I think is a great view. Some now are confusing volatility with a bubble. A bubble is an special event where almost all taxi drivers in the world are telling you: invest in crypto!
It's only a bubble when your next door neighbor tells you how many Eth they just bought...Still far from a bubble, but a deep correction is very possible:)
Interesting... I think the crash will be a few more years out. I expect a stock market crash first and the money to pour into crypto and Silver. But we will see how it plays out. Upvoted and followed!
So... do you think we are in the take off phase? How would that explain the recent corrections?
Wouldn't all the press and media coverage point closer to the mania phase? Or, do you expect more mania to occur?
I think is a great view. Some now are confusing volatility with a bubble. A bubble is an special event where almost all taxi drivers in the world are telling you: invest in crypto!
"all taxi drivers"! I love it... so true!
im gonna share this til im blue in the face.
but of course we need to keep a lookout for the big banks setting these traps
ah you are the guy on the left, small joke ;-)
I definitely agree. The hard part is deciding where we are now though. We could be at the peak or right before the bear trap right now. No one knows.
It's only a bubble when your next door neighbor tells you how many Eth they just bought...Still far from a bubble, but a deep correction is very possible:)
Would be nice to see a correction!
Yeah, and there's many of these cycles along the way to "Moon". First big selloff is coming. Perfect post!
Interesting... I think the crash will be a few more years out. I expect a stock market crash first and the money to pour into crypto and Silver. But we will see how it plays out. Upvoted and followed!
If you like art/photography check out my page: https://steemit.com/@nspart
So... do you think we are in the take off phase? How would that explain the recent corrections?
Wouldn't all the press and media coverage point closer to the mania phase? Or, do you expect more mania to occur?
Would love additional detail on your thoughts.
Well at least we are smart money. We can potentially make 2500+% before it collapse. :D