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By timing the market on a coin hype cycle?

• spaceman_2020 4y ago
  Pretty much - no “long term” passive investment in crypto. Its a casino, but one with extremely good odds for players if you time it right.
  • hgsgm 4y ago
  • HWR_14 4y ago
    As I understand it, either you're good at timing the market or you got lucky. If you got lucky, there's no reason to be so cocky. If you are good at timing the market why aren't you making a fortune on Wall Street? (Unless you are making a fortune on Wall Street)
    • spaceman_2020 4y ago
      There's no need to time the market when the market is flooded with cash. You didn't need to be smart or even lucky to make money on practically anything in late 2020-mid 2021. The trick is knowing when to get out. And for that, simply managing your greed is enough.
    • aaaaaaaaata 4y ago
      More moving parts on Wall St. More competition. Wall St "smart money" is still, comparatively speaking, clueless in cryptocurrency world.