Message from @spicy sauce
Discord ID: 799160047363031070
Buy it when its doing nothing for several years like it did from 2018-2020
Thats accumulation phase
blanco be like:
>buy high sell low
No
Buying now would be buying high
didnt it just drop again
It is my bday in 8 days.
I understand why i had these days
When everyone is talking about it, thats when you know its oversaturated
It went back up some
I was dreaming that i was investing... Bad ides
Like in 2019 and most of 2020, nobody was talking about crypto
But that was the time to be stocking up
Fuck me.... The cocksucker that introduced me to discord, told me to invest when bitcoin was only at 2k.
Are u sure it was 2k
Yes
I remember it
Last time it was 2k was mid 2017
Yes
He introduced me to discord... And then a couple years later he talks to me about bitcoin
You should’ve bought drugs on silk road in 2012 when bitcoin was a few bucks
No one expected bitcoin to take off
There are definitely tons of drug addicts who bought drugs online in 2012 with bitcoin and then forgot they had it
Lemme see if I can video his video
And got rich by accident
The cocksucker told me to invest rifgt before the famous take-off when it hit 10K
I remember talking to my buddies boy about it
There will be more opportunities to invest
It’ll probably crash again, but to higher lows
It just takes a lot of balls to invest in something that sits still for several years
the real winners are those who bought AMD stock tbh.
It was at 2 dollars/share, now its almost 100 USD
50x gain? Ill take it
Yeah there are always new opportunities to make massive gains
Its like finding a needle in a haystack though
No way to know what rocket is about to take off
I am gonna start getting into value investing though, rather than investing in trends
Valuate companies and see if they are underpriced or not
That is one way to invest without it being similar to gambling
You make a list of good stocks that you wanna buy, calculate margin of safety and then just have patience
I wanna get better at valuing businesses