Assuming that it's a bubble, then it has to burst soon.
Not necessarily--bubbles can go on for years, you know. Just look at the internet stock bubble circa 1995-2000, and that's just one of many that went on for a long time.
But what's the question here: whether we're in a bubble or how much our total asset portfolio should be in bitcoin? If it's the latter, I'd say around 5%, but only if you can afford to take that amount of risk in the first place. It's not as though bitcoin is an historically stable investment. If you're a young person with a good (and stable) job, you could probably invest more than 5% and not have it sting if bitcoin crashes--but you've got to have the stomach for it either way, because owning bitcoin is like riding a roller coaster.
I don't keep anywhere near 5% of my measly investment money in bitcoin, even though I'm a fan of it. I'm a bit older and can't afford to lose what I've got.
You're wise in deciding that it shouldn't go more than 5% with the factor of your age. I've seen the same thought of how much they would invest depending on their status, age, and take on bitcoin. I wasn't able to witness the internet stock bubble during those years because I was still young by that time, it's a great share of history to know about it. Thanks.
As per coinmarketcap.com, the total bitcoins mined is 18,603,550 which leads to a remaining unmined bitcoins of 2.3M. Considering that bitcoin is a limited supply cryptocurrency, that's already a very few amount while it's starting to become known worldwide. But due to halving, it is slowing down which is assumed the last bitcoin will be mined by 2140.
You also have to consider the lost coins because there seems to be a lot floating around the void never to be seen again.
Yup, those lost coins forever make bitcoin rarer.
Assuming that it's a bubble, then it has to burst soon. But with its adoption rate that we see based from the news and the scenario that we had right now, I doubt it that it's a bubble.
Not all bubbles burst really fast, considering the waves in the bitcoin market back then with all the sharp turns and curves, I think that in a way it is a bubble.
Yup, that's what I've just learned earlier with what I've quoted above. I thought of it as not a bubble since the "assumed bubble on 2017" has burst and since a year ago, we've been down. With all the news of adoption, fundamentals, and acceptance of the society on it, that sums up to the natural growth of it.
. the increase or profit in altcoin is also large, in my opinion, the capital does not need to be too large. we can develop if we can see the market
