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?
Should you be hand-picking stocks? Timing the market? Or taking the “lazy portfolio” way out?
Investing and Retirement are complicated and consequential topics. The articles below address these complex ideas.
I hope you enjoy them! And let me know what other questions you’d like me to dig into.
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.
Rebalancing your portfolio decreases your portfolio risk *and* often increases your long-term returns
Your FI number—or financial independence number—details how much money you need to successfully retire. Or under the right circumstances, how much money you need to retire early.
Take your gold-plated jewelry to the pawn shop, and dump your portfolio into silver dollars. You don’t want to miss this opportunity.