Mal, that is a perfect example of how not to trade. Watching the price daily only gets you regret, ulcers, and headaches.
If you are into stocks, right now the buy and hold is silver mining stocks.
LOL, I included the link to identify where the term "hodl" comes from, which I find amusing. I agree it's no way to trade. Buying low is a great idea and now is that time for Crypti. Unfortunately, I am tapped out with no available funds to buy more right now. I'm happy with my current Crypti holdings and confident in its future.
I've been watching precious metal stocks and agree they could be ready for liftoff. They certainly have been savaged for the past few years on the Toronto Venture exchange where they are traded. I've read quite a few of Jay Taylor's free reports and learned a lot, tho probably only enough to be dangerous....
http://miningstocks.com/Two companies I've been watching are Gainey Capital for gold (
http://www.gaineycapital.com/ ) which Jay Taylor thinks very highly of and also EMC Metals for....wait for it....scandium in Australia. (
http://www.emcmetals.com/s/home.asp ) Scandium is a very interesting story. It is a rare earth element with little current use, but that could change. A pinch of carbon in liquid iron makes an alloy called steel, which is the backbone of 20th Century civilization. A pinch of scandium in liquid aluminum makes an alloy with no common name yet that may become the backbone of 21st Century civilization. It could revolutionize both the aircraft industry by making super light, super strong aircraft and also the fuel cell industry by making a revolutionary new fuel cell chemistry electrode possible.
Unfortunately, I don't have a lot of money to invest in either Gainey or EMC. At least, not for a few more months, until Crypti goes to da moon.