I wonder, who is buying Bitcoin and alt coins like $ETH, $BET & $LTC so high now. what happened to the buy low & sell high rule?
It's very clear this time that it's the institutional investors who are throwing their money into bitcoin.
There are many people who are buying altcoins because they think that the altcoin season has started but I think they are wrong.
Bitcoin season hasn't ended yet since people are still buying bitcoin and it may break $40,000 soon.
Anyway, it's quite obvious that once bitcoin starts falling, the market will bleed in red although it's not happening any time soon.
If you are asking this question, then the fact that people are buying XRP is even more pressing
I know right. Even I was wondering who are these people who don't even know what they are getting into.