Are we investing Or gambling? Newbie's questions
Despite the fact that lots of people are panicking about the price of stock, the market designed to serve you not owns you. I felt depressed when the stock I purchased went down and down. I couldn't sleep in peace of mind. Therefore I spend most of my free time to check all the related forum & video , results showing the position I owned is facing "shortsqueeze", "undervalued" & "bullish". Slowly I realised the more results I found in the internet, the better I feel. I started ask myself "Am I gambling at this point?" and the answer is "Yes".
I remembered the first intention of buying this stock $SOS Ltd(SOS.US$ was about investing a company with strong profile, least debt, and their clients are China's banks and China's residents.
So..let's put on investor's perspective to view this stock, it's an affordable price for now and worth for holding long terms. Not a gambler's mindset.
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709877391 : with this stock I considered it a gamble especially when I seen how it performs vs other crypto related stocks. I have a few safe bets and I throw some risky ones once in a while just to see if it lands myself
yuppie go : same here, its a gamble so seems like it's not working this time
Kurt91 OP 709877391 : I like your opinion,![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
just a sharing what I observed these weeks
Riot, Mara, SOS
has the similar fluctuations
Kurt91 OP yuppie go : Many consider investing a gamble. And it certainly can be if you don't know what you are investing.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)