Should you go with the crowd or move against it.
This is very relevant in business and especially crypto.
There is safety in numbers. We all know that.
Blend into the crowd and do what others do and you will rarely find trouble. You'll just blend in and be ok.
But is ok enough?
Is fine enough?
If it's not you'll need to stand up and stand out.
Buy red and sell green. Move against the markets and move against the crowd.
When the housing market crashed here you had 90% of people in debt, selling assets, trying to get back into cash form property. They speculated and panicked when the crowd went from buying to selling.
They went with the crowd and lost. The crowd are stupid.
I can put money into the big companies like coke and google to make a small return on investment over time but the reason that they are so successful is that they broke away form the crowd and innovated. Made their own fortune and built a legacy.
The trick is to buy before the crowd come in.
Life is a ponzi scheme and you don't want to be the last one in. The reason that money makes money is that the ones already there know all of the rules.
They decide what you are doing next.
If you don't get away from this society led ponzi scheme then you will be left holding the bag. We're still bailing out the banks and the big builders form when they lost the game last time around. They got in first, make huge money, dragged the crowd with them to buy these overpriced houses and then fled with the bag when the time came.
Happens every time.
The smart ones stayed out of the scheme. When they saw the suckers being pulled into the housing market the exited.
Put money to the side and watched the madness.
Then when the crowd went full panic mode, they turned up with the cash and bought it all up. Knowing full well that the value of property in Ireland is well above what they paid for it.
Then they just had to wait for the crowd to change back to buying mode and dumped it all back into the market for a profit.
Sounds an awful lot like crypto to me.
It is and it isn't.
Property is very tangible. There are ways to put a soli price on each one and are an asset that will always hav ea use case.
Crypto turn on crowd mentality as well but the biggest difference is that while property is always going to be valuable. 90% of crypto projects aren't worth a shit and will be gone in five years.
The biggest trick for us inn the market right now is to find the ones that will be successful ad go against the crowd.
If you plan is to buy dog themed tokens and wait for the price to moon then congratulations. You are part of the crowd. The 90% who will be left with the bag.
I'm hoping to be in the 10% that makes the right call now and waits for the rest to catch up. To get into Microsoft or Amazon early on in time and get out of the system.
When the markets turn green again then the remaining projects will be looking more appetizing than ever. Now it's just a matter of waiting out the crowd.
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