3 ms·
If everyone agreed we haven't yet hit bottom, we wouldn't be having this conversation. You just argued that we've hit bottom because everyone agrees we haven't
by nostrademons 4y ago
If everyone agreed we haven't yet hit bottom, we wouldn't be having this conversation. You just argued that we've hit bottom because everyone agrees we haven't yet hit bottom.
It's like how on the cryptocurrency subs everyone's always debating whether we're in crypto-winter yet. Having been through 3 crypto boom/bust cycles, we aren't in crypto-winter, because people stop posting on r/cryptocurrency when it's real crypto-winter. It's the same with other markets: it's not about sentiment, it's about abandonment. When we're in a real bear market, everybody forgets about their stock portfolios and gets a real job because they need the money to survive.