This is the figure for April, yet still quite a figure to be dealt with for those who live on salaries, that tend to go after the inflation, and great news for those who have a mortgage or own money, since they are on the winning side for now - until interest rates catch up.
How is this going to affect bitcoin? If we make an analogy with commodities and particularly those used on the industrial processes, it will have a lift effect in price, sometimes much higher that what could normally be for other assets. I think is a good moment to stockpile bitcoin, copper... even tin, although is a bit expensive already.
To understand what will happen and what to do, you need to know exactly what is happening and why it is happening. In the US, inflation will reach 4%, even if this is so, and I think that everything is much worse there, then you need to understand why this happened. The US dollar as a global reserve currency has outlived its usefulness, it is also called the international financial system, so inflation is the depreciation of money, but did anyone doubt that there would be no inflation when printing trillions of dollars? Yes, there are those who believe in eternal dollars, but unfortunately everything is not as we are told, but everything is much worse. Is there a solution? Probably, this solution exists for the United States itself, this is Bitcoin and other cryptocurrencies. But how all this will happen and where in the end all this will lead, we will very soon be able to see. But we can already say for sure that inflation in the United States is a signal for the decline of the dollar as an international reserve system. |
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You are right, the bull market still exists and there is a high probability that the main growth will occur at the end of 2021. Moreover, if we turn to the history of the development of the crypto market, then we can see a certain pattern. It is this pattern that indicates that the crypto market is cyclical, and every four years the market goes through a cycle from falling prices to rising and reaching new price peaks. Probably, this pattern has been preserved even now, which means that 2021 is the last year of the next cycle and the main growth has always occurred at the end of the year.
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I want to know everyone’s suggestions.
I reckon the best cryptocoins to buy as long term investments during bear markets might be those exchange utility tokens like FTT and BNB. Exchanges always collect revenue in bull and bear markets and this gives the tokens some fundamental backing. Also, the utility of those tokens in their corresponding exchanges create a demand for them.
I believe it is best to invest in top cryptocurrencies in the first place. As the last growth showed, all the top 100 coins showed excellent growth. Moreover, there is a high probability that the main growth will occur at the end of 2021, and many cryptocurrencies may show even greater growth. As for exchange coins, it is difficult to say whether they will grow or not, but if they have now significantly reduced their prices, then yes, there is potential for growth. |
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Hello,
Currency prices are falling, but Is this decline continuing? What is the main problem?
Is it true that NFTs are the future of the cryptocurrencies?
Any idea welcomed.
Thank you.
Cryptocurrency prices are falling as the big players play their game and their task is, first of all, to lure the top cryptocurrencies out of weak hands. But the main task is simple, just make money. Of course, a number of news and events will support this, so that it all looks like an event that happened by itself, but if you turn to the history of the development of the crypto market, you will see that the field of each fall in the price of cryptocurrencies goes up and becomes larger than before the fall. As for NFTs, they certainly will and already play a definite role in the development of the crypto industry and may well become one of its main parts in the future. After all, you must agree that creating digital assets and value for them is one of the attractive opportunities to have excellent additional income, as well as the ability to conduct trade relations with other market participants without the influence of a third party. |
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Bitcoins is the oldest cryptocurrency and one of the highest valued currency's in the world. Has a large price volatility making it too unpredictable to be used as a currency. Doing analysis to trade in a trading cause this digital currency is not consistently in a high value. Sometimes may fail to trade cause their's a sudden down of an a price, but it is a good luck when the price value is high. Being trader we must smart and confidence to trade without any doubt.
Of course, everything is so, but I would not say that this is a problem for BTC, or rather, for many, this is an advantage in turn, because it allows you to make good money. You can scroll through the history of the emergence and development of BTC and see what the price of BTC was and what it has become. Tell me is it a problem that the price of BTC has gone up so much? I am sure that everyone would like to go back to that time and buy BTC in order to sell and get rich now. So where someone sees a problem, others see an opportunity and success. |
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Not many countries have made available stimulus package for its citizens to help soften the economic effects of the pandemic.
With many nations of the world still recovering from the economic realities caused by the pandemic, how will you describe the economic situation in your country at the moment?
I am curious, Apart from your crypto Holdings, what other investments do you have? Or are you investing in crypto alone?
It so happened that at the moment I invest only in cryptocurrency and work only with it. In the country in which I live, I cannot say that they are loyal to cryptocurrency, but they also do not tighten the screws to use it. I invest in cryptocurrency because I see that it can bring me excellent profits, which means it will improve my financial situation. Also, cryptocurrencies are the fastest growing assets, which means that investing in them is very profitable. I also understand that cryptocurrencies also have high risks, which means you need to always be on the alert and monitor changes in the crypto market. |
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Reporting Week Number #11: Monday, 07th June, 2021 to Sunday, 13th June, 2021 Bitcointalk Username: ven7net Telegram Username: @venbusiness Twitter Username: @VEN7NET Twitter Profile Link: https://twitter.com/VEN7NETTwitter Followers: 3329 Tweet Links: 1- https://twitter.com/VEN7NET/status/14019826360972206202- https://twitter.com/VEN7NET/status/14023556342265774123- https://twitter.com/VEN7NET/status/14026180355596165144- https://twitter.com/VEN7NET/status/14030300179704750145- https://twitter.com/VEN7NET/status/1403420762388709379Retweet Links: 1- https://twitter.com/VEN7NET/status/14018606469170503752- https://twitter.com/VEN7NET/status/14022453994491207693- https://twitter.com/VEN7NET/status/14025704992013271054- https://twitter.com/VEN7NET/status/14029395144866775045- https://twitter.com/VEN7NET/status/1403345950396014592Binance Smart Chain Wallet Address: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53 Reporting Week Number #11: Monday, 07th June, 2021 to Sunday, 13th June, 2021 Bitcointalk Username: ven7net Telegram Username: @venbusiness Facebook Username: VladimirPechyoniy Facebook Profile Link: https://www.facebook.com/VladimirPechyoniyFacebook Friends: 5000 Post Links: 1- https://www.facebook.com/VladimirPechyoniy/posts/40374551496655732- https://www.facebook.com/VladimirPechyoniy/posts/40404682926975923- https://www.facebook.com/VladimirPechyoniy/posts/40423811791729704- https://www.facebook.com/VladimirPechyoniy/posts/40456379521806265- https://www.facebook.com/VladimirPechyoniy/posts/4048500905227664Shared Post Links: 1- https://www.facebook.com/VladimirPechyoniy/posts/40362930831151132- https://www.facebook.com/VladimirPechyoniy/posts/40394173694693513- https://www.facebook.com/VladimirPechyoniy/posts/40419776458799904- https://www.facebook.com/VladimirPechyoniy/posts/40447987189312165- https://www.facebook.com/VladimirPechyoniy/posts/4047873158623772Binance Smart Chain Wallet Address: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53 Reporting Week Number #11: Monday, 07th June, 2021 to Sunday, 13th June, 2021 Bitcointalk Username: ven7net Telegram Username: @venbusiness Reddit Profile Link: https://www.reddit.com/user/venbusinessNumber of Karma: 6463 5 Reddit Post Links: 1- https://www.reddit.com/r/CryptocurrencyICO/comments/nul4qo/the_mok_token_is_already_available_on_its/2- https://www.reddit.com/r/IcoStatus/comments/nvd1gx/mok_token_is_already_traded_on_third_party_crypto/3- https://www.reddit.com/r/ico/comments/nvvz9n/the_crypto_platform_mocktailfinance_is_currently/4- https://www.reddit.com/r/IcoInvestor/comments/nwsohf/the_mocktailswap_platform_is_not_only_an/5- https://www.reddit.com/r/CryptoKami/comments/nxn0zg/mocktailswap_is_a_new_innovative_crypto_platform/Binance Smart Chain Wallet Address: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53 Reporting Week Number #11: Monday, 07th June, 2021 to Sunday, 13th June, 2021 Bitcointalk Username: ven7net Telegram Username: @venbusiness Blog Platform Name: Linkedin Blog Platform Username: vladimirpechyoniy Blog Profile Link: https://www.linkedin.com/in/vladimirpechyoniy/Number of Followers: 8881 Posted Blog Links: 1- https://www.linkedin.com/pulse/how-mocktailswap-platform-contributes-development-crypto-pechyoniy/Binance Smart Chain Wallet Address: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53 |
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Indeed it is, but I will say more. Shitcoins are created solely for the purpose of receiving funds and transferring them to BTC. As for altcoins, I also believe that they are more needed to support the price of Bitcoin. It is also worth noting that BTC is actively bought for US dollars, and I believe that soon many will exchange their dollars for BTC and this will solve the international financial problem. |
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Hi guys,
a question which i had discussed with some of my friends before:
If you were invested heavy in alts but rather light in btc lets say 30% BTC / 70% alts you made a good profit in dollar.
BUT i have the feeling i wasted so much BTC to buy Alts and right now BTC has surpassed many of them by far.
Do you think it would be wise to sell some Alts for BTC right now?
Or is BTC dominance to high?
Really interested in your thoughts!
Kind regards.
As far as I know, this always happens. First, they buy BTC and sell altcoins, thereby increasing the price of BTC and its dominance, but when the dominance of BTC falls, then it makes sense to sell BTC and buy altcoins. It is very important for you to know exactly when the dominance of BTC will begin to rise in order to have time to buy BTC and capitalize on the growth of its price. Now, as far as I can see, the price of both BTC and altcoins has gone down, and to be honest, it is difficult to say whether there is any point in selling anything at all. I believe that it is better to wait for the moment until the market situation changes to a rise in cryptocurrency prices. |
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With all of the hype surrounding "De-Fi" and NFTs, it looks like old coins like Peercoin, Primecoin, and Quark have been left in the dust. This is sad, considering that the aforementioned coins have a proven track record of stability and reliability. New coins are usually less secure than old ones. Despite the low interest/demand for old coins, they're still actively traded on the market. I'm wondering whenever it's worth buying and holding old coins for the long term. Primecoin is one of its kind with a PoW algorithm that contributes towards the discovery of prime numbers. It's a pity other crypto projects haven't copied its model. Your input will be greatly appreciated. Thank you.  Unfortunately, not every old cryptocurrency now has interest from traders or investors. New cryptocurrencies are now showing the best results and are mainly invested in them. To understand whether it is worth investing in old coins, you need to re-examine their offer and at what level of development they are now. If everyone has already forgotten about them and they have no liquidity, then they are definitely not worth buying. As for me, it is better to pay attention to the actively developing DeFi and NFT, but also not to forget about the top cryptocurrencies, because not all of them have shown their growth potential yet. |
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For 15 years now I have been working only via the Internet, although I have tried many different types of offline work before. After being disappointed in my offline work, I switched to the Internet, where I was able to start earning more than before in other jobs. This is probably the most important factor that forced me to go to work on the Internet. My activity on the Internet also had a development, where I initially started working with small projects and now I have been working in the field of crypto for more than three years. Cryptocurrencies really give a good opportunity to make money, whether it is trade, or investments, or participation in crypto projects and companies. For me personally, it was this job that gave me the opportunity to feel financially much better than before. Based on this, I plan to continue working on the Internet.
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This is very important news for the entire crypto community. After El Salvador's adoption of Bitcoin as the main currency, other countries that are highly dependent on the US dollar will also switch to crypto. Irina is another country that suffers from a number of sanctions and restrictions; BTC and other cryptocurrencies may well be suitable for Iran to solve its problems. This will allow you to bypass sanctions and trade with other countries bypassing the US dollar. As we can see, the trend for the adoption of crypto in the world is gaining momentum and very soon all this will lead to a new even greater growth in the price of BTC and other cryptocurrencies.
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Proof of authentication - GGIVE Wallet ( https://coinsbit.io ): 0xA2938208b0A96aFa47Ce7e6106deA218724beC29 - Telegram username: @venbusiness - Email: vovchik383@gmail.com- Campaigns applied for: Content creation, Twitter, Reddit |
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