After peaking at approx $800 bil in Dec 2017, cryptocurrency market cap gradually decreased (~ 289 bil on 23 Jul 2018). But in contrast, the number of exchanges
increased dramatically during that time.
Do people want to grab a piece of a smaller cake or they believe the cake become bigger? I am so doubtful about the latter scenario.
This is simply the way of making good money in a relatively short amount of time, so then, why of course, people want a piece of that cake!
but we still have to be careful in trading, don't let us get into the dirty exchange trap so we don't get the small pieces of cake that are expected