Throughout the stock market’s history, various opportunities have come and gone that seemed attractive at the time.
In many cases, such opportunities have soared in value for a period of time.
They then subsequently crashed, causing significant losses for investors who were late to the party.
One notable example is the dot.com bubble from 2000-2002, with the internet back then proving to be more of an evolution, rather than the expected revolution.
Bitcoin
This now appears to be the case with Bitcoin.
It surged in value to reach U$64,400 in mid-November 2021, with various investors stating that it could move significantly higher.
Since then, though, it has slumped by over 35% to US$41,470.
This has left a swath of investors nursing losses, with the cryptocurrency showing little sign of delivering a stunning recovery that would see its price rise back to its previous record high.
In fact, the virtual currency could sink further should investor sentiment decline over the near term....