I always feel that investing is like taking a stance on a particular idea. Either you believe in the thesis or not. There is no in between. It is either you are right or the market is right.
There is no standing on fence and hope that things would work out better or decide after you have bought the stock. In fact, I find it pure mental agony.
Which is why I have avoided cryptocurrency. There are hardcore cryptocurrency believers and then there are those who are against it, and then there are those in between who just want a piece of the action.
Right now it is impossible to avoid the noise. Mainstream news is constantly informing us how bitcoin has reached another new high (hack – I can’t even watch Youtube videos without seeing an Ad about Bitcoin).
The Winklevoss twins are now Bitcoin billionaires (read here)