Keeping the bubbles bursting. After a meander through the £3000 mark, the next is £5000 (later in the year?)

in #bubble7 years ago (edited)

bubbleology.jpeg

I kept this picture after the first major rise and bubble of Bitcoin.

I think the same applies for this week, and hope others will have capitalised on the profits there for the taking before the decline.

This is why you should love bubbles, extreme volatility for the potential to make much more profit the along the mean. Of course you have to walk away with it as a golden shower, and appreciate the fallout is a positive things whereby you are part of picking up the pieces again. I'm sure many wiser people will have further diversified with their alt coins and this will inspire newer applications.

The biggest fear is not walking away with any profit, the curve very much a measure of greed.

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