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RE: Lightning Strikes! Why Bitcoin is STILL a Bubble

in #bitcoin7 years ago

I dont agree... people say gold is a bubble but it's it really the only bubble is see is fiat currency. Saying the cryptocurency market is a bubble is abit premature I think as it's a totally new market and can not be compared to any other market. I do agree with the market being overvalued but and most of the coins don't have a working product or service that is try and tested is very true but the same could be said about the internet back in 1993. Most of the 98% crap coins are gonna die and the real projects that have real value will shine in the end. As a investor you have to take calculated risks otherwise you will never be successful. Even if 1% of the projects succeeds that could be the next gold mine. But your right only invest what you are willing to lose that way you don't worry too much.