How many times are you going to write that?
You must think I have crypto as “the basis” of my portfolio. That’s silly.
My point is that you look at the past six months, but ignore the context of the larger picture. You ignore the adoption cycle. You ignore the institution adoption. You ignore the investment in the infrastructure.
Nope, you look at six months price movement and you make a declaration.
Do you look at earnings history? Revenue growth? Expansion history? Dividend growth when looking at investments? All of these things related to traditional investments require a look at a 1-3-5 year window.
Am I saying the CAGR is going to stay at 93%? Your argument suggests that. And that means you are simply arguing to argue. And that’s a waste of time.
It’s extremely foolish of you to be a know-it-all on what I think and how I invest, simply because I said look at the the 6 month chart.