tbwinner |
01-13-2021 07:40 PM |
When does it end?!? When does it POP
Today I got a call out of the blue from someone whom I've done work for in the past but it's been a few years.
He said, "What do you know about day trading?"
It then was mostly a one-sided conversation about all the things he's been reading about Bitcoin, Etherum, and the market...mostly how "its going to 100,000" and "what do you think" and " I don't understand it but don't want to miss out"
After I got off the phone with saying "Don't play with what you can't afford to lose" and thats about it...I thought about a rebalance in my 401k...
So it begs the question...when is this bubble going to burst? 2K stimulus is priced in right? The COVID vaccine working is priced in? How much more steam from free/cheap money does this market have?
I tell you...I live in the Midwest and you would NOT know there is anything going on in the world other than people having masks on. It is business as usual at the grocery store, at restaurants, bars, malls, Home Depot, etc...
|