Why are we still long ways from the bubble?

Why are we still long ways from the bubble?

With the cryptocurrency market expanding, and growing as much as it is, people are starting to wonder, and question how long will this uptrend still be happening, how long will the money still be flowing into the crypto market, and when is the bubble going to explode.

I’ve done some research on that, and on how big the crypto market cap really is, comparing to some other companies, and markets. As of the time of me writing this article the current crypto market cap is $753,936,400,096. Knowing that a few months ago, 1st of May, it was still as low as $36,000,000,000, we are wondering and thinking how much longer can this market still keep on growing, without any big drops in the total market cap, or the potential bubble exploding.

To be honest with you, was skeptical about the market still having a potential to grow, but then after doing some research, the skepticism went away. After I found out that the total cap of the crypto market hasn’t even reached the total cap of some of the major companies in the world, such as Microsoft, Apple, or even Google ($1.5 trillion), and we are looking for crypto to take over Euro, Dollars… in the future, meaning its cap would have to be a lot higher than the Google cap for example, we should not worry about the crypto bubble exploding anytime soon.

As we start to penetrate trillions of dollars, then we might be getting slightly more “bubbly”. It all also depends on how fast and rapid the crypto marker growth is. The faster it grows; more likely it is for the bubble to really happen. Although I think, that as the technology advances, we become more futuristic, crypto will take over all the current major currencies, and become a major one itself.

But still, just to be prepared, here are some “bubble is forming” signals that you all should look out for:

1. My number one is governments banning cryptocurrencies. When China banned cryptocurrencies, the price did fall. If a few more governments do this, it might scare people away, and therefore the bubble could form.
2. There will also be “microbubbles” inside the market. Not all coins are going to be “the coins”, and not all of them will remain on the market, or remain high on the market.
3. Boom, euphoria, profit taking, panic. The reason why it might get to the bubble. If the market is growing, and everything is green people are going to keep on investing in it, the market will continue to grow rapidly, but as soon as things turn in a slightly different direction, people might get scared, selling their profit just to ensure they do not lose money, and that might cause a big market cap fall.

I think that 20-30 years from now, cryptocurrency seems like the only viable solution, but this does not mean we won’t have any bubbles in between. So even if it comes to a bubble, I believe it will go back up, and rise even higher than what it was before the bubble. If this happens, you can either decide to sell quick, before it falls even more, or hold it, until it rises back up again. But this might then be a long hold (a few years), but it will go back up. I have strong faith into cryptocurrency and believe it is the future, and a big profit opportunity in the long run.