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Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.

Is any cryptocurrency such a thing?
According to this, buying most stocks is also wrong, and those whom stayed out of the stock market since 2010/2011, or were short, lost money in real terms.
Do not interpret this reply as an implication about now, just think about your advise in retrospective.
Those whom followed it in the past, lost.
Rarely, your advise can save money, but usually, it prevents profits.

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