Quote:
Originally Posted by SetBuilder
No one wants to spoil a good party. Every asset I can think of has gone up at least 5-fold since 2010. I remember just a couple of years ago buying Apple shares at $90, and now it's at $215. Over a trillion dollar market cap already. Facebook from $50 a share to over $180 in less than 3 years. Bitcoin. Real Estate. Coins. Cards. Everything.
Some wisdom and a little knowledge of history can be very sobering at times.
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Bitcoin has come partway back to earth. You're right, but you could have put together a sky is falling scenario in 2010 too. Or any year after that. How many people thought it was insane when AMZN hit 500? How many people were convinced that the market's recovery following early 2009 was just a dead cat bounce? How many people thought Bitcoin made no sense at 1000?