It will crash but I don't think the crash is soon. You say 2018?.. Is that your prediction.
I didn't know it was 15 years. Thats a very long time. Teach us about your experiences with the .com arena as I was only a kid and didn't pay attention to it.
It is my prediction and I assume it
Historical studies shows:
Every 7 to 10 years the stock market crash
Every 25 years interest rates goes up or down
And when analyst says to buy... its the time to sell
When people say its the ''high time'' or are optimistic... the market crash soon after
Current events:
We at the cross road.... been 7 years and more since 2008 crash
It's been 25 years since the 1980's .... 22% mortage rate
I work in finance... every day I am being told to drop the ''average guy'' and focus on the 1%... the market is against the 99%,,, shguld I bet on them?
In 1998 there was an article about how Index Funds were the futur and the present... they were the best out there....
What happened? 2000 .com happened
What happened to these index fund (vanguard,blackrock) believers? They all died.... Why? Nortel was 70% of the market index.... they crashed with it
I believe in the value strategy... study your business and put money in it .... so far I did 55% return annually with play money (what's play money? Money you ready to put at risk cause its for fun only)
The index fund believers ''passive'' say you can't beat the market.... I agree as an old timer with this... you can't beat it.... but passive funds are still investment products... so they are efficient when?
I am an active management type of guy... in high market ... like we have... risk management is usefulll
But since this thread is on cryptomoney.... something I don't waste time in.... but the same market rules applies
1) If people say its time to buy.,... the reality is to sell it
2) Have it government approve4
3) Find how its competing against the market (monopoly style)
PrettyBoyAj and Change.... I can't help you guys... cause you guys will go with what you believe (my old timer wisdom).... but like dating... core rules always win .... 1) Find a investment which has no competition 2) find an investment which is active 3) buy low sells high 4) dont listen to anybody but your stats
Personally... if I was into cryptomoney... I would buy 1 stock of everything and see what gets legal and not .... and who owns the most market share