🎢 Stay invested - for the long term

A friend of mine started copying my portfolio, but unfortunately, the market took a 3-5% dip right after. He got spooked when his copy hit -5% and decided to bail. 📉😰All within 5 days.

I reached out to him on Facebook to ask what happened. He said he was "experimenting" and trying new things. Now he's copying someone else and sitting at -2%. Meanwhile, my portfolio has not only recovered that initial 5% loss but has actually gained even more! 📈💪 This leaves him at a loss, as he sold at a local bottom.

This scenario perfectly illustrates why constantly shifting your investments can lead to losses. It's so tempting to jump ship when things look rough, but patience and consistency are key in this game. Doing "nothing" is also investing.

Remember, folks:

1. Short-term fluctuations are normal. Nobody got rich in 5 days.

2. Panic selling often leads to missed opportunities.

3. Shifting also has costs in trading fees.

4. If you trusted your PI 5 days ago, why jump ship now?

What are your thoughts? Have you ever been tempted to bail during a dip? What does long-term investing mean for you?

Assets I am currently watching:: $SPX500 (SPX500 Index (Non Expiry)) $TQQQ (ProShares UltraPro QQQ) $AAPL (Apple) $BTC (Bitcoin) $CRO (Cronos)

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💚 Invest smarter, not harder—copy my trades and watch your portfolio grow! 🚀

✅2023 - 54.58%

✅2024 - 54.1%

Gabor Fogarasi @fogi70

eToro Popular Investor 🏦

CISI Level3 Investment Certification

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