Crypto Market is Dropping like its "HOT"?

# Well, let's face it crypto is in its entirety "INTANGIBLE" & purely "hype" based market.

Human psychology and emotions cycle through Bullish and Bearish phases in reaction to seemingly relevant news that often has nothing to do with the underlying asset in question.

The same happens​ with stocks, bonds & forex markets. ​That’s why many people advocate a “HODL” (Buy and Hold) strategy when it comes to crypto — because of​the ​ year over year, many crypto assets, especially the major ones, end up looking quite good.

Another major factor is that institutional-level money, as in​ billions of dollars - is entering the crypto markets, and fairly rapidly, too.

And the prices that multimillion dollar orders get for any crypto assets​ via OTC trading are always better than those cited on retail exchanges.

Finally, “whales”, aka major investors, know how to play the crypto markets to keep prices down temporarily​​​ so that they can buy in at low prices.

Based on the levels of institutional investment we’re starting to see in cryptocurrencies, crypto asset-based​ hedge funds, security tokens and other derivative products - I continue to be optimistic that overall crypto​ asset​ prices will rebound in the fairly near future - possibly even within a few months.

My point is:

If you watch crypto prices, thinking and investing in terms of months and years - you’ll likely be a lot happier with your results than if you watch, think and invest on the scale of hours or days.

Best Regards
Hareem Haque