Why Market Fluctuates (Part 1)
Crypto market acts similar to Equity Market where different Coins/Tokens enlists to attract investors by highlighting the potentials and prospects (I am sincerely excluding the tokens which do not have any utilities, purely speculations).
When we observe fluctuations, it’s easy to tell the differences between buyers and sellers demands. But how it can be determined? And how can we determine the prospective top or bottom of any Coin’s price?
No financial forecast cannot be made in Crypto, because simply it doesn’t exist. We cannot evaluate any Coin/Token based on its fundamentals; we have to solely rely on market sentiments combining with macroeconomic factors and upcoming events.
We have to always remember one key factor, the Coins/Tokens may generate money to the issuers, but these itself do not generate money. Meaning if someone is buying, definitely someone is selling. If someone is making profit, definitely someone is losing money. It’s all about creating demands showing the prospect and taking out the money by dumping it.
Key control is always in hand in Whales, Issuers and finally the Authorities; there is no other way around, they are all related for any fluctuations.
To be continued….