Are Crypto Valuations Way Outstretched? Trend is Your Friend Until it's Not
The total crypto market is now over $800 BILLION dollars in market cap. Has speculation driven the current valuations to a point of over-extension? Let's talk about the current growth in the crypto world, how much might be left to come and mindset moving forward.
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Ive been giving more and more thought to taking 25% of my crypto and putting it back into USD for a correction. We have seen several times over the past months suddenly 50 to 100 billion can disappear from the market cap and when that happens if you had USD ready to buy the dip you'd be a happy camper.
Problem is the same as always though, selling too early is as bad as buying too soon.
Great post.
I'm still all in on crypto where I feel comfortable, but I've been more and more thinking about a legit market crash strategy
Well said.... I am also thinking about a legit market strategy @ctyptobobby
follow me man i do analysis i know when the price is gonna tank and when its not .
You will only get flagged if you keep doing this.
@newlifeabdo
follow me man i do analysis i know when the price is gonna tank and when its not .
I won't sell! HODL for life!
I feel as though we have made such a great return that we're at the point where if everything crashed 80% I would still be in the profit. I have not slowed down on dumping more money in. While we are getting closer and closer to bubble territory, the bubble is moving only slightly slower than the pin. That's my opinion. I think We will get closer to the big even of 1 trillion Mcap.
People need to keep in mind that every financial market experiences bubbles and when it pops...it doesn't mean it's all over. Nobody should be surprised when it does pop...just be ready to buy the dip again. As fast as crypto moves...it would pop and recover within months or less.
Amazing man great analysis thanks for information
I think cryptocurrency has gotten it ground and a firm foundation, with Banks partnering cryptocurrencies, I think now is the best time to invest in crypto, there are a whole lots of growing crypto one can invest on, you can also consider the ones recommended by @cryptobobby.
thank you friend for your information
stocks can be gifted a market cap... Whether or not they grow into it in a timely fashion has as much to do with how they market themselves as how they market themselves tk the investing public... With coins it's a whole new world!!
time for equities to take a kick in the pants and viable cryptos to keep rising and expanding / / steem on !
It's hard to tell. It seems like the crypto world is unstoppable right now, but then again so did the dotcom bubble. If this is a bubble, it's not easy to say right now when it might pop.
If this is the dot com bubble all over again we have only just started if you believe this.
I tend to believe the same, that we are in a mid-stage of the potential bubble. Interestingly, retail investors are just getting in and are 10 times bigger in population relative to the late 1990s. There is sure a lot of cash and capital floating around ready to move into markets. However, if we look at a similar chart of market cap % increase, we are actually past what the Dotcom bubble did. Also, have in mind that some of the $10 trillion in market cap were big players that exist today (i.e. Microsoft, Intel, etc.). As you can see, the market cap settle at 40% of the top so expect flight to quality when it is said and done.