Are Crypto Valuations Way Outstretched? Trend is Your Friend Until it's Not

in cryptocurrency •  7 years ago 

The total crypto market is now over $800 BILLION dollars in market cap. Has speculation driven the current valuations to a point of over-extension? Let's talk about the current growth in the crypto world, how much might be left to come and mindset moving forward.

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Ive been giving more and more thought to taking 25% of my crypto and putting it back into USD for a correction. We have seen several times over the past months suddenly 50 to 100 billion can disappear from the market cap and when that happens if you had USD ready to buy the dip you'd be a happy camper.

Problem is the same as always though, selling too early is as bad as buying too soon.

Great post.

I'm still all in on crypto where I feel comfortable, but I've been more and more thinking about a legit market crash strategy

Well said.... I am also thinking about a legit market strategy @ctyptobobby

follow me man i do analysis i know when the price is gonna tank and when its not .

You will only get flagged if you keep doing this.

follow me man i do analysis i know when the price is gonna tank and when its not .

I won't sell! HODL for life!

I feel as though we have made such a great return that we're at the point where if everything crashed 80% I would still be in the profit. I have not slowed down on dumping more money in. While we are getting closer and closer to bubble territory, the bubble is moving only slightly slower than the pin. That's my opinion. I think We will get closer to the big even of 1 trillion Mcap.

People need to keep in mind that every financial market experiences bubbles and when it pops...it doesn't mean it's all over. Nobody should be surprised when it does pop...just be ready to buy the dip again. As fast as crypto moves...it would pop and recover within months or less.

Amazing man great analysis thanks for information

I think cryptocurrency has gotten it ground and a firm foundation, with Banks partnering cryptocurrencies, I think now is the best time to invest in crypto, there are a whole lots of growing crypto one can invest on, you can also consider the ones recommended by @cryptobobby.

Great post. It seems sometimes it's really overvalued now. Take for example Ripple, it has moved up 30k% in a year, so much so that the CEO is as rich as Mark Zuckerberg and the Google boys... That seems too much of a stretch given the current real world utility of Ripple. But who knows...

new year 2018 best post of this,, really it is very nice post about crypto,,but dollar must be in wallet,, if you wana get best crypto,, it is also true some time,, many coin got fall,, you advised true,, we should also do research in this matther what coin is best,, but sir,, if no one has info,, your post is best guide line for them,,

It's hard to tell. It seems like the crypto world is unstoppable right now, but then again so did the dotcom bubble. If this is a bubble, it's not easy to say right now when it might pop
Thanks for your valuable opinion @cryptobobby

Cryptocurrency have come to stay, is not bad idea to keep investing in it. Nice one.

I agree. Don't put all your eggs in on basket. Invest in other commodities

Someone helped me with a few dollars. I need a lot of money If you give something from your dollar, you will not have much trouble. But it will help me a lot.

excellent publication, one of the first reasons why this type of currency has not been totally ingrained in the world is the ignorance that some people have in reference altema, that ignorance translates into fear that evidently brings as a consequence a total distrust for some people to name and recommend the use of that type of currency, is my humble opinion in relation to your post, greetings

Thanks for this informative post!

I do think that crypto is in a bubble. However I do not think it is anywhere close to popping.

stocks can be gifted a market cap... Whether or not they grow into it in a timely fashion has as much to do with how they market themselves as how they market themselves tk the investing public... With coins it's a whole new world!!

Yeah, start scraping of your profit and resign it to other investments in your portfolio. I will be investing mine in silver. I am going back to the basics.

do it all

Great waves are coming especially with litecoin when litecoin debitcard is implemented! Hope for the best!

time for equities to take a kick in the pants and viable cryptos to keep rising and expanding / / steem on !

woooow nice

  ·  7 years ago (edited)

I believe that we have moved up one order of magnitude since the dot com bubble. This means that was 10 trillion 20 years ago will now be 100 trillion. In USD valuation, I would not be surprised at all to see 100s of trillions in the next few years. Central banks will be scrambling to claim their percentages in the new economy.

Also, this is a completely new financial paradigm. Looking at it in pure USD capitalization is maybe a limited point of view.

Cryptobobby is constantly talking about USD valuation. I get the notion that he is mostly concerned with increasing his bank account, and crypto is a way to do that. The future thinkers will realize that a huge, "correction" is not a big deal if you have coins in chains that are secured with huge hashing power and solid PoS. This is why HODL is a culture.

do you train your trading ?

It's hard to tell. It seems like the crypto world is unstoppable right now, but then again so did the dotcom bubble. If this is a bubble, it's not easy to say right now when it might pop.

If this is the dot com bubble all over again we have only just started if you believe this.

I tend to believe the same, that we are in a mid-stage of the potential bubble. Interestingly, retail investors are just getting in and are 10 times bigger in population relative to the late 1990s. There is sure a lot of cash and capital floating around ready to move into markets. However, if we look at a similar chart of market cap % increase, we are actually past what the Dotcom bubble did. Also, have in mind that some of the $10 trillion in market cap were big players that exist today (i.e. Microsoft, Intel, etc.). As you can see, the market cap settle at 40% of the top so expect flight to quality when it is said and done.

Promotion this

Always BTMFD!

What’re your thoughts on buying Ethereum on a retest of $1000?

thank you friend for your information

Good post, I am a photographer, it passes for my blog and sees my content, I hope that it should be of your taste, you have my vote :D greetings

This is why its essential to know how to read a chart and know where price action is heading and coming from.. i know when to buy. i know when the price will be in a certain area by a certain date. i think you guys should follo wme . i have telegram group wher ei post my analysis and also have tradingview you can see as proof. peace. upvote4upvote also

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