Super Long-term Buys
Added 2021-09-08 12:22:32 +0000 UTCWhat are Super Longterm Buys?
Super Longterm Buys are something I will be posting throughout the year. These are buys that will rise over time and will take a bit more time to see any progress but they will make you some good coins. This isn't a typical guide explaining how you can use them, but a guide to explain what I give you on some channels.
I will always call these buys Super Long Term Buys and you can expect them 2-3 times a month.
Risk/Reward
The risk/reward will always be on the post but you can expect more low-risk and high-profit posts. These are low risk as most of the time I don’t expect them to go any lower and high profit as you can hold them for a very long time to see the profit you aim for or wait for the right situation.
As an example, I posted Diaby RTTF at a very low point last year but the hold time was almost a month. He still almost doubled and you could have easily made some big coins on him.
Opportunity Cost
When I talk about Super Long Term Investments I also have to talk about Opportunity Costs and potential hold times.
I think it's clear that you have to expect some longer hold times and that you could end up missing out on other buys. That’s very common for this method and worst case you don’t even make a profit from your Super Long Term Investment while everyone else is continuing the grind.
There's an alternative to just buy 1 of each Super Long Term Investment and store them in your club as a Club Stock. That’s something I do myself a lot and it keeps me in the loop for many other trades while still making money on my long-term buy.
If you decide to stick all your coins into these Super Long Term Buys you have to accept to hold very long. It could be a month, it could be 2 months.
Summary
- Low risk with high rewards
- Longer hold time
- Club Stock potential