#BNB #BTC #ETH #NEAR
My father is 83 years old and has studied US stocks for almost 52 years.
He summarized some simple rules for beginners:
1. Price falls 5% Hold
1. Price falls 15% Buy 10%
1. Price falls 25%: Buy 25%
1. Price rises 5% Continue holding
1. Price rises 15%: Continue holding
1. Price rises 25% Sell 10%
1. Price rises 35% Sell 20%
1. Price rises 45% Sell 30%
1. Price rises 60% Sell 40%
1. Price rises 100%: Sell everything
Discipline + patience = stable long-term growth.
My father is 83 years old and has studied US stocks for almost 52 years.
He summarized some simple rules for beginners:
1. Price falls 5% Hold
1. Price falls 15% Buy 10%
1. Price falls 25%: Buy 25%
1. Price rises 5% Continue holding
1. Price rises 15%: Continue holding
1. Price rises 25% Sell 10%
1. Price rises 35% Sell 20%
1. Price rises 45% Sell 30%
1. Price rises 60% Sell 40%
1. Price rises 100%: Sell everything
Discipline + patience = stable long-term growth.