Whether you believe crypto to be a bubble or not I actually bring good news.
Everything I write next will ASSUME we ARE in a bubble, so chill if you dont agree.
We have just started to get institutional investors and "smart money" flooding into the crypto scene. If you have been investing in crypto for the past year or two, you have been an early adopter. Now that we have moved past that phase and smart money has begun to get in, we are about to leave what is called the "awareness phase" (see image). From here we move into a "Mania Phase" where institutional investors stop their investments since they are already balls deep in the market, and the public sees the opportunity and begins to jump in.
What this means is that we will soon see the media do more than just mention crypto. They will begin talking about it as if its normal and here to stay. all the while the price is skyrocketing as new investors from the public begin to learn of this "investment of a lifetime". The end of this phase is characterized by smart money and early adopters selling off.
Judging by the duration of the other phases to this point, we have about 3-4 months before we enter full "mania phase", and then another 2 maybe 3 years before we get close to the end of that phase. This means everybody investing right now is going to easily make it, but also dont get comfortable over the next couple years because if this is a bubble, you need to be ready to exit in a few years.
This article was written a few months ago and demonstrates how smart money started their investments already and how the public and media havent become involved as of that date. (August this year I believe)
THE GOOD NEWS! We are at THE BOTTOM of the Mania phase. only 1 in 100,000 people have ever had a Bitcoin address. Billions to be made, and in about 3 years billions to be lost. take care.
Ayden Baker
thanks bruh
Caleb Miller
oh...its THIS THREAD again. fuck off nigger
Alexander Fisher
You're nowhere near Mania. When every Tom, Dick and Harry normie wants BTC, THEN you'll be approaching mania. When you see the crypto TV show equivalent of Flip the House, then you're approaching mania. This shit is just beginning to get institutional investment. The normies don't even have wallets yet.
Kevin Gray
The mania phase is where the public begins to enter the market. The CME has made sure of this. No we arent there right this second, but we are entering that phase.
This is also not a bad thing. It just means we are entering the area with the fastest and highest profits.
Hunter Brown
This is a good thing one way or another. why freak out
Dominic Gonzalez
really?
nobody actually has constructive feedback or interesting opinions on this?
Michael Parker
I mean, I agree and I disagree. Truthfully, I don't think anyone can predict it at this point. We are either the future or just a bubble. Personally I think we are in a bubble that will pop BUT just like the dotcom bubble 10% of coins will go on to be worth more than they ever were at the height of the bubble. This market is not here to stay but the technology is without a doubt permanent, pandoras box has been opened. The real question I'm asking is; What coins are going to rise out of the ashes?
Evan Lewis
tldr
Christian Parker
Exactly, everyone freaking out about whether this is a bubble or not is failing to see that if you were a fucking idiot and bought Amazon and Microsoft stock at the absolute height of the tech bubble, you would be up 10x by now.
Hunter Wright
this has been posted 1,000 over the last 365 days which is why no one gives a shit.
also, pic related
Logan Young
Year if you bagholded for 15 years after the crash. All the guys on Veeky Forums will cash out when shit truly crashes
Caleb Watson
Microsfot SP in December, 1999: $58
Microsoft SP in Decemberr, 2016: $58
Noah Anderson
786th someone posted it since 2013. Still not selling
Oliver Harris
plus dividends
Leo Turner
yes but i was just proving the point that the guy was talking out of his ass. If you bought MSFT at the absolute hieght of the tech bubble your initial investment WAS IN THE RED UNTIL THIS YEAR, 17 YEARS LATER
I'm holding these and will evaluate them this time next year. What I really want to do is cash out to buy a town house paid in full. Then the rest is gravy.
William Ross
actually yes fair point, but if you bought Apple you would only have to wait until 2004 to recover.
Crypto isn't stocks though. Bitcoin doesn't produce a product or have a CEO.
David Clark
Uh what We are already nearing the end of the mania phase for this bubble. We will enter "the new paradigm" in a couple of months, at which point the price will crash and things stay quiet until the next bubble
BTC has been in exponential mode for several months already
Why not pay the usual 20% down payment and keep the rest in crypto? You're unnecessarily locking away money that can be used to make more gains
Gavin Perry
I don't have plans for it right now however if I could get it paid in full in a year I would.
I hate debt. I absolutely hate it. I have no debt now and if I can avoid it I will.
Landon Lopez
Assuming you go all in at the worst possible time. Average in your investment and you won't fuck yourself. If you believed in the company you would have bought the depths of the crash as well. And in the long run you would have done pretty well because Microsoft is still one of the biggest companies in the world
Jayden Perry
The thing is if you BTC then a massive crash is actually pretty good if you're haven't been buying into as of late. You do understand that some people believe in the concept of BTC and blockchain and don't view it as a stock?
Nathaniel Morales
My exit strategy targets 2019 to early 2020 although I may take some profits by mid 2018 depending on how the market is at that time. I don't really need much to be honest, just a simple rural place and freedom from wagecuck servitude.
Chase Campbell
Alright, these are my thoughts, so take them like you want:
I think this is the last push before a major correction. The market as a whole is increasing right now, ETH has a major bullrun right now and probably won't stop before 600$ in my opinion. BTC is also rallying to 10k or even above that. I think once 10k is broken some serious fomo will probably push it to 12k in the matter of a few days. Once these goals are reached, big boys are going to take profits, which in turn sets off the panic selling of recent buyers, which would then trigger a correction of the whole market.
Carter Nguyen
If you're that worried, when you buy a house pay the 20% down payment and put into crypto an amount equivalent to your mortgage. Then put in stop loss orders so you don't lose more than 20-30% of your portfolio. That way even in the absolute worse case scenario you can still instantly cash out and pay off 70-80% of your mortgage
That's what im saying. BTC will crash soon but it will rise even higher couple of years from now. But I disagree that we are just entering the mania phase, we're already well in it and a crash is pretty much imminent
Oliver James
>mania phase
Kevin Morris
>1999 >buying Apple Only 3 years before it was on the edge of bankruptcy, still marginal computer manufacturer.
Easton Allen
The question remains though...will they buy my bitbean??
Asher Reed
it's going to 10k this year, 50k next year, 100k the one after. it can only go up, as long as the Tether is being printed, the bots are working 24/7 and miners are greedy. AAHAHHAHAHA all you have to do is hold. ALTS ONLY EXIST TO MAKE YOU LOSE BTC VALUE. AAHAHAHAHHAHAHAHHAHA just buy and hold. Those who margin long will make a lot of money, since it only goes up. Bet against the shorters and you can only win. The exchange will liquidate all the shorters. When you know the house always wins, it's so easy to make money, as you only have to bet in favor of the house. Bitfinex and Tether are unstoppable. HAHA XD
