We've seen this before. Many times. Yet without fail, every time, people try to rationalize why this time is different. It's not.
Even though I'm confident we are in a bubble, I believe that if you bought Bitcoin today and held it for ten years, you'd have a significant gain in 2027. With that said, I think we'll see another opportunity to buy Bitcoin at $500.
When you get into super-bubble territory, you'll start to hear your average person talking about purchasing that item. It may be stocks, Bitcoin, real estate, or roses. Everyone will start to want it, regardless of what "it" is.
PRO TIP - When you hear your Uber drivers, cashiers, and waitresses talk about buying an investment, you had better be selling. This is the point where all the smart money is already in, and there aren't many buyers left.
In the year 1999 and early 2000s, you would hear your average Joe talking about buying tech stocks. That was an indication that the crash was near.
In the US, circa 2007, it became common "knowledge" that real-estate is the best investment you can make. You would hear, prices never go down. It was also common to hear things like you should make money flipping houses. It was time to sell. The crash was near.
I'm beginning to hear average people talking/asking about Bitcoin and even altcoins.
What does that mean? The crash is near.