Profit Taking Plans & Investments .:. Recap of Hive Humpday Hangout Ep.15 (2024-02-14: HHHLive Show recording)

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Published on Feb 15, 2024

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Maybe I was too optimistic about the idea of creating a show around profit-taking as not many are aware of the importance of it... Or, maybe because of that, it was a good move? 🤔 But, those who recognized the importance of discussing this topic were present and actively discussing it in the show! Oh, yes... It was Valentine's Day and many people had different plans for that day... 😍

Anyway, despite all that, we had a lot of fun at the show! We had a standard group of amazing people, and we learned a couple of new things... To be honest, I learned more than a couple! While I was listening to the recording to summarize things about the show in these words, I learned something new that I wasn't aware of during the show! As I said multiple times, I suck at multitasking and I need to focus to absorb and process the information... 😃

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The idea for the show was to go by those points from the post about profit-taking trading strategies, that I mentioned in the announcement post, and modify them slightly for a better fit for us, as an ordinary small investors...

Some of the discussed strategies were

Time-based exit profit taking
Using the opposite signal
Using a fixed profit target
Fundamental exits

I have shared some of my mistakes from the previous 2 cycles where I was "participating" and where I had no idea what was going on... Some lessons I learned from that and shared with the audience... Of course, some lessons I will have to learn in the future too... :)

Those who had experience with investing shared their thoughts about the topic... @felixxx did that in voice, sharing some interesting facts about the experiment done on people, which was on the topic of investing, and risk-taking... In the comment section, @bulkathos shared his views on the topic too, and others did too...

In the end, we came to the same conclusion that the most important thing is to avoid EMOTIONAL ATTACHMENT to the investing asset! For the rest of the discussion, I suggest you check the video below...

Oh, yes... None of the things in the show were financial advice!

Don't forget to check out the recording of the show below!

We had @beeber back into our #HHHLive first team and it was nice to see her second time in a row!!! The rest of the participants are the show legends, which are a well-established group of people who don't hesitate to help anyone in need! We had 10 people in total participating during the show, @beeber, @bulkathos, @chinay04, @felixxx, @foxkoit, @incublus, @melinda010100, @palomap3, and @sacra97! Thanks everyone for participating! I'm so grateful to have you in the show!

Close to the end of the show, we went into different topics, so it was time to finish the "official recording", but everyone stayed for the after-show! We had an additional hour of fun discussing different topics from real estate in different countries, ridiculous laws, and immigration issues, to history talk about the Romans and Ottoman Empires... 😂 All in all, a lot of fun and some great learning lessons from first-hand!

Thank you, guys and girls, once again! As a sign of appreciation, I will send some LEN tokens to all participants of the live show! You can pair them with LENM tokens, add liquidity to the diesel pool, and earn rewards! If you want to learn more about the project behind it, check out the @liotes account or visit the Liotes website... Of course, if you are not interested in it, you can sell tokens on the Hive-Engine market...

To encourage more people to come on the mic, I have sent an additional 100 Ecency POINTS to people who shared their thoughts in voice with us (this time, we had only 2 people talking in the show, @felixxx and @incublus (who helped me to find the right word 😃) were sharing their thoughts on the mic)!

Special thanks goes to @melinda010100 and @good-karma for providing the space for the event!

Thank you for your time,

~ph~

If you would like to support me, the easiest way to do it is to follow my account and vote for Liotes Hive Witness!
https://ecency.com/@ph1102
https://vote.hive.uno/@liotes
Appreciate your consideration and support!

Check out these links to the previous shows: