People never stop buying tulips. There is always a new breed that create a new self-propelling market rush of doom.
Crypto assets have one rational thing behind them - as an asset class their value seems to fluctuate more or less randomly, hence (as long as the value fluctuates above zero) they provide a nice asset class that is detached from every other asset class - which means they are a nice way to pad an investment portfolio.
Crypto assets have one rational thing behind them - as an asset class their value seems to fluctuate more or less randomly, hence (as long as the value fluctuates above zero) they provide a nice asset class that is detached from every other asset class - which means they are a nice way to pad an investment portfolio.