I have owned Ethereum since May of 2016 where I purchased it for around $12. Today the price of ETH it about $185 CAD.
How much higher can these cryptocurrencies go? I mean for once it is nice to see how markets should and could move without manipulation. But is it only a matter of time before the banking cartel figures out a way how to either 1. manipulate the price of cryptos at their will or 2. Continue to raise false flag events centred around cryptocurrency ransoms to make the cryptos look like the money of criminals.
I still stack physical gold and silver but feel like I would be crazy not to take a small speculative position in cryptocurrencies as they are flying higher on a daily basis.
What do you guys think? Are cryptos the next "tulip craze bubble" or is this just the beginning of an entirely different world where value is stored on the internet as opposed to physical holdings?
Thank you in advance for any and all feedback.
Enjoy your weekend.