In a stampede, it is best not to fight the mad crowd. Go along with the flow because there’s nothing else you can do. Be patient and don’t push around. Let the crowd itself push you along, waiting for an opportunity to climb to a higher place. When you get to a high place, wait until the crowd regains its sanity. A stampeding crowd is not like somebody you can reason with: it is no less deadly than cattle on the run.
There will be a correction, and it will give you an opportunity to buy. Don’t buy when it’s on the way up, because the only way to get some gold then would be to set your price to market, and you’ll surely get crushed. Buy on a day when there is a correction. Set a limit price and wait patiently for your order to materialize. If your price is too low, you may not get any gold, but that’s ok. Wait for the next down cycle.
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About Carlos C. Tapang
I run a company called Rock Stable Token Inc. I am the leader of the team behind the stabletoken called ROKS. ROKS is a cryptocurrency (digital money) and its value is tied to the U.S. dollar (USD). We are initially targeting it to overseas Filipino workers (OFWs) with two great benefits: it costs almost nothing to send it, and it is fast.
I am also involved in a movement (http://correctphilippines.org) to correct the Philippine constitution. It's an ambitious undertaking in itself, and there's no guarantee that improving our constitution will improve things. However, one thing is certain: if we don't establish a rational constitution, we will continue on our path of self-destruction.
What kind of government is best? For me the best government is that which governs the least. We need the government not because it can provide for us but because it keeps us from running into each other. The proper function of government is that of a traffic light: it prevents us from bumping each other, but it does not tell us where to go.
Perpetual Cycle of Life 