>I'm still not sure I get why staying longer yields any sort of edge One way of looking at it is to say that traditional currencies are constantly devaluing as

>I'm still not sure I get why staying longer yields any sort of edge One way of looking at it is to say that traditional currencies are constantly devaluing as their supply increases. A counter argument there might be that the supply of cryptocurrencies is increasing generally. This could be tested if BTC or ETH are ever unseated by another blockchain. The psychological conditions could change if every new cryptocurrency was viewed as a potential heir to the throne. "Digital gold" could be debunked in the eyes of the masses.