Originally posted on 12/11/2017:
I’m been an equities, options and futures trader since 2000 and I know markets very well.... it’s most def a bubble so please
Don’t get involved at these levels but trying to pick the top for a short is almost impossible..... I know some very smart guys that think it can hit 40k + while others thought it was a bubble at 4k.... I was in the latter camp so I never got involved on the long side...... what I will tell you is this....bubbles don’t burst until enough moms and pops get involved.... all those people end up losing 70-80% of their investment... every time...
PLEASE DONT BUY BITCOIN at these levels