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RE: Crypto - Is the party about to begin again?

in #crypto6 years ago

Unfortunately, past results do not necessarily forecast future performance... However, I do believe that the demand for most of the blockchain related assets remains high and the problem lies with the amount of assets still out there that have not added assets which are dragging down sentiment of the overall market. The next bull run will highlight the divergence of quality assets only!

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While that is a very good point and certainly true, there is something to be said about seasonality as it relates to crypto. As you know, crypto doesn't really have any fundamentals. No earnings no balance sheets, no dividends. It is driven purely by animal spirits. Which in my opinion, would make seasonality patterns slightly more prevalent and predictable than they would be in something that wasn't driven quite so much by human emotion. Just my thoughts. :)

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