In some aspects it was actually better back then - more difficult to get into the stock market, today a few mouse clicks is enough.Compare stock market in 1970s vs stock market now. All that needs to be said. Just hold.
"The original Nifty Fifty was a group of large cap stocks in the 1960’s and 1970’s that were billed as perfect buy-and-hold forever types. Combine that with the raging equity bull market of the time (and the fact they were all solid growth stocks as well) and you got the recipe for some really lofty valuations."
Maybe history doesn't repeat itself but it often rhymes.