Investors in hurry. Or a sad story about low memory capacity
It happens over and over again.
On different crypto markets.
Ppl see a short term considerable downward fall in price from all-time-highs.
Totally neglecting the fact month-wise it is X times grow at the moment.
They also deny to take into account overall market situation.
Currently, crypto market is on freeze. And no one in the world can predict what happens next day: mega crash or rocket jump.
Also, often ppl tend to base their investment decisions on some news from inside the project: new release, new features, etc.
Unfortunately, it's often does not influence the coin price in any way, no matter how good news are.
Because, there are more important market parameters.
Just to remind you. Don't invest in hurry. Think over and analyze risks.
As usually, my recommendations are based on private research, calculation model (I will disclose in separate post later) and analysis.
Feel free to make your own research on each coin I recommend.
And also, don't forget to hit me back at least with an upvote when my posts get your closer to your Lambo :)
Gods bless you!
I would say upcoming new releases and features influence the price the most.
Yes, but sometimes in the opposite way :)