alt Hacker NewsThe first thing one has to do when analysing past money decisions is to judge the decision based on the information available at the time.
I too watched from the sidelines as btc, nvda and others went to the moon. But with the information available at the time, investing in those was not a sound strategy.
Replies
cs02rm0 • today at 9:19 AM
Survivor bias again - these are the few that made it while many others did not.
b0bbi • today at 8:54 AM
It's true.
In my experience, you'll be able to evaluate the correctness of your actions today in about five years, when you have more data and results.
hsbauauvhabzb • today at 8:45 AM
There are plenty of people that thought WeWork would go to the moon, too.
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Even if I would've bought Nvidia, Bitcoin, or whatever stock... who is to say I would've had the balls to hold it all the way to whatever they're at today. I probably would've ended up like the guy who spent 10,000 bitcoin on a pizza.