Starting back in 2011, a chimp could have become a millionaire, let alone a human.
you have no idea what you're talking about, not being anywhere around here during that time. sentiment was WAY worse and this forum was crawling with a majority of trolls. in fact, it was so bad that i started my first 2 threads in this Spec forum in an attempt to counteract the spiral down in sentiment.
Warning: How many of you Bears have ever been a victim of a Short Squeeze?How many of you have been Zhoutonged?those threads are filled with bear venom. the risk of investing back then was MUCH higher than it is now. why? b/c we were so much closer to zero and total failure. when it broke below 2 to 1.98, the large final capitulatory downstroke was completed as bears and bulls alike vomited up their last units. we're nowhere close to that after a downturn over 3x as long.
200 is the new 2 (and all you bears should keep in mind that that's 100x return in 3 years)