Bitcoin Seem To Affect People Like Moon Affects The Animals.
With each Bear and Bull markets as well as significant Pumps and Dumps something happens to people…
I am referring to human behavior! For some reason the volatility either brings people to crypto or pulls them away!
I have noticed that quite recently during more volatile Bitcoin moves. When BTC goes up, the space becomes more active, people come out from nowhere every crypto project gains in user activity.
But, when Bitcoin dumps, the opposite happens - as if the people suddenly vanished.
I understood that to happen during the Bull and Bear market, but I didn’t expect that to happen on significant Pumps and Dumps.
Are we all hooked to crypto on invisible line and whenever Bitcoin does the move we move with it?
Hmmm…I think there is something to it but this is just my conclusion based on the observation of the space and activity around it.
Sometimes I wonder - where all this people come from suddenly??? lol
I remember how during the 2020 Bull market Telegram chats were going absolutely crazy whenever a project achieved a milestone or just an update of some sort, CEX listings had one of the most significant impacts on user activity.
Now…If you are new or just returned to crypto space, I wonder - how did you get here, or what made you come here?