Funny how every time the market is in a recession and losers keep holding on to their losses they magically become "long term" holders.
God damn it, "long term" is such a stupid meme. Admit it, you wanted to get rich quick and once you realised you are too dumb to swing trade you suddenly became a "long term" loser.
Such idiocity.
You think Dan Balzerian held anything "long term"?
Long term is for losers.
I dont think so.
You shouldn't forget that till end of 2017, the holders were the real winners of crypto market. that long down trend does not mean that holders will not make good profits again in the future.
Not only in 2017, the hodlers proved to be market winners. It also happened a few times before - actually with every earlier ATH. I am sure that the new ATH is still ahead of us, so those who bought even during the bull run in 2017 will definitely have a chance to make a profit from this investment.