How people lose their shirts in any market: - Trying to time the market - Trying to get rich quick - Believing that past results indicate future performance

How people lose their shirts in any market: - Trying to time the market - Trying to get rich quick - Believing that past results indicate future performance - Making decisions based on emotions (regret, fear of missing out, greed, wishful thinking, etc) Your comments make it seem as though you're doing at least half of the above, so be very careful. Also... > In retrospect, it was foolish of me not to get some BTC since they were $1 per coin (!!) last time I checked. Everything is obvious in retrospect. Were you also foolish to not buy TSLA in 2011 when it was $30? No, because you didn't know then what you know now: That TSLA reached $350 and BTC reached $3,000. In the same vein, you are not not foolish (uuh..) for not (uuuh...) buying any other cheap investments that did not (oh lord...) grow insanely fast. In other words, you should judge past decisions by the information you had at the time, not by the information you have now.