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by akshayB 1869 days ago
Crypto is wild wild west even a small speculation can send prices up like 10-20% in a day. There is little to no government oversight, if you have a hint or some insider knowledge there is lot of money to be made. Other thing you can do is whenever crypto is down just put few dollars across all options you have and eventually one of these coins will skyrocket and you diversify again.
2 comments

Funny thing lot of S&P 500 companies if they do like 5-10% more revenue Wall Street hold a parade for that stock, while in crypto it can happen in matter of hour.
I think that's because Wall Street believes it when a company does that much more revenue.
Good thing crypto has done it's cycles before without Musk. The market doesn't need anyone to grow.