Thoughts on the Unavoidable Bitcoin Bubble
As many of you know the Bitcoin bubble will eventually pop, not necessarily killing our beloved bitcoin but most likely a healthy correction. When this bubble pops people are gonna have a hard time cashing out of bitcoin and in a panic they will buy up altcoins in an attempt to save their investment. If bitcoin goes I think overall it will be detrimental for the crypto market due to lost funds and lost trust. It will also purge most of the useless and scam cryptocurrencies. The coins that are left will have tremendous success over then long haul. This bubble will be the proving ground for all cryptocurrencies and if you are able to invest in these future giants now you will have major success in a long term hold. Bitcoin will most likely not be the cryptocurrency our children will use but the Nokia of crypto paving the way for better technology and opening the flood gates of innovation. What are your thoughts? Are there any fallacies to my thought?
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