Nothing is guaranteed or assured and Bitcoin is not an exception. Anyone who is into Crypto currencies should actually know what he is in to.
It is all about keeping a good calculation and following up on what is happening. Overall, Bitcoin investment shouldn't be one's live savings but a substantial amount that can easily be withstood in event of any unfortunate events.
Topic: Crypto hype and how to be ahead - page 3. (Read 1013 times)
I don't think we are anywhere near a bubble as yet, google search the dot com bubble comparison to bitcoin and you will see. Good luck and as a wise person mentioned earlier, only invest what you're willing to lose.
The main problem of cryptocurrency (and its friend,foe and lover) is the volatility. Without it, hardly anyone wanted to invest the money. For me personally, crypto a great opportunity to get a profit on the project to analyze can a person without knowledge of technical analysis. All the cases that track the news background to the coin\ICO, to analyze the team and the technology at the stage of project selection. On the classical stock market never like to double or triple profits in a short period of time. And as far as I know, for trading on the stock market need to be a professional investor and the entry price to the classic stock exchange is very high.
I believe when btc will be at its peak people will just pay much more attention to alts, why would crash take place if blockchain technology will only be adopted worldwide?
I believe this is indeed a valid concern. In the long run, a few of the best cryptocurrencies will survive and make it big, while most of the 1400 or so cryptos will be destroyed when this bubble bursts. Those who hitch their stars to the survivors will do just fine in the long run. So the trick is to know how to choose your coins well.
My approach has been to invest most heavily in the best (and most undervalued) privacy coins I could find. I chose privacy coins because it is inevitable that they will experience a surge in popularity, perhaps even become the foremost type of cryptocurrency, as governments everywhere enact regulations aimed at imposing the same tracking and control over crypto transactions as they currently impose on fiat. The more onerous and privacy-invading the regulations on crypto become, the more there will be a surge in popularity of truly private, anonymous cryptos. So, by choosing that sector to invest in, I am increasing my odds of surviving a market crash, because privacy coins in general are likely to fare better in a crash.
Of those, I look for solid coins which are as yet off the radar and deeply undervalued. This way, I not only increase my odds of surviving a crash (by being invested in solid tech with a strong market demand), but I also am positioned to reap huge gains in the event that the market does not crash, or goes much higher before it crashes (by being invested in coins which still have huge upside potential).
My approach has been to invest most heavily in the best (and most undervalued) privacy coins I could find. I chose privacy coins because it is inevitable that they will experience a surge in popularity, perhaps even become the foremost type of cryptocurrency, as governments everywhere enact regulations aimed at imposing the same tracking and control over crypto transactions as they currently impose on fiat. The more onerous and privacy-invading the regulations on crypto become, the more there will be a surge in popularity of truly private, anonymous cryptos. So, by choosing that sector to invest in, I am increasing my odds of surviving a market crash, because privacy coins in general are likely to fare better in a crash.
Of those, I look for solid coins which are as yet off the radar and deeply undervalued. This way, I not only increase my odds of surviving a crash (by being invested in solid tech with a strong market demand), but I also am positioned to reap huge gains in the event that the market does not crash, or goes much higher before it crashes (by being invested in coins which still have huge upside potential).
Shorting Bitcoin would be crazy, have a look what Antonopolus says about that topic on Youtube.
Is not going to happen anytime soon, not only crazy but may change completly the market.
Shorting Bitcoin would be crazy, have a look what Antonopolus says about that topic on Youtube.
How can there be a bubble - what idiot what invest their life savings into Bitcoin. Like the user stated above invest what you can afford only.
I have been saying it all along. Only invest what you can afford to lose. We all know the rise is unsustainable in the short term, people's fingers will get burned and lots will lose out.
Please only invest what you can afford to lose.
Please only invest what you can afford to lose.
How can we prepare for this? I think it can happen in 2-3 years but not now
Bitcoin keeps growing all times high...BTC
I think that we might have a house bubble situation of 2008. When everybody had gone buying up thinking that it is bulletproof. Relying on analysts saying that bull market is here for the next decade. There were people who kept chanting that it would keep growing and house potential is nowhere near its ultimate height. A majority of big bankers and big speakers all were seemingly convinced of it.
Then it crashed and everybody suffered. Except for few. Except for very few who analyzed it rationally and predicted the fall accurately. These few made huge returns by shortening the housing market years ahead.
I'm not the first person to voice a concern about the potential crash of "air currencies" (crypto). General advice from conservative consultants is not getting in and keeping it safe. But I wouldn't post in this forum if I thought this was a good advice.
What I'm really interested in is how to make money out of the potential crash. Those people who bet against housing market started doing it a long time before the actual crash. Years ahead. The big risk is to loose all your money while doing it. So I won't go shorting bitcoin for a year because that's just crazy.
But I'm keen to start a discussion to figure out where to put money to multiply them ten-fold in a possible crash scenario that will hurt 90% of other crypto portfolios. This bubble burst might only come in 6 months, 12 months, 24 months - nobody knows. But I want to be prepared to gain on it.
What are your ideas on how to play the edge and be ahead
upd. Ways to diversificate
1. Сrypto investment funds such this one - CryptF:
https://cryptf.io/
https://www.youtube.com/watch?v=07LBDmzgSuE
https://t.me/cryptf
2.
3. Your suggestions
I think that we might have a house bubble situation of 2008. When everybody had gone buying up thinking that it is bulletproof. Relying on analysts saying that bull market is here for the next decade. There were people who kept chanting that it would keep growing and house potential is nowhere near its ultimate height. A majority of big bankers and big speakers all were seemingly convinced of it.
Then it crashed and everybody suffered. Except for few. Except for very few who analyzed it rationally and predicted the fall accurately. These few made huge returns by shortening the housing market years ahead.
I'm not the first person to voice a concern about the potential crash of "air currencies" (crypto). General advice from conservative consultants is not getting in and keeping it safe. But I wouldn't post in this forum if I thought this was a good advice.
What I'm really interested in is how to make money out of the potential crash. Those people who bet against housing market started doing it a long time before the actual crash. Years ahead. The big risk is to loose all your money while doing it. So I won't go shorting bitcoin for a year because that's just crazy.
But I'm keen to start a discussion to figure out where to put money to multiply them ten-fold in a possible crash scenario that will hurt 90% of other crypto portfolios. This bubble burst might only come in 6 months, 12 months, 24 months - nobody knows. But I want to be prepared to gain on it.
What are your ideas on how to play the edge and be ahead
upd. Ways to diversificate
1. Сrypto investment funds such this one - CryptF:
https://cryptf.io/
https://www.youtube.com/watch?v=07LBDmzgSuE
https://t.me/cryptf
2.
... cashout and put it in something less volatile than cryptocurrency for exemple by buying a house, or go back to school, education is a great investment in my opinion.
3. Your suggestions
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