What’s the investing rule?
Well if you are an investor you know about the fact that when taxi cab drivers give you financial advice about some particular stock or asset, you know it’s time to get out.
What’s the problem?
Today a Uber (of course) driver told me that he is thinking to start investing in bitcoin. I cannot not think of the investing rule from above. I started selling a portion of my bitcoins 3 days ago, but it seems that I need to continue :). Besides that, we have also the below graph.
What’s the solution?
I will spread my bitcoins in all of my financial assets that are undervalued, time will tell if I am right or wrong, but even if I am wrong I have a nice profit (in FIAT and also in other crypto currencies).