You are viewing a single comment's thread from:

RE: Crypto Hype Bubbles - Why You Should Invest Long Term

This is because the general market trend is up. There are probably ~10 million people in the crypto markets today, which can easily grow to say 100 million. In that scenario, you will see 10X growth on average across the markets. Over time, people in the game will become more sophisticated and prices will better reflect true value. Also, why doesn't Litecoin ever move? Geez! ;-)

Sort:  

Never move? USD$4 to USD$46 in the space of 5 months!

Of course, I agree with you statement on market growth. As more people buy in, the market cap will naturally rise alongside the user growth.

Coin Marketplace

STEEM 0.28
TRX 0.21
JST 0.039
BTC 96750.73
ETH 3691.02
SBD 3.85