Re: If you are waiting for the "despair phase" to buy like in 2011 consider this
NASDAQ composite ≠ dotcom bubble
You shouldn't post a chart of the NASDAQ composite, you should post a chart of World.com or Pets.com.
You shouldn't post a chart of the NASDAQ composite, you should post a chart of World.com or Pets.com.
Compelling. Continue holding WorldCom.
Never did. Just pointed out that if (NASDAQ Composite)=(crypto) => (a company listed on NASDAQ, e.g. WorldCom)=(Bitcoin). Seems self-evident, no?
The analogy of the internet works because bitcoiners represent the dudes that during early internet days wanted to buy shares of the internet, but since you cant technically do that, they stick to pets.com because at least that investment could make them rich quick, in theory.
The analogy works perfectly.
The analogy works perfectly.