Quote from: kryptqnick on Today at 10:35:04 AM

Quote from: BayAngelo on January 28, 2021, 09:50:53 PM

I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.

I agree with you that the market seems stronger than ever. There are still some manipulations that affect the price, but this happens temporarily, and the effect is way smaller than it used to be a few years ago. I also don't think we'll see the price below $20k ever again. As for the crypto market being saturated, I'm not so sure. Bitcoin still holds a very strong market capitalization dominance of 40% (just like in 2017), and Ethereum takes up another 18% of the market. Then there are thousands of altcoins, but they all take up very small bits. There are many options on the market, but it's largely dominated by a few big names than widely diversified.

Manipulations will always be there, we can't stop them from existing, all we can do is ignore them. Prices will go up and down out of nowhere for no reason at all and we will have to learn to live with them, that is all we can do, just learn how you could ignore them. However if we could keep ignoring them, then we are going to make a lot of money as well, because in the end we all know that we will not be losing money from crypto if we could ignore whales and their manipulations and stay for long term.

Crypto has been the best thing ever against inflation and if you have money in crypto that means you worth more right now than what you worth last year around the same time, even after the drop from 64k this is still a true statement.