Currently, the kimchi premium is in a continuous backwardation state, with overseas, especially the U.S., leading the rise.
New investors are not yet flowing into Korea, and they are likely living with thoughts like, "Oh? Bitcoin has gone up? I can't do it because it's too expensive."
Many of them will enter late when the alt season comes.
At first, they start with small amounts, but eventually, they feel FOMO and end up speculating on life with increasingly larger amounts instead of investing.
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