Maybe the bubble is the supply of paper money. Your house is the same as it was when you bought it but the supply of money has gone up and so has its value.
Paper money is not "paper" is the representation of how "good" is the underlying authority it represents in each case your country. If your country's economy is doing great then your currency is strong...if not then the paper money is just paper... On the other hand the crypto's is an obscure gentlemen's agreement ...you say that something worth's something and you comply to that. To give an example...suppose there are 3 guys A,B,C One day A goes to B and says : "I give you a hair of my head and is worth $1" ...B replies OK...so 1 hair of A worths to B $1. C on the other hand says ....you must be kidding , why one hair should worth $1...why i shouldn't pull 1 hair out of my head and worth also $1...i won't buy a hair of A. Lets expand it and these 3 guys are living in a neigborhood and just about everyone agrees that 1 hair of A worths $1... (silly isn't it) but...anyway. After some time pretty much everyone in the neighborohood have 1 hair of A they just agreed is $1 worth....and for every "shady" work they do they exchange hairs of A. Suddenly C has to do some "shady" work and needs hairs of A but has none...so it goes to B and says " Hey man i want XYZ to do something for me but i have no hair...can you sell me one ?".... B replies : "sure thing man but i would sell it for $2 no less, OK ?" ......C replies "OK... pays the $2 " ....and the story goes on... But in the end we have nothing more nothing less than hairs of A... (who is pretty much bald right now). This is the big difference between paper money and crypto.
If you are looking at BTC prices day by day then you should not be in that long position, there are other forms of torture that can be less painful.
I love how many people of those calling assets a bubble and are negative on that asset do not even have short positions on. Absolute definition of useless commentary: Yes, that's you. @S2007S @Pekelo @RedDuke
There is a person here called @MrMuppet, he claims you cant lose BTC keys. I disagreed. So he says he once burned keys onto a 50 pound titanium plate and buried it up his ass. He couldnt find the keys because his ass was so big, that was the only time he lost his key. A few fake self proclaimed Bitcoin experts lurking around in the forum.