u/Schopenhauers_Will

A Handy Guide to Buying BMNR When the Price is Low

Back in the 1940s/50s, strategies for investing were pioneered based around buying stocks when their prices are considered cheap as opposed to when they're expensive.

Despite almost a century having passed since then, the abundance of people with learning problems in this subreddit is pretty high based on the posts I've read since joining some time ago, so I thought I'd help out with this handy guide. It only has two parts, so anybody can play along.

  1. During a bull market, wait for absolute euphoria and people saying 'new paradigm' etc, then sell.
  2. During a bear market, wait for absolute capitulation and misery, then buy.

I haven't bought a single share of BMNR yet, despite watching it for the last 7 months. For some reason there seems to be this bizarre need to act frequently/right now rather than just waiting for peak desperation, which is where the most appropriate entry point will appear.

I'll be scaling in steadily once we go below $15. All things considered, we could see as low as $5 come Q3/4 and beyond. I'm hopeful for that.

In the meantime, please make sure to keep posting your complaints, your whining, your emotional rants; they're a great benchmark to determine just how much despair retail is in. In addition, you can also look into hobbies to pass the time like gaming, gaming and playing video games while thinking about how the world has treated you unfairly.

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u/Schopenhauers_Will — 3 days ago