Munger once said:
Whether I’m buying socks or stocks,
I like to buy quality goods when they’re on sale.
If you buy the greatest company
at the wrong price,
you could end up earning nothing from that investment
for the next 10 years—or even questioning your life choices.
If you truly believe in the long-term value of BTC and ETH, then you should be happy, not panic, when prices fall. That’s because a drop in the price of a quality asset often means a better buying opportunity.
A true investor doesn’t fear a good asset falling in price; they fear never getting the chance to buy it at a low price.
Whether I’m buying socks or stocks,
I like to buy quality goods when they’re on sale.
If you buy the greatest company
at the wrong price,
you could end up earning nothing from that investment
for the next 10 years—or even questioning your life choices.
If you truly believe in the long-term value of BTC and ETH, then you should be happy, not panic, when prices fall. That’s because a drop in the price of a quality asset often means a better buying opportunity.
A true investor doesn’t fear a good asset falling in price; they fear never getting the chance to buy it at a low price.