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RE: CRYPTOCURRENCY HIGH RETURNS MAKING ROOKIES THINK THEY ARE GOOD AT INVESTING (tag someone that needs to read this)
The moral of your story is you need to take the time to understand the ecosystem and what drives the exuberance of the market and price.
Yes @chesatochi as well as what moves are being made in each individual company; what is the surrounding level of interest in their industry?
Do you talk about the hype?
Hype is definitely a factor, and the way I see it is: the crypto market currently has something of a multiplier on news surrounding a coin. In other words, when a compelling piece of news comes out about a coin, the price responds in a much more drastic way than if similar news were to come out about a company's stock. The crypto market just has such a massive spotlight so events affect the price sometimes 10x that of a stable market (like the public stock exchange)
One of a good example lately is the crypto Raiblocks.