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RE: Cryptocurrency Price Predictions for July 2017!

in #steem7 years ago

I still believe that the prices will be more sentiment driven. Most of the traders in cryptocurrencies are just there because of the highly positive volatile nature. The top 10 currencies are very crucial as most of the traders who are just investing to make quick gains will keep on taking profits and if there is a high fall in prices all these investors would have been out of the market.Its complex to understand the sentiment, but I personally feel that the number of blockchain illiterate traders constitute of about 30-35% and thats dangerous for the prices in short term. The bumps will be deadly.

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