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In general, buy when there's blood in the streets, at the maximum point of pessimism. Sell at the maximum point of optimism when your grandma is trying to get i
by eloff 13y ago
In general, buy when there's blood in the streets, at the maximum point of pessimism. Sell at the maximum point of optimism when your grandma is trying to get in on the action. Applies to any investment. The trick is don't buy something that's about to go bankrupt or die, it needs to be a good investment still.
- gk1 13y ago> buy when there's blood in the streets Exactly what was running through my mind as I was just buying Bitcoins five minutes ago. Bought half now and will buy half tomorrow morning, in case it dips further after people wake up.