Graham Stephan: Market correction — not judged: the rule reads only the US stock market in general

Said on May 26, 2021, at 3:30 in the video.

What was said
Graham Stephan

@grahamstephan

“I think at this point, it's pretty safe to assume we're going to continue to see rather large corrections and sell-offs.”
Watch at 3:30Why You'll Regret Buying Crypto In 2022
PredictionMarket correction— not judged: the rule reads only the US stock market in generalChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Not verifiable

Not verifiable: subject not covered. The call names a subject other than the US stock market as a whole; this rule reads SPY only.

30 days

Not verifiable

90 days

Not verifiable

180 days

Not verifiable

1 year

Not verifiable

Result at every window

All windows are shown, so none is picked
Result at every window
WindowResultAt the startAt the endChangeBenchmark
30 daysR-CRASH v4Not verifiable————
90 daysR-CRASH v4Not verifiable————
180 daysR-CRASH v4Not verifiable————
1 yearR-CRASH v4Not verifiable————
3 yearsR-CRASH v4Not verifiable————
5 yearsR-CRASH v4Not verifiable————
Why: 30 days

Not verifiable: subject not covered. The call names a subject other than the US stock market as a whole; this rule reads SPY only.

Why: 90 days

Not verifiable: subject not covered. The call names a subject other than the US stock market as a whole; this rule reads SPY only.

Why: 180 days

Not verifiable: subject not covered. The call names a subject other than the US stock market as a whole; this rule reads SPY only.

Why: 1 year

Not verifiable: subject not covered. The call names a subject other than the US stock market as a whole; this rule reads SPY only.

Why: 3 years

Not verifiable: subject not covered. The call names a subject other than the US stock market as a whole; this rule reads SPY only.

Why: 5 years

Not verifiable: subject not covered. The call names a subject other than the US stock market as a whole; this rule reads SPY only.

What was said around it

that causes you to buy when it's already going up, sell at the slightest glimpse of any vulnerability, and consequently lose money without having the discipline of a pre-planned entry and exit point. So instead of thinking of this as a way to get rich quick, invest an amount that you're willing to hold on to long-term. And once it hits a level where it makes sense to sell, whether that's within a few days, years, or decades, sell. The second, speaking of that, you should not invest in cryptocurrency if you're not prepared to lose money. I think at this point, it's pretty safe to assume we're going to continue to see rather large corrections and sell-offs. And if you're not prepared to invest your money and see 90% of it disappear completely into the abyss potentially forever, then you should not be investing in cryptocurrency. The biggest problem that I see with this is that it's way too easy to buy high all at once and then sell low when everyone moves on to something else with the mindset that you may as well just sell now while you still can. That just winds up creating this cycle where you buy, you get discouraged, you lose, you save up more money, you buy again for all the wrong reasons,

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

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