I own whopping 5 coins which is a rounding error in my life and riding it out is a smart move. It's a cheap option (worst case I lose a few grand) and a smart trader always buys cheap options.
"Bitcoin are we in the huge bubble?" In order to answer the question posed in the thread's title, we first need to agree upon a definition of a "huge bubble". If we define a "bubble bursting" as a 50% or more decline from peak, then Bitcoin has already seen its "bubble" burst multiple times in its history. For example in July 2011 it peaked at $31 before crashing to $2 later in 2011. https://en.wikipedia.org/wiki/History_of_bitcoin#Prices_and_value_history Since then the price has appreciated over 500-fold. .
Why? Shiny metal found in a hole in the ground that is then .. put back in a hole in the ground for safe keeping. How smart is that? btw it is retarded.