Is this is the end of #CSE, answer is NO. Many people may exit, new people may join, Mr Market will be here and he will prove everyone he is right at the end. Mr Market will transfer the wealth from people who violates the rules to people who follows the rule.
When AAIC research published AAIC remained stagnant at 30 levels for next 3 months. Whenever people ask me about good stocks I suggested it, but they replied me it doesn't have volume know. Imagine you bought this at 30 and went to Coma and woke up few days back return was 7x.
When you look at the chart you can see the stock got mass attention when it peaked to 180 levels. So everyone wanted to join the running horse and they don't want to Buy a stock when no body wanted and sell it when everyone wanted it. This way you could easily compound money.
When you make a good return, take a break and observe what's happening. Don't rush to do another trade. Fixed deposit 8% return for 365 days, but in #CSE why you are trying to make money everyday. 26% x 5 trades will double your capital.
Always build a cash position on the sideline using profits. Markets are unpredictable when opportunities are presented you need to grab it. If you have cash only you can buy when there is blood on the street. Check Berkshire BS, they always have cash.
This bull run created many gurus, gurus are thinking their intelligence made them rich. But common sense view is that excess liquidity made them rich and when it is gone, gurus will be gone. So take responsibility of your finance, if you really want to make Big in #CSE - DYOR
Follow disciplined investment
Continuously learn
Have a small % to gamble or trade
Don't follow the crowd, big 💰 made by betting against the market
Always keep in mind Mr Market will make you humble if you violate the rules
Follow @Gautam__Baid to understand how you can compound wealth, @morganhousel to understand market psychology, @naval to learn philosophies and @AswathDamodaran to learn finance and valuations. Continuous learning and staying consistent will make you complete in this game.
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There were three old, broken houses that nobody wanted to buy. Then came a good salesperson. He created a sales pitch for each house. 1) A gold-plated mansion 2) Mansion made of silver 3) Platinum apartment.
He put an advertisement in newspapers stating that whoever buys this house will attract gold, silver, and platinum, respectively. People laughed at him first and said, "Find a different fool to sell your lies." But the experienced salesperson didn’t give up.
He believed repetition makes a fact seem more true, regardless of whether it is or not. So, he decided to repeat this process whenever he got genuine buyers on the site, he ensured that he got frequent calls to his mobile asking about the availability of the house (Creating Hype)
$LUNA liquid circulating supply at historically low levels of 108mn compared to 146mn observed a month ago. Recent rally of $LUNA (+44%) indicates increased trust in the project and rewarding mechanism. Multiple to UST still at 1.6x (cf. history average of 3x) indicates 50% ⬆️
I believe sharp decline in $LUNA supply was driven by reward mechanism. This can be validated through the exponential growth in $LUNA staked 375mn vs. 346mn 14 days back. 3 projects are being airdropped for staking $LUNA. Pipeline indicates $LUNA can become a scarce resource.
After being stress tested in real environment $UST supply also observed an uptick. Growth in UST will have a positive impact towards $LUNA price action.