If you are anticipating human greed evaporating, then yes, crypto will go to zero. My experiences so far in life have shown that to not be likely.
People holding stocks may never see ATH either, it’s the risk we take for the mental construct we believe in.
History says they probably will, as long as they hold a diverse portfolio.
Unfortunately crypto has become just a leveraged bet on the stock market and has lost much of its uncorrelated asset status. If the stock market recovers, crypto recovers even harder. Ethereum price is like a higher leverage TQQQ if you check the charts. I liked it better when it was uncorrelated.
People holding stocks may never see ATH either, it’s the risk we take for the mental construct we believe in.
History says they probably will, as long as they hold a diverse portfolio.
Unfortunately crypto has become just a leveraged bet on the stock market and has lost much of its uncorrelated asset status. If the stock market recovers, crypto recovers even harder. Ethereum price is like a higher leverage TQQQ if you check the charts. I liked it better when it was uncorrelated.