RE: Why price actions always do not relate to developments: A case for LEO
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Markets are very hard to predict, and as we can see here big players can make an impact.
Something I have noticed for se tokens but for crypto in general as well, is when the go up, they usually go up much more than you expect, and when they go down they go down more than you expect as well.
Like nowbody could imagen that steem will go to 0.12 cents when it was 1$ or 2$. I guess now people think the same for the up trend, but who nows what we can see.
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Yes, they are just more volatile in both directions. Steem went from $1 to $8.5 in three days. From current low price point of Steem another 200-300% gain will be quite possible. It means possible gains are bigger if it is timed correctly or vice versa.