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RE: Jamie Dimon regrets calling Bitcoin a fraud

in #bitcoin7 years ago

I am not sure what will buffet do, but I believe, many who publicly say cryptocurrencies are bubbles, have also invested in cryptos some portion of their financial resources. It is a pure nonsense not to use the opportunity and make some money. Even if it is a bubble, it has long time yet before it bursts.

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Even if it is a bubble, it has long time yet before it bursts.

It could take a year, and a 25x rise in total market cap ... or the bubble could burst tomorrow, you never know. I don't own much crypto at the moment, it's a big risk ... but also with big possible rewards.

Also, how much would it fall when the "bubble bursts"? Even a 60% fall in value would leave most cryptos more valuable than what they were some few months ago ...

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