4 ms·
I agree except for the part about "buy low, sell high." Timing the market is a fool's errand, and it gets no easier during a time of recession.
by savanaly 4y ago
I agree except for the part about "buy low, sell high."
Timing the market is a fool's errand, and it gets no easier during a time of recession.
- noobrunner 4y agoI am shocked. No one has yet said 'Buy Crypto' :)
- rchaud 4y agoThese days we're more likely to see comments of the "HN is hostile to crypto" variety.
- nullbytesmatter 4y agoDiamonds hands!
- MacsHeadroom 4y agoUnironically, my friends who ran up their credit cards to buy Bitcoin during the last recession are rich and secure now because of it. They thank me for turning them onto it. Unfortunately for me, I followed conventional advice. I saved a cash emergency fund and only allocated ~20% of my investment budget to Bitcoin. The cash inflated away and I have orders of magnitude less Bitcoin than my friends.
- ddorian43 4y agoYou can do it now again if you're feeling risky...
- altdataseller 4y agoBitcoin hasn’t crashed at all. It’s still at similar prices it was early 2021. Let it go to under $5k then I will load up