Investing in digital currencies and blockchain related situations today is challenging, and at times nerve-racking. There is no fundamental value or instinct value. It is nearly impossible to verify the “impressive road-map” beautifully represented in stunning graphics, or the people behind it. When you can, do extensive research or due diligence before investing. Knowledge will give you better judgement to pick more winners than losers. And follow the “Buffet Rule.”
“A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful.” Warren Buffet.
Where To Get Greedy Now That Others Are Fearful
Forbes
FEB 4, 2014
Bryan Rich, Contributor
Warren Buffett wrote a famous op-ed piece in the New York Times in October 2008 in which he that said the following:
“A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors. To be sure, investors are right to be wary of highly leveraged entities or businesses in weak competitive positions. But fears regarding the long-term prosperity of the nation’s many sound companies make no sense. These businesses will indeed suffer earnings hiccups, as they always have. But most major companies will be setting new profit records 5, 10 and 20 years from now.”
Everyone should read this, because it shows you the mindset of a great investor and how great investors react when the stock market falls. Instead of running in fear, great investors welcome market corrections as opportunities to buy on the cheap.
Read more: https://www.forbes.com/sites/greatspeculations/2014/02/04/where-to-get-greedy-now-that-others-are-fearful/#98166c82d460
Excellent advice, Warren Buffet is an extremely rational and conservative investor, only willing to take chances when he knows the probability of gain is significantly greater than chances of loss. The proof that this simple, highly prudent method works is reflected in his net worth and the long term success of his company. Speaking of Berkshire Hathaway, the future DNotes VC platform will slightly resemble the basic business model they use, but with some revolutionary upgrades that will make that business model more viable for the ever growing digital economy.
Delighted to see you, Brandon. Despite a sharp correction, it has been a great week for DNotes. There are good indications that DNotes has been getting a noticeable increased level of interest from professional investors. Although DNotes is still significantly under-valued, it is good to see that all the hard work we put in over the last three years is beginning to payoff. We appreciate your continued support very much. Looking forward to seeing you again at the Smokeys Gardens' open house next month when tens of thousands of daylilies will be in full bloom.
I'm looking forward to it, the people at Smokeys are very friendly, and that many acres of flowers in bloom must be an impressive sight to see.