There are several ways to make money with YEM and one of my favorite is the “Buy and Hold” strategy.
What Is Buy and Hold?
Buy and hold is a passive investment strategy in which an investor buys stocks (or other types of securities such as banknotes, bonds and debentures, common stocks) and holds them for a long period regardless of fluctuations in the market. An investor who uses a buy-and-hold strategy actively selects investments but has no concern for short-term price movements and technical indicators. Many legendary investors such as Warren Buffett and Jack Bogle praise the buy-and-hold approach as ideal for individuals seeking healthy long-term returns.
Those arguing against using a long-term strategy claim that investors forsake gains by riding out volatility rather than locking in gains and miss out on timing the market. There are some professionals who regularly succeed with short-term trading strategies, but the risks can be higher. Investment success is also realized by loyalty, commitment to ownership and the simple pursuit of standing pat or not moving from a chosen position.
Recognizing that change takes time, committed shareholders adopt buy-and-hold strategies. Rather than treating ownership as a short-term vehicle for profit in the mode of a day trader, buy-and-hold investors keep shares through bull and bear markets. Equity owners thus bear the ultimate risk of failure or the supreme reward of substantial appreciation.
Slow and steady growth of YEM
YEM (Your Everyday Money) is not yet used as a widespread alternative payment mechanism, and many doubt that it ever will be.
The journey of YEM is still just beginning. Use cases – some expected, some not – are emerging in pools of innovation across industries, geographies and philosophies. For now, its compelling narrative has given it a role in asset portfolios of all types, as speculators and investors bet on the spread of its nascent use cases.
YEM, as a Digital Currency emerged quietly almost 3 years ago; since then, it has been softly gathering strength as its powerful message gains momentum, without flourish and rhetoric.
YEM relative quietness not only allows serious work to continue behind the scenes by the YEM Foundation, It not only gives the experiments time to mature and evolve, It’s also just what the world needs right now.
With so much noise, confusion and certainty in our feeds, on our screens and in our hearts concerning the rest of other cryptocurrencies, YEM has quietly made progress, builds the stairs that will be there when the dust settles and we start to get a clearer idea of what our future really looks like.
Calls for YEM to replace the current financial system is a daily occurrence by most YEM enthusiast.
Today, it’s a common slogan within the YEM community to “Put some YEM in your wallet” which literally means to secure your financial future with YEM in your wallet.
If you are not a member yet, you can signup, become a member for FREE and even get some free YEM -
No comments:
Post a Comment