If you’re trying to get rich quick by timing the market, speculate on bitcoin. It’s so volatile that the price wildly swings by +-1 $1000 almost each day…So it’s perfect for people who try to time the market.
On the other hand, if you plan on doing a long term buy and accumulate and actually invest, drip a few hundred/thousand into an S&P500 index every month for the next 5-10 years and forget about it.[/quote]
It looks like bitcoin is preparing a comeback. Any previous bubble burst pattern would say it should be below $5K by now, but instead it went above $8K again today.
