BUT if considering that we’re still significantly ahead over the longer time frame - and still have had a fair share of blessings along the ride - well, it doesn’t seem to come across as all that bad anymore.
Yep you're right about that, and this is what keeps me going, I came here with nothing, even though I have bought some Steem at some time, it is not up to what my wallet says now, what about the relationships made,...blessings, I choose this perspective.
I’m no financial advisor and can’t advise anyone on what would be appropriate for their personal strategies.
And certainly, based on my own errors in investment management this year, I’d say it’d be pretty stupid for anyone to act upon my opinion even if I were to give it freely.
“Should” is a slippery slope. To state with integrity, maturity, and responsibility what any other person “should” do requires a thorough understanding of their position and goals - a complete picture which very few have the senses and abilities to acquire. Yet, many go about slinging opinions without custom-tailoring their advice as false prophets and experts who are actually very detached from the realities those opening to their advice are living. And thus, seeking external validation for what we “should” do, becoming a delegation of authority over our lives to those who aren’t equipped to actually offer sound counsel.
I think it'd dip further before a correction. Anyone buying now should be ready for a long term. By long term, at least a year. Seeing the era that stocks crashed during the 2000-2002, most stocks lost like 99% of their value.
We may be witnessing something of that nature at the moment.
It took some time before some of those stocks rallies to up to 1000% of their all time high value. This is just my personal opinion as I'm in no way a financial adviser :D
If utilizing technical analysis and Elliot Waves, it could have seemed we had reached a bottom these last few months. But now that it broke further down, more likely we’re in the C wave of a correction rather than having fully completed the correction...
This is a good time to buy, but we are also in bad days and it has been many days now, so it really worries, we hope and soon there is a recovery we are going through a bad time
Yep you're right about that, and this is what keeps me going, I came here with nothing, even though I have bought some Steem at some time, it is not up to what my wallet says now, what about the relationships made,...blessings, I choose this perspective.
True that.
Do you think we should be buying now though??
I’m no financial advisor and can’t advise anyone on what would be appropriate for their personal strategies.
And certainly, based on my own errors in investment management this year, I’d say it’d be pretty stupid for anyone to act upon my opinion even if I were to give it freely.
“Should” is a slippery slope. To state with integrity, maturity, and responsibility what any other person “should” do requires a thorough understanding of their position and goals - a complete picture which very few have the senses and abilities to acquire. Yet, many go about slinging opinions without custom-tailoring their advice as false prophets and experts who are actually very detached from the realities those opening to their advice are living. And thus, seeking external validation for what we “should” do, becoming a delegation of authority over our lives to those who aren’t equipped to actually offer sound counsel.
I think it'd dip further before a correction. Anyone buying now should be ready for a long term. By long term, at least a year. Seeing the era that stocks crashed during the 2000-2002, most stocks lost like 99% of their value.
We may be witnessing something of that nature at the moment.
It took some time before some of those stocks rallies to up to 1000% of their all time high value. This is just my personal opinion as I'm in no way a financial adviser :D
I know it gets truly dark just before the dawn.
Quite probably.
If utilizing technical analysis and Elliot Waves, it could have seemed we had reached a bottom these last few months. But now that it broke further down, more likely we’re in the C wave of a correction rather than having fully completed the correction...
This is a good time to buy, but we are also in bad days and it has been many days now, so it really worries, we hope and soon there is a recovery we are going through a bad time
Say's it all.
Sir, we have a very bad time. We have already stashed our money and now there is no scope for investing any more.