RE: Was I Wrong?
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Allow me to share my brief journey as a stock trader.
I entered the stock market in 2015 with the intention to become a long-term investor. But after experiencing the daily volatility, I immediately changed my strategy to a short-term trader for this is more suitable for my personality. In the stock market, I didn't aim for a "home run". I was satisfied with small but consistent gains. Nevertheless, despite those gains, I could not monitor my progress for I failed to keep a record of my trades. I only started record-keeping in 2019, and I thought that I can keep such practice. I was wrong. I gave it up after being caught off guard again by the bear market in July last year.
Entering cryptocurrency, I never thought of trading a token for short-term gain. It's more like a long-term building project for me. Just like you, though I don't concern myself much with market price, I still check it when buying a token. My focus for now particularly in this environment of bargain prices is to keep growing the stakes of the tokens in my list. Whether their prices will dive even deeper, I will just keep adding for I consider times like this as a rare opportunity.
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I do agree with you about bear market presenting opportunities.
I bought myself some HIVE yesterday, but also HBD, both being primary targets for me on Hive this year.
I wanted to buy more SPS, but before I decided to do so, it started to pump once again, and I didn't buy it after all. I have quite a few SPS to wait for better opportunities.
HIVE, SPS, and DEC are my targets now. I am converting my HBD to HIVE since the start of May for PUM participation. Maybe next week, I can add more.
Yep, I need to keep an eye on the price of DEC too. Although all three are hunted by many others. I have a feeling there are/will be other better opportunities out there, less visible.
DEC is the cheapest token on my list. 75 days remaining before the airdrop ends, so I am thinking that by buying more DEC, I could at least increase my SPS daily airdrop a little bit.
I'd only buy DEC below the peg (0.001$ per DEC or 1$ per 1000 DEC).
That's exactly the price now both on the bid and the ask sides.
Yeah, because people know they'll get a discount if they buy at a lower level.