Here is the typical sign of a bubble
Here is the graph for bitcoin:
HOLD ON to your Hats !!!! ITS GOING TO BE A BUMPY RIDE!!!
bubble market ? ....Maybe
8 years ago by williebeaman (42)
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All cryptocurrencies are in a bubble at the moment. There are a ton of investors throwing their money into it speculatively without any understanding of the tech.
There will be winners and losers but which ones will be which remains to be seen.
I'll get the popcorn :)
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I think this isn't the last major downturn befor the great upward rise of bitcoin.
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I hope you're right. The fate of many alt coins depends on it.
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"U only get hurt on a roller coaster if u try to get out of it"
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hahahaha!! very true
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I've really been on the fence about whether to go out and start buying bitcoin. They put in a bitcoin ATM near me now so I'm contemplating adding $50 to bitcoin every week. I figure I waste that much money on things like coffee. Do you think this is something I should start doing? I see it as money I'm throwing away that way worse case is I lose. Best case is sky's the limit.
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absolutely, there are people who have put there life savings into this knowing that the value really is there. despite this recent dip or correction which I believe is still going. I'm going to incrementally keep adding small amounts to the portfolio
I recommend it. as long as it is an amount that you would lose sleep over to contribute that go for it.
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Would you recommend anything else besides bitcoin and steem? Really quite new to this. Appreciate all the help I can get.
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you can park your coin into Tether "USDT" on poloniex it hold the same value and doesn't fluctuate
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I will have to check that out. Appreciate the advise. There's a lot to learn being new to this whole world.
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absolutely, the space will continue to grow and there will be changes and improves. I expect a rebound but this is a correction that was over due. and USDT - "Tether" can allow you to park your money to weather the storm
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