Re:Coinbase stock lost over 75% value
by jshen on Tuesday May 10, 2022 @02:37AM
(#31324152)
That’s using a different index than I used. Neither is right or wrong, hard to define “dot com” bubble stocks precisely
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Re:Coinbase stock lost over 75% value
by scarface74 on Tuesday May 10, 2022 @05:27AM
(#31325101)
Actually I am wrong. The NASDAQ was the index I should have referred to.
https://www.theguardian.com/business/2015/apr/23/nasdaq-new-...
It took 15 years.
Ya'll are talking past each other. Since I made the comment, I will define my terms more precisely. In 2-3 years someone who consistently invests a fixed portion of their earnings/assets into a weighted vehicle/basket will be enjoying an appreciating net worth. I'm not claiming to be able to call the bottom, but I'm also not measuring "recovering" as peak-to-peak. Peak to peak would be past-tense "recovered".