I often get the sense that 50% of the volatility in the market comes from first time buyers who get nervous once they see even the tiniest downtrend.
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I often get the sense that 50% of the volatility in the market comes from first time buyers who get nervous once they see even the tiniest downtrend.
I completely agree. There are lot of new comers in the market driving crypto market.
There are three coins that almost every single new person on Crypto buys are BTC, ETH and XRP.
If BTC crashes they will lose confidence in cryptocurrency and will move out all together.
i am agree with you. BTC is considered the first entrance into crypto world. Most newbies need it to buy their first crypto. If it crashes, other coins are hardly to survive.