News for hackers. Stuff that matters.

A comment on Wall Street sell-off turns 'ugly' as US recession fears grow. Parent comment

Re:Wall Street sell-off turns 'ugly' as US recession fears grow by immibis on Monday March 10, 2025 @06:07PM (#43326652)
Buying the market at all is a gambling strategy. You cannot be in the market without timing it.

For example, just last week, I realized I had a bunch of money sitting in my crypto exchange that I thought was in Bitcoin, so I traded it for Bitcoin. Now it's worth 80% as much.

[ Parent | on HN ]
Re:Wall Street sell-off turns 'ugly' as US recession fears grow by throw0101b on Monday March 10, 2025 @10:18PM (#43328498)
> Buying the market at all is a gambling strategy. You cannot be in the market without timing it.

If you buy a little every pay cheque automatically, without looking whether things are up or down, how much are you really "timing" versus simply investing? (Especially if you buy a globally diversified fund like VT.)

[ Parent | on HN ]