Does “Buying the Dip” Work For Bitcoin?
We’ve covered that “buying the dip” is a sub-optimal strategy for purchasing stocks. But would it work for Bitcoin?
We’ve covered that “buying the dip” is a sub-optimal strategy for purchasing stocks. But would it work for Bitcoin?
Manias and bubbles share the same traits, and it’s because they’re caused by the same flaw: our human brains
Like birds chirping at the rising sun, investors tweet “buy the dip!” at the first hint of the stock market dropping. While it makes sense at first blush, this is a losing investing strategy. Let’s discuss why.
One of the core tenets of financial literacy is keeping a tidy budget. But a common question in creating a budget is how many budget categories are required?
Rebalancing your portfolio decreases your portfolio risk *and* often increases your long-term returns
Rules. Should we make them absolute (like a Sith lord)?!? Or do we allow for exceptions, even against people’s best interests.