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RE: Crypto is a bubble: It doesn't mean you are immune

Haha, seems like your unpopular opinion is mostly agreed upon by the other commenters. The problem for me is that most assets produce income. Real estate provides rent, commodities are needed for industry, some stocks provide dividends, bonds/cash provide interest. Crypto doesn't really produce income unless it creates more crypto (like Hive being minted every day). The only real way to make money in crypto is for you to sell it to someone else for more than you bought it, and the buyer needs to believe they'll be able to sell it to someone else for more than they bought it.

If that's true (and it's been mostly true for BTC so far) then why would anyone spend it if it's truly deflationary? That means its not useful as a currency (ie, the Bitcoin pizzas).

That said, I do think a lot of things are currently in a bubble. Housing in lots of countries, for sure, stocks like Tesla and Nvidia as well, maybe even the S&P 500. There seems to be a lot of cash sloshing around at the moment, I don't know how long that can last.

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Well, in the US, we are in a bull market since 2008! That is 16 years. Obviously there is a lot of money sloshing around. If you kept a job in the US for this time (which is NOT a given I must say), there is almost nothing you can do wrong if you have invested in the stock market.

I have learned that all party eventually end. I do not know when this one will end, but it will.

Wise words @azircon wise words indeed..

At some stage it will surely come crashing down, but I think there is a good bull market to capitalise on for a while yet. You can never perfectly time the top of course, but I suspect there's lots of growth to come yet if previous cycles are anything to go by.