Im hodling my bitcoin but a mentor of mine and this is not fud states things are positive but we are in a bubble. His words watch what happens in bitfinix. Any thoughts on what he is implying ?
Better to read this article.
http://www.hashtaginvesting.com/blog/is-cryptocurrency-a-bubbleIt says -
There is a good chance that only coins with solid fundamentals will survive the current bloodbath.So, its all about the How strong blockchain is using by a Crypto and personally, i think BITCOIN AND ETH will survive this bloodbath.
not a great article ... how can you compare tulips dot.com and cryptos? what kind of technological progress carried the tulips? you know, it is not suffice to say it was a bubble and for analogy apply to all case, i give you a hint, there were a lot more bubbles then the former two you cited
but do not get me wrong, have nothing against you, is only that when i heard this tulip story again and again i get mad :-)
let's talk about the dot.com, you know how hard was hitted amazon back then? amazon stocks went down fro 107usd to 7usd, and you know were are they now? i remember a number near 1450usd
another hint: amazon is not the only one
so let's make all in perspective and drink from this bloodbath