Sloppy work. Table shows four, not five, never regaining. All those eyes looking over the paper and no one caught this error. Their definition of a bubble is “a persistent deviation from fundamental value.” Why does it have to be persistent? Can’t a bubble be short-lived?
@GlobalMacro90 Could you please re-post the link or provide a link to the website where we can find the article? As Snuskpelle says, the link is dead, and although I found similar material, I couldn't find the exact article myself.
OK, so let's not call it bubble because it offends the faithful, (although the definition fits just fine), so let's call it very volatile. How the fuck is that even better? For a currency high volatility is a very bad feature. Nobody wants to use a highly volatile payment method. For investment, ditto. Do you know who likes volatility? TRADERS!!! But OP doesn't trade it, he may be averaging down at best and hoping....That is not really trading, although sometimes works.
You COULD just avoid bitcoin and instead go full-bore equities. Much safer, unless you gamble on Nasdaq stocks. NYSE is much safer... except for that one craze on ticker... ENE Remember them? Nope? Oh, well they later moved over from NYSE to Nasdaq under the ticker ENRN. Enron Well that should have rung warning bells, even though the auditors gave this ponzi-fraud a pass. Everything has risk... Nikola, Nortel, Enron, Tyco, WorldCom, Bre-X, etc. etc. etc... I've seen so many fraudulent equities and bullshit accounting practices I can't keep up. Fuck, I even got raped by that @(%@%ing Nutflix. Well that's my fault for buying a FAANG that was on Nasdaq. We should just ban NASDAQ! It's all a bubbe/ponzi/scam!
You could have sold anyone of those stocks for a small loss when they started to collapse. It might be wise to develope a strategy to control risk.