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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Richy_T
on 20/06/2022, 07:01:07 UTC
⭐ Merited by Torque (1)
Do you know how warren buffet like investors makes a hell lot of money? They buy small stocks or real estate when the market is declining and sell it when it's strong. The rule is this simple. Then they buy bigger stock or real estate. They start small and increase that same money through investment. They are billionaires not because they only keep buying stock and hold it. No one has an unlimited bucket of money. They are billionaires because they know how to reinvest.

Nah, they take a position and then pay politicians to make sure that position is profitable. The small-time investor is just grist for the mill. They'll pump your costs up with inflation then take your wealth when the bubble bursts. And on the rare occasion it looks like you might be stealing a march on them, they'll call up their friends and have them close down trading.