By now cryptoland has gotten used to big market swings during the week with the marketcap climbing and dropping nearly 10% at times throughout the week...then climbing back to erase losses.
Is this the "big" money that's moving into crypto and are normal investors in for a very bumpy ride?
Or, is this going to be the norm as cryptocurrencies accelerate towards a several hundred billion dollar cap and potentially a 1 TRILLION dollar cap?
I tend to think we have seen the ATH's for the year and now VERY heavy consolidation is under way. Ethereum has exposed some weaknesses and the BTC fork is still looming.
Alts are manipulated daily and the small caps are quietly being bought up for later pumps.
We are buying the biggest dips and HODLING until end of the year, but I personally think 2018 is the year Crypto officially breaks loose.
Please share your thoughts on it,
yes it is...
-15% today, +15% tomorrow. This is great for someone looking to get in, you never had to wait long for a dip.