Quote:
Originally Posted by svandamme
If your good friend did this, before the news was public.. And he somehow knew about it via his job on the inside, then he too would be liable for charges of insder trading.. And it's not something they laugh about..
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We are on 2 different pages. You are stuck on insider trading, I am looking at common sense trades.
Carry on, let me know if you need any pearls.
Same goes for G&S - I have alerts set to my phone, if silver drops below $22 an ounce I got on a buying spree.
I build cash reserves (like I am doing now with silver up to $25 an ounce) so when it dips, it always does, until it will not anymore, I make some larger purchases.
Same goes for crypto, I keep some cash on hand to invest into it in nibbles when it dips down.
I have no inside information, neither does my friend, we use the tools available and look for opportunities.
In early 2020 I was stupid, I backed out of RE deals because of the Rona, I froze because I believed the fear porn.
That cost me a 200-400K in profits.