www.ritholtz.com/blo...-bubbles-everywhere/
A good read while the price of Bitcoin is stabilized for now. Spend some time and read this article briefly, and perhaps you might be better informed about where we are right now. Are we still at the beginning of a bigger bubble or we are already poping?
I'm not speculating if we'll go down to $100 or $40,000 or not, its up to you to decide as an investor.
We've been through this for many times since the beginning. Gold, housing, bond market, Japanese Nikki, alt coin pump & dump (one every day), land, radio stock, internet stock (2000), and so on.
I've left all my position in momentum stocks so far. (Tesla, Facebook, Amazon, Twitter, Netflix, and etc)
It was a good ride for the past 3 years with an average gain of more than 90% per year...
A good read while the price of Bitcoin is stabilized for now. Spend some time and read this article briefly, and perhaps you might be better informed about where we are right now. Are we still at the beginning of a bigger bubble or we are already poping?
I'm not speculating if we'll go down to $100 or $40,000 or not, its up to you to decide as an investor.
We've been through this for many times since the beginning. Gold, housing, bond market, Japanese Nikki, alt coin pump & dump (one every day), land, radio stock, internet stock (2000), and so on.
I've left all my position in momentum stocks so far. (Tesla, Facebook, Amazon, Twitter, Netflix, and etc)
It was a good ride for the past 3 years with an average gain of more than 90% per year...