Quote:
Originally Posted by scho63
The fact that suddenly you have a bunch of hedge fund guys trying to pump this up is scary.
I think they are getting out. I would take some money off the table
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When you figure out a way to easily let my uncles invest w/o having to be crypto-experts worried about shit like "well duh don't leave your e-walled exposed on a WPA network with 8-bit encryption, I mean that's just basic common sense", THEN this whole thing will blow up at least 10x. And after that it will really crash. I honestly think it has that much upside still left in it. Just don't be the dumbass true believer caught w/o a chair when the music stops.
I knew beyond a shadow of a doubt the doctom bubble was toast when the Nasdaq fell 20% in a day for no reason - April 2000. My uncles were all in. There was no one left.
When that happens here it will be the same story. BUT - not after all the hot money is in and there's no greater fools. These zigs and zags are nothing compared to a crypto bubble with normies investing. But they need to find a way to get my uncles in, or they may be done now.