It’s a bubble. Buy low and sell high. Right now, holding cash is the safe option. You can predict that the bubble will burst, but not when. However with the US being run by someone who is poking everything with sharp implements I think it bursts sooner.
Given the fiscal dominance we’re in now that pretty much guarantees higher rates of inflation in the future, I think there’s much better places to place your money if you want to diversify. At least cash equivalents would be better
