I don’t know about you, but this crash reminds me a lot of the one in May. I didn’t sell in May, I’m sure as hell not selling now.
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Not financial advice If you take a look at a graph for the last year, you can see that the crash that we're currently experiencing looks almost exactly like the one in may, albeit at slightly higher prices. This might just be my sunk cost fallacy speaking, but I didn't sell in may, and I'm sure as hell not selling now. Selling the falling knife is just too risky of a proposition. I'm going to chill out, and wait for things to recover, whether that takes 5 months or 5 years. What are your plans for this "bear market"? Are you selling to buy back in cheaper? submitted by /u/roberthonker |
