This video titled: "This Time It's Different? Very Large Ethereum Correction in Near Future?"
Assuming it is a bubble, does that mean it's anywhere close to popping? Real estate is in a bubble, stocks in general are in a bubble, yet people keep buying over priced houses and over priced stocks.
The correction that people fear is not a big deal for long term holders. For short term speculators on the other hand it could get nasty. Stakeholders can hold through the corrections just as they did with Bitcoin and simply wait for it to go up again. Steem had a correction last year and it's up again. Bitcoin went from $30 down to $2 and then to $100 and then $1000. If someone held, then they'd have won bigger than people who sold.
So why are there videos trying to convince people to cash out? Long term holders can simply wait until the dip and buy even more. If you see a correction coming it's a buying opportunity at some point. And Ethereum is headed into a mining winter, and proof fo stake. 2018 is looking liek it will be more bullish than 2017 even if this is a bubble and even if there are several corrections this year.
References
- http://www.cnbc.com/2017/05/23/bigger-than-bitcoin-enterprise-ethereum-alliance-grows-in-size.html
- https://www.reddit.com/r/ethtrader/comments/6cxbmi/i_predicted_the_last_two_liftoffs_the_next_one_is/?utm_content=title&utm_medium=hot&utm_source=reddit&utm_name=ethtrader
- https://www.reddit.com/r/ethtrader/comments/6ctwn1/coinbase_is_trending_on_the_app_store_new_money/?utm_content=title&utm_medium=hot&utm_source=reddit&utm_name=ethtrader
- http://www.reuters.com/article/us-fidelity-bitcoin-idUSKBN18J20P
- https://www.reddit.com/r/ethtrader/comments/6cyw3i/brace_yourself_mining_winter_is_coming/
- https://www.reddit.com/r/ethtrader/comments/6czkq9/someone_just_sold_33_of_krakens_total_eths/