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