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RE: Cryptocurrency Price Predictions for July 2017!

in #steem7 years ago

Most of the market is hyped up right now if newbies get in on the cryptocurrency before the correction we will be witnessing Mother of All Bubbles (MOAB) because everyone will be wanting a stake to hold on to so the price will shoot! Most of the people are used to risky online ventures like forex and binary options so their risk tolerance will be higher making the bubble even bigger. Most will become millionaires and others billionaires

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What exactly do you think cause the 'bubble' to form? New investors like myself are coming in with money to invest. Just in the last month there have been hundreds of thousands of new investors coming into the market. The MOAB you are referring to is just getting started and may last for many more months if not years before any major market correction.