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RE: Did You Panic Sell or HODL During The Recent Market Correction?

in #investing7 years ago

Yep. The only way you actually lose money during a crash is if you sell and lock in at that price. There's no reason to believe things won't recover at this point. Usually things will be flat for a bit before a real crash. People have to lose their optimism that there will be at recovery. Right now people are still too bullish so there are a lot of people willing to buy in at the bottom of a correction. As long as that's true, corrections will bounce back.

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