Collapse ?
You mean BTC from 1100$ to 200$, LTC from 40$ to 1.5$ ?)
I don't think it's a collapse. Just remember their price when they first came on the market
Or 3 years ago - BTC 15$, LTC 0.075$.
This is a big "game". And NAV only in the beginning.
I missed to write "long term investment", but it was implicit.
Perhaps the term "collapse" may have other meanings, but with values 40 to 2,
I think "collapse" or "crumble" can give a good idea.
So I think we can agree in summarizing one of the important thing is the timing of entry and
that probably for NAV one of better moment is now, before the NAV can grow at its peak.
IMHO Saying it in this way, it seems to me give a better prospective.