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RE: Are we in a Cryptocurrency Bubble?
I've earned millions online since 1999, with everything from the beginning of PayPal to the end of paid porn. Cryptocurrency is just getting started. Bitcoin at $10,000 and Ethereum ts $1000 is inevitable, and will happen faster than most expect.
Gnosis is definitely not a good investment, and most smart crypto investors know that. Prediction markets is a very lame idea
We are not all good traders like you though. I can't say with 100% certainty and I wouldn't even pretend to I just feel the way people are behaving suggests it but the only way to know is to wait and see.
buy and hold is the best way to flow, I trade because I have time to trade and increase my holding
That is what I am trying to do too. It is very tempting and easy to get caught up in FOMO though.
the safest bet in crypto is steem and bitcoin, that's why more than 50% of my crypto will always be in steem, sometimes I think the only reason I am in other cryptos is to use the profits to buy steem
Bad traders will lose their money and learn not to trade while good traders will earn money. There are currently no safe places to store wealth in Ethereum. It's all one big gamble. When there is a place to hold an asset and get 8% interest annually then you'll see a lot less going into high risk ICOs but right now that doesn't exist as there is no stable currency in Ethereum and no passive income sources.
Yes.
i agree, this is all just getting started. money (fiat currency) is now flowing into the whole cryptocurrency market, the marketcap is growing with every second, as a result of low interest monetary policy and low-yielding investment opportunities, and lastly the war on cash around the world.
a lot of crypto currencies will go to zero, some will prevail and explode in value. the most interesting thing is actually that not all crypto tokens are actually meant to be currencies, but to be like shares of the blockchain companies/applications. safest bets are bitcoin and ether in my eyes, especially because most other cryptos are traded on exchanges and you need bitcoin to trade. demand will stay high, and interest in the blockchain market is high.
i guess there will be a bubble at some point, but we are not even close yet.