my general thinking about such meteoric rise of, really, any security like btc/amzn/etc is that this is a cognitive mistake our mind does because of labels. the

my general thinking about such meteoric rise of, really, any security like btc/amzn/etc is that this is a cognitive mistake our mind does because of labels. the label amazon wasn't 'Amazon' until it showed consistent growth & shrewd judgement over time. the mistake we make is take that mental object we see now and back project on the past while remorse turns off our analytical ability to see all the possible risks associated with it then. I always remind myself that most public information is already priced into a stock & for every buyer of a stock there is a seller too.