Is Bitcoin dead? - and why do we always buy high and sell low?

The Holy Grail of investors is to buy low and sell high, but few ever succeed in doing that. Most investors buy high and sell low. Why is that? If everyone understands the goal, why do they do the opposite?

The answer lies in human nature. We have a herd instinct. We tend to feel safer when we are doing what everyone else is doing. When it seems that everyone is buying a certain investment – whether it’s real estate, stocks, precious metals, or cryptocurrencies – we feel an impulse to do likewise. If everyone is buying, it’s got to be a great investment, right? Conversely, if everyone is selling, you would be a fool to be a buyer!

This photo was taken recently at a Bitcoin-mining facility in China where hundreds of expensive computers dedicated to 'mining' Bitcoin were dumped as trash because productivity and prices have dropped.

Most of us are not motivated until prices are rapidly rising. By then, however, the market already may be teetering on the edge of a downward correction – as it has done in the past few months. When we see prices falling – as they always do in volatile markets – we feel a herd panic to sell quickly before prices drop even further.

In other words, the reason most investors do not buy low and sell high is not that they have no opportunity to do so. It’s because, for psychological reasons, they choose not to do so.

They make this choice because they have little or no understanding of the markets in which they are investing, they have not taken the time to analyze the forces within those markets, and so they have nothing to guide them except to follow the herd.

In order to buy low and sell high, we must be either incredibly lucky – which is not a very good investment strategy – or sufficiently informed about the strengths and weaknesses of our investments to know when to be contrarian and move in the opposite direction of the herd.

Our upcoming event, Money and Cryptocurrency; the Good, the Bad, and the Ugly, will introduce you to world-class experts who will help you acquire that kind of information. While most people will be driven by panic and fear, successful investors will be looking for those moments to move against the herd. It is impossible to ever buy low and sell high unless you are capable of moving against popular wisdom.

Is Bitcoin dead? Is the present bear market in cryptocurrencies reason to lose interest in them? Or is this the moment you have been waiting for?

I cannot think of a better way to discover the answer to that question than by attending this event. In terms of your future financial well being, this weekend could be the most important investment of time you will ever make.


The event will be held on December 8-9 in Paso Robles, California. Click below for more information:
 
 
G. Edward Griffin        


 

Views: 171

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Jeff is now a member of 12160 Social Network
12 hours ago
Doc Vega posted blog posts
Friday
tjdavis posted a video

How Corporations Are Secretly Poisoning Our Food Supply

Dupont and 3M have been secretly poisoning America for decades. PFAs — also known as forever chemicals—are now in our food, water, clothes, and our blood. Th...
Friday
Doc Vega posted a blog post

They Won’t Stop

 The demonically driven left will not stop. Makes no difference how much violence they call for or…See More
Wednesday
Doc Vega posted a blog post

What US Scientist unwittingly helped the Nazis devise the V-2 Missile?

  In the early 1920’s and leading up to World War II German technology outpaces the peace time…See More
Oct 20
tjdavis favorited Sandy's video
Oct 19
tjdavis posted a photo
Oct 19
Christopher Walker is now a member of 12160 Social Network
Oct 19
tjdavis posted videos
Oct 19
Burbia commented on tjdavis's photo
Thumbnail

Reflection

"Let's see if this goes past indictment."
Oct 18
Doc Vega commented on Doc Vega's blog post Something Watches From Out there in the Wilderness
"cheeki kea That's very interesting history. So many things about history that go ignored or…"
Oct 18
Burbia commented on Burbia's video
Oct 18
Burbia posted a video

Programmed To Kill/Satanic Cover-Up Part 433 (The Charlie Kirk Conspiracy Show)

https://www.programmedtokill.net/projects---- DISCLAIMER! ----Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair u...
Oct 18
cheeki kea commented on cheeki kea's photo
Thumbnail

American werewolf- 2018

"Yip I've looked again and this is what the creature looks like, even has stripes just like…"
Oct 18
cheeki kea commented on cheeki kea's photo
Thumbnail

American werewolf- 2018

"The mystery continues I guess. ( reminds me of something out of the under world )"
Oct 18
cheeki kea posted a photo
Oct 18
cheeki kea commented on Doc Vega's blog post Something Watches From Out there in the Wilderness
"Another fine story Doc V. I think it's Dogman the werewolf out there roaming around in high…"
Oct 18
Doc Vega posted blog posts
Oct 18
Doc Vega commented on Doc Vega's blog post What Four UFO Whistle Blowers All Suffered in Common?
"Less Prone Thanks for you comment Buddy! Dabbling in government kept secrets can cost you dearly. I…"
Oct 18
Burbia posted a blog post

Sebastion Piñera and 5G

 Sebastion Piñera “The start of the bidding process for the 5G network. Let’s listen to the threats…See More
Oct 18

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted