It's still early, there's plenty more money that will come into crypto over the next few years yet, when your neighbours start buying that's when you should consider getting out.
Saying that, there is going to be some winners, not all are shitcoins. Just like not all tech companies in the dotcom bubble were without value. Companies like Cisco lost a huge amount during the crash, that was obviously a great time to buy their stock and make a huge amount of profit. Pick cryptos with fundamental value for holding long term, the others will rise and fall back to nothing.
Topic: When will the bubble pop?? - page 2. (Read 2258 times)
BUBBLE POP WHEN MAJORITY OF ZEROHEDGE COMMENT FAVOR CRYPTO OVER METALS
OR... WHEN MOMMY ASK ABOUT BITCOIN
OR... WHEN MOMMY ASK ABOUT BITCOIN
About the bubble. I'm not so sure bitcoin itself is in a bubble, but these shitcoins most definitely are.
I don't mean to say that Bitcoin is in a longterm bubble, but it is certainly nearing a short term bubble. It has bubbled at least twice before, and I don't think it is immune to it.
You should share your answer! In my experience, these are really hard to predict.
That's the thing, they are super hard to predict. I am thinking it is a matter of months. Whether it be a couple months or closer to a year's worth of months is where it gets murky for me. If I had to pick one, I would say closer to two months than a year's worth of months.
This is pure speculation though 
Yep, that's the fun part about this. All posts will be purely speculation- no one is right or wrong. I am just interested in everyone else's guesstimates!
I guess the question is about "When current train will crush, so that you could jump on the newly build one?"
Effectively, yes, that is the question. Correctly guesstimating this question (and acting on it) can allow you to increase your crypto portfolio by quite a lot. Probably at least 4x to 5x the current value.
I guess the question is about "When current train will crush, so that you could jump on the newly build one?"
Its a fun to observe hysteria on 35B market cap play yard, FX guys ROFL.
Its a fun to observe hysteria on 35B market cap play yard, FX guys ROFL.
I think the main driver behind this bubble is Ethereum's enormous and rapid growth, so the bubble will probably pop either when some bad news about Ethereum comes out, or people begin to take their profits and demand dwindles. Whichever comes first. This is pure speculation though
Anyone that has been around here for a while probably realizes that the crypto markets are in a bubble. There have been crazy gains over the past year and/or months, and the upward trend is simply unsustainable forever. It may be time to start considering diversifying into more stable assets, such as FIAT/commodity derivatives such as bitUSD, Tether, bitGold, bitSilver, Nubits, etc... (any other suggestions?)
Now, to the point of this thread... my question is not if, but when do you think the bubble will pop? Are we talking weeks, months, or another year+? I know my answer, but I am curious what everyone else thinks.
You should share your answer! Now, to the point of this thread... my question is not if, but when do you think the bubble will pop? Are we talking weeks, months, or another year+? I know my answer, but I am curious what everyone else thinks.
In my experience, these are really hard to predict. I can see it as a bubble today, but it was also a bubble a month ago, and even 6 months ago. The markets can remain irrational for quite a long time. Remember in cyrpto there is always an influx of new money that can come in, considering it is so small compared to traditional assets. Small moves from the traditional financial world to crypto-financial world can cause huge changes in price.
bitUSD, Tether, bitGold, bitSilver, Nubits, etc... (any other suggestions?)
I agree about the general concept of diversification, but I wouldn't put any money into any of the above--mainly because I have no idea what any of those things are.The stock market is pretty far along in the bull market, and a lot of stocks are super inflated already. Normally I'd suggest putting money there. Precious metals are definitely not in a bubble, so that might be a wise choice. And when interest rates rise, normal interest-bearing things might start making sense, too.
About the bubble. I'm not so sure bitcoin itself is in a bubble, but these shitcoins most definitely are. I wouldn't touch any of them with your filth-encrusted ten-foot pole. There's no way any of them are going to retain their value beyond a year. But what you're asking basically is how long can investors remain irrational, right? There's no way of knowing, but people have been known to be stupid long-term.
Anyone that has been around here for a while probably realizes that the crypto markets are in a bubble. There have been crazy gains over the past year and/or months, and the upward trend is simply unsustainable forever. It may be time to start considering diversifying into more stable assets, such as FIAT/commodity derivatives such as bitUSD, Tether, bitGold, bitSilver, Nubits, etc... (any other suggestions?)
Now, to the point of this thread... my question is not if, but when do you think the bubble will pop? Are we talking weeks, months, or another year+? I know my answer, but I am curious what everyone else thinks.
Now, to the point of this thread... my question is not if, but when do you think the bubble will pop? Are we talking weeks, months, or another year+? I know my answer, but I am curious what everyone else thinks.
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