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Worst advice ever. Do not try to buy the dip in this market. Most likely it will lead to loosing money.
by zenlot 7y ago
Worst advice ever. Do not try to buy the dip in this market. Most likely it will lead to loosing money.
- foobarian 7y agoYou only lose money if you sell :-)
- Matheus28 7y agoDon't forget the opportunity cost of waiting 5 years for your investment to go back to net 0 :)
- VikingCoder 7y agoOr if your asset gets delisted. Or if there is no list.
- pengaru 7y agoIt can't possible be worse than advice to buy at the start of this covid-19 disaster. I feel for those stuck holding this particular bag of shit. Fortunately I pulled out after the last TSLA earnings call, and look forward to the future shopping spree once the dust settles.
- UncleMeat 7y agoBuying when it is low is not as good as buying when it is lower. But it is still good. Buying today is much much better than buying a month ago. Or six months ago. Was it a bad idea to buy then?
- dllthomas 7y agoIt's clearly better advice than dumping in more than you can afford? ¯\_(ツ)_/¯