This paraphrase of a quote from a famous rock song came to me to day when I looked at my bitcoin account. We are approaching a halving of bitcoin, and there seems to be an almost complete consensus about that there will a bull rush sometime soon...
But then there is Corona, which influences most economic areas negatively, and no one knows where this will end.
Now, a fairly common heuristic in stock market exchange is to sell when price is high, and invest more when prices are falling. I am not experienced enough to know whether the same is true in crypto markets, so I am now wondering whether it is wise to stay (and just wait for the halving with what I have) or if I should go for it and invest, although most cryptocurrencies seem to point downwards?
NOTE: I don't expect any direct advice from anyone, but more a glimpse of how you think about this issue in a more general sense... I want to understand, rather than make the big hit (although I wouldn't mind that either of course!)
(This text is crossposted to uptrennd)