do you think the institutions with actual plans to use these coins and tokens have already bought in? It seems pretty silly for the big money to sit in the sidelines while the price rises until they decide theyre going to need it later
Big money are waiting for the big boom. They are waiting for the market cycle called UPM or unsustainable parabolic move where the price really goes up too fast too soon like what happened last early january this year. They will sell there believe me. Nobody knows when will it happened again but the signs are.
1. The price is not creating enough pullbacks
2. Everyone is talking good on news, social medias, forums about blockchain/cryptocurrency.
3. The Crypto market specially the most adopted ones will have INSANELY BIG GREEN CANDLES. That's the moment when FOMO buyers thinks that the price will never go down. They will learn the hard way because after the UPM, it will going to be BIG CRASH like what is happening on every kind of market.
That is what we called MARKET CYCLES.