I can't believe a professional financier would buy at the emptiest peak of all time and then sell when it's in the toilet. There's now enough track record to at least get a little taste of what might happen in either direction.
A friend of a friend reportedly lost his mind after betting something like £300,000 with similar timing. When they told me I just said 'wut? Why not wait?'. I think everyone should have a complete market cycle uploaded into their mind a la the Matrix before making their first buy.
A friend of a friend reportedly lost his mind after betting something like £300,000 with similar timing. When they told me I just said 'wut? Why not wait?'. I think everyone should have a complete market cycle uploaded into their mind a la the Matrix before making their first buy.
i'm sure glad they don't! these people put food on my table. the existence of impatient, greedy, and fearful investors is the reason why the rest of us can profit from trading the markets and also accumulate cheap for the next cycle.
someone's gotta sell the bottom!
(although apparently he sold out in early 2018 long before the crash to $3ks. he must have had a massive position)
