Crypto Post #42: On Predicting a Next Bitcoin and Ethereum Bubble

There are numerous news articles from many reliable sources regarding the general taught of the recent (May- June 2017) price surges for the Bitcoin and Ethereum ecosystems. One such source from Fortune Magazine provides a dispute whether or not there is a Bitcoin and Ethereum bubble which justifies the price surge. Some off course could think that the prices increase as more people became aware of the cryptocurrency technology. Other view all of this as a bubble. Who is right is for you to decide and analyze.

But one thing is for certain that there is so much money to be made from all of these price surges for many top cryptocurrencies currently in the market. Especially, as the end of June brought forth with it a temporary end to the continuation of speedy price increases of most cryptocurrencies and assets on the market. Should this be the time to buy more before the prices start to massively increase even further?

I am not certain how other investors and traders view this situation of current declining value, but I am very cautious whether or not now is the good time to accumulate more of the cryptocurrencies that have recently skyrocketed a bit (Ethereum, DASH, Monero being honorable mentions). Perhaps, with spare money it could be more reasonable to invest on some newly formed ICOs, or some new coins that have not yet gained too much popularity, yet have also increased in value quite a bit. Yet, it is always important to follow up and stay on track with the latest news and look for indicators to whether or not the currently leading coins (Top 10 or so) are likely to follow a path of even higher value, remain as are, or are subject to a temporary decrease. Whatever the situation may be, there is not reason to suppose that massive price surges are still on the horizon.

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