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by mahmoudimus 1091 days ago
100% this. Ranked in order, it would be: #3, #2, #1, and #4.

- #3 is king. If you have a track record, trust comes quickly.

- #2 is probably how 80% of investors invest.

- #1 is when an investor takes a bet on an unproven entity (i.e. precursor to #3)

- #4 is a bad investor, most likely a lemming. do not give them any power. they are dumb money with an investment strategy of "playing with the house"