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#4 - How to Survive Market Bubbles in Crypto for the Average Investor
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#4 - How to Survive Market Bubbles in Crypto for the Average Investor

Manage FOMO, Understand Fear and Greed, Embrace Uncertainty

Key Points

  • Market bubbles happen often

  • Bubbles are only obvious with hindsight

  • Understand the fear vs greed when money is at risk

  • Accept the uncertainty and ignore the people offering you guarantees

  • Manage your FOMO by understand it’s triggers

  • Risk what you pay for returns in the market

  • Buy when everyone is fearful, and sell when everyone is greedy. -Warren Buffet


Disclaimer

This is not financial advice. I am not a financial professional. I do not know your personal situation to be able to offer advice. Before making any investment decision consider the risks involved and consult a financial professional.

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Bits of Chris
The Bits of Chris Show
Former day trader turned Staff Data Engineer. Talking about adapting to AI in tech, career growth for engineers, Time Rich Investing, and maximizing your Joyspan.