According to this article:
https://www.investopedia.com/articles/stocks/10/5-steps-of-a-bubble.asp, there are 5 steps going to a bubble:
1. Displacement 2. Boom 3. Euphoria 4. Proffit taking 5. Panic
I think we are in step no. 2 Boom, as the global MCAP is not even in the trillions. Also, the mainstream adoption is still in its infancy (1% or so), but the idea is that we need to stay alert about the first signs of a bubble burst.
In which step do you think that we are in now?
What do you think that those first signs will it be?
What contingency plan would you implement?
Thanks
When we are talking about history, then we are at the boom, we are at global adoption. But there are so many panic selling these days and so many burst and bubble, why? Because there is a little adoption and only those who have the largest coin can control the price.
I think for countermeasures you should invest to some main crytocurrencies and wait for the price. Search a really long term and legit platforms like stratis and hold some coin. The only thing that I can say right now is that we are still at the adoption pace and the percentage that the coins you are holding now to go up is really high.