Ok, so that may be the time to 'pump', but how do you know when to 'dump'? ..that is, before everybody else does and you lose your shirt!
XRP: I remember on another 'pharma' forum many years ago there was one user there really touting XRP as the coin to have. I bet he made out pretty well. Assuming he held it long enough...
this "how do you know when to dump" mentality is what makes people round trip their positions.
if you invest money into something, and you're turning over a profit - why would you wait until the perfect opportunity to sell everything when you can take out bits and pieces along the way? when you get your paycheck from work - do you spend all the $ you plan to spend until the next paycheck the absolute second you get it all at once or do you pay one bill here, buy some groceries a day later, pay another bill that night, refill your gas at the end of the week, etc etc.
this all or nothing mentality is greed at its finest and you won't make it far in the markets with that approach.
look up "market phase cheat sheet" then go study that in relation to any chart and you'll see that everything in every market trades exactly the same they're just on different time scales. it doesn't matter if it's the dollar, bitcoin, a meme coin, wheat futures, copper contracts, ten year bonds — they all follow these phases. but what could happen on a meme coin in the span of 7 days might take 7 years to play out on something like Nvidia but at the end of the day you can look back and find a laughable amount of similarities between them.
it sounds like you're looking for an "investment" and my last 10 years in the market has clearly shown me thay the idea of being able to "passively invest with the goal of long term retirement" is just some spiel narrative by wall street to attract liquidity to offload their positions.
people will refer to all the crashes on the s&p since the great depression and use the fact we recovered from each one as a means to push the agenda that things like the s&p "always go up in the long run"
yeah... so what happens when it doesn't?
what if the NYSE decides to prop some new index and funnel all the market cap from the s&p into that one instead? it wouldn't be an overnight thing but these are feasible scenarios.
a bit of a side note, this was a pretty funny statistic i saw a couple days ago - the people who invested in gold at the top 600 years ago and held it down refusing it admit they were wrong wouldn't have broken even until... last week. (i guess i bring that up one part bc it's a crazy stat and also to emphasize that you need to constantly be evaluating if your thesis is WRONG in the markets when most people look for confirmation bias to AVOID admitting they're wrong)
!