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Your simple theory can also be applied to stocks. Easy! I'm guessing you must be a multimillionaire by now. Strange that nobody else came up with this simple so
by koonsolo 4y ago
Your simple theory can also be applied to stocks. Easy! I'm guessing you must be a multimillionaire by now. Strange that nobody else came up with this simple solution: buy low, sell high. Incredible!
And here I am, an idiot investing in index funds and HODLing crypto. What a fool I am!
Edit: Sorry for my dumb question, but is it buy or sell right now? And at what price point to I need to sell or buy in again? Thanks for the advice! I'm going to be a multimillionaire soon.
- endisneigh 4y agoI am a actually. Index funds are effectively doing just that are losers are dropped and winners are added :). If you bought a long time ago and are profiting a lot I’d sell, good luck.
- koonsolo 4y agoTo be fair I was selling small portions when it was at the previous peaks :).