So 2020 has been a great year for me. I began with roughly 13k invested and am now sitting at close to 80k. Part of my strategy has been to realize gains in my stocks that run up a lot by selling half and moving the money to new positions. My last sold position however felt really hard to do. I found a penny stock called VERY or VRYYF and bought about 3k shares at 1$ CAD since then its run up to 9$ CAD. So far myself and my friends have all made good money on it. I made the choice today to sell my entire position as I can't make sense of its high value anymore. I believe in the company long term but I feel it has a long way to go to be worth its current market cap. My friends are deciding to stay in and I just feel weird. I made like 900% but because I was the one who found the stock and the market seems to be hyper bullish on it all of a sudden for some reason I don't really understand, it feels a little sad to have sold my position. I really do think it will drop and I'll buy back in if it does but should I stop making these kinds of moves? It's been working so far but 2020 is a strange year, I feel like I'm being cautious but maybe i'm being stupid. How does one get used to realizing gains on something you believe in and want to succeed. I feel dirty for selling lol.
Submitted December 04, 2020 at 10:31PM by EZE3D https://ift.tt/3mOEhdC
