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If you look at the current market situation I am pessimistic that the price of Bitcoin can return like in 20221, we must always be realistic, early August when the price of rising and almost $ 25k, unfortunately there is another selling pressure that makes the price of drop again.
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Now the price of bitcoin drops again below $ 20k to around $ 19750, I can only buy around $ 380 because I don't have any stable coins, a good opportunity if we dare to buy when the price of bitcoin is below $ 20k, I'm sure tomorrow or maximum next week the price will skyrocket and at Spot Exchanges I also put a price of around $ 22K or profit more than 15%.
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Bitcoin is a unique thing, what we think is impossible but can easily happen, when the price of Bitcoin is more than $ 60K and even reaches ATH at the price of $ 69k I think that it will not drop it again below $ 30k, even many people continue to recommend buying, unfortunately Bad things happen and of course become an important lesson for us.
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I think the coins that have the greatest chance to go up 10x in a year or less are Cardano, MATIC and FTM, I make these 3 coins as long term investments and after I buy I use them for staking because I will focus on the long term and don't care though prices are dropping.
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Some altcoins have good potential for us long -term hold, matic continues to grow and now many developers are chosen because of good transaction costs and speed compared to ERC or BSC, only need to be patient to see matic can skyrocket and master the market.
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XRP is a coin that I have bought since 5 years ago and I always made an asset, I think the potential for XRP is very good because they have been proven to be able to overcome negative accusations on the internet and also in court, of course XRP will not give us big profits in the short term, I'm sure if we hold at least 2 years then the opportunity for 5x profit is realistic.
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The second week became the best period of 2022, because many Altcoins experienced a significant increase, unfortunately it only took 3 days to drop again and make the price position back before the increase, but I suggest not panic, still hold and be patient.
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It's hard to know which project is big and successful, most of us only know when the project is already in top exchanges such as binance, huobii or others, and it can be said that when there is a project that is released at Binance Exchanges it will last a long time and have the opportunity to succeed.
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There is a positive thing from a more expensive transaction fee in Ethereum, which is only a large and serious project that will use the ERC20 network, and if we look at the facts in the market some large projects can be successful and last long, this is what makes ETH demand never go down like other coins.
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The 2022 market looks difficult to recover, when an increase in early August I am optimistic that the price will continue to rise, unfortunately there is another dump that makes many altcoins such as Solana, Polkadot, XRP and so on also dropped more than 10% in the last week of August.
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Market in recent days red again, when the price reaches $ 24500, I am optimistic that the price will soon reach $ 25k, this makes me never think that the price this year can reach $ 100k, possibly if there is a bull run then the price that can be achieved is 2x from The current price is $ 45k
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If you look at the current price, I don't regret buying when the price is dip, the price is still red and getting closer to $ 20k, many analysts believe that the price of bitcoin has the opportunity to fall again and is difficult to return to $ 50k, but for those of us who already know bitcoin at least A year then whatever the conditions must always be optimistic.
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I think the bear market has not over, we are still facing a large market pressure, and it is proven that prices continue to decline and get closer to drops below $ 20k, if today red is likely 2 or 3 more days the price will fall below $ 20k very much, we are Wait before doing anything
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Inflation is a serious problem in the economy, the prediction and budget of the state can be used up only to overcome inflation, when inflation occurs it automatically makes the ability to buy public, and slowly the production will stop and the problem becomes more complicated, inflation is certainly worth we are aware when the initial symptoms have emerged .
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Many investment choices, but I suggest to be vigilant, don't believe it too easily with investment offers but the number of scam cases makes us have to do deep analysis, but if we don't have much time to learn the type of investment, I suggest trying to cryptocurrencies, for the stage Initially you can buy a top ranking and while you learn more.
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Bitcoin fluctuations are still slow, today red again and makes us have to be patient to wait, but I suggest to continue to buy when prices are still below $ 30k, good profit opportunities because they can buy at prices below $ 30k, I'm sure the September price will be in the price range $ 25K- $ 30k or up 8% from the current price position.
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Pumping and dumping is a common thing, Shiba Inu has pumping more than 100% per day, of course this is a good opportunity for us to be able to get big profits, I'm sure Shiba still has power to continue to rise and now you can kill 1 Zero.
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I think all Altcoins wallets are good, but because we underestimate the small things, the wallet that we install can be easily hacked, before clicking the link, we must look at it manually, for example copy the link address and then pay attention, usually the evil program has a common extension such as. exe and so on.
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