/biz/ - Business & Finance

[Anonymous No.24141176]

Why do coinfags hold through dips? When a stock dips, you can look at the underlying company and assess whether the market is offering a fair price for it. But crypto, and shitcoins in particular, only have any value because other people are willing to accept them as a unit of exchange. The vast majority of shitcoins will go to zero over time, even without things like exit scams and (((mysterious hacks))).