FUD is at an all time high!
Psychology of investing
Investing and trading stocks, commodities, bonds, funds, cryptocurrencies, futures... and whatsoever takes a special kind of skill to do it profitable. That specific skill has very much to do with psychology.
It is a proven fact, that people tend to buy any kind of instrument of value when the price is booming and people tend to sell them when their price is dropping.
Now if you read that last sentence again, it just does not make sense. Because if you are in it for the winnings you don't want to buy too high and to sell too low, if you want to make money of it.
Still it is wired in our brain, fear is a bad advisor, but it is very hard to resist that little voice of fear. It doesn't matter if it is "fear of missing out" or "fear of losing". The impact is the same, an bad trade.
Well people, one of the richest men in the world used to say: "Buy when there is blood on the streets!". He was one of the infamous founders of our current debt-based fiat system, Baron Rothschild. And he is right!
And you know what?, there is blood on the streets, right now!...
And please, don't follow the FUD, like this link below.
Sincerely,
Pele23