📈 왜 개인 투자자들은 항상 고점에 물리는 걸까?

FOMO

For the most part, in my opinion, it’s because the average retail investor doesn’t pay attention to the markets. They learn about a run up when it hits the news (ie, it becomes noteworthy).

"People hate to think about bad things happening so they always underestimate their likelihood." The Big Short.

It’s all mental. The top happens when things are going great, everything is euphoric, fomo kicks in…. It’s hardest to buy at the bottom, when recovery isn’t certain (even though it almost is) or there’s that feeling we’re going to drop forever. All a mental thing tbh

Because the public only has access once the company goes public. Hence, going public. A private individual can get access to private companies by having a meaningful amount of money and a high tolerance for risk

lol VCs lose 90%-100% of their investments. The whole idea behind it is that you only need one to 100x to make it profitable. Behind every ultra successful fund like Sequoia there are probably 100 that suck In a good case companies cut their valuation and sell for less than their last round. In a worst case they just shut down all together Brex recently sold for less than half of their last round. I’m sure the investors and employees are so happy

I don’t understand the premise of this post. You’re saying when companies go public is always their highest valuation? Nonsense

They don’t.

Most of retail is fiscally uneducated and unwealthy. Depending on the poll, 25-70% of Americans live paycheck to paycheck, only 60% have any sort of retirement savings at any level, and about a quarter have no savings whatsoever. Take all those numbers with a mountain of salt, but the narrative is that most of the retail sector doesn’t have enough money to need to get smart about investing. What that leads to is a bunch of sheep trying to get rich quick whenever the talking heads start crowing about getting rich quick (while or after it happens). Retail pours in, prices get overinflated, fundies and investors (and some retail) take profits, and retail holds the bag. Same story with pms lately. Millions of people didn’t simply decide to become numismatists overnight. They’re lining the block to buy silver because someone told them it’ll keep going up. Lots of people lost their shirts last Friday and are continuing to do so. Smart investors wanting to take profits did so when the large metal refiners stopped doing business as usual 2 weeks ago, but you need to be seeking that information to find it and understand it.

Market makers manipulates the move such that retailers feel the fomo and buys while they unload to retailers

The top is only the top until tomorrow

lol that new top could be the new bottom i thought nvidia top was 1 trillion market cap, lost out on 100's of thousands on gains lol even recently was mu, i thought the ram/ssd shortage was just temp, sold it at all time high of 180, lost out on 100's of thousands on gains

Market makers have taken supply and demand out of the market. You don’t own your stocks dog. Y’all gotta look into the market infrastructure more.

The price only gets high because insiders literally are not allowed to sell. It's supply and demand Also, for every successful VC investment, they have many many more that ended up going to 0

where is the top?

Solidarity. To provide exit liquidity for hedge funds.

It's not a perfect solution, but the obvious way to avoid only buying at the top is just to have a plan to consistently investment and stick with it. But yeah it's pretty notorious conventional wisdom that it's retail investors always left holding the bag.

it's because the hedge funds decide where the top is.

Not just retail, institutional investors do the same

The news cycle. They tell you the market is shit when it's actually the time to buy. They tell you the market is hot when it's actually time to sell.