Re: Why are so many investors optimistic that the market cap will hit trillion?
Why are so many investors optimistic that the market cap will hit trillion this year?
I don't understand. Theres just no new money or dumb money flowing in cryptocurrency like it did in late 2017. FUD is causing so many people to pull out. Many of them may not ever put money back in due to constant fear and worry.
Until you hear crypto talk taking over your company parties again like it did in December, we wont reach that big of a market cap anytime soon. Please wake up.
I don't understand. Theres just no new money or dumb money flowing in cryptocurrency like it did in late 2017. FUD is causing so many people to pull out. Many of them may not ever put money back in due to constant fear and worry.
Until you hear crypto talk taking over your company parties again like it did in December, we wont reach that big of a market cap anytime soon. Please wake up.
If you go back and look at 2017, the year you've referred to, you'll see that until may there was very little growth, then it all started from May onwards. It's entirely possible the same thing could happen again and it wouldn't need to go anywhere close to the levels of growth that last year had in order to reach a 1Tn Market cap. The dumb money is not needed to go from a 300m market cap to 1 trillion, it would be needed if we wanted to go to 5tn this year.