Contrarian Investing: What Is It And How Does It Apply

in Threespeak5 years ago (edited)

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We hear this term used a lot. However, for newer people it can be a bit confusing, especially the way the financial media uses it.

In this video I discuss what being a contrarian investor is and how we all should apply that at time.


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Bulls always turn into bears and bears always turn into bulls.

This is the crux of a lot of issues. When Nocoiners get called bears I'm like... they can't be bears because they can't move the market. They don't own any Bitcoin to move the market. Try again.

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Well, I'm actually going to be a contrarian during the euphoria stage of this bull market in crypto, a phase that I believe we haven't touched yet, but will definitely do that using DCA. Hard to nail tops and bottoms.

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Things work until it doesn't. Its where people just get ripped off and get hit quite hard because you can't really predict the market 100% of the time.

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In my mind I just sum it all up as "The Buffett Approach" know your position and your strategy and have the temerity to go against "the wisdom of the market" when the strategy requires it.