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65 sats \ 2 replies \ @Undisciplined 8 Apr \ on: When to Buy the Dip (Financial Times, Robert Armstrong) econ
If my dad is saying now is the time to get into the market, you can bet there's more carnage on the horizon.
I scoffed at him...followed by awkward silence because I didn't want to get into a whole bitcoin conversation.
We'll see. My running thesis is that people always overreact to Trump, so I was betting that this crisis will be short lived.
But who knows, it could get a lot uglier.
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Yes, people overreact to Trump and the severity of the crash may have been unwarranted. However, coming out of a correction, it's not easy to know what will rebound well.
Of course, what I was thinking about was just how much more prudent saving in bitcoin is than amateur investing.
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