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yujingr
May 20, 2020 3:43 AM

BILIBILI, best long term stock. Load up on pullbacks. Long

Bilibili Inc.NASDAQ

Description

- Best long term growth stock in my opinion.
- Good prices to buy on pullbacks: $30, $25.
- It will very unlikely to hit $25 again, but if it does, we've struck gold.
- Don't chase highs (ie, don't buy now)
- However good a stock might be in the long term, investors need to care about short term drawdown, especially at the beginning of a trade - it will affect your psychology, a lot.
- Do not FOMO, fear of missing out.
- Opportunities constantly arise.

Comment

7% drop 5/20/20 "- Don't chase highs (ie, don't buy now)"

Comment

Still waiting for it to reach a good price to BUY.

We, as traders/investors, must be patient.
It is the most important virtue and skill.
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