Comment by jstummbillig

If I know it's a bubble, what's the risk in waiting?

As long as it could still be far worse to not take a risk, then it's not actually a bubble, right? It's just an early investment. If I have to do something now, to not fall off the track, then the space might not be super clear right now but clearly still on track (because otherwise the correct strategy is waiting for the bubble to burst and maybe then invest).

Or maybe we are just really unclear about what "bubble" actually implies. To me it's the point at which a lot of people have invested a lot of money into something, that will be worth less, than that total amount of money. Is that wrong?