#Cryptoassets going through their first bull are likely to draw down 95-99% in their first bear.
If you think your asset is so high quality it’ll be excluded, look at $ETH’s first bear (2018-20).
Keep these #’s in mind as you gawk at “how rich you are.” If you just hodl, you may end up with 1-5% of what you have at the peak.
If holding BTC, maybe 15-30%.
If holding BTC, maybe 15-30%.
I don’t buy that there won’t be a massive crash after this bull.
Humans are still the same.
Crypto is the future, but still highly speculative. Much to be built.
Humans are still the same.
Crypto is the future, but still highly speculative. Much to be built.
The only thing that would change the appearance of a steep drawdown would be high inflation in core fiat like USD.
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