Bitcoin Forum

Bitcoin keeps growing all times high...BTC

I think that we might have a house bubble situation of 2008. When everybody had gone buying up thinking that it is bulletproof. Relying on analysts saying that bull market is here for the next decade. There were people who kept chanting that it would keep growing and house potential is nowhere near its ultimate height. A majority of big bankers and big speakers all were seemingly convinced of it.

Then it crashed and everybody suffered. Except for few. Except for very few who analyzed it rationally and predicted the fall accurately. These few made huge returns by shortening the housing market years ahead.

I'm not the first person to voice a concern about the potential crash of "air currencies" (crypto). General advice from conservative consultants is not getting in and keeping it safe. But I wouldn't post in this forum if I thought this was a good advice.

What I'm really interested in is how to make money out of the potential crash. Those people who bet against housing market started doing it a long time before the actual crash. Years ahead. The big risk is to loose all your money while doing it. So I won't go shorting bitcoin for a year because that's just crazy.

But I'm keen to start a discussion to figure out where to put money to multiply them ten-fold in a possible crash scenario that will hurt 90% of other crypto portfolios. This bubble burst might only come in 6 months, 12 months, 24 months - nobody knows. But I want to be prepared to gain on it.

What are your ideas on how to play the edge and be ahead   ??? ??? ???

upd. Ways to diversificate

1. Crypto investment funds such this one - CryptF (https://bitcointalk.org/index.php?topic=2318409):

https://pp.userapi.com/c841439/v841439706/4f0eb/82DjjKPZLD0.jpg
https://cryptf.io/
https://www.youtube.com/watch?v=07LBDmzgSuE  
https://t.me/cryptf

2.

3. Your suggestions

How can we prepare for this? I think it can happen in 2-3 years but not now

2008? Even the bitcoin released or fully operated in 2009. that doesn't make sense to see the bubble situation in 2008 and what do you mean about that? if you are worried about the crash and why not just to invest your amount in the bitcoin. because the crypto involved high risk and it becomes your responsibility to play in the crypto and majority of users were agreeing on it. All of the potential investment will be involved the risk.
Go to the gold as an alternative option for you. If you are worrying about the crash.

I have been saying it all along. Only invest what you can afford to lose. We all know the rise is unsustainable in the short term, people's fingers will get burned and lots will lose out.

Please only invest what you can afford to lose.

How can there be a bubble - what idiot what invest their life savings into Bitcoin. Like the user stated above invest what you can afford only.

Shorting Bitcoin would be crazy, have a look what Antonopolus says about that topic on Youtube.

Is not going to happen anytime soon, not only crazy but may change completly the market.

I believe this is indeed a valid concern.  In the long run, a few of the best cryptocurrencies will survive and make it big, while most of the 1400 or so cryptos will be destroyed when this bubble bursts.  Those who hitch their stars to the survivors will do just fine in the long run.  So the trick is to know how to choose your coins well.

My approach has been to invest most heavily in the best (and most undervalued) privacy coins I could find.  I chose privacy coins because it is inevitable that they will experience a surge in popularity, perhaps even become the foremost type of cryptocurrency, as governments everywhere enact regulations aimed at imposing the same tracking and control over crypto transactions as they currently impose on fiat.  The more onerous and privacy-invading the regulations on crypto become, the more there will be a surge in popularity of truly private, anonymous cryptos.  So, by choosing that sector to invest in, I am increasing my odds of surviving a market crash, because privacy coins in general are likely to fare better in a crash.

Of those, I look for solid coins which are as yet off the radar and deeply undervalued.  This way, I not only increase my odds of surviving a crash (by being invested in solid tech with a strong market demand), but I also am positioned to reap huge gains in the event that the market does not crash, or goes much higher before it crashes (by being invested in coins which still have huge upside potential).

I believe when btc will be at its peak people will just pay much more attention to alts, why would crash take place if blockchain technology will only be adopted worldwide?

The main problem of cryptocurrency (and its friend,foe and lover) is the volatility. Without it, hardly anyone wanted to invest the money. For me personally, crypto a great opportunity to get a profit on the project to analyze can a person without knowledge of technical analysis. All the cases that track the news background to the coin\ICO, to analyze the team and the technology at the stage of project selection. On the classical stock market never like to double or triple profits in a short period of time. And as far as I know, for trading on the stock market need to be a professional investor and the entry price to the classic stock exchange is very high.

I don't think we are anywhere near a bubble as yet, google search the dot com bubble comparison to bitcoin and you will see.  Good luck and as a wise person mentioned earlier, only invest what you're willing to lose.

Nothing is guaranteed or assured and Bitcoin is not an exception. Anyone who is into Crypto currencies should actually know what he is in to.
It is all about keeping a good calculation and following up on what is happening. Overall, Bitcoin investment shouldn't be one's live savings but a substantial amount that can easily be withstood in event of any unfortunate events.

Dot com is something another... Now all world is in bitcoin and altcoins. I don't think it can explode...
I think Gin is go away from bottle! Now only to the moon!

You know our views on the issue coincide. Seeing as the cryptocurrency market continues to grow every day, appear bad thoughts. After all, for any person investing in the cryptocurrency today it is very profitable, given the steady growth of the coin top 100 as a minimum. We all know that sooner or later it will end, but don't know how it ends - good or bad.

I have not even understood a single word of what you posted in there, seriously.

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And who could be so blind to put all their life savings in bitcoin? It is risky, very risky, and you are probably going to lose it all if the major bubble crashes. I can not understand why there are a lot of people worried about why altcoins have been increasing that much lately

When bitcoin gets stabilized, most altcoins tend to go up, there is nothing new with this, just look at the charts, there is nothing new.

Shorting Bitcoin would be a wrong move, there is a lot of volume and the price can swing up within a second.

People who lost their money today will not agree with you. This is really sad , because just few days ago we aren`t anywhere near a bubble as yet, but today ... today BTC price is 13000$

Hi everybody, yeah it's a very important idea about diversifying in cryptocurrency and also thinking ahead of the crowd. I myself participate in CryptF ICO  and they are creating cryptocurrency backed by stocks and bonds. Essentially if everything goes haywire they will sell a lot more of their stable coins and their company token will go in price quite a bit.
Generally their idea is described in this video - https://www.youtube.com/watch?v=07LBDmzgSuE  

And their ANN thread is here - https://bitcointalk.org/index.php?topic=2318409.

It's basically impossible to say when a bubble will burst. If you sell much before, you'll loose on possible profits, if you sell after, you'll loose because of the falling price. But you need a crystal ball to see when is the ideal time to sell.
In any case, I think that what we see now is just an expected correction after huge growth. I'd say it will stabilize soon and will continue to grow again from the current position.

Agreed! This is a correction. Happened a few times on a smaller scale in 2017 alone. This one slightly more exaggerated because of several reasons:

- futures trading factor
- Litecoin founder Charlie Lee selling LTC
- Big BTC founder selling
- natural rise and fall (head and shoulders shape was forming last week).
- Super large altcoin growth
- Bitcoin lists Bitcoin cash which temporarily destabilised BTC pattern of trading

I started this topic 16/12/2017 BTC price was $20 000 . It was obvious that at the end of the year BTC will fall...but i did not expect that this so deep hole.



Thank you for info. I ve checked this project few weeks ago and believe that their idea not bad. Actually this is simple and good idea.

Also I will update OP and post links for CryptoF. If you have any idea how to diversificate your crypto risks just let me know and I will upd post again

I think we can't talk about a general hype for crypto markets. We can talk about partial hypes for some coins only. Bitcoin's price rally was as expected because it's very rare on the world. But some of them are in hype phase at the moment.

OFC crypto gonna explode, bubbles are created when emotions overweight logic. But i think this is mostly about alts now, a LOT of people are throwing something like "A smart investor...", I mean we are all speculants here, not investors, please dont feed your ego. A smart investor would never invest in crypto, unless he is as a whale. Those people have no actual proof mostly about the project, but they cla a lot. Its like a startup company is asking you to invest and makes promises, you dont have any actual proofs (their whitepaper is not by any means a proof and literally tells NOT to invest in the project), and you are told that you cant do anythinh if they screw up or even scam you, and these people call themselves smart investors, how can this not be a bubble?

when comparing market cap numbers of Dotcom bubble and current crypto market, you see that there is a huge difference yet. its good to be aware, but there is still a huge potential for crypto

100% agree.

It is more reasonable to diversify risks altogether. Should not be obsessed with the crypt. Any coin can fly away. And if you really look at things and see how they realize the potential of this market and the technology of blocking, you can not worry that this market will strongly ask. If you can just go to more advanced technology. Ie, there are bits of it, it's a dragon. Ie it's with bad and not perfect technology. But there are other coins that can displace bitcoin.

Open post updated.


What if you earn than you can afford to lose? I invested 1000 $ and now I have much more. I want to continue increase my capital and save it.

I hope this way of earning will work for a long time. Many people have multiplied their capital many times over

I'm seeking and making my own reviews before making any investment, I find the key for success on buying tokens from promising projects.

I think if you invested a little bit and now it become a large sum of money then it's better to cashout and put it in something less volatile than cryptocurrency for exemple by buying a house, or go back to school, education is a great investment in my opinion.

Well, second way is cashout. I will update OP with you advice "cashout and go to school" This is funny, but may be a good idea. I agree with you - education is a great invest option!

I think this is the best advice anyone can give you when it comes to crypto. Never take any loans to buy coins and NEVER invest more than what you can afford to lose.

The only way in my opinion to be ahead is to be an early adopter. Just look at those investors that are still holding bags of bitcoin like the Twinklevoss twins that are a billionaire now. The edge is getting it cheap while you can.

getting it while it is cheap, and also, find the one with a bright future... that's the hardest part... you don't wanna put your money for a long term investment in trash coins ~

Sure, waiting for a new high record of BTC.

Regarding the OP:

This is a major concern of mine, too.

A major way to shield one's self against a bubble is to avoid buying during a mania (normally a sudden spike in price that's the result of a lot of people trying to get in on a "sure thing") and instead buy sometime after a panic (a sudden drop in price that's the result of everyone trying to dump their assets because that "sure thing" wasn't so sure, after all). However, there's more to it than that. Diversification also helps. Not just diversification of one's cryptocurrency portfolio, but also other assets (having some percentage of your portfolio in precious metals, perhaps just enough real estate to live on, maybe even a gun or, Hell, some stocks, to name a few examples).

In addition, try to pick coins to invest in that will likely survive a bursting bubble and government regulation of the marketplace (both things are coming, mark my words). Privacy coins are the most likely to survive, and even thrive, under government regulation, so I'd diversify into (or even exclusively own) privacy coins (Monero and SpectreCoin are two good ones that I know of; Monero more from reputation than anything). However, there are other coins that I think could do well, too, some that aren't privacy coins (though those coins would likely only do well in places that didn't experience a government crackdown). Bitcoin Cash and Litecoin, for example; they're both "better" at being used as currency than Bitcoin Core is right now, largely because of transaction times and transaction fees, which means they have some good staying power relative to Bitcoin Coin over long term.

The main thing, though, is to not do what "everyone else" is doing. Whenever "everyone else" does something it almost always ends up hurting "everyone else" to the benefit of those who decided to be individuals and not follow the collective. That is, did you sell during a mania (huge price spike because everyone wanted a "sure thing")? Well, you're going to do really well after that price spike corrects thanks to a panic selloff (at which point you'll be there to buy their product at less than what you sold it for to "everyone else"). Try to avoid "catching a falling knife", too; you're guaranteed to get cut, even if it's just a little bit.

As I mentioned earlier, you share a major concern that I have in regards to this bubble (which I don't think has actually burst yet, we're just experiencing a minor correction right now, not a bubble bursting). I hope we can protect ourselves from that bursting bubble when it comes. Best of luck, man. :-)

From my experience and from examples of my friends I realized that hodl a cryptocurrency is more profitable than to sell it, but you need nerves of steel

But that is done by the very few people only because most of the small earner will not be able to hold the bitcoin or concern cryoto currency for long time. They would go with selling whenever they are indeed of money.
If you bitcoin and ethereum you please hold these coin alone because compare with the other crypto currencies these coon growth many time done in the price chart so best option for the investors.

Now there is Crypto hype, I try to make money on this and do not think that it will be ahead. I doubt that someone can calculate now what will happen in the future with crypto currencies.

You also need time and huge amount of faith.

right now there is alot of kids and newbies flocking into crypto, many from Asia

on CCN there was an article basically saying what I have said also: these kids prefer a $2 coin over a $20000 coin, they do not understand supply, centralization, or usefulness

if I was a teen, I would prefer a $2 XRP over a $20k bitcoin too, because it feels much better to own 10 coins than 0.001

Result: coins with large circulation, benefit most.

HOWEVER....after awhile, institutional investors, smart money, and the crypto community will do the sorting, shitcoins will drop, kids get burned...and money flows into the blue chips. Like BTC, LTC, ETH.

And a few more innovative newcomers of course. It is very hard to tell what these will be. Right now people try frantically to find these, buy spending money on Cardano, Stellar, Iota and many others that have no acceptance and are very immature.

Generally I would be careful with all coins that have gone up 50-100 times in a few weeks... :(

Money now flows alot into cheap penny coins , New investors dont know anything about suppy/total marketcap , they just follow the hype
I think sooner of later they gonna realize about it , and money will pour back to good fundamentals coins like Stratis , Omisego , waves , Eth .....
They have to learn price over 10$ doesnt mean its expensive ...

Everything is going up. Normally there has been a long correction after bump like this. I think Bitcoin is the only thing that could cause it, but its hard to say where it will go now. Maybe whales will drive it up temporarily to shake away alts from weak hands.

I think its best to stay away from shitcoins even if they have huge volatility. Once correction comes they are the first to be dumped to zero. There is high risk your money will get stuck into them for long periods of time.

I agree, especially nowadays, a lot shicoins. People naively buy them because they see as they grow very quickly, but they don't think about what they just as quickly fall

Best thing to do is just hold and but at dips. FOMO is a horrible thing. Also never have a stop loss. It is not really a loss until you sell. Crypto is unpredictable but if you invest in good teams with a future you'll be ahead of the game.

......and XEM! I can't believe that coin like Ripple now is second after grandpa...but hype is hype it's just like hysteria

nice post, man I wait STRAT 50-100 this year (hope end of Q1)

The answer to everything = whales.

They are always going to do whatever they want with the price, there is nothing new with this.

Are you going to tell me that you have never seen the whales trying to bring down / up a price in just matter of minutes just like it happened today?

But a BIG, BIG whale pumped the price today, by more than $1500 in just a few minutes.

Bitcoin will bubble and pop, but not for at least another 2-3 years. You're not in a bubble when tons of mainstream analysts are saying, "bubble". lol. You're in a bubble when tons of mainstream analysts are saying, "the sky's the limit".

Lots of people still think cryptocurrency is a scam, or don't understand it at all. Now's still a great time to invest.

invest in potcoin. Wait 6 months. Get your lambo. The end.

If want to save your crypto funds by investing in potcoin I think you are high  ;D (joke)

Well, as I see nobody knows what to do if bitcoin bubble pop right now. That is sad. Dont wanna be pesissimistic but we all will see great fall of cryto in near few years

I do not understand why people invest money in ripple, it does not have decent technology due to which she could hold such a position

I think to be safe; invest on what you can afford to lose. Rather than selling a house and invest in crypto, you can easily commit suicide.