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RE: Speculation Rule: buy when others are IRRATIONALLY pessimistic/cautious
But I am also writing about the fear and emotional excuses that languish after the low has been reached (in this case which was $150 for Bitcoin).
Also readers would learn even more by clicking the links I have provided.
The Bitfinex hack overreaction was another buying opportunity.
See any similarity with the above chart and the typical one for new investments: