RE: CRYPTOCURRENCY HIGH RETURNS MAKING ROOKIES THINK THEY ARE GOOD AT INVESTING (tag someone that needs to read this)

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CRYPTOCURRENCY HIGH RETURNS MAKING ROOKIES THINK THEY ARE GOOD AT INVESTING (tag someone that needs to read this)

in cryptocurrency •  7 years ago 

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)

cryptocurrency
7 years ago by

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      ·  7 years ago 

    One of a good example lately is the crypto Raiblocks.

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