Its simply this, I am in it for the long term, for every peak I could pick, I would also be wrong.
So next time when I sell, thinking its a peak, and it does not come back, I will miss out.
So it's just not worth the effort/stress over a 10 year horizon to essentially get a zero sum game
Sure I could make 4x this time by selling at 250, but next time when I sell at 300 and it goes to 2000 and only comes back to 1200, same loss, to buy back in.
Totally agree. Well said
I've done all the trading I'm going to do, and that was simply buying a bunch more at $50-60. Now I'm done, it's actually quite liberating, knowing I don't have to keep an eagle eye on the thing all the time. Just sit back, and let it do it's thing, whichever way it goes.