How the rollercoaster in crypto market happens?
I had a few answers but also an equal questions about the crypto currency.
Basically, the Rate of the crypto is based am the market volume ( which mean how much coins are in sold). We have to keep mind on that. Next this is going to be the great rollercoaster. Not only a whales are in the steemit but also in the all the crypto market. They were a bulk in capital investment which is nearly 150BTC ( my assumption). They will straight make a deal with the owners such as @ned is the owner of Steem coins so they can make a deal with him as they were going to invest in Steem coins so the market volume of the Steem coins will reach high as we never expected( such as the coin rate will increase from $0.4 to $6). So the nobes who was a new to crypto ( like me) get noticed that the rate of the coin is increasing and we change our mindset and we invest for $6 lot of people like us start to invest hence the market volume increases bit as we too started to invested on that crypto this may result in rate of coin to $7 hence the whale gang withdraw their all their investment which they get $1 extra as we invest to increase the market volume. They will get a more bulky profit. And as usual the prices will reach $0.4 so we need to face a huge problem 😂😁 That's the crypto currency.
If you disagree with what I said? Then leave your answer ---- am eagerly waiting for more reply
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