At least for stocks i don't think this is valid.
The great index funds have more all-time-highs then not, for bitcoin this has also partly been true i guess.
Still i am wary of crypto investments, easy to get burned.
The great index funds have more all-time-highs then not, for bitcoin this has also partly been true i guess.
Still i am wary of crypto investments, easy to get burned.
> Still i am wary of crypto investments, easy to get burned.
So, since I stayed away from the late Bitcoin mania up to >$60K (and DOGE) and warned others, I am downvoted?
This is why people get burned because they don't understand these 'investments' and join in when it is late, or when Elon Musk and Tesla start a pump and dump scheme and baghodl at all time highs, which is what I am talking about.
I am now congratulating the BTC short-sellers who took advantage of the sea of red in the cryptocurrency markets just 12 days ago. [0]
https://awealthofcommonsense.com/2020/12/investing-in-stocks...
https://awealthofcommonsense.com/2017/03/all-time-highs-are-...
https://awealthofcommonsense.com/2016/11/dont-be-afraid-of-a...