How do you differentiate between an unsustainable bubble VS sustainable prices surges, particularly as prices head past all time high levels?
That’s what I’ll be discussing in this video, so that hopefully we can identify these things in the next great Bitcoin and crypto bull market cycle.
DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make.
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Please Put a translation into Arabic in your sections.
What is you book list for 2019?
When this channels coinbase referrals get to 50 a day i will get the hell out. Best indicator ever lol
I don't think anyone really cares about the background u record at. Ppl watch u for content not background view.
Bitcoin's still in a bubble. It has much further to fall and will normalize around 1k. We'll never see 20k again
As you suggest, it requires nuanced analysis to differentiate the causes of a price surge and there will undoubtedly be a lot of gray area. Trying to time the tippy-top of the next surge and then selling one's entire position there, is an approach that's likely backfire. More likely than not, one will sell too early and be tempted to buy in again later, at higher prices, or wait too long and not sell anything into the rising market. Perhaps the best strategy is to keep a portion, say half, for long term HODLing and to sell chunks of the other half every time BTC rises by a certain amount? It may not be optimal, but it ensures cashing out a good portion at ever higher prices as well as maintaining a healthy stake, should the long term, hyperbolic BTC price pattern continue.
My reflection on the mania bubble : I had people I worked with started getting in who knew nothing about cryptos. That was in November 2017. I also thought this is a red flag but chose to ignore it. FOMO and the fact that it kept going up further, blinded me. Now at least we have the data from the last run up and hopefully we should be more prepared to get out when the signals are there! The trick is to have an exit plan and execute it no matter what. Easier said than done!
LTC halving is due Summer 2019! Then Bitcoin 2020! (also BCH, BTGold and BSV)
The 500 per cent increase in LTC in the run up to 2015 mining reward halving enabled people to take profits and transfer them to Bitcoin! This helped pump the Bitcoin price (which increased by 40 per cent) and helped end the bear market!
Quick questions, do you review ICOs?
I got into crypto in early 2017. I'd read about it in 2012 and dismissed it. In 2016 I was convinced it was a scam and did a lot of research in order to show everyone. What I found surprised me. Bitcoin isn't good money. It's terrible cash. Paper cash and visa work fine. But Bitcoin is outside of a doomed financial system of fiat so one day, something like Bitcoin will be used as a mass store of value. Gold is great but hard to store or transit across space. Crypto has a market and will surge again. How much time lies between then a service now… I don't know.
since we all expect 2019 to be the accumulation year and 2020 to be the year when next bull run will start i really doubt that will be the case.
The bubble is going to pop soon!
Next bubble isnt till 2022. 3 boring years of sideways before it spikes out of nowhere again
Yeah, okay, but when "your" people come out of the woodwork next time, asking to get in, will you dump your bags to "them"?
Later when they're grieving and tell you they want out, will you help by buying those bags back? 🙂
I believe the next big price run will be based on adoption. Without adoption and that famous killer app that hasn't come into existence yet there won't be another bull run in the near future alltogether because too many people lost a lot of money in the last one.
https://www.binance.com/?ref=10800638 Best site for buying/trading coins is definitely Binance, you don't need to submit documents to trade up to 2BTC so can buy instantly. It is the best exchange in the world and biggest in terms of volume per day so your money is as safe as it can be. If you sign up using this link you can also get 50% off trading fees.
whenever you see Carlos matos or similar characters promoting crypto you know its time to sell and get out
U guys still im crypto? All im gonna say is rip 🙂
Don't forget to tell us when you think it's getting to that point
You said you’d never mention the Wall Street cheat sheet ever again! I feel violated! ?❤️
Boom! Great info right here… have no emotions when investing 🙂
Good video Louis Thomas. Now it's 2019. 2018 the year of bears. still bear market for Cryptos. Also the stock market has had some hits lately.
Great video! I also made the mistake of not taking profits, and watched my portfolio drop by 90%.I won't make this mistake again.
Haha Louis, I've been telling you for months: analyze fundamentals, analyze real adoption (which is zero at the moment). Anyway, you Brits may nevertheless earn decent money on bitcoin as your econony and currency collapses after brexit.
Even if you have been quite accurate I would say you need some luck also in your investments. We are not insiders so, with as much information and study we have, cannot get every coin right.
About the bubble thing… Its easy, when the graph is to much vertical and google trends also. You are again quite accurate. We buy fractionally and sell the same way.
Check Celsius network. Put your coins in their wallet if you didn't 😉
When the bin man has a btc baseball cap…..sell.
Great points Louis, the knowledge we have accumulated while experiencing this bear market is priceless. We will know what to do the next market cycle. This next bull cycle will be life changing. 2019 year of accumulation.. 2020 will most likely start our upward trajectory God Bless you brother