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The wise words at the end: You can tell where there is too much money and too little money by looking at valuations. When valuations are extended, that means t
by ericand 9y ago
The wise words at the end:
You can tell where there is too much money and too little money by looking at valuations. When valuations are extended, that means there is too much money. That was seed in 2014, growth in 2015/2016, and ICOs in 2017. The trick is to get into these sectors before the money shows up and get out when it does. And then get back in after it leaves. And not get burned along the way.
- ericand 9y agoOr as Warren Buffett put it: "...be fearful when others are greedy and... be greedy only when others are fearful" https://www.investopedia.com/university/warren-buffett-biography/warren-buffett-most-influential-quotes.asp https://www.investopedia.com/university/warren-buffett-biogr...