Buy when other are fearful and sell when others are greedy. A pretty simple philosophy to follow to buy low and sell high and earn huge profits. However it's tough as hell to execute due to human emotion.
I learnt more about myself in the past months than in the last 2 years with regards to investing. Why? Thanks to Cryptocurrency. The Crypto world is like the condensed and accelerated version of the stock market. You get your bull and bear run in a matter of months instead of years and you get to go through huge fluctuation in prices in a matters of days.
Do you have the resolves to hold to an investment that you think is fundamentally good when it’s price drop by 50%? Will you buy more of it when it’s price plunges? Do you sell after a bull run? With the huge volatility in the crypto ......