I've recently found that there are quite a lot of people who think in this way.
Binary thinking. Yes or no.
And I think that's very wrong.
Many things aren't black and white.
A lot of time, it depends many factors, on the situation, the time, the generation, etc.
For example...
Cryptocurrencies.
Some people think it's the thing of the future. Some people think it's a bubble.
Why can't it be both?
It could be a bubble like tech stocks were in 2001. But in the long run, it also could be the thing of the future.
Is this discussion even important?
If you want to buy, then you buy, if you don't want to buy then don't buy.
In the end, big cat, small cat, black cat, white cat, it's still a cat.
If it catches a mouse, it's a good cat.
If someone manages to make money with crypto, regardless of short term trading or long term investing.
Well... good for this person....