Help me understand crypto Market Cap and the role of new money....

Discussion in 'Crypto Assets' started by NoahA, Oct 8, 2021.

  1. NoahA

    NoahA

    And this is why I don't think it will ever happen. Too many people waiting for cheap prices. When BTC was at 30k in the summer, I was hesitant because I thought it could reach 20k which was the previous top. But clearly it never did. The triple bottom at 30k should have been a clue, but alas, I hadn't fully taken the red pill yet in the summer.
     
    #81     Dec 22, 2021
    johnarb likes this.
  2. You're gonna be in for a big surprise when the cycle runs its course. Unless Fed steps in, BTC is dumping 80% from whatever the ATH is at the time. That's just how crypto goes.
     
    #82     Dec 23, 2021