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RE: The Only Chart You Need To Understand
2017 kind of destroyed realistic investor expectations. Many people expecting crypto to go to the moon without thinking about the big picture. These assets are completely untested in a true “crisis” environment, engineered or not.
I think there is still huge potential, but I wouldn’t be surprised in the least bit to see the big players make a big run on lowering cryptos when the indexes finally dump.
Would be nice to see some realistic price expectations get into people’s heads. 2017 was a moonshot, even at 8k per, bitcoin is about a 10x multiple from this time last year. You shouldnt risk in those type of gains without expecting possible huge volatility the other way.
Gonna get very interesting soon