LogFAQs > #964976691

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Topic	The crypto bubble popped
SergeantGander 05/12/22 9:29:36 AM #167:	ktownslayer16 posted... meanwhile, I'm just staying steady chipping away at putting money into an S&P 500 Index fund. Yes it's down a bit in 2022 but I'm in for the long haul Yea people keep forgetting this idea of a long haul lmao. Look at Nasdaq after dot-com bubble broke. In 2001-02 it lost most of the speculative gains from late 90s into early 2000s losing about 80% of its value. Only to recover more than 10x. The big companies remained despite taking big hits. Amazon crashed from ~$100 down to ~$5, now its Apple was worth less than a dollar per stock. Bubbles break, crashes happen. Markets have long down trends, if you're investing in solid crypto projects with real use cases and not lolpeepeepoopoo inu coin there is tons of room for growth in future. --- ~Dennis~ <cite>SergeantGander posted [p:964976691] in The crypto... [t:80017337]...</cite> <quote>ktownslayer16 posted... </cite> <quote>meanwhile, I'm just staying steady chipping away at putting money into an S&P 500 Index fund. Yes it's down a bit in 2022 but I'm in for the long haul</quote> Yea people keep forgetting this idea of a long haul lmao. Look at Nasdaq after dot-com bubble broke. In 2001-02 it lost most of the speculative gains from late 90s into early 2000s losing about 80% of its value. Only to recover more than 10x. The big companies remained despite taking big hits. Amazon crashed from ~$100 down to ~$5, now its Apple was worth less than a dollar per stock. Bubbles break, crashes happen. Markets have long down trends, if you're investing in solid crypto projects with real use cases and not lolpeepeepoopoo inu coin there is tons of room for growth in future. --- ~Dennis~</quote> ... Copied to Clipboard!
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