Why Crypto world is so Volatile?

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I have been in this world for almost 3 years now. I have seen the crypto world is very eruptive. One moment it will put a huge smile on your face and the other moment everything will go Kaboom. The crypto world is almost like our shoemotions :P XD. Daily I see hundreds of projects are being introduced. Many people made thousands of dollars during the current upswing. They jumped into the projects they didn't know much about. Without any research they bought coins. Most of the time it worked and sometimes it happened to be just another Shitcoin.

I have been very particular when it comes to investment. I didn't invest in anything I don't know much. When there are bursting bubbles in the crypto world and the market takes a downtrend, I have seen people reaction, in certain situations. But my question still remains. Why this volatility? Is it because the crypto world has a small market cap? The way millions of new projects are being introduced, I don't think cryptocurrency has a small market cap.

I want to understand this crypto market so for this purpose I realised I will have to look at the factors that influence the crypto market. One of the major factors I have figured about this volatility is Speculation. I am beginning to believe that speculation is the main reason for all this crypto volatility. People make assumptions they make bets and then they sell and buy Crypto.
Over time we have seen this lucrative crypto market sure lures the speculative traders. And then we see these traders make big money based on their speculations. Some fail badly and some get the big-time achievement.

I don't know in which category i do fall but two days ago I fell for this project :P XD



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I had 0.17BNB in my trust wallet and I spent the only 0.04bnb on this glass coin. So for just 19$, I got a lotttttttttt of Glass. :P XD Well, it could turn into a shit coin or a hit coin. As I said the crypto world is all about speculations. They just released their website and I got to know some Big YouTubers are behind this project. I found this project interesting so decided to give it a try for just 19$. Now let me assume if it only gets to 1 cent then I am already rich.😂 I remember what Neo sir said You see some project if you find it interesting then buy some coins and if it turned into a hit coin you become rich accidentally :P XD.

The Dogecoin example is in front of us. How it became shit to Hit so you never know what the crypto world is holding for you.



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Haha... Crypto so unpredictably unpredictable.

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The volatility with cryptocurrency is probably one of the interesting things about it. You never know what you might get

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I might buy a few glass aswell. I think I have some idle bnb xD

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