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Rationally, booking the loss and reentering at a lower point makes absolute sense. Psychologically it's tough because it is recognizing the (substantial) loss while holding is "not lost", just deferred gains (if and when). Will give it serious consideration!

I understand the pressure is getting to you, but remember, I'm on your side and have more to lose with BTC and MSTR dropping as it is. Yes, I'm in Singapore. We had enough of Trumpland and expatriated ourselves to the island state months before covid hit. If you re-read my post, I spoke of...

It's been 6 weeks since taking my 401k to cash. The plan was an all stocks, large caps, top performer among such managed investments anywhere and the barometer for my own trading. I was also planning to divest and stop trading at the end of this month but got greedy trying to squeeze a last...

It wouldn't be the first time that idealists create something without enough consideration for consequences. Since I have a few $ invested in crypto, I'm pondering the consequences of government creating their own crypto currency then banning BTC. Thanks to the idealists who provided the...

Do you even read your nonsense?

This question goes to the experts, aren't you concerned that national and European digital currencies will simply displace BTC? It seems to me a pretty easy decision for them to make.

Agreed, but these companies were created a few years before Asia began to stem the brain drain of its brightest by building and financing their own STEM research universities. That so many Indian CEOs are leading our most famous tech companies speaks volumes of their extraordinary achievements...

Lol I know you want me to be Chinese, even though I'm not. The pressure to get high scores at the national exam is similar for all countries that have national exams. It's more intense in North Asia (including Singapore) because top universities opens more opportunities and a way out of...

You mean like piano or violin? Check and check, every Chinese kid I know, whichever generation, plays one of those instruments remarkably well. See, homogeneity leads to conformity and all North Asians I know (Chinese, Korean and Japanese) are conformist, with younger Japanese a bit more...

National examination you say? Scary thought to ensure everyone is tested on equal basis. Come to think of it, they don't just do it in China but in most European countries as well. I know you're not US born and raised so you probably know that.

Inherited?o_O

Doesn't matter, results are in and vaccines work.

I didn't mean to belittle your educational achievements and I'm sorry if I did. The point I was making is if your country or business is pushing to build advanced rockets, quantum computing, help Tesla build its AI, and fill hundreds of leading research in sciences you will need a PhD or 2 to...

I have several very successful Australian born Chinese friends whose kids I saw growing up and who undoubtedly will become leaders based on their work ethics, family support and relationships. These are all 2nd generation whose parents came from China no better off than any migrants fleeing...

What do these companies have in common? Google, IBM, Microsoft, Twitter, Micron, Nokia, Mastercard, Adobe, and many others They're all headed by India born CEOs who graduated with STEM degrees in India before coming to the US where they pursued Management degrees and went on to become leaders.

I was careful to emphasize that it's not about being Asian but about hard work and determination, and these North Asian cultures are driven. I also pointed out that I'm not convinced theirs is the best way to live (Korean kid suicides are the highest in the world) but simply stating the facts...

That's exactly the thinking leading to the US downfall.

To lead in STEM you need PhDs in those studies, something that Asian nations produce in far larger numbers than the US. You're countering my point that the brightest stay home by naming Xi's daughter who studied at Harvard and received a Bachelor’s degree in Psychology... if you can't see that...

In fact, it's become so bad in the US that top universities are modifying their entry requirements to diversify away from US born Asian students who have been outscoring most everyone not Asian. The UC system, for example, used to replace names with numbers to avoid discriminatory biases...

We're not talking about the same things. First, I'm talking about all of Asia, from India, to Southeast Asia and North Asia, not "just" China. If you are born and educated in a country and gone through the rigorous standards that they have gone through and reached the pinacle of recognition...