I bought some ETH and some Bitcoin cash. They haven’t really moved. Why oh why didn’t I buy BTC at 12k????
Why didn’t I buy GME at 43 a week or two ago? Why did I sell my 10 BTC I bought at $40 ea a few years ago!!
Oh well. Live and learn.
I wish I had kept that
1965 Mustang!
“Why oh why didn’t I buy BTC at 12k????”
Last April I put about $10k into a pair of airline stocks that were on the skids. And why not? Here’s a pair of $55-$60 securities trading in the 20’2.
BTC-USD was about $8600 at the time.
The airlines are up over 100%, so I’ve made another $10k.
With Bitcoin testing $60k, if I had put that money there I’d be up nearly 700% by now, and still trucking.
Oh, well. Woulda, coulda, shoulda.
Real world? UCTT broke $50 for the first time in its existence, and I am looking at a capital demand, so I sold off a bunch to cover. The bill isn’t due yet, and now UCTT is over $60. DANG IT! I shoulda waited! [Insert gnashing of teeth, here.]
But this sort of thing is part and parcel of the trading world, and the reality is I was hugely upside on what I sold (my average basis on the shares I liquidated was less than $10), regardless of what additional gains I could have realized. What’s the old saw about not letting the perfect be the enemy of the good? Yeah. Like that.
Or, I could go all Biblical and quote St. Paul, “I have learned to be content in any circumstance.” (Phil. 4:11)
AND the more ancient wisdom offers, “It is better to be content with what your eyes can see than for one’s heart to always crave more. This continual longing is futile — like chasing the wind.” (Ecc. 6:9)
P.S. — UCTT has an Earnings Report due near the end of April. If they beat market expectations, that’ll be six consecutive quarters coming out of the COVID Crash, and should propel the stock to further heights.