[ericmay]

(This is not financial advice)

Ignore the "be greedy"* part of the person you are replying to (although your hesitation is kind of proving their point a bit) but follow the advice of the Intelligent Investor.

When markets go up, everyone is happy to continue to invest. When they go down? People stop investing. That's precisely what you shouldn't be doing. Staying the course and continuing to invest regularly is key. When markets are sour that's when people get nervous and alter their behavior.

* Want to be greedy? Start buying Coinbase stock and Bitcoin. Notice how everyone is scared right now?

[nly]

The stock market has 100 years of data behind it, as well as a munch of somewhat sound economic theory w.r.t capital allocation and earnings.

Bitcoin does not. There's no reason at all why Bitcoin can't go to zero in the next 10 years. The stock market (as a whole), not so much

[shshshd]

This is great advice that bets that the system is a going concern. If the system collapses, then the bet goes sour.

Of course, if the system collapses green pieces of paper will be just as valuable as any stock certificate.

[astrange]

The "system" is doing fine - in fact the US economy is doing great. The stock market is not the economy.

[pishpash]

Yeah, it's the best time to invest since ... (checks watch) ... 18 months ago. I'm sorry, at an investment horizon of 10-20 years, that's not a slick deal. I am also talking about bitcoin. If it goes to $5000 then we're talking.

I'm not sure who were investing past mid-2021, to me there was nothing at all publicly investible for the long-term at that point. You were guaranteed an inflation-adjust loss just looking at how deeply negative real rates were.