Scattering the crypto market

From the beginning of the year, even extending the range from 1 year ago until now, besides Bitcoin and a few Meme coins, along with two outsiders BNB and SOL, the crypto market is extremely gloomy.

In investing, there is a magical quote: "If you believe it, sell it", this is explained by a few other sayings such as "If the water is too clear, there are no fish", "There is no room for growth"...

Looking at the chart below about the market cap of the crypto market, it can be seen that the market cap period of 2016 and 2017 is very small, with few players, but this is a golden period for investing, similarly for players in 2020 - 2021. You will see that at this stage you will win no matter what you buy.

Why is it so strange, small market cap is bad but how can you make good money? Because it's small, it's easy to manipulate, easy to pump up, easy to increase 1-200%/day, that's the advantage of having a small market.

Now, when the crypto market has reached a new level, its fluctuation range is no longer the dream or impression of previous investors. Of course it will still be better than traditional markets like stocks, but it is already less attractive, that's what you don't realize.

As the market swells more and more, and there are more players, remember that hedge funds often like to play short (short selling) to crush the market rather than buy up, the market will enter a more tense period. It's not as easy to eat as you imagine.

Unconsciously, this market is no longer full of gold, but to make money you must be equipped with more modern equipment, weapons, and better information and knowledge.

Alex Le