While I am not a Japanese market expert, I still can see some things; which I want to share. Correct me if I am wrong.
Recent flow of cap from Japan has brought us a few things:
These guys are coming from a country with 0 interest rates. They have to invest in stock market in order to make money. Their investment philosophy is buy and hodl for a long time. They don't care about selling the stock when the time comes.
The whole market cap got it share for a few weeks. Today it is somewhat different:
Traders want the small ones, ditch the whale-currencies, because they already have a lot of cap. If the currency has low cap, it can increase a lot in price when a few bucks move into it.. I guess Japanese people are clever and they know how to invest. They even use virtual currencies in subways etc. The crypto adoption in Japan will be faster. They are more tech-savvy. Tamagotchi was born in there, if you remember.
So a new culture of buying small stocks (e.g. small currencies) may be ahead. And probably they will hodl onto them.
This is of course just imagination. The reality can be different. As always every crisis is different and unexpected from the prior ones.
HODL the DOOR!
