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Index fund investing - is it defeatism?

Index fund investing - is it defeatism?

Quote: (08-17-2017 04:55 AM)BB1 Wrote:  

Quote: (08-16-2017 01:16 PM)Kid Twist Wrote:  

I'm also on record now with BTC, regardless of what you think of it, being the hedge against worries about traditional markets. BTC is here to stay, I'm sad I didn't buy a lot at 2k, which I think was the clear not-so-cheap low that stabilized. It's going to $10k easy, I'll say that right now.

The current crypto market has to many uninformed people getting involved, and FOMO.

I suggest you read "Extraordinary Popular Delusions and the Madness of Crowds" first published in 1841!!

That's why I'm focusing on the biggest, which is just one of a great many. Madness can still render profits, though "timing" is always an issue of dispute, especially in investment and stock discussions.
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