Being 100% in crypto can be a valid strategy, especially living in a country with massive inflation

If you live in a country whose fiat currency drops over -95% in value within years you understand what I mean.

It's nothing compared to buying the 2 top crypto by marketcap at their ATHs. Holding them all the way down isn't that painful and sad than seeing your fiat going worthless.

Your crypto - I'm talking mainly about the top 2 - are going to recover. The inflated fiat of my country won't recover its precious value ever again!

Now you see my point?

Rather than painfully see my hard earned money becoming worthless, I invest it into crypto.

Even with this volatility, even with the downs in this rather long bear market, even if people say recession isn't over. Even then I will be investing in crypto.

Because at the end, crypto still has a chance to recover and become bigger (it doens't matter for me personally if it will be this year, next year or some year later). My country's fiat won't recover, it won't become more value.