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RE: Crypto Kingz | Steemit - Cash Out Step by Step Tutorial 🤑
Nothing wrong with taking a little profit. Not wise to put all your eggs in the same basket.
Nothing wrong with taking a little profit. Not wise to put all your eggs in the same basket.
it is a nice strategy, however the best one is to stack and use the power of Warren Buffet compound % increase!
check it "The per-share change in Berkshire's book value per share is an annualized gain of 19%. But the same, like I was saying, the market value of its actual shares is 20.8%. So a 1.8% difference. Over that stretch of time period, that transforms that 2 million percent return all the way down to 884,000% return. So just, on a yearly basis, even though it's less than a 2% difference, over the stretch of that 52-year time period, you're looking at a 1.1 million percentage difference. The point is, compounding returns is something that you want to grasp onto as an investor and take advantage of to the greatest extent that you can." https://www.fool.com/investing/2017/03/13/a-lesson-about-compound-returns-from-warren-buffet.aspx full story!
Amazing stuff