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"All the bears have been completely wrong, except for short periods of time." Unfortunately, those short periods of time are enough to bankrupt people. I don't
by psychiatrist24 6y ago
"All the bears have been completely wrong, except for short periods of time."
Unfortunately, those short periods of time are enough to bankrupt people. I don't think anybody is claiming fiat currencies will go away forever.
- eru 6y ago> Unfortunately, those short periods of time are enough to bankrupt people. Maybe. But that just means that being a bull is tricky business, too. It doesn't mean that being a bear is good business.
- julienchastang 6y agoAnd those "short periods" are sometimes not so short. The longest bull market in US history was ~5 years, I believe.[1] [1] https://apnews.com/article/84ee301c404539d8731da34128330752 https://apnews.com/article/84ee301c404539d8731da34128330752