RE: We are entering a new crypto period
Anyone can speculate on this as no one knows for sure. Those who exited bitcoin at $100 were considered to be smart by someone too. And what do we have now?
So what if the government closed one exchange, P2P exchanges will start to grow bigger and stronger.
Amateur investors will learn from their mistakes and become educated and experienced.
And i do not agree at all that Bitcoin hit mainstream. I will agree to this when my mom will call me and will tell that she bought bitcoin. Then i will know that market hit mainstream :) As for the value and alt-coins, yes, some are overvalued or with no value at all. But when making a buy decision be it crypto be it weed or be it mcdonalds one should know the risks and evaluate for himself. Free market has it's benefits and it has it's toll. The most important discovery here is technology of block-chain. The rest is speculation, at least for now.
Personally, I wait for a significant pull back. About DEX'es - people always forget about liquidity. Just take a look at volume history of bitCNY. How can I keep big money in this tokens? Sometimes there is just no trading volume! I vote for the next iteration in the crypto world with a better tech. I think it's only possible after a huge pullback.
Ofc, because people a greedy, and when they are greedy they are blind. There are a few tokens with technology and working products that you can invest into if you like. Since life is always in cycles there will be some pullback. But i believe it will be compensated by those who are just entering the playground. And capitalization even it seems huge in nothing when compared with other economies inflated by central banks etc. If you are saying that tokens with no underlying technology are inflated, then what is dollar? What is Euro? Or any fiat currency for that matter? That's where the real bubble is. But ofc, it is all about personal choices. And none of us, neither you, nor me, can know for sure. Would be nice to know, though, wouldn't it :)
That's why this is the Trading period. Nobody knows anything, but thx god at least we can trade!
Yup, nobody is forcing those people to make stupi decissions. And we can also fall into the same trap :) Who knows :)