Are we in a cryptocurrency bubble in 2017?
Duration: 24:05 Views: 714 Submitted: 12 months ago
Description: Where are we today with cryptos? I say we're still very, very early. Every bubble throughout history has burst. There has been no bubbles that have not burst. Not one. The trick is to get in early and then get out before the bubble bursts and the shit hits the proverbial fan. So are we in a cryptocurrency bubble in 2017? Cryptocurrencies definitely have all the hallmarks of a speculative bubble. As Peter Schiff says - If it looks like a duck, walks like a duck, quacks like a duck it's probably a duck. But only time will tell. In the meantime money will be made and lost in cryptos just as it is in other markets. Jarod invested 4% of his total net worth into a basket of cryptocurrencies including Bitcoin in July 2017 and plans to hold them all until at least July 2022.