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RE: Oversold Extremes - Part 2

in #steem7 years ago

On this note

If selling into strength and buying weakness is good, then I’m doing very well right now. Sell when everyone is euphoric and talking riches, and buy when everyone is desperate and talking losses. Buy low and sell high. Okay, I’ve followed the rules

I absolutely agree with you, in life there are times and seasons, a time to sow and a time to reap and i know for sure that the cryptocurrency market is currently in a season, It is in a season where every investor has to decide what to do with their investment, some investors will panic and then sell to the downside of the market while the real investors will buy from the timid ones, while seeing this time as the season to sow. This is what i think you mean when you talk about wealth transfer in your previous post
Thanks