Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.
Forum membership removes this block.
Only in hindsight will we know. However, if you are trying to time the market instead of DCA, it's recommended to buy heavily when there is "blood in the streets". This means to have a cash reserve until some major bad news occur, like a global pandemic, war or a financial crisis, and then only when prices have tanked 40-60% from the highs do you slowly start accumulating.
Thank you, for now I’ll focus on saving money then instead of investing. Since sadly enough I think we are close to some major bad news.
- Bybit Hack: $1.5 billion lost, sparking panic selling.
No matter what you do now, imo most likely if you succeed in cashing out this cycle top in Q4 this year and invest a year later in BTC and hold it for decades, you will be a quite wealthy man all your life.
a 5% of eth marketcap theft ( or 5 per mil of total crypto mc) most likely won`t cause a 10 or 20% dip.
This is a good approach. Most people don't think ahead and are too reactive. They don't place limit orders or have targets in mind. I know I don't most of the time.I'm convinced that tying market movements to the news is almost always a fool's errand. The media is even less trustworthy on market actions than they are on politics. Flooding your brain with irrelevant information and false causation claims doesn't help one make good decisions.
I placed some small buy limit orders yesterday, as we're approaching the buy target I was looking for since I sold back in November. The analysts I follow are strictly technical, and their predictions are based on price action alone.
News can be a catalyst that nudges the market into moving as it was already set up for. Like a couple in a bad relationship that finally breaks up after a fight that started over something petty. The "thing" isn't really why they broke up, it was just the straw that broke the camel's back.
.... But seriously... how does Michael Saylor handle all all these swings?
Big mistake. Gold has already risen 45%. You bought at the top.
It’s maybe top when you are looking at days or weeks.
The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.
The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.
