RE: RE: A Drop in the Ocean
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RE: A Drop in the Ocean

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5y

Really great point about not living on the income but instead holding it for the long term. I hope more are thinking the same.

Even a company as groundbreaking as Amazon lost 90%+ after the dot com bubble popped. A drawdown like that can flush out a lot of investors, especially those trying to get rich quick.

If interest rates keep rising we may see many cryptos continue to drawdown; that could make for a very long storm.