Yup. AMZN traded at around $100 in 1999, then $12 just a few months later. Now if you believed in Amazon's business model and bought at that low you could have made about 120 times what you invested if you sold today.
For me I look at crypto the same way. Crypto's value is going to fluctuate over time, but I think that over the long term (5-10 years) it will become more stable and more valuable. A huge dip is a great time to buy.
It also helps to only buy crypto for fun and consider it akin to gambling :)
For me I look at crypto the same way. Crypto's value is going to fluctuate over time, but I think that over the long term (5-10 years) it will become more stable and more valuable. A huge dip is a great time to buy.
It also helps to only buy crypto for fun and consider it akin to gambling :)