Give me one reason you're not selling everything right now.
>>62258700this time is different
>>62258700because inflation will rape my cash, thank you for your attention to this matter!
Because even if I had bought the pico top of the dot com bubble, i'd still have done a 5x in the 25 years since then. That's not too bad, plus I'll be DCA'ing through the entire bear market
>>62258700I literally can't sell because the cex that my coins are on is banned in my country. I missed the deadline to withdraw.
Too much of a pussy in case I got spooked out my investments and the market carries on going up and I get left behind.
>>62258700isn't this indicator massively up because of companies like nvidia? How would i be affected as an investor who only buys recovery trades, companies massively down already with very attractive price to book or price to earnings?
>>62258700Because I have already sold everything
>>62258746kek
>>62258700I sold my eth trading stack, wwiting for 1500 and below.
>>62258700Imagine you owned a piece of barren land, then one day you see oil seeping through the ground.What would the value of your land now be? You don't have any more information than you can see oil coming out of the ground.Despite the uncertainty, then it would be fair to assume that your land is likely worth a whole lot more..You are now richer than you were before you found the oil puddle, despite you haven't sold any oil. Your land skyrocketed in value, despite no one knowing the extend there is oil bellow (it could go back to being worthless again, if the oil deposit is shallow or inaccessible).Obviously, the shrewd business men of /biz/, would look up the P/E of your little land owning business and see a spike in price with no increase in earnings, and sell on the spot.You could even do some graph, plot your land value over time (roughly tracking inflation), and see your land has doubled in value almost over night, a hockey stick graph...and the ingenious businessmen would sell on the spot, after all we are dealing with unknowns and valuations being made based on these unknowns. The only known fact we have is that this is barren wasteland, with a puddle of oil on it! That's the intelligent investor at work, that's the spirit lads..
>>62258740Kek, same, I closed goybase because of this and now we're bagholders forever.>Can't cash out meme was real all along
>>62258740You can’t leave the country for like a day to log in and sell? Or just have someone else do it for you?
We have time until 2030-ish. The roaring 20s are far from over, anon.
>>62258746There's so much more money in the system nowadays this is probably conservative
>>62258700Rules have changed, unc.Two words for you: A I
