![2015-12-02-1449084331-7797041-warren_buffet_spotlight.jpg](https://steemitimages.com/DQmf8dKYC476BD6QGXssxwE9XiBb2Z4quhhXhwgBJrcBNN6/2015-12-02-1449084331-7797041-warren_buffet_spotlight.jpg)

#### “Be fearful when others are greedy. Be greedy when others are fearful.”
>– Warren Buffett

Don’t be an investor fueled by emotions, this is how most people lose their money. They buy during a market upswing for fear of missing out and when they start seeing dips they exit the market. This goes against investing 101 of buy low sell high.

It looks like many investors in the Crypto market are failing to follow this advice. There was a crazy buy frenzy last week as everyone was hopping on the "get rich" train.  A lot of new money entered the market last week and this week early investors are taking profits.

It is common for people to take profits at breakpoints (100, 1,000, 5,000 etc)  Unfortunately when a few big hands sell it cascades down to the weaker hands causing panic sells. Don't be a weak hand.


![](https://steemitimages.com/DQmZZcKQdkXb119wqNc59Ra31WZGrE4Z48etTxfLdXex1xH/image.png)

#### This is healthy
I actually feel better today than I did last week. Last week all signs were pointing to an unsustainable bubble. The road to 10,000, 100,000,  or even 1,000,000  will have it's up and downs. Please remember that not even two months ago - July 17th Bitcoin had fell to $1,863.

#### Buying opportunity

When I invest, I try to do the opposite of what the market is doing.  When price dips it can be an opportunity to create a stronger position on the market.  In the coming weeks I will likely be contributing more than my usual amount towards crypto.

---
Please remember that the above post is not financial or investment advice but instead a look into how I invest in crypto.  Always seek assistance from a professional financial fiduciary.

If you would like to learn more about my investment practices please visit my website [cryptoindex.info](http://cryptoindex.info/)