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

Manage FOMO, Understand Fear and Greed, Embrace Uncertainty

Chris Lettieri

Mar 05, 2024

Transcript

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.

0 Comments

Bits of Chris Show

The Bits of Chris show is all about big ideas for ambitious engineers. Where we learn from the past, invest in our futures, and find balance to enjoy the present.

Hosted by Chris Lettieri, a Staff Data Engineer, Augmented Learner, and former day trader, The Bits of Chris Show can help you grow your career, amplify your strengths, and adopt the latest technology to optimize your life and work.

Tune in for a wide range of guests from engineering directors & start up founders to educators & corporate jet pilots.

Topics often Covered:

💻 A Staff Engineers take on: Data Engineering, Deep learning, Soft Skills

🧠 Augmented Learning: AI systems in your second brain to learn faster

⚖️ 'Joyspan' Optimization: Balance success and fulfillment

📊 Life, Money, and other Advice from Experience as a Dad & Day Trader

Whether you're an engineer or a curious learner this show helps you find the balance between learning from the past, investing in the future, and enjoying the present.

Augment, Stay Human.

Listen on