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Sick market & wet fireworks show


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#1 Rogerdodger

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Posted 30 October 2023 - 11:30 AM

This is fun: Go to https://stockcharts....freecharts/rrg/

 

Click the ANIMATE BUTTON. Even the strongest sector is dying!

Rotation-SICK.jpg.



#2 pdx5

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    I want return OF my money more than return ON my money

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Posted 30 October 2023 - 11:57 AM

Bitcoin Gains Momentum Amid Tech Stock Volatility

Bitcoin Gains Momentum Amid Tech Stock Volatility By Investing.com

 

Crypto is the future! guru.gif purebs.gif opera.gif


Edited by pdx5, 30 October 2023 - 11:58 AM.

"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#3 Rogerdodger

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Posted 30 October 2023 - 01:57 PM

What is the PE on crypto?

Any Dividend payout or interest?

What are the tax advantages?

 

Are really just Mark Cuban trying to get your $900,000 back?

 

Or my grade school buddy trying to break even on his $65,000 bit coins?

Sunk Cost Trap:
This trap is about psychologically protecting your previous choices or decisions—(but not in reality) which is often disastrous. It is truly hard to take a loss and/or accept that you made the wrong choices or allowed someone else to make them for you.  It is a tendency for people to irrationally continue to follow through on an activity that is not worth completing. This is due to the time and/or money they have already invested.


Edited by Rogerdodger, 30 October 2023 - 02:17 PM.