If anyone watches the end of this and is inclined to join Gemini - just know that I've been waiting to get my account validated there since December 18th - so don't expect a quick set up and set up long before you actually need it. (No other exchange ever took remotely this long to approve.)
One thing I've noticed especially lately is there are certain YouTubers (I'm not talking about this OP who happens to be my favorite crypto commentator) who when they do a hype video about a coin - the coin will pop. Of course it's not because of them and of course they don't have inside information, but they seem to be a good barometer of the hype. I remember this exact phenomenon in the dot com boom. There was a way to trade that was basically forget the value of the stock - pay attention to the hype and find some key barometers - like when these two sources are talking about it you know the hype train has started. Get in... then get out after the first move and then just stay engaged to see if it's worth getting in.
The follow up old joke then was "and when your Mom talks about it, sell." Interestingly enough, my Mother mentioned bitcoin to me when it hit $20,000 per coin.
Yes, it's becoming a lot more like the peak of the dot com bubble although I don't think we are quite there yet: My plumber hasn't made me any cryptocurrency recommendations yet...
I've taken to mentioning Bitcoin and cryptocurrency trading to random people I meet, just to see what awareness is out there. I meet few who are aware and those that are aware are wary. So in Oxnard CA the hype does not seem to have started.
As the dot com bubble was inflating, we didn't really have the internet as we know it today, IMHO. Now we meet in virtual locales like this through our shared interest in the topic, so it may provide the illusion that awareness and the hype is widespread.
I don't watch TV and have not for about 14 years. Are there TV ads encouraging people to invest in cryptos? That would be a harbinger of the bubble ready to burst.
Regards,
Rick