People with money buy crypto as an expensive lottery ticket. The sky is the limit especially when you buy 10 grands worth of something and it makes you a millionaire. The market is over saturated, nobody uses this tech and the game has completely changed. I expect all this stuff to go to pretty much 0 before it goes anywhere. I first came to crypto in 2012 and litecoin was 3 or 4 dollars. The market bubbled and it went to 48 dollars. I then watched it sink in a death spiral to 1.2 dollars, BELOW the price where i came in at in 2012. This is exactly what is happening now, it will all, the entire space go to next to 0. I plan to buy EOS at around 1 or 2 dollars and everything else i fancy because basically a worthless nothing becomes a lottery ticket with 10 grand thrown in.
The bottom will be obvious when the prices of most coins sit at a low price for a couple of months because its just not even worth selling at X price.
When 10 grand will buy me 100k or more stratis ill start to buy because thats when it becomes a lottery ticket with a viable risk reward ratio.