Speculation 2
$BABA-SW(09988.HK$
last week there were so many comments on saying baba is gonna crash til below 100 time to cash out. suddenly it became very quiet. dont be swayed by random people comments on how the market will be.
understand the reason you bought this stock is for the long term. people will do their best to swayed you to sell if they are shorting. you are looking at the 3yrs mark not the 3days mark.
understand that such stocks are not gonna make you a millionaire with 2000% return they are there to do better than the banks.
set a based line for yourself. if it hits the based line that you are happy with then sell it. emotions in the market causes one to lose money. be disciplined and not greedy.
last week there were so many comments on saying baba is gonna crash til below 100 time to cash out. suddenly it became very quiet. dont be swayed by random people comments on how the market will be.
understand the reason you bought this stock is for the long term. people will do their best to swayed you to sell if they are shorting. you are looking at the 3yrs mark not the 3days mark.
understand that such stocks are not gonna make you a millionaire with 2000% return they are there to do better than the banks.
set a based line for yourself. if it hits the based line that you are happy with then sell it. emotions in the market causes one to lose money. be disciplined and not greedy.
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Btan : The mgt is solid and business is solid.
Caprigoat : Honestly it was tough to keep holding while watching the price spiral downwards on a daily basis… seeing some light today
丁蟹NA : 20x is not impposiable, if the cloudtop idea works out. that would be like no one would buy another or computer anymore. putting apple and microsoft a thing in the past.
And it is heading into that direction.
Sean Moo OP 丁蟹NA : not impossible but you dont buy into it expecting 20x. If it hits 20x hey its a bonus.
Sean Moo OP Caprigoat : Believe me during 2020 march-may. I didnt even log into any platform. Just took a break. Came back in June and everything was at a discount. Sometimes is good to just take a break from it. Less stressful
丁蟹NA Caprigoat : If it is some other company i would be worried too. But if it is Baba, i am not worring a bit. i hope it stay low, and i can load up.
Evelynne : emotions in the market causes one to lose money