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Started By
Message
re: Starting to Feel like a Bubble
Posted on 8/5/24 at 12:37 pm to oneg8rh8r
Posted on 8/5/24 at 12:37 pm to oneg8rh8r
quote:
Experience: the shite you get when you get what you don't want. Unfortunately, I earned mine a long time ago. And now you can buy at a heavy discount when you think the timing is right. The other tidbit is don't try and catch a falling knife, that usually never works out well.
Keep us posted when you get back in.
By the way, the S&P 500 is down 4.5% since your post while BTC is down 18%. Good job selling stocks and not BTC, I guess?
Posted on 8/5/24 at 12:40 pm to oneg8rh8r
quote:OUCH!!
The only thing I kept where it was and adding to is my BTC.
Posted on 8/5/24 at 1:11 pm to FizzyPop
quote:
Starting to Feel like a Bubble
quote:
FizzyPop
Name checks out
Posted on 8/5/24 at 1:35 pm to oneg8rh8r
quote:ouch
I moved out of EVERYTHING, all securities, yesterday. The only thing I kept where it was and adding to is my BTC.
Posted on 8/5/24 at 5:22 pm to FizzyPop
Seems more like a rock and a hard place with the rock being massive borrowing, spending and printing money and the hard place being the Fed trying to control the resulting inflation by raising interest rates.
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