Crypto in every single way is going parabolic. I've made good money and I believe in crypto and gold. I believe that the fundamentals of the majority of the major nations are about to turn for the worse. Low to negative interest rates, increasing amounts of debt, stock market bubbles, money printing, asset price manipulation are all causing people to find a safe unmanipulable, bank crash proof asset to store their wealth. I believe that's a major reason why crypto is skyrocketing. Speculators are definitely in here to make a buck and I myself have stopped trading because I'm losing more profit trying to trade then hold. I'm pretty sure i'm not the only one that realized trading is not as profitable as holding (especially if trading is not your specialization).
All that being said, when you see commercials for gold, crypto or whatever is hot, that usually screams bubble...... Anyone else seeing increased advertising for crypto and think this is a bubble?
People laugh at me when I say this, but this looks like the dotcom bubble all over again. That being said, some strong cryptos will survive and many will die.
Only time will tell if I'm correct, but all the things people are saying now they were saying in 1999. "It's different this time!!"
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LOL. I agree.
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That is interesting to hear...especially from someone who's experienced it. I was in middle school when the dotcom bust happened. My family business did get worse then as well but not enough for me to understand or notice.
I'm not holding any crazy speculative crypto yet. Mostly just bitcoin, ethereum and some litecoin.
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nice, thanks for sharing
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it is a bubble.. but it's a new bubble and it will spawn many new bubbles after that. I think you're right. Traders are making a
KILLING
out there. I've been watching the traders and they are 'coining' it pardon the pun. holding is a gamble because some of the coins will just evaporate. You should always consider the possible future of a project. you're only getting served monaco ICO because the algorithms know what you've been looking at.. yes money will be lost, but some lucky holders will do
Just Fine
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