Quote (KRR @ 15 Apr 2021 01:02)
I’ve held my btc since 300$ and I just laugh at all the crashes and all the people that say to sell.
Just buy and hold.
In the end, there will only be a few big coins and most of the alts will disappear
this mainly.
like every asset that is traded between a large group of investors (aka quasi-informed speculators) it will go up and down based on large-scale developments that no one (here at least) can control.
different boom periods will yield different alt coins most of the time. mainly due to tech advancements and much better strategies at maximizing crypto utility. for every doge or stellar or even ltc that hangs around there are scores that fade and maybe they stay afloat and get re-pumped but they rarely approach their former glory.
i too am very straightforward in my investing: i buy and hodl. i do this with equities and crypto and other assets. to those who trade frequently and do well i give them props as it seems easy in theory but in reality the risk of losing your shirt is too beyond my tolerance level. some light “gambling” with fun money im not above though