Because crypto tech is so complex and takes effort to understand, the narrative is looked at more closely than the numbers. This results in more speculation, less informed investing.
@AswathDamodaran
✔️Aim to learn something new every week about managing #money
👀Watch the magic of compounding happen!
☺️Both, your understanding and decisions will improve
Dear investors,
1. Buy an ETF and sit on it. This is the best thing most folks can do.
2. Picking stocks is hard and even "experts" get it wrong.
3. Eg. Invest 90%, trade 10%.
90% safe, 10% YOLO.
Dear fellow investors,
1. #FOMO and #Regret are experienced by all.
2. A notional loss is better than an actual one.
3. Opportunities will come around again.
Don't ask me why you should buy or sell something. Then you wouldn't know when to close the position.
Conviction cannot be borrowed.
And clarity cannot be gifted.
#investing#trading