The 2020 Crypto Money Flow Cycle

Written by rektcapital | Published 2020/10/06
Tech Story Tags: bitcoin | bitcoin-spotlight | cryptocurrency | ethereum | altcoins | crypto-money-flow-cycle | crypto-money-flow | hackernoon-top-story

TLDR The 2020 Crypto Money Flow Cycle is predictable because crypto market participants are predictably irrational. The typical cryptocurrency investment will start with Bitcoin as it is the world’s most notable cryptocurrency. And as more investors dedicate a portion of their income/savings into Bitcoin, the price of the asset will rise. When Bitcoin’re price rises, it is at this point in time where investors are enjoying enough returns to start thinking about how they can build their wealth even more. Inevitably, they stand before the decision of whether to simply buy more Bitcoin… or to allocate some of their funds and build exposure in other cryptocurrencies.via the TL;DR App

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Written by rektcapital | Cryptocurrency trader. Author of the Rekt Capital Newsletter
Published by HackerNoon on 2020/10/06