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[-] bitjunkie@lemmy.world 1 points 3 days ago

This part I'm not on board with, because the majority volume is going to be doing that either way. Anyone who would see this advice would just be ruining themselves to make some vague statement if they followed it.

[-] untorquer@lemmy.world 2 points 3 days ago

Fair, it's too general to say. More specifically, pulling out because the market is down can just as easily lock those losses in when you'll recover them by simply waiting. Sure if you can cut your loss then do so, especially with stop loss. But if you're just using index funds there's less (or worse) of a point in reacting to the market. So it doesn't really apply to people who are more hands on.

this post was submitted on 03 Apr 2025
1664 points (99.1% liked)

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