DOW 30000

[Wally]

Just saw an expert say looking at a 10% correction in next two to four weeks.

So what number is that?

 

[IVE GOTTA PACKAGE 4U]

If you have a good plan stick with it. A couple down weeks here and there shouldn't send you into a panic. If we get a real correction just ride it out, it always comes back eventually.

I wonder how many people wish I was sold Bitcoin 2 months ago???

 

[Jones]

I wonder how many people wish I was sold Bitcoin 2 months ago???

Not me, still holding.

 

[Old Man Jingles]

Just saw an expert say looking at a 10% correction in next two to four weeks.

Long overdue!

 

[IVE GOTTA PACKAGE 4U]

Not me, still holding.

Never hurts to take a little bit of profit.

 

[Jones]

Never hurts to take a little bit of profit.

I guess, if there's something you need/want the money for.

 

[IVE GOTTA PACKAGE 4U]

I guess, if there's something you need/want the money for.

To say for example two months ago you had two bitcoins. You sold one and then when a price dropped you bought two more now you would three.

Trust me I understand no risk no reward Go on the other hand if you get greedy you can get killed

 

[bbsam]

I took half of my money out at the end of January

Weren’t you the guy always buying when the market dropped?

 

[IVE GOTTA PACKAGE 4U]

Weren’t you the guy always buying when the market dropped?

In 2020 I sure did. I cranked up my 401k max out my IRAs while the market was dropping.
While many people got scared during their time and started yanking their money out.

 

[Jones]

To say for example two months ago you had two bitcoins. You sold one and then when a price dropped you bought two more now you would three.

Trust me I understand no risk no reward Go on the other hand if you get greedy you can get killed

You're not wrong, but that's also with the benefit of hindsight. I'm just a buy and hold guy, it's my nature and I've done very well with it, I'm sure if I tried to time the market I'd probably lose my ass.

 

[bbsam]

In 2020 I sure did. I cranked up my 401k max out my IRAs while the market was dropping.
While many people got scared during their time and started yanking their money out.

Are you scared now?

 

[IVE GOTTA PACKAGE 4U]

You're not wrong, but that's also with the benefit of hindsight. I'm just a buy and hold guy, it's my nature and I've done very well with it, I'm sure if I tried to time the market I'd probably lose my ass.

I'm not trying to time the market. 20/20 was a buying opportunity 2021 not so much

 

[IVE GOTTA PACKAGE 4U]

Are you scared now?

Honestly I'm not sure what to do so instead of doing something crazy just step away and figure out a new plan

 

[Jones]

I'm not trying to time the market. 20/20 was a buying opportunity 2021 not so much

You're trying to retire and you might need the money, so I don't blame you for backing down the risk curve.

 

[It will be fine]

I'm not trying to time the market. 20/20 was a buying opportunity 2021 not so much

In the long run it’s always a buying opportunity.

 

[What'dyabringmetoday???]

I'm not trying to time the market. 20/20 was a buying opportunity 2021 not so much

Actually- it sounds like you are...

 

[IVE GOTTA PACKAGE 4U]

In the long run it’s always a buying opportunity.

Like I told Bb Sam. I'd rather take a time out and figure out exactly what I want to do instead of thinking emotionally.

And if anyone would have told me last March what my retirement plans would look like today I would have never believed it

 

[It will be fine]

You're trying to retire and you might need the money, so I don't blame you for backing down the risk curve.

Isn’t your guy’s pension the safe money anyway? I’d be going high risk with the 401k if you have a stack of guaranteed cash like the pension.

 

[Wally]

'Big Short' investor Michael Burry warns the 'mother of all crashes' is coming — and predicts crypto and meme stocks will plummet

"When crypto falls from trillions, or meme stocks fall from tens of billions, #MainStreet losses will approach the size of countries," Burry tweeted.

markets.businessinsider.com

Warning about the mother of all crashes!

 

[What'dyabringmetoday???]

Isn’t your guy’s pension the safe money anyway? I’d be going high risk with the 401k if you have a stack of guaranteed cash like the pension.

Guaranteed- lol.