Buying the Dips

If we can go too high in terms of euphoria, we can reach too low in terms of depression. And that's really when you want to have money and confidence. People come to me, they're like, all i nee to buy this. This thing just went crazy. It's four thousand dollars now. I would usually just say, wait till there's a forty or 50 % drop before you buy. But most people didn't actually listen to me until it went to 20 k,. And then they finally bought at ten k. By that time they've then allocated their capital too early, right? Cause they're like half way or a third of the way int like the