I don't like to buy overvalued assets in hopes they go even higher. I believe that is a fool's errand, which results in many people losing a lot of money.
But how do you estimate an asset is overvalued? I sold bitcoin back in 2014 thinking it was a wise move.
Now I am like: "man, I wish I held them."
It's no easy task. Listening to many experts with a wide range of opinions, reading a lot of books, and learning history. You can never have too much knowledge.
Even then a lot of predictions goes wrong, which is why number one fear. I did a bit of trading and now I buy at current price and also at lower price...
Just holding at the moment. Hope it's a wise move?
I can't say, I'm not a trader. I'm much more knowledgeable when it comes to big-picture trends.