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A comment on $130B wiped off crypto markets in 24 hours. Parent comment

Re:$130B wiped off crypto markets in 24 hours by mule1 on Monday January 24, 2022 @09:16AM (#30057799)
Except it does
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Re:$130B wiped off crypto markets in 24 hours by endisneigh on Monday January 24, 2022 @09:44AM (#30058159)
How?
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Re:$130B wiped off crypto markets in 24 hours by mule1 on Monday January 24, 2022 @09:55AM (#30058326)
It's common financial advice if you invest in the US equity market index you will get a 7% return a year
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Re:$130B wiped off crypto markets in 24 hours by endisneigh on Monday January 24, 2022 @10:10AM (#30058540)
Over long periods, on average, historically - no one is saying you will always get that in any given year.
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Re:$130B wiped off crypto markets in 24 hours by mule1 on Monday January 24, 2022 @11:14AM (#30059530)
Same with crypto. We have 10 years of data so far.
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[dead]
Re:$130B wiped off crypto markets in 24 hours by carnitine on Monday January 24, 2022 @10:47AM (#30059065)
What? The losses of 2008 were recovered from a few years later.
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Re:$130B wiped off crypto markets in 24 hours by simonh on Monday January 24, 2022 @09:28AM (#30057956)
It historically has grown reliably overall at the market level, but individual equities are not that at all. BTC specifically was supposed to be that, and it isn't.
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