Throwing an idea out here, with the recent correction seeing almost all the good coins on sale. A few things to keep in mind, a lot of money has left the market for some big name ICO’s with really large presale buy ins.
A second point, most of the Wall street bonuses are being paid out from now until the end of the month
Wall Street’s top banks are expected to announce bonuses:
Morgan Stanley is set to kick things off this Thursday. A person familiar with the matter said the bank would also announce managing-director promotions.
Citigroup is next up the following week. It is expected to announce just after the Martin Luther King Jr. holiday, so January 16.
JPMorgan is expected to announce in the middle of that week, around January 17.
Goldman Sachs is expected to announce at the end of next week, so around January 19.
Bank of America Merrill Lynch is the last to go of the big US banks. It is planning to announce the following week, on January 23, according to a memo sent to staff Tuesday, people familiar with the matter told Business Insider.
The bonuses are typically paid out a week or two after they are announced.
With the current appetite for crypto I forsee a lot of money entering the market in the last week of Jan and first two weeks of Feb