## I'm not going to name names, but listening to a lot of the regular crypto-experts, they are right now talking about "sure, yeah, it was a bubble. Everyone knew that. bla bla"

 
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First of all..no, not everyone knew that. On the contrary, all us hodlers, crypto legends, pastors, vikings and veterans told all the n00bs that it was NOT in a bubble. Let's be honest here. At least I am going to. I've never said cryptos was in a bubble. Because it is not. 

The problem, which I have raised some concerns about (although not enough) is things like the fast growth, young age and inexperience of traders/investors and FUD from mainstream. 

>We have done the math on the impact/disruptive nature of cryptos vs the price and concluded that it is in fact far away from a bubble. I've said before that there will be bubble tendencies later, when prices reach 7-10 trillion dollars total market cap. We are far away from that now. I believe this is part takedown and part natural correction due to the inexperience and ultra-fast growth. It has just been parabolic since November 2017. 

Personally, like I said in my last post - I bought Ethereum pretty much at the buttom. I think the price was 602$ or something like that. Unfortunately the bank I'm used to buy had some issues, so I was only able to move in half of what I intended. 

Like I've been explaining before, I use these Bitcoin/Ethereum trackers /ETF's that are available on the Stockholm exchange because I'm able to move money quickly there. I put profits from ETH and BTC into american robotics funds (BOTZ, ROBO, XLK) and when prices of cryptos fall I'm able to in seconds (between local time 15:30 and 17:30 trade between those) because then both exchanges are open (Sweden and US) 

So that's what I did today. I traded some robotics against Ethereum ETF's. Because unfortunately it takes so long to convert those into fiat/my bank account - then wait one working day for that, move that into Coinbase and then buy ETH. I do that sometimes too, but today I had to act quickly. It's a nice way to be able to take profits fast as well. I use that as my trading account, while not touching my real Ethereum. 

## Was this the bottom?

Hard to tell. It could of course be a dead cat bounce. But the volume is high, and there seems like a positive vibe is going on. But I couldn't tell. I bought in because I decided that sub 300 was a level I was going to buy in on. Another level is sub 200. 

> Hope everyone is safe and did the right thing for them. Like you know, I'm not giving financial advice. I'm not a professional. 

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