Quote:
Originally Posted by toy71camaro
Nice!
the question is, do you hold or do you sell for a quick 2x-3x profit if it goes that route... That'd be the hard decision for me to make. LOL.
i agree with the "fad" comment. its the "best thing" out right now, but it only takes one good competitor to come up with the "next best thing" to knock it off its block.
on a side note, i use it for personal use (keeping up with friends/family) AND for my freelance photo business ( www.facebook.com/albertd.photography). It makes a GREAT small business advertising tool!! |
Great question Albert -- and regardless of what you do - you'll always second guess it and do it WRONG. Sell and it'll go to $1000 hold and it goes nowhere and you wish you'd have flipped it when you had a double... ME? I'll do it the conservative way -- if it goes gangbusters I'll sell some and hold the house's money.... It's the old pigs get fat and hogs get slaughtered. Of course that depends if I get any at all...