Indeed you have to buy when the market bleeds but sometimes rule 1 denies this.
I did invest extra fiat money on wednesday but the market was still bleeding yesterday. I did want to invest more but rule number 1 kicked in.
I do expect all money invested as a loss untill its converted back into fiat money.
Suppose that the mrket completely crashes or my coin get lost. My regular life and that of my family won’t change except the huge dent mentally.
So all 4 rules are great but aometimes they interfere each other.
Indeed you have to buy when the market bleeds but sometimes rule 1 denies this.
I did invest extra fiat money on wednesday but the market was still bleeding yesterday. I did want to invest more but rule number 1 kicked in.
I do expect all money invested as a loss untill its converted back into fiat money.
Suppose that the mrket completely crashes or my coin get lost. My regular life and that of my family won’t change except the huge dent mentally.
So all 4 rules are great but aometimes they interfere each other.
The market is so crazy at the moment!