/biz/ - Business & Finance

I bought the dip at $40k, $35k, $30k, $25k, $20k.......this isn't going well for me so far, everyone was fearful, fear and greed index was all the way in fear, even at $40,000 the fear was at like 5.

So im going to say that buying fear is actually just bullshit.

He was talking about valuable assets, not magic internet beans

>>49945824
kino

>>49945749
>be needful when others are redeemy

>>49945749
>Be Sneedy when others are Chucky.

>>49945749
Only works when you have a cash pile to deploy when the market is down, or you DCA a considerable amount while the market is down.
If you lose your job during a recession, you're fucked.

>>49945749
*ssiiiipp*
yup

BUY LOW SELL HIGH

T. Guy who had it on easy mode. He'd probably be nothing if born to a average family in current year

This applies to the stock market, because buying low means you're buying companies at a discount to the inevitable gain in the future.

>>49945749
>be pee pee when others are poo poo.

>>49946476
You don't?

>>49945749
so many greedy people at 20k..

this advice only works over the long term so it won't help the 3-day shitcoin flipping crowd

>>49945749
>Hasn't failed yet.
I am fearful of ebola-spiked Tiramisu

>>49949890
this

>>49945824
The market can remain fearful longer than you can avoid liquidations.
kek

Be an old clapped out coca-cola addicted happymeal destroying kook while others are sneedy

>>49945824
>Be greedy when others are fearful.
good job anon, you got that part down really good.

>be fearful when others are greedy
should somebody tell him?

>>49945749
This is probably the greatest quote in finance. I wish i could abide to it at all times, but even during fear and panic i find myself in fear as well.

>>49945960
Be sneedy when others are chuckful, be chuckful when others are sneedy. Simple as.

>>49951761
>Me rite nao

I'm buying these commodities dips if that's what you mean.

>>49945749
Thats exactly what i did. Invested all my money in MATIC when everybody was scared shitless and look at how its pumping now

>>49945824
in the end it will all make sense

>>49945749
People saying how hard they're gonna stack when it hits 12k isn't them being fearful it's them being greedy. So I need to be fearful of the price going up without me or what?

>>49945749
At this point, I'm more concerned with protecting my funds and preserving my bags. My RFOX and RAILS bags have been staked away for passive income as I'm bullish on them in the long term. I will start buying when the market begins to show signs of strength.

>>49945749
>>49945960

>>49945824
Yep, it's a fucking meme to fuck even more people

>>49945749
Normies are not fearful yet, everyone and their dog is still invested in crypto and the markets and thinks they will be a millionaire. We still have so much further to crash to shake them out it is unreal. There will be tons of coping, seething and suicide in the days to come

>>49945824
this OP is a fag, investor sentiment was lowest in decades since january. warren is a boomer and relied his anecdotes dont work when actual data is used

>>49945824
True fear was never realized in the 30k range since we held up for many months as support there, and then followed up with another huge run to a new ATH. People suspected that 30k was "unbreakable" and we'd simply make a run up to 100k+ from there. The wick down below our previous ATH to 17k wasn't something that most people expected either and a lot of people got shaken. Also that was some of the biggest volume we've had in a year. Even though bears are going to call for ridiculous lows, I believe we've reached a fair bottom at this point.

>>49945824
Warren said ''be greedy when others are fearful'', not ''buy a worthless ponzi while it's collapsing''

>>49945749
>be feedy when others are sneedful

>>49957626
>be chuck when others are fucked

>>49945749
he also said crypto is pure garbage

>>49945749
https://www.youtube.com/watch?v=YEtFEBTJVdU
"Weirdest economy we've ever seen"
Yeah be greedy guys

>>49945749
I did, I’m greedy when Warren Buffet is fearful and fearful when he gets greedy. So far, I’ve lost everything.

>>49957609

>>49957925
>if they get more people they could probably employ people

>>49945749
The real winner is "Do the opposite of what /biz/ tells you" including this post.

>>49945824
Imma just keep my crypto, oil shares and silver.
Thank you, but please, sirs, sell everything and stay out of the market..
Less paper bitches the better I say.

>>49945834
Lol