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Help needed with Stock Market


QueenBee

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Ok so I have 18k in CHIA right now, but if I sell it now I'll get 38k. I need help with this because I wonder if I should sell right now because I will get that much back but I've read all the guides that say to be patient and wait until it's far more (but it's already past double amount). I'd like to go on and sell them to get that much back but if it continues to go up more I get more back but I also worry that if I continue to wait then it will drop and then I would have missed out on what I could of had before.

Anyone have any advice?

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Generally, I wait until it's at least 200% of what I bought it at. The last stock I sold was at 250%. Be patient, you'll be glad you were. :D

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You should ignore the %, because it will be different depending on when you bought your stocks (if you don't buy at 15 every time)

 

Most people generally sell when the stock hits 60+. You should totally wait it out :D

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Ah thank you, to both of you! I'm still trying to figure out how the whole stock thing works. Since I don't have time, or the great ability to win at games I've decided to just invest what neopoints I do have into stocks. So I will wait until it's more. Thanks again both of you!

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Ah thank you, to both of you! I'm still trying to figure out how the whole stock thing works. Since I don't have time, or the great ability to win at games I've decided to just invest what neopoints I do have into stocks. So I will wait until it's more. Thanks again both of you!

Good plan. :) The stocks are definitely an easy way to make NP- they do try your patience though!

And yes, I agree with hrtbrk. I have thus far bought all my stocks at 15, so 250% is 60, I believe. (sometimes I'm impatient and I sell at 55 or so. Oh well! heh. :))

If you have a goal you want to reach faster, it's totally good to sell stocks earlier than you normally would. But waiting it out is the key to making the big bucks on the stock market. :)

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