Quote from: The Pharmacist on April 19, 2019, 04:56:00 PM

Quote from: Ailmand on April 19, 2019, 09:21:47 AM

The problem with people who are investing out of hype is that, they are not really aware what caused the hype.

Of course they're not. They see asset X making the news by skyrocketing in price, hear about it over and over in the media and finally decide to gamble on asset X. In 2017, asset X was bitcoin. All throughout history, it's been other assets/investments/whatever. After all the little people have flooded into the market, any bad news can kick off a decline leading to panic selling. Once that happens, asset X crashes back down to earth.

I didn't jump on the bandwagon in 2013 when bitcoin was booming. I was very skeptical and thought it was some stupid internet money that would never find a user base. I watched with detached amusement as the Mt. Gox debacle unfolded and bitcoin crashed. But I also saw that the community was strong and was composed of hardcore enthusiasts, and eventually I started believing bitcoin could be an excellent investment.

Right now I'm looking into staking PoS coins, which currently aren't being hyped to death, and some of them are trading at fairly low prices. I think now is a good time to get in, when everyone isn't pouring money into them and driving up the prices. By the way, that's called buying low and hopefully selling high. Heh heh.

You missed out that golden opportunity eh? Hehe. Being anxious or skeptical on your decisions to the things on what you are engaging cant really be avoided.We do have our own will to judge things up and presuming that we might able to do a bad move and completely waste up our money.When it regards to PoS coins,I've been eying that too and you are right they arent being hyped nor being dumped to death.
Still keeping low and sideways.When the entire market tends to bloat again then we might see some possible profits if these things would react.