Your altcoins are lying at their lowest point in history, but maybe that's a good thing? ... A friend has a position, with an average buy-in price still 8 times the current price. It's not that the current price needs to increase by 8 times to break even; the current price multiplied by 8 is his cost basis. He hasn't checked this coin in two months. It's not that he forgot; he's afraid to look. And recently, no one in the group has been discussing the market either, because there's nothing good to talk about. Occasionally, someone pops up with just a few words:
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Your altcoins are lying at their lowest point in history, but maybe that's a good thing? ... A friend has a position, with an average buy-in price still 8 times the current price. It's not that the current price needs to increase by 8 times to break even; the current price multiplied by 8 is his cost basis. He hasn't checked this coin in two months. It's not that he forgot; he's afraid to look. And recently, no one in the group has been discussing the market either, because there's nothing good to talk about. Occasionally, someone pops up with just a few words: