The price of the current encryption market has fallen so badly that I think the bear market has already arrived. I think at this time we can continue to purchase some cryptocurrencies and wait for the arrival of the bull market.
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I don't think the market will recover in the short term. The encryption market has continued to fall since entering 2018. It has continued until now, and now the price of many cryptocurrencies is very low.
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The market will not collapse. Although the performance of the encryption market has been very poor this year and the price has been falling seriously, I think this is just a normal phenomenon in the market and the market will recover in the future.
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I think the current encryption market is a long-term investment market, and I think it is Bitcoin and Ethereum. They are very valuable for long-term investment.
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Ripoco is a virtual currency issued by RippleLabs, which is the basic token of the Ripple payment network. It can be distributed throughout the entire Ripple network, with a total volume of 100 billion, and is used for cross-border settlements.
The emergence of digital currency to a certain extent shows that the external forces with Internet technology as the main driving force are deeply influencing and changing the financial order that has been formed. Restructuring cannot be accomplished overnight, and changes in market conditions in the financial sector are even more moody. Therefore, we have seen some changes in the ups and downs of the virtual currency market.
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I don’t feel alarmed about the current encryption market. Although the current encryption market is continuing to fall, I think this is a normal phenomenon in the market. Now we will have nothing to lose if we hold our cryptocurrency and the market will rebound. This is only a matter of time.
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Yes, I do believe in cryptocurrencies. And I've been investing in cryptocurrencies all the time. I joined the encryption market through my friends and I earned some money last year, so I really believe in cryptocurrencies....
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In this year's market, of course, I will not immediately sell, unless I need money, otherwise I will not sell my cryptocurrency. The current market conditions are very poor. I will wait patiently for the market to pick up.
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My understanding of Ethereum is to build a platform based on the blockchain to create and run smart contracts for users. A smart contract is a contract that is automatically executed (at the time of triggering a preset condition). Typical application scenarios include borrowing, etc. There are specific explanations in Ethereum's introduction. Blockchain can play a beneficial role in many areas, after all, it is a big and new underlying technology. Including but not limited to p2p cash, quality backtracking, smart contracts, voting for elections, permanent commemoration, authentication. Does Ethereum become Bitcoin 2.0? Here's an analysis - Bitcoin (BTC) is based on p2p cash as its core goal (it can also add other features to its sidechain). Ethereum is a smart contract. Ethereum (ETH) is a token used to pay for royalties when creating a smart contract at Ethereum (currency in the Ethereum system). They belong to different areas under the blockchain and have different goals. There is no iterative relationship, which probably cannot talk about 2.0. Another possibility is that when investing (speculators) discuss 2.0, they point to whether Ethereum can reach or exceed the historical market capitalization growth rate of Bitcoin. This can be analyzed. The value of investment can also be analyzed. As follows: The value growth space - if both of them (BTC, ETH) eventually reach their goals. At that time, the market value of p2p cash (which can also be simply understood as online cash) is obviously greater than the smart contract. Ethereum provides only a contractual solution for removing third parties. The biggest application of the current blockchain is p2p cash, which is also the medium term. If you think about how much and how large the routable currency of each country in the world is now, you can probably feel it.
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This year's encryption market price is very low, and this year's encryption market has been falling. I don't know if the market will rebound this year, so now all I have to do is hold my cryptocurrency and wait patiently for the market to pick up.
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I don't think it's a good time to invest in Ethereum now because the price of Ethereum has risen a lot. We can't be sure how much Ethereum's price will rise, so I don't recommend investing in Ethereum at this time.
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From the current market point of view, although the price of the encryption market has begun to rebound, but the rate of recovery is not very large, the current market, there is still the value of investment.
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Oriental countries seem to have a higher level of bitcoin closure than Western countries. Russia is currently the largest country in the country that declared bitcoin illegal. However, China and South Korea are the two countries that have recently stepped up efforts to review and monitor the use of Bitcoin. In fact, the price of Bitcoin has fallen dramatically in the world due to the influence of the Chinese and South Korean governments continuing to rectify the cryptocurrency. According to reports, there are 100,000 signatures in Korea requesting refusal of proposals to ban cryptocurrency transactions; 30,000 signatures have requested the removal of two ministers, the Finance Department and the Legal Department, on the grounds of manipulating the market.
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I think the encryption market has no end, although the current encryption market is declining, but I think it only fell in a period of time, after this time, the price of the encryption market will still rise.
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I will continue to support Ethereum. Smart contract: A program stored on a blockchain, run by each node, and the person who needs to run the program pays a fee to the miner or owner of the node. Uncle block: Incorporates a shorter block chain that is slow to be received in the parent chain in time. The related technique using a directed acyclic graph is used. The development community is solid, growing, and has the courage to use hard forks.
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The prices of Ethereum and Bitcoin fell sharply at the beginning of the year and fell into a suspicion of life, but I was not frustrated. I purchased Bitcoin and Ethereum during this period. Now that their prices have risen, and that they have gone up, I know that my choice is right. Now I just wait patiently for the market to pick up.
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Look at the market conditions at that time to judge if you think that the current price has reached the price you expected, you can sell it. If you feel that the price is low now, you will continue to wait.
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The market decline is a normal phenomenon, and the current encryption market has started to pick up. However, there are occasional fluctuations and prices will fall. I think this is a normal phenomenon, so I think there is nothing worth worrying about.
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I think the encryption market won't collapse. The encryption market has survived for so many years, and there must be reasons for it to survive. Occasional fluctuations in the market are normal.
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After a period of time, the market has begun to slowly pick up, although occasionally it will fall, but the price will rise. I think the market has started to recover.
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