3 ms·
Buying at all time highs after a parabolic move upwards is the wrong time to buy and hold, not because a loss is certain, but because it is probable.
by incrudible 4y ago
Buying at all time highs after a parabolic move upwards is the wrong time to buy and hold, not because a loss is certain, but because it is probable.
- px43 4y agoFor sure, going all in on anything when the price is within 5-10% of the all time high is just crazy. Maybe doing regular small buys to Dollar-Cost-Average your way in isn't so bad. Better than not holding anything of something you like, but the closer to ATH the buy is, the riskier it is.