ON June 19th, the co-founder of a the highly touted Cardano (ADA) coin sent out a tweet stating that trillions of dollars are about to enter the crypto market. Basing his tweet off facts and reality, the simplified version of his tweet can be defined like this. The market has essentially been in a "bear-market" which means the market has been shitty essentially. But according to him things are about to change very very soon. There has been a lot going on with regards to regulation in the crypto-market. As soon as the regulatory market is established, the market will undoubtedly take one of Elon Musk's spaceships and soar to the moon. There have been numerous rumors of Wall Street money to be finally dumped into the market which stands as the leading cause for this turn around. But an important question to be answered is the question of "Where" this trillion dollar dump will actually come from and essentially how does a regulated market turn this thing upside down?
Here is how to understand where this numerical value of a trillion dollars come from. You need to understand what an institutional investor is. What creates an institutional investor is; pension funds, players that invest in mega amounts(billions, trillions) and mutual funds. if you are familiar with crypto they are called whales. Lets call these institutional investors geniuses because they are the rational human beings that impact the markets tremendously.
Good point. I really hope you're right man!
Talking about ICOs, after doing your own research, also finding good ICO projects can be profitable.
I want to share with you guys a new exciting project I have just discovered: RAWG.
Look at this article where the team explains:
“Why the games market needs RAWG”
https://medium.com/rawg/wp-bits-1-why-the-games-market-needs-rawg-ccf039c0bae7
The ICO will start in a short period and they are at the moment in pre-ICO phase. This is the site: https://token.rawg.io/. It's a video game discovery platform that converts your skills into goods and services (the site is already working, with more than 57,000 games in the database).
Have a look and get some information while doing your own research!
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