I believe this is one of those places where people gat to ask themselves whether they are ultimately true investors or are they merely traders?
Most long term investors don't even look at market trends, they only look at how the projects they are invested in are doing. If things are still going well for those projects, they keep holding on or might even keep accumulating.
As I have said many times before, the challenge for the crypto industry is to start shedding its pervasive image as a source of "fast money."
Very true. Yet most traders end up losing so more should try investing. LOL
The get rich quick is ingrained in people's mind. Sadly for most, it is not the path to success.