Teach me whatever I can learn about the phenomenon of panic buying, of which I have sometimes read in blurbs referencing Millenials (we’re really not that special) and FOMO. Remember the words of Cato the Censor: Wise men learn more from fools than fools learn from the wise. I welcome all discussion (other than hate speech) whether it concerns the securities market taken broadly, sectors or cryptocurrency, or specific securities.
If you are going to Panic, be the first one to Panic or at least be early. Be scared when you can, not when you have to.
Fear and greed drive the market. “Exceptional exuberance” can drive either process. On the upside, people can fear getting left behind for a great opportunity. That can cause them to overpay for a stock. Ie Panic buying.
Panic selling is probably more common. Markets begin crash and people hurry to get out the door first. Panic selling is probably the better opportunity for investors especially when you have a good method to estimate fair value of the stock. Ie value investing.
On panic buying, I suppose you can sell short or sell options to make money when you think the share price will crash. (But you had better be right.)