3 ms·
Where greed comes in is where people dive into a market precisely because it is going up like crazy, which you only know after it goes up like crazy, then when
by greyhair 4y ago
Where greed comes in is where people dive into a market precisely because it is going up like crazy, which you only know after it goes up like crazy, then when it takes a down turn, hang on too long because they don't want to give up that expensive thing, then finally sell in a panic.
Buying high and selling low is a sure path to being poor.