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Early this year, the crypto market witnessed one of the lowest capitalization ever, and also in this year the cryptocurrency market witnessed another high of all times in volumes.
The implication of this is that when volumes goes up, it comes back down and up, it gonna always be a wave, it goes up and it is just like gravity.
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Sometimes it seems as if everyone is gonna run from cryptos and then the rise in volumes start.
Although the rate of change differs, there is the long change and the short change, everybody wants to make fast profits and run for the short change while the big investors and some smart ones opt for the long term change.
There are two types of changes I think 💭 .
- Change in value of the currencies
- Change in the market capitalization.
Change in value is always a result of panic selling or sell offs when people fear crypto is running away lol, the smart ones make use of this opportunity to make profit while the panic sellers lose.
Many fall for news either to praise the currency so it can go higher and make more money for the big players or a news to instill a little bit of fear and skepticism to cause panic selling.
I have been a victim also when I was just coming in, I still made some good profit with Etherum and Ethereum classic by virtue of good luck, I guess.
Steem is the steaming currency now and It has an edge over all other major and Altcoins.
It's being driven by people and social media and we all know that the mover of things is social media, let us then imagine a currency that has social media integrated into it. There is no doubt it's just beginning a special and steady run at the moment.
The market looks down now, make use of that and smile when another boost arrives.
The volume will super rise soon, trust me.
