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RE: Vlog 212: Long term investment advice.

in #life7 years ago

Yep, a small nibble while markets are still recovering from the drop is wise. There's still a chance that we could see a retest of support at $6k and markets remain somewhat fragile. That said, there have been some encouraging signs in alts early today that indicate risk appetite is returning. This could help push the entire market higher.

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I'm not convinced yet this is the bottom. But current prices are above my baseline atm so I can now just wait and see. It's pretty relaxing when you have a plan.

A plan is an immense help, especially if you're investing for the long-term. It helps with day trading to have a plan too, but I still find day trading to be nerve wracking.

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