Because when new bull run will arrive there will be new shitcoins and your shitcoins will end dead or delisted from exchanges which can lead to 100% loss.History is always repeating.
5,5 years old chart:
Surprisingly some coins from this chart are up from then but volume on exchanges is low,so holders of these coins are truly bagholders.
5,5 years old chart:
Surprisingly some coins from this chart are up from then but volume on exchanges is low,so holders of these coins are truly bagholders.
It does not mean that 5.5 years ago so many weird coins been on the top, they had no product back then, now at least some of the projects have already an established product. If you do not have anything to show now, you will be already dead with that ETH price.