I’m probably the wrong person to ask that haha. Ive been trough a few, you get thicker skin after a while. Ive held through 90% dips twice now (i know, i know, but glad i did)
Ive held Bitcoin since it was 18k, then down to 3 K until today. Instead of panic selling i “loaded the truck” at 3 k when everyone was telling me it’s going to zero.
i understand, and fair enough. Peoples situations are obviously different. If the markets went down 20 % I would go about my day as normal. Continue to live off my monthly income. Maybe cash out less than 4% of the investments that year, though not really necessary.
20-30% corrections are to be expected. And id rather weather that than risking substantial amounts in a single currency.
that is why you invest i a worldwide index fund. Not individual countries or companies. The risk is higher that a single currency currency hyperinflate than all world markets collapse at the same time 🤷🏻♂️
Besides markets typically rebound. Currencies typically don’t when they collapse.
Anyway, people can obviously do whatever they want. And personally I have a higher risk tolerance, so I don’t keep it all on a worldwide index fund.