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This Happens Every Crypto Cycle!👀
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Written from the stream's auto-generated captions.
- Come to the Deep Dive show Monday through Friday 8:30 p.m.
- If you only get interested when people >> >> and everyone else is excited, you're probably already late.
- That's why serious investors spend more time studying during quiet markets than celebrating during a loud one.
- The crowd usually becomes interested after the easy money has already been made >> >> and then they want to rush in.
Show transcript (2 sections, auto-generated captions, expect typos)
Have you ever noticed that people become the most excited about crypto after the [music] price has already went up and the most pessimistic after the prices have already fallen. Think about that, right? So, when prices are low, nobody wants to talk about it. When the prices are high, suddenly everybody is an expert and the opportunity didn't create the excitement. The price did. Howard Marks has spent years talking about how the biggest investing mistakes happen when people let the crowd influence their thinking. Have you ever done that? Crypto is really no different. It's a [music] market like any other. The crowd usually becomes interested after the easy money has already been made >> [music] >> and then they want to rush in. That's why serious investors spend more time studying during quiet markets than celebrating during a loud one. If
you only get interested when people >> [music] >> and everyone else is excited, you're probably already late. Raise your crypto IQ. Think long-term. Come to the Deep Dive show Monday through Friday 8:30 p.m. I'll see you there.
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