as we know in 2017 there was a very popular game called cryptokitties before the market increased very high (bull run) at the end of 2017, then now there is a game that is also popular, namely Axie Infinity and I hope if this is a sign for a bull run that will happen at the end of 2021, so the market can increase very high like what happened at the end of 2017.
I cannot say for sure that the next rise in prices in the crypto market will be at the end of 2021 precisely from the appearance of the Axie Infinity game, but I can assume that 4 years have passed since 2017, and this equals the cycle in the market. So, in my opinion, at the end of 2021, another rise in prices for cryptocurrencies is indeed possible, similar to the end of 2017, but this is probably more due to cyclicality in the market than with the emergence of certain crypto games. |
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Indeed, prices for cryptocurrencies are now going up and this may probably last until the end of 2021. As for your list of altcoins, I would also ask you to turn your attention to LTC and BNB, the prices of which are also growing now and may well show excellent results. Most recently, I saw a picture with a forecast of cryptocurrency prices by the end of this year, and it indicated information that many altcoins will be able to do in this bull run from x3 and above. Of course, I am cautious about such predictions, but something tells me that this is exactly what can happen. For example, LTC was listed there with a price of $ 800 for 1 coin, BNB - $ 1,500, BTC - $ 80,000. And how it will actually be, I think we will soon find out ourselves.
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Indeed, I very often encounter similar situations, but in my case, cryptocurrencies are the main source of income for me, which means that when I need money for life, and I need it all the time, I have to sell my crypto assets. I already thought about how to avoid such a situation, because when I sell my crypto asset, its price starts to rise afterwards and I understand that I missed out on a better profit. So in my situation, I need to have one more additional source of profit in order to keep my cryptocurrency and sell it only when I am satisfied with its price.
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The fact that cryptocurrency is accepted for payment for goods and services is certainly very good, since this is what increases the value of cryptocurrencies, but there is one but. For the mass adoption of crypto and increase in value, it is necessary that the cryptocurrency can be used in all stores in the world, especially grocery stores, as well as in cafes and restaurants. The fact is that if, for example, you can buy a Tesla car for BTC, then this is only a small part of people who will take advantage of this opportunity, but if you could come to the supermarket for BTC and buy food, then this probably increased the value of BTC immediately several times. But no matter how it was, let's hope that all this will happen in the near future.
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Few years after forcing everyone to take their gold to the bank, the US president, Nixon in 1971 stopped everyone from having the right to convert their gold to fiat. Isn't that stealing? Government resent bitcoin because they can't control it like they did in 1971. Very soon, it will be illegal to own bitcoin in some countries, not because bitcoin is bad, but because bitcoin gives you the power to own your money. Bitcoin is more real than your money in the bank. Be your own bank by investing and learning about bitcoin. https://www.federalreservehistory.org/essays/gold-convertibility-endsWell, I don't even know. Real money is that money or funds that you can hold in your hands and can exchange them for relevant goods and services. As for the same dollars, at the moment they can also be held in hand and can be exchanged for goods and services, so this comparison is probably a little wrong. Perhaps you meant something else, namely the trust and value of funds, in this case BTC, then it looks more like the truth, since trust in the dollar example is now falling in the world, and trust in cryptocurrencies and BTC is growing. |
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As, the entire cryptocurrency market is in the green mood and the bull run is gaining momentum ethereum price at the moment is already above $3k which is a sign that ethereum will reach $4k before the end of this week that is a week after the ethereum London hard forks. Just my prediction.
The fact that the crypto market is green and the price of cryptocurrencies is growing is really very good, however, as for the price of ETH, which will be $ 4,000 by the end of this week, then this may not be the case at all. I am not saying that the price of ETH will not reach $ 4000, I just think it may take a little longer for this. All this is due to the fact that it seems that the task was to reach the price of $ 3,000 and gain a foothold there, but after that, go and storm $ 4,000. This is my vision of the situation at the moment. |
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Recently, I participated in a project. Their NFT is different from other NFTs. It is endogenous. You can create it and then own it.
Have you seen other NFT projects that are refreshing/amazing or very attractive to you? Can you share with me?
thank you
Yes, I saw several NFT projects and even took part in some. I think it is worth highlighting such NFT projects as Citizen Finance, Social NFT and Xircus. For me, this was the first experience of participating in such projects and using NFT for profit. I believe that the NFT market is now gaining momentum and more and more people are paying attention to the possibility of creating their own NFTs and making money on them. |
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I'd want to provide some guidance, particularly to individuals who are new to the market. You think you should buy in ALTs whenever the market is rising. And it's possible that you'll gain from it. However, the market drops after you make your investment. When the market falls, you believe you are losing money and sell everything. When you watch the stock market rise, you invest.You will continue to be harmed in this manner. As a result, anytime you need to invest, put a tiny percentage of your portfolio into it. As a result, even if the market falls, you will still have your portfolio. Never trade based on your emotions. Calculate carefully before investing.
Indeed, very often people invest simply in the hope of getting a quick profit, and very often when the market goes down, they sell their asset, losing money. Of course, all this does it on emotions and I know about it because I myself very often find myself in such a situation. In order not to get into such situations, you need to study more information, have your own action plan and strictly follow it, this is the only way you can save your invested funds and even make a profit. |
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As far as I know, a few years earlier BTC could be bought or sold in Privat Bank, but then suddenly, this opportunity was removed. I do not know what it was connected with, but it is possible that there was simply a decline in the crypto market and there was a lot of negative news. As for the new laws on the adoption of cryptocurrencies in Ukraine, this is certainly all very good if it all works. Again, if these laws are adopted, then it is likely that the use of cryptocurrencies will only be in large cities, and the rest may remain out of work. But no matter how it was, I hope that these laws will still work in Ukraine and this will help many people earn money and stay afloat in this not very easy time.
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For almost a full day I pay attention to the price of bitcoin, and still survive around the price of $33000. I don't see that there will be a significant change to go up. Will you still survive the market conditions like this? Confusing.
I believe that if you have invested in BTC and want to get the maximum profit, then you need to wait for the BTC price to reach its new high. There is a high probability that the BTC price will receive a new ATH at the end of 2021. As for me, I had some BTC, but I sold it earlier because I just needed money and I am not an investor. But if I were an investor and invested in BTC, then I would act on my plan, namely, just wait until the price of BTC rises and I can get a good profit. |
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the entire market is gaining momentum in the last few days back and ethereum have been on the lead in the alt-coin market, many analyse have predicted a $3k ethereum price before the end of the week but just this morning the price of ethereum passed the $3k price which have forced many price analyse just like myself to have a rethink about the new all-time high and have adjusted my prediction of the next stop price to $4k ethereum price before the end of the week.
considering the high and lows in the cryptocurrency market, what are your next ethereum price predictions.
Personally, I see that the rise in prices for Ethereum and other cryptocurrencies will continue until the end of 2021. As for the price of ETH itself, there is a possibility that as a result, the price peak may be from $ 10,000 to $ 25,000. It is difficult to say how quickly the price of ETH will rise, but I believe that towards the end of the year we should see a rapid rise in the price. Why might this be? The fact is that I see a certain cyclicality in the crypto market and it shows that at the end of each cycle there is an increase in prices for cryptocurrencies and they reach their new peak. This is my vision of the situation and at the moment I adhere to exactly this development of events in the crypto market. |
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I have thought that one key advantage crypto (bitcoin, litecoin, Dash, monero etc.) has over gold is that its supply level is fixed and transparent, but can this or features make crypto more valuable than gold?
To answer your question, you need to remember that the value of gold, first of all, lies in the fact that it is stored by countries, and its quantity is constantly increasing. There are other uses for gold, which makes it not only a storage medium, but also a medium for and use in everyday life. Cryptocurrencies to start with gold in value, you also need to repeat the path of gold. But we know that countries are already thinking and working on creating their own digital currencies, and it is likely that the value of cryptocurrencies will only grow in the future, which is certainly very good. |
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i was thinking %35 bitcoin, %25 eth, %15 cardano, %15 ravecoin, %10 alt coins just for the fun of it lol.
does this make sense?
keep in mind im 15 and dont got that much money lol
To give you a recommendation on investing in cryptocurrency, first you need to understand what you are guided by when you have chosen such a percentage of cryptocurrencies. You have probably already studied information and has your own plan of action. If this is so, then giving you advice is not very correct, since you simply may have your own vision, and it also has the right to be like any other. But if you assume that you want to invest in the long term and plan to get a more reliable and good profit, then it would probably be better to invest all 100% of your funds in BTC. But if you are a player or are trying to become one, then perhaps you should choose a few additional cryptocurrencies with good characteristics and invest some of the funds in them. For example, it can be Ethereum and the same Cardano, but you should not divide your funds too much and for this you need to spend more time studying the crypto market and making the right decision. |
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I would not say that BTC does not care about Tesla or other companies whose influencers manipulate their messages to the markets. As we could see, the BTC price reacted negatively to Elon Musk's statement that he would not accept BTC for payment for Tesla goods. And also after his statement that he is even ready to accept BTC if it, in turn, becomes greener, and lo and behold, the price of BTC eventually began to grow. Of course, we can say that this is a coincidence and so on, but at the moment we have facts of influence on BTC. So to say that BTC is all the same to such statements is at least not correct. Still, at the moment, BTC is dependent on such statements and I would very much like this not to happen anymore.
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