What are your current opinions on the cryptocurrency market?
I believe that the cryptocurrency market is going down, which is successfully facilitated by the general situation in the world. This is about a crisis that is happening right now in many areas. If we talk about the future, it is likely that as soon as the crisis in the world subsides, the crypto market will also come to life and we will be able to see new growth. Now, with a high degree of probability, there is an attack on large holders of cryptocurrencies in order to bankrupt them and withdraw the cryptocurrency at the lowest possible price. In the future, this may give overall control over the crypto markets, which will certainly bring big new income to the big players. In our case, it remains only to observe what is happening and try to maneuver depending on the current situation in order to somehow stay afloat and not lose all assets. |
|
|
|
|
I think the appropriate answer to your question would be that our world is changing right now. And to be more precise, the current system is falling apart, which means that everyone now wants to snatch a piece of influence for themselves. This is very clearly seen in the example of different markets, for example, the cryptocurrency market. The EC, represented by certain countries, also understand this and probably also one of them is trying to keep their own or take away someone else's. As for us, we don’t really have a choice, but I know for sure that this time needs to be experienced or even survived. It is difficult to say what will happen in the end, but I know for sure that it will not be like before and it is likely that the world will be divided into zones of influence and each such zone will have its own rules of the game.
|
|
|
|
|
Personally, I'm not surprised that this is happening. As history shows, every time the price of BTC drops significantly, there is always someone who buys BTC on the market, thereby replenishing their portfolio. However, this does not mean that right tomorrow the price of BTC will go up again, no, on the contrary, the price may continue to go down. But then why are strong hands now buying BTC on the market when you can wait and buy later at a lower price? The thing is that just waiting for the minimum price for BTC is not a good option, since it may not be possible to buy it at all, since there are always other strong hands that will not wait for the bottom, but will buy, as they say, in parts. So they simply buy back every time the price goes down, thus after that they will sell in parts when the price goes up. So this strategy is obvious and understandable.
|
|
|
|
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
It is difficult to say what will happen to Ethereum in the future when the transition from POW to POS is completed. However, it can be assumed that those who want to earn on Ethereum will buy it in order to participate in supporting the network and earn on commissions. If at that time the crypto market continues to decline, then the transition from POW to POS will probably not give a special result for the growth of the price of Ethereum, but if the crypto market passes its next bottom and goes up, then this may lead to another flight to the moon and reaching the price of Ethereum new ATH. In any case, this seems to me a more logical development of events, but I can be wrong and everything can be completely different. |
|
|
|
Can you make more money participating in bounties or airdrops? I made the most money doing airdops so far, like the one from Uniswap, but long term, I think bounties like the one from candlelabsdotorg will pay off better. What do you think? Which of these methods of earning free crypto should I pursue? The candle labs bounty program involves following them on social media and beta testing their DEX, which is quite easy. Sometimes the tasks involved to receive airdrops, like the one coming up from Metamask, are actually more complicated and costly than bounties.
In my opinion, if you choose between airdrops and bounty companies, then for me it is better to participate in bounty companies, and here's why. The fact is that airdrops are a small opportunity for additional income and very often you get a penny for the work done. As for bounty companies, here if you are lucky and you find a good bounty company, then you will get the opportunity to earn good money. Yes, of course there are exceptions and often there are problems with both payments and the final result of work in bounty companies. However, if we discard all the minuses and pluses, then how for me participation in bounty companies brought me more income than participation in airdrops. But I can also add that to get the maximum income, you need to take part in both airdrops and bounty companies, then the chances of earning income will be greater. |
|
|
|
People are waiting to buy lower, but what if you're wrong and this is the bottom?
You never know what's going to happen next.
Yes you are right! No one knows for 100% how the situation in the crypto market will develop and where the price will go. Moreover, the crypto market itself is very manipulative, which means that large players will do everything to put many on the wrong path. As for the bottom, I do not think that the current BTC price is the bottom already. The fact is that the crisis has now begun in the world, which means that all markets will be in a fever and there is a high probability that the markets will continue to fall. In any case, no matter how it was, you need to carefully monitor the situation on the market and act in accordance with the current situation. |
|
|
|
1. Be patient, don't panic.
2. Buy and hold.
The first attitude is very suitable to be applied and very many traders experience tremendous panic when they see the market price drop, especially Bitcoin is now at $18k.
It's becoming increasingly apparent that other coins are very influential on Bitcoin. So, the opportunity to buy to increase the volume of Bitcoin can be done again for long-term investments. The current market situation in my opinion is a very tough test to be applied by those who are impatient.
Do not panic. Everything will get better.
You know, I also believe that all the time can't be bad. Sooner or later, the situation will change and change for the better. In general, the situation in the crypto market can be described as white and black stripes that replace each other. As a result, it turns out that if everything is bad now, then this is a black stripe and after it there will definitely be a white stripe, which means everything will be fine. But for this, you also need to believe in the best and make every effort to achieve your goals and success. As for the crypto market and prices for cryptocurrencies, this is not the first time that prices have been falling, which means that at some point they will go up again. And this time is better to use to increase your crypto assets. |
|
|
|
Bitcoin has broken the all time high of 2017 and now it is around 19,000$. The worst part is that even on these level, we are not seeing any pumps and look like price may fall all the way to 10,000$ or even lower.
Once bitcoin was at 69,000$, who would have thought that bitcoin will go so low so fast ? Now what do think, where we are in terms of bitcoin cycle. I think we are already in th bear market since summer of last year and maybe the bottom/ end of bear market is near ?
I don't think that the price of BTC has already reached its bottom and in the future the price of BTC will go down. I assume that at the end of 2021, the next cycle in the crypto market ended and now a new cycle has begun, which is equal to four years. If this is true, then an even deeper drop in the BTC price is ahead of us, but there will also be a slight increase. In simple words, the price of BTC will be volatile, but will generally tend to decrease. But as for the new growth and the flight to the moon, I think that it will coincide with the end of the problems in the world, which have now taken on an acute form. This is just my view of what is happening, but we will all see how it will actually be, but later. |
|
|
|
|
Show Posts
