doesn’t pay off and may have been in the red for years while development continued. Everybody’s risk profile is different as too their ability to research a stock or an industry and see the trends before they happen.
Weebit - 2021and beyond, page-6064
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Last
$2.03 |
Change
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Mkt cap ! $385.1M | |||
| Open | High | Low | Value | Volume |
| $2.08 | $2.08 | $2.02 | $616.9K | 301.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5230 | $2.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.05 | 4154 | 2 |
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