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RE: Are crypto assets like real estate? Is there a bubble?

in #ethereum7 years ago

Crypto is not in a bubble yet. Jump in if you have not. Or you will tell the story those who looked down on bitcoin in 2009 are telling now. Just use a disposable fund to be in a safe place.

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Yes its a bubble. Every Bitcoin epic run was followed by correction in the past. From 2011: $30 top of bubble back down to $2. In early 2013: $250 top back down to $65. Late 2013: $1200 top back down to $180. Now is no different. Yes its more stable ... all of crypto but a correction of 30-50% is coming.

As time ticks on more users more adoption and a more mature market. Still no where near massive adoption yet. Next year probably another Epic bubble as mainstream kicks in.

It could go the other way.