100% this. Ranked in order, it would be: #3, #2, #1, and #4. - #3 is king. If you have a track record, trust comes quickly. - #2 is probably how 80% of invest

100% this. Ranked in order, it would be: #3, #2, #1, and #4. - #3 is king. If you have a track record, trust comes quickly. - #2 is probably how 80% of investors invest. - #1 is when an investor takes a bet on an unproven entity (i.e. precursor to #3) - #4 is a bad investor, most likely a lemming. do not give them any power. they are dumb money with an investment strategy of "playing with the house"