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In this episode of Tendie Town I discuss how Twitter has gone bottom fishing… the problem is they my not get the outcome they are looking for. I talk about how people are looking at price as a metric of whether the market should go lower or not but that really isn’t the thing to use because it doesn’t give you much indication as to whether something is cheap or expensive.
In this episode how I explain most people trying to predict the crypto bottom should be more focused on when to buy versus the price to buy.
Ironically I discuss how in stocks it’s quite the opposite and it’s about buying when you can based on companies growing their EPS without regard for the FED, interest rates, or monetary policy.
By TendiesIn this episode of Tendie Town I discuss how Twitter has gone bottom fishing… the problem is they my not get the outcome they are looking for. I talk about how people are looking at price as a metric of whether the market should go lower or not but that really isn’t the thing to use because it doesn’t give you much indication as to whether something is cheap or expensive.
In this episode how I explain most people trying to predict the crypto bottom should be more focused on when to buy versus the price to buy.
Ironically I discuss how in stocks it’s quite the opposite and it’s about buying when you can based on companies growing their EPS without regard for the FED, interest rates, or monetary policy.