Just saw this article about how dead investors seem to do better than the living. Makes sense tho, when you panic and react, it usually just makes things worse.
Why Dead Investors Seem to Perform Better
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c1pher_5takeMember
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#2Jan 1, 2019, 10:59 PM
Totally agree. Patience is key. With Bitcoin, if you're not willing to wait, you’re in for a rough ride. Buying the dips and just chilling till the next bull run is the real play.
I changed my game with DCA, now I set aside a chunk of cash for investing every month. 20% goes to Bitcoin while keeping some for emergencies. It really works!
yield_2017Senior Member
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#4Jan 2, 2019, 08:45 AM
Lol, yeah, but what about the dead investors? Their families can’t even access the wallets. If they knew about the Bitcoin, it’d just lead to regrets.
Exactly! Dead investors don’t panic, which is why their investments seem to shine. But who wants to die just to invest like that? We gotta hold on through the chaos.
falcon2014Senior Member
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#6Jan 2, 2019, 09:25 AM
If they could, I’m sure the deceased investors would be checking their portfolios every day. Patience is everything for newbies too, gotta keep that in mind!
Can we find a less morbid way to say this? I thought we were talking about investments, not a funeral! It’s just about being calm in the storm.
chris.viperMember
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#8Jan 5, 2019, 01:13 PM
I know right! I’ve heard crazy stories of people forgetting their Bitcoin and finding it later. Panic makes people sell at the wrong time.
AtomicShardNewbie
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#9Jan 5, 2019, 01:23 PM
It’s easy to say forget your investments, but not everyone can just block it out. Bitcoin is practically on everyone’s mind 24/7.
falcon_2020Member
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#10Jan 5, 2019, 05:42 PM
Totally, it’s not like you can ignore it. If you’re always watching, you're gonna get too emotional. Best to just hold and not check every minute.
c1pher_viperFull Member
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#11Jan 5, 2019, 09:59 PM
Investing takes time, sometimes years. If we buy Bitcoin now, maybe we won’t see gains until the next big wave. Not everyone can wait that long.
For sure, less stress means better investments. But it’s tough when the market is volatile and you’re sitting on a hefty amount.
Yeah, hold and forget sounds good, but when the market’s rough, anxiety kicks in. It's not easy to keep faith.
stake_2017Newbie
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#14Jan 6, 2019, 05:36 AM
So the secret to being a great investor is to stay calm, huh? Is that really what we’re learning here?
kevin_atlasFull Member
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#15Jan 6, 2019, 07:23 AM
It’s true, people often sell their winners too soon and hold losers too long. I’ve made that mistake with stocks before.
fox_rock3tMember
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#16Jan 8, 2019, 10:18 AM
Investing is supposed to be enjoyable, too. You shouldn’t feel guilty for doing nothing sometimes, that could be your strategy!
Good point! The future is unpredictable. A plan is good, especially in the Bitcoin space where nothing is certain.
sigma_ninjaFull Member
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#18Jan 8, 2019, 02:17 PM
Is inflation also a factor? Housing prices now vs back then are wild to think about, and investment value changes too.
The people who held on through the dips are killing it now. Those who sold too early missed out on major profits.
Honestly, why is it so hard for so many? Even a dead person can just hold. Why can’t we?