Both actions are wrong, it is always better to wait for a crash before you buy, if there is a huge crash that makes everyone upset then you can buy and then you will make enough money to say that you made a good purchase, plus of course you need to do research as well.
These are all
pretty theories but they remain theories. The reality is that people know this and yet they continue panic selling and panic buying. We even saw a case of panic buying but a very small scale recently when price jumped from $42k to $48k as a very tiny number of panic buyers jumped in.
Just wait until price breaks certain resistances and the FUD campaign to end and you'll see more of it...
Unfortunately people are not financially educated in the world, that is the biggest trouble. What is it that decides basically all of our future? How we live, what type of life style we have, what type of house we have, what type of hobbies we may get, basically ALL of our lives?
It is money, if you do not have any money, barely survive, live in a bunker level place, barely eat food, then you will not be able to enjoy life, or if you are very wealthy then you would know your hobbies, can spend time on them, go to best doctors when you have something or just generally live a great life, it is ALL related to money. What do we not teach children at school? Finance, as in money.
There is no class from first grade until college regarding money and in college only the people picked a major that is related to money sees something about it, I studied literature and I never saw anything related to money for 16 years when I studied from age 6 to age 22. This is why people do not know what to do and panic, because for them money is something like a hobby, earning money is something you learn after you are 22 years old (for most people) and that is why it is hard to get good at it.
