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RE: Surviving red days, all you have to do is wait.

in #life7 years ago

Your words carry much truth. The markets are an enigma. They always have been and always will be. My grandfather told me long ago, that any financial decision backed by emotion, is a foolish one. Yet markets ride the waves of emotion up and down. In short, doing the opposite of what the mob is doing is almost always the best solution. Patience, like you stated, is always the best approach. It can be quite difficult at times, but this is not a sprint, it's a marathon.

A quote from Warren Buffet comes to mind, “If you are not willing to own a stock for 10 years, do not even think about owning it for 10 minutes.” I think most of us are in it for the long haul, so the bi-polar actions of the market today should not sway us, for we know where we'll be in the future. Steem is simply on sale today. Have a great day!

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Great reply. Thank you! You talk about your grandfather often. He must have been a wise man.

Your welcome! He was a wise man indeed.