WBTM on Nostr: In the short run, the market is driven by hype, trends, and emotions – it's like a ...
In the short run, the market is driven by hype, trends, and emotions – it's like a popularity contest.
Think of meme coins and how social media influencers can pump their value overnight.
But in the long run, the market is a weighting machine, meaning it evaluates the true value and fundamentals of assets.
This applies to crypto too. Short-term buzz might spike prices, but only solid tech and real-world use will sustain long-term growth. #bitcoin
Published at
2024-06-06 06:10:20Event JSON
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