Agreed. The buy-and-hold strategy could pay off someday, depending on how the whole crypto market shakes out after the fiat crash. Feels like real economic freedom through crypto is slow in coming because so many people are chasing profit.
As I've tried to point out many times, and been shouted down by the zealots, crypto can be a get rich quick scheme or a currency. It can't be both. They are mutually exclusive concepts.
It currently is both tho, call it a war or whatever but fact remains, some idiots chase profits and others use it to preserve their freedom, despite volatility. If your portfolio is small you could use stable coins pegged to gold or silver to safeguard against volatility.
The potential benefit of crypto is as an alternative system to central banking.
Anyone using it to gain fiat wealth is reinforcing their own enslavement.
Agreed. The buy-and-hold strategy could pay off someday, depending on how the whole crypto market shakes out after the fiat crash. Feels like real economic freedom through crypto is slow in coming because so many people are chasing profit.
As I've tried to point out many times, and been shouted down by the zealots, crypto can be a get rich quick scheme or a currency. It can't be both. They are mutually exclusive concepts.
It currently is both tho, call it a war or whatever but fact remains, some idiots chase profits and others use it to preserve their freedom, despite volatility. If your portfolio is small you could use stable coins pegged to gold or silver to safeguard against volatility.