Common stock advice: if you hear about an investment opportunity, you've probably already missed out.
Ex: Bitcoin stocks (yes they're stocks / investment products) are only really reported on when they're at an all-time high. They may go up a little more if you're reading something fresh off the press, but it's not going to go up as much as it already has. I mean if you bought a year ago you could have had a 10x return on investment, if you invest now it'll be 10-20% return on investment at best.
If “hear about” means major media wrote a news story about it because it has gone up then yes. But I’ve learned about profitable investments from places like twitter, reddit etc if you are deeply plugged in to what is happening.
Historically when they reach all time high again after a crash they still go up quite a bit (like 400% last upswing). Obviously not a huge sample size there though
Bitcoin has different fundamentals IMO. For buy and hold I still think 10x from here (over the long term) is possible. This year we might see up to 100k. It’s extremely fickle. We could easily see 5k again. No one really knows, though. The best fundamental analysis that gives a bright future is of Bitcoin replacing some significant market cap for gold. Probably not though.
Yup, stock market is all about factored in valuations and others saw the writing on the wall. Since rises and drops are due to surprises, the only way it’ll rocket further is if things will go even EVEN better than already expected. I sometimes have to repeat all this for myself... it helps :p