It does not matter how high or low the price is.
Dips don’t matter Highs don’t matter. All that matters is that we get away from the traditional financial system. The get rich quick mentality draws in the wrong people.
What I’m getting at is the reason why eth and some other cryptos are valuable is not because of their price potential. It is the potential to revolutionize the financial sector eventually every other aspect of the world. The reason why I hold is because I trust ETH and see the revolution ahead and being part of the revolution is reason enough.
Another reason why I don’t sell my crypto in general and take profits is because I don’t trust fiat enough. For my value to be stored in a government asset that are performing a rug-pull on us seems riskier. All I need to know is that in a year from now 1 eth will equal 1eth and no government can take that away.
What I should ad: don’t invest money you don’t have for some moonshot dream. Create a portfolio and don’t touch it. If you do that it doesn’t matter if it’s the peak of the bull run or is just starting. The rich don’t sell their assets they keep them forever and borrow against it.
Just a random thought I had.
submitted by /u/ThelastWisdom
[link] [comments]