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There is no guarantee that your coin will have another ATH

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by COINS NEWS 110 Views

There is no guarantee that your coin will have another ATH

A new bullrun is inevitable! It seems obvious that this is wrong, but I see this narrative a lot in this sub. People believe that no matter how bad their entry has been - as long as you hodl long enough, you will be in profit. That would be awesome. It would be a sure bet. But there is no such thing as a sure bet in finance (maybe if you're a polititian or whale).

We as bottomfeeders and shrimps have to be aware that

  • if it seems to good to be true, it prob. isn't
  • the higher the promised returns, the higher the risk
  • nothing is a sure bet in the world of finance

Do I believe that Bitcoin will probably make a new ATH months or years from now? Yes. 100% sure? No.

Just look at the Top 10 of crypto in the end of 2017:

Fun fact: Bitcoin had the same price at some point today!

This was almost 5 years ago. Will BCH, LTC, IOTA, Dash or NEM holders ever see these numbers again? Let's be honest, Bitcoin Cash will never rise again (probably) and NEM? What the f*** is NEM?

There is no guarantee that you can hodl yourself into financial freedom. A year ago people thought nobody who's holding more than 2 years is in the red - this isn't true anymore.

updates

- btcethmaxi has made a similar post yesterday: link
- looked up NEM and its ATH was 1.80 in early 2018 and then 0.80 in 2021 again but now trading at 0.04

submitted by /u/madosch
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