Baron's Crypto Trading Journal

MacBookProHo said:
I'm surprised someone like Baron would have gotten caught up in that Crypto/Bitcoin hype train wave. He has seen the Dot Com hype train already, and the Housing hype train, and every other smaller hype trains in between.

I thought there were only two kinds of people involved in that greater fool, pyramid, scheme: the big guys on top who created it and have a huge stake in it, and the ton of little naive, ignorant, people below who are pushing it up to the moon who have a blind eye to FOMO.
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He didn't get caught up in it.

He is in it for the long haul.

Naysayers always notice the drop, but not the pop.
 
If the definition of bullmarket is cryptos down from ATH 60-70%... I think it is associated with another animal. Chicken? Rabbit? Maybe mouse? I can't remember...
 
SunTrader said:
He didn't get caught up in it.

He is in it for the long haul.

Naysayers always notice the drop, but not the pop.
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Why the long haul? Never understood that one. Dead money while you wait for a greater fool to be convinced it will go to the moon.
 
deaddog said:
Why the long haul? Never understood that one. Dead money while you wait for a greater fool to be convinced it will go to the moon.
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Not like it has never gone to the moon before - $65k.

Anyway not me. I only hold till the close, or close to it and only futures.
 
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