It's perfectly natural as a human to have this feeling, what do the old wall st hacks say? The market can stay irrational longer than you can stay rational
It's been bumping along at 88K for years now or at least feels like it
The conviction must be tested! We can look back at the previous times it died, when it was at the 2017/8 high and it fell off a cliff, imagine fomo'ing all in to see it go to 3K
Those poor souls would have been feeling so fearful and angry that this thing they'd piled all their life savings into has collapsed
But if you'd told them it was going to a 125K they would've been selling all the chairs obviously
What you dont know you dont know
But i have to say, seeing that whale a few months ago, so you're telling me they bought like eighty grand's worth back in 2010 when it was like a buck each, and then they sold it all just before this all time high for nine billion dollars!
Hmm even I'm uncertain and doubtful on that one, the chances of them timing the market like that must be trillions to one
And it depends like that whale when you got in, if you bought like a thousand in 2013/4, you don't care if it goes to 30K now, because the value it provides you and your family is enough at 30K, if it goes to a Million that's just like winning the lottery multiple times territory
But a drop to 30K is fine, you can focus on the network, and denigrate anyone that keeps banging on about ngu, stop looking at the price man! Its all about the network
It's perfectly natural as a human to have this feeling, what do the old wall st hacks say? The market can stay irrational longer than you can stay rational
It's been bumping along at 88K for years now or at least feels like it
The conviction must be tested! We can look back at the previous times it died, when it was at the 2017/8 high and it fell off a cliff, imagine fomo'ing all in to see it go to 3K
Those poor souls would have been feeling so fearful and angry that this thing they'd piled all their life savings into has collapsed
But if you'd told them it was going to a 125K they would've been selling all the chairs obviously
What you dont know you dont know
But i have to say, seeing that whale a few months ago, so you're telling me they bought like eighty grand's worth back in 2010 when it was like a buck each, and then they sold it all just before this all time high for nine billion dollars!
Hmm even I'm uncertain and doubtful on that one, the chances of them timing the market like that must be trillions to one
And it depends like that whale when you got in, if you bought like a thousand in 2013/4, you don't care if it goes to 30K now, because the value it provides you and your family is enough at 30K, if it goes to a Million that's just like winning the lottery multiple times territory
But a drop to 30K is fine, you can focus on the network, and denigrate anyone that keeps banging on about ngu, stop looking at the price man! Its all about the network