get-rich-quick schemes

They are more likely to find other “get-rich-quick schemes” to put their money in before the market hits the bottom,

as their money won’t be around to invest by the time the market hits the bottom if their behavior was driven by greed in the hope of making more money on the way up when it reaches the bottom.

As a result, you will notice that get-rich-quick schemes are typically heavily promoted during times of negative market sentiment due to their ease of capturing investor funds.

A lot of the time, something bad leads to other bad things. The majority of their time will be spent looking at all of the bad news to support their decision, as people who are afraid to enter the market when their capacity permits it will do so. Because they view any upward movement in the market as preparation for a subsequent, larger dive the following day, they will not only miss the bottom but also the opportunities on the way up.

As a result, I’ve noticed that most people who are too greedy or afraid to enter a market when it’s slow have rarely been able to make money waiting. When there is very little negative news left, they typically end up getting into the market after it has had its bull run for far too long. However, this is frequently the time when things are overvalued, allowing them to enter the market and then being slaughtered on their way down.

So, my advice to our customers is to start with your own internal factors, check your own track records, and determine whether or not you can afford to invest. Determine whether you can safely invest regardless of the market or other external factors:

If the answer is yes, then you should go to the market and look for the best price available at that moment;

Wait if the answer is no.

Sadly, the majority of investors act in the opposite direction. They end up wasting time and resources within their capacity as a result of their tendency to let the market—an external factor—decide what they should do.