Why do crashes always cause such doomsaying?

Cryptocurrency News and Public Mining Pools

Why do crashes always cause such doomsaying?

I don't get it. Every time there's a crash, you get endless comments declaring cryptocurrency is over and it will never be profitable again, that you should panic sell everything.

Then, two months later, the stocks are all back up to where they were again, or even higher.

Are people just shortsighted? Impatient? Unless you've invested in some kind of junk coin (99% of the market, but easily ignored), crashes are simply an opportunity to invest more and eventually reap more. Sure, it's annoying to have to wait longer for a profit, but that's no reason to proclaim the death of crypto.

In no time Bitcoin will hit another ATH, Solana will reach $240 again, and Dogecoin will be flirting with 30¢. And assuming you have regular income and disposable savings, now's your chance to get in from the bottom.

Join me, friends! Let's cash out this crash out!

submitted by /u/Sabertooth1000000000
[link] [comments]