Quote from: weeks65 on September 04, 2018, 11:58:33 PM

Quote from: zhuiyongliang8 on March 09, 2018, 06:32:03 AM

Most people's post-bubble belief is that Internet stocks are stupid and worthless. Just as many scholars now look at bitcoin.

Most people listen to other people's attacks and choose to ignore them instead of digging deep into the amazon story.

This is a mistake of lazy thinking.

So when you see the same thing happening in bitcoin, you can try to do something different with most people.

Ask yourself: "why is the market still buying assets that claim to be worthless?"

"Is the bitcoin bubble the same as the tulip bubble?

You will eventually find that the real value of the asset, after the bubble, returns to the value of the asset itself.

And the next wave is coming back, reaching new heights.

How do you see the fall?

I think the bitcoin bubble is very clear, you can see that the bitcoin price has risen upright since late 2017 and has reached $ 20000 but the day after that we have seen a very strong fall in bitcoin prices. fell to $ 5800 (down more than 70% of its value). So I think that at this point you should only invest in short bitcoin.

It depends on your entry if you are trying to find out if you are going to short or long term investment in bitcoin because if you are going to buy bitcoin in the middle of the hype or during the hype then you should be set for a short term investment while if you bought bitcoin at the bottom then you can hold for long term and both of those two strategies can give you profit.