$BWYS (0313.MY)$ Can anybody help me understand this?
$BWYS (0313.MY)$ Can anybody help me understand this?
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Greenbanana : No fast money, need to hold and ride the up and down
宇恒 小白 Greenbanana : hahaha I'm afraid there won't be enough bullets
Greenbanana : Hold it as long as you can, it can go up to RM 3 one day
宇恒 小白 Greenbanana : My small goal is 0.5 first, work hard now to make money and save bullets hahaha
Greenbanana : Hold till 0.5 and decide what to do next. Holding seems to work for most decent companies, the returns are better in 3 years compared with fixed deposit
ShowMeTheMoolah OP Greenbanana : I’m only afraid it will end up to be toilet roll after 3 months!
Greenbanana : As long as the stocks are not conman stocks you can hold.
I have this experience and cut loss for one stock only to have the stock rise up 50% 3 months later, that was Mobilia in 2021. Actual my loss was only less than 20%.
In 2021 I also bought 2 other stocks and both went down 50%, another 2 stocks went down 20%. I was disgusted and just hold. Luckily I was able to hold and have sold them last month at gains of 145% , 40%, 70% and 20%.
宇恒 小白 Greenbanana : I hope this company can stabilize and that's fine
Greenbanana : Take care of yourself emotionally. Don't focus on the hourly price movements. Construction boom is really starting in Malaysia, if it's a good stock it will more than double your investment.
105641912 Greenbanana : what makes you say that, is it a good time to buy now at 0.26? also how long u think u will hold