I sometimes fall into that category of thinking crypto might go to zero lol. It's still relatively new and many of them seem to lack fundamental value. The space as a whole will definitely evolve in unexpected ways in the future, hopefully there will be pockets of sustainable value that will keep existing for a long time.
Love the answer to the strange question about Tether. It's definitely something that I ponder about :)
It is really easy to fall into old ways thinking.
You know, invest in a well diversified portfolio of stocks and bonds…
All of us would like to take profits and keep those profits.
However, we could be three months from a full bank collapse.
All your fiat dollars go poof. (of course it could be a year and three months…)
So, it is a whole different field. A whole different question.
Where do you store your money?
We don't get the luxury of just falling into old ways.
Meaning we have to find new ways, potentially building them from scratch. I think this will be a pressing issue for those in the crypto space next year, where to store the profits made from the bull market.
Some however, have already made the decision that it will be on Bitcoin, given its institutional adoption and inherent features.