/biz/ - Business & Finance

the thing to keep in mind about all this is patience, if you expect something to shoot up in price you buy it while its steady, if its in a rapid rise or fall you must be patient, wait and collect your money to buy during the next slow and steady period
once the rapid rise starts you stop buying and hold since you cannot predict the future and have no idea when its going to peak, buying at the peak is obviously bad
once it starts falling you sell, you will never sell at the peak you will always be on the downslope but you have to remember you aren't really losing anything if you were patient and bought during the stable period anyway