In the cryptocurrency market, there are two types of crypto. It's Bitcoin and shitcoin. All crypto are in motion and are dominated by bitcoins. The future of bitcoin is unpredictable, you should not trust any shitcoin, including ETH. I believe Bitcoin is a bubble, but
- "Just because a market is in a bubble does not mean it's going to die." Bitcoin has been through over half a dozen big bubbles and increased in price after each one "
If you are a long-term investor, the best way to minimize risk is to invest in bitcoin. As for shitcoin, you should only invest in short term
- "You can make money trading the momentum and hype in shitcoins, just do not invest long term"
You better learn more about a bubble in economic field, and you could try to distinguish between bitcoin and economic bubble that has happened. I said like that cause bitcoin is different from the economic bubble that has happened, look at the function of bitcoin first, it will be help all transactions done by someone digitally and very easy to do, in other hand investment and trading is also another function which cannot crushed by every investor.
Very natural if a new technology and got very fast popularity, will have a competitor that will continue to make a negative information. This is a tactic for them to make everyone not believe in bitcoin. One time you will feel the function of bitcoin that you have never felt before, this is a process and I think you made a prompt conclusion.