Every time someone creates a new shitcoin, the money spent on crypto gets further divided which means the future moons become smaller and smaller. There are over 1,000 shitcoin currently and over 600 dead ones. If I don't have a Lambo yet is it too late?
>>3509533
buy high and sell low
>>3509533
There's always new money flowing in, don't worry.
>>3509533
>coin dies
>old money gets redistributed into new coins
Huh, how about that...
>>3509533
Astute observation OP, the crypto market is becoming increasingly fractured and the pool of money just dropped by 10-20% with china closing domestic exchanges. Valuations suddenly seem unrealistic.