"When I realized I wasn't as clever as I thought.”
(John Connolly)
"Don´t buy this share, the company got some serious issues..." You actually might hear such things very often or more likely find it in magazines or on some websites. Probably just as often as you stumble upon statements like "I can just recommend you to invest there, they are launching a new amazing product very soon." ...
Of course, getting involved into the companies and their perspectives is important and the right thing to do, whenever you consider to invest into something. Just don´t make the mistake to think that you are actually smarter than all those other Investors out there!
Whatever information you get, you should always consider that someone else already got the news before you did. That someone else might maybe judge them better than you are able to, because let´s be honest to ourselves, we simply don´t know what´ll happen, neither can we predict it at all.
So what´s my point about all this? Well it´s simple, we all should just stop trying to be smarter than everyone else. No one of us can know the value of a share or cryptocurrency tomorrow or in a week from now. But the good thing is, that all the others don´t know it either.
(A Proud German Ambassador from & for #Teamaustralia!)
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