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The United States can affect the economy of any country, which can affect world commodity prices. Including one of them is crypto assets.
Related to the red candle color on the Bitcoin chart, which worries some people, it is because there are some investors who secure
their bitcoin assets. Because of the high demand for bitcoin, the price went up again maybe like that.
However, after the USA presidential election was over, bitcoin could survive and return to a price of $ 15,324 today.
I stated that it was just an ordinary correction.
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Some public opinion says the price of bitcoin has risen since the start of the USA election campaign. In fact, crypto assets were rising not only during the USA election campaign. In fact, before the USA election campaign, the price of bitcoin had gone up.
Even a few months before PayPal’s news adopted Bitcoin, the price of bitcoin had gone up first. But I don’t know about the rapid decline in the price of bitcoin, which came together when Bidden won the election in the USA. Maybe it’s the market reaction that should be like that: bumpy, it’s also impossible if the bitcoin charts will align steadily. Or maybe Bitcoin is undergoing a correction. But the drop in the price of bitcoin has now recovered to $15,174
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BTC CMC today experienced a decrease of 3.50% in the last 24 hours. Now it’s $14,920. I think this is a correction.
Last I saw the bitcoin price of $15.500. But I don’t know how much will come down. If it keeps going down, chances are you will have to prepare again to buy it.
I don’t think you should blame yourself for selling bitcoin at $14.100. That means you’re not greedy. But you also don’t have to rush to sell your bitcoins,
so if the price continues to be $16k, you won’t cry.
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One benefit of escrow is that managers and bounty hunters alike will get paid. So it will minimize the cheating committed by projects
that intend to run after getting investor funds, or after their project is successful.
It can even avoid unilateral decisions if there is a sudden reduction in bounty funding by the project.
In addition, payments for participants and managers can be on time in accordance with the mutually agreed rules.
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Now btc priced at $ 15,518, but I’m not sure if the election in America could make bitcoin price go up beyond $ 15k. Apart from that, there has been a lot of positive sentiment from the past few months, triggering bitcoin prices to rise upwards.
If you look at the current price of bitcoin, it will probably be very easy to hit $ 16k this month or even surpass that price.
Moreover, the mass adoption of crypto widely known in the world community, even though the price of bitcoin will quickly fall drastically, investing in bitcoin is still considered a money mine. The proof is with the increase in bitcoin from several months ago until now, many investors have benefited.
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Xcard was indeed a project last year which I think is very disappointing. Apart from me, many participants were disappointed with this project
because there is no clarity and no distribution for bounty. Because it’s an old project, I’ve forgotten if I’ve ever participated as a participant but didn’t get rewarded.
Don’t know how to developer, escape or where
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For the old coin of 2014, I only held ethereum in my wallet. Of course, there are other coins too, but it's not a coin from 2014. Those coins are from 2017, most of which have fallen in value. I keep it just trying my luck, maybe a few more years of worthless coins that can provide good value for the holder.
But for bitcoin I hold it for a long time until the price reaches ATH.
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Positive sentiment and bullish conditions in the crypto market led many investors to buy Bitcoin. When the price of bitcoin was still between $9,500 to $10,800,
two months ago a large institutional company bought Bitcoin, one of which was financial services company Square which bought Bitcoin when the price was between $10,600 as much as 4,709 btc, this made bitcoin increasingly move to the top level. Then on October 21, 2020, when the price of Bitcoin was still between $12,300, PayPal announced it would adopt the cryptocurrency. This news makes the crypto market more positive. Until now, bitcoin could be at $15,570 with a 24-hour.
It is possible that if there is a lot of positive news, bitcoin will continue its price to $ 17k even up to $ 20k.
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Staking is a great option among the many options apart from investing. if you choose the right coins, not fake coins, your crypto asset will automatically increase with the rewards added to your account as the value of the coins you hold continues to increase over a long period.
If you are asking which one is better staking or investing, then my answer is both good if you are careful in choosing coins, both are investment methods in crypto. The difference is that for the staking profit generated there is a certain period, namely after the deposit period is over or after it completes your contract. As for investing anytime you can take advantage, there is no third party who controls your investment.
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This pandemic period is a hard time for most people because almost all individuals suffer today from the economic crisis.
The effects of this pandemic mentally become fragile, and this is a fact.
It is best for us to stay positive about the future and always maintain health so we can still eat and live.
But for some people, it’s difficult if they don’t earn money at all and for some people, it can rise from this pandemic.
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A good option too if someone wants to switch to the crypto industry, but if it is to create a crypto project, I think it takes a lot of preparation
and is really serious about working on it.
And investing in crypto such as bitcoin, there is now a lot of demand for bitcoin, which means many are adopting because of the greater trust in bitcoin,
but you also still have to have risk management because crypto is also very volatile.
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The concern sparked by the coronavirus did not have a serious impact on the crypto-asset market, which had fallen in price. In fact, the crypto market can grow nicely until this second. It’s different from what happens in the stock market.
The widespread of corona has had a very sharp impact on both domestic and international stock markets.
The uncertainty caused by the coronavirus caused a high panic in investors, which caused the stock market to be at the Lower Auto Reject level.
To save its financial assets, many stock market investors also turn to bitcoin, even those willing to buy more bitcoins. This leads to high demand for bitcoin.
Even large companies like Paypal have dared to adopt cryptocurrency.
Because of the optimism towards bitcoin, causing the opportunity to invest in bitcoin will remain the best investment option.
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