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RE: Bitcoin on the cover of Forbes!
Great post but they are wrong. This is not a bubble, however the powers that be seem to think they can name everything they are afraid of, what they are doing elsewhere. lolol will they ever learn?
You have to be blind to not see that bitcoin and other cryptos have no intrinsic value. Their value is based purely on speculation and the dreams of traders. This is a trademark bubble, but if you don't believe me, feel free to contribute to the crash. Im not saying that its not worth buying or that bitcoin is useless. All Im saying is that " what goes up must come down." It was true in 1929 and its true now
To be honest you can say the exact same thing about house market, cars, gold or anything.
My house sure as hell isn't with 4 millions but that is the price. Crashes don't change anything, if goes down but move right back up. Same with stocks.
As long as you don't take a loan and can afford it, I say it's a good investment as any.