Compare Cryptos to Internet index
Understanding the past is sometimes useful for the present. Here I look at the DJ internet composite index which peaked at $500 in March 2000 and then proceeded downward 95% to below $30. At some point cyrptos will do this also, then question is not IF but WHEN. I also feel that blockchain technology will also be a foundational technology and will go back up once the market is more reasonable. When do you think the bubble will pop for cryptos?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.