Quote from: Rebdoomer on Today at 05:54:02 AM

In crypto and in stocks, if you're a short term paper hands seller minded person that only thinks about this year then you will lose, but if you're a long term diamond hands buyer minded person that thinks about 10 to 20 years from now then you will win.

Buy the dip and HODL because people are born into this world everyday, these new people are future investors. People that pass away, their untouched crypto keeps the prices afloat. This is why crypto will continue to rise in price. Crypto is just like the S&P 500.

With the difference being that there are dozens of new cryptos created per day while that isn't the case for the S&P500. People switch between cryptos much faster than they switch between stocks.

People passing away doesn't necessarily mean their crypto remains untouched. That is probably true for some of them, but by far not for all. With inheritance services for digital assets that problem will soon be solved as well. For an asset like Bitcoin there are also other factors at play than there are for businesses in the S&P 500.