The first one probably expresses your thought better, but it really is too absolute and will no doubt be argued by many. The best known saying in this sense is:
~Time heals all wounds.
But you can find numerous articles and speeches that argue against it. I don't need to point out the kind pain from deeply personal losses that many people carry to their graves. Consider this Hebrew saying that is not quite as unequivocal:
~Time is a great healer.
Anyway, here are a few other sayings you can ponder:
~Time destroys all things. (Dutch)
~Time heals old pain, while it creates new ones. (Hebrew)
~Time is anger's medicine. (German)
~Time works wonders. (Danish)
~Time, wine, women, and fortune, are ever changing. (German)