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Re: OK my apology Bitcoin is not a PONZI but I still call it a huge bubble
by
LogitechMouse
on 15/04/2021, 11:57:39 UTC
After reading all those reply in this forum

please accept my apology for calling bitcoin a ponzi scheme

but I still call it a huge bubble

It may be the best investment vehicle in our lifetime

but at over 64K a piece

how much money do you willing to spare to buy bitcoin?
What's important is that you accepted your mistake. That is enough already.
Now with regards to Bitcoin being a bubble, many might see it as a bubble right now because it is making a parabolic rise these past few months and it is almost the same as the 2017 parabolic rise and we know what happened months after that in 2018 Cheesy.

How much do I spare to buy Bitcoin?? None TBH because I'm just currently holding it right now and I'm not buying it. One reason too is that I'm waiting for the market to make its huge correction in the succeeding months and I'm selling gradually some of my holdings to take some profits. I might be wrong with this but I'm just making myself ready with the worst situation that might happen. I don't want to be sitting in my chair while watching the markets go down while holding some coins.