3 Signs Traders Don't Care If Cryptocurrency Is in a Bubble
If you ask a group of people why they are doing something, it's likely that even those behaving the same way will give you a range of answers. Individuals can have all kinds of motivations. When someone decides to rent or own their home, it might be because of affordability, flexibility, or the preference of their significant other. Similarly, any asset has buyers and sellers all making choices for their own reasons.
I was reminded of this when Bitcoin (CRYPTO: BTC) and other cryptocurrencies crashed again last weekend. The volatility prompted many online conversations about a bubble and more volatility ahead. However, those asking if the wild swings and popularity of meme assets like Dogecoin (CRYPTO: DOGE) is a sign of a speculative mania are missing the point. Here are just three of the signs that traders don't care if we're in a bubble.
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Source Fool.com
