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by erik_seaberg 2049 days ago
Few cryptocurrency holders are using it for payments or building anything that creates value. It’s just zero-sum speculation and FOMO.

Equities are different because their connection (however tenuous) to actual earnings gives them a very steady long-term uptrend. The hard part is just staying in during a crash so you don’t miss the recovery. Half of S&P 500 returns came on its ten best days.