If we have less new investors, so the prices tend to fluctuate less? How much dependent of new investors the prices are ?
The new investor cannot be used as collateral, that he can bring price changes the big one. Because basically, cryptoglobal prices can only be affected by demand and supply, both by new investors and old investors. In addition to demand and supply, there are several other factors which form crypto prices, such as other interests namely for hedging, the price of crypto trading contracts and so forth. If you are already accustomed to investing in crypto, then you will be amazed by seeing crypto prices that can change quickly every day, even in minutes.
I'm sure this's the main factor of all the increases that occur.