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> I was looking at it during the dip in July and thought it was too expensive. You shouldn't feel bad about it: it just means you're sensible. I've seen and h
by ur-whale 5y ago
> I was looking at it during the dip in July and thought it was too expensive.
You shouldn't feel bad about it: it just means you're sensible.
I've seen and heard people following that exact line of thought at $2, $30, $300, etc...
Predicting the future is by nature hard.
Predicting the future of a highly volatile phenomenon is psychologically hard.
- xx511134bz 5y agoNot as hard as you think, https://twitter.com/100trillionUSD/status/1406577006230245376 https://twitter.com/100trillionUSD/status/140657700623024537...
- ur-whale 5y ago> Not as hard as you think Volatility on a log scale gets squashed a fair bit. Not that I disagree with PlanB's model, but that's not what most people look at, especially not daytraders: PlanB's model's investment horizon is way too long for them.