Yes and no. If your investment goes down or nowhere then you are holding the bag. However, if you compare the crypto space to the traditional stock market, the time frame is much quicker. People are happy with 10% gains for the entire year in the traditional market. They put their money away for years. In the crypto space, it may only be a few months until things change. And double digit gains are very common, as well as triple digit gains.
Yes and no. If your investment goes down or nowhere then you are holding the bag. However, if you compare the crypto space to the traditional stock market, the time frame is much quicker. People are happy with 10% gains for the entire year in the traditional market. They put their money away for years. In the crypto space, it may only be a few months until things change. And double digit gains are very common, as well as triple digit gains.