I have to admit MicroStrategy is a great company that consistently buys Bitcoin when the price drops and has positive feedback from people who can show their absolute faith in Bitcoin. To date, they have purchased billions of dollars with an average value of $44k.
I think they are an investment company with a long-term strategic vision. I believe they will be right as they are the largest whales that I know of. I hope this price drop is finally testing support so that Bitcoin can rally sharply to achieve a higher ATH.

Elon Musk has been shining in the crypto market as TESLA buys $1.5 billion in Bitcoin and accepts Bitcoin payments for its electric cars. Soon after, he kept tweeting about DOGE and ended up stopping accepting Bitcoin to protect the environment.
He is discrediting himself and driving TESLA into a stock price crash since he tweeted about stopping accepting Bitcoin to buy TESLA cars. We don't know how many Bitcoins were sent to buy cars but the effect from that event was heavy.
In recent days, although he has patted the community, it seems to be ineffective. The loss of confidence in Elon Musk also makes the market one less market disruptor. That in my opinion is good.

With the market going downhill like this, I think any altcoin has the potential to break the trend to enter a short-term downside. The trend is strong and hard to resist. I recommend exiting your investment for safety or trying to find a better buy point. This week's drop has shaken up the crypto markets' struggles over the past several months.

The crypto market crash is happening and altcoins are bleeding heavily. Most people often have a behavior of bottom fishing and pooling their losses so their losses are easy to see. This fall could be a major correction or the start of a downtrend.

Bitcointalk username: noorammak
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=1153834
Rank: Member
Current Post count: 500
ETH address: 0x6399b8b5FF5c382cEfF25FE583C5b9FAf56Fd207

Bitcoin has dropped from $60k to $30k in a few days and it is truly a black swan in the crypto market. It is similar to the Bitcoin price drop from 8k6$ to 4k3$ in March 2020. The opportunity is clear, we just need to buy, the indicators show that the 30k zone is the last best support zone. eventually for Bitcoin to rise again and it is now $40k for Bitcoin.

I am also buying my Bitcoin since last night. The recovery was quite impressive and it was profitable.

I am not a fan of electric cars because electric cars are not popular in our country right now. If one-day electric cars are available all over the country, I will choose one for myself to keep up with the trend. It is also normal to pay crypto for a car as it is just a form of payment. I will buy with my crypto when I think the value of that crypto is peaking and not suitable for holding longer or that crypto is a return on investment.
I don't find crypto payments any cooler or a waste of money because at the time of payment it's the same value as the car product.

I prefer TESLA to accept payments in Bitcoin, dollars or Tether instead of DOGE.
DOGE was made to make fun of Bitcoin, it's a joke. DOGE's technology is old but it can be improved. The adoption of DOGE brings many other crypto memes. We need serious development in crypto space projects to bring good solutions instead of jokes and investor profits.

For many years Tesla was an electric car company that did not make a profit from the production and sales of electric cars, but they made money in other ways: selling solar panels and transferring technology. environmental certifications.
Although they are not profitable at the moment, they are increasing sales and making better profits than previous quarters.
I think that they are not profitable that is their strategy to go further in the market.

It doesn't matter if Tesla sells off their Bitcoins because the crypto market is decentralized and it can't be in decline forever because of an institution.
If Tesla doesn't buy Bitcoin, other hedge funds will invest in this cryptocurrency. Microstrategy is an investment fund that actively buys Bitcoin and cryptocurrencies as they consistently bottom out. I think they will make a significant profit as we know that Bitcoin will continue to appreciate in the long term.

Those who put out negative Bitcoin news to cheer DOGE are the ones who bought DOGE and they hope for the growth of the crypto they bought. I realize that makes no sense to the veterans of the market and that kind of news is rubbish. Newbies will easily fall into the trap and buy DOGE.
To confirm an issue we need to look at the market as a whole in the long run. Bitcoin has been around for a long time and it will continue to be at number 1 as it is not just crypto but it represents the entire crypto market.

The fact that Elon Musk brought us tweets brought about extreme market volatility. He abuses his speaking ability to manipulate the market and make many people lose money. That is too bad. Maybe it's time for people to wake up and return the right value of the market by stopping chasing news and encouraging shitcoin projects like DOGE, AKITA INU, SHIBA INU to grow. That will make serious development blockchain projects offended, treated unfairly. We need real projects under development to bring purity to the crypto space.

The argument that a war could raise oil prices is not appropriate because the Middle East's oil distribution is mainly in the Indian Ocean and it is far from the war zone. As a result, the trade, exchange and transportation of oil from the Middle East to other parts of the world are not affected.
In addition to the oil region in the Middle East, the world still has many other countries with large reserves of oil such as the US, China and Russian oil fields.



I should have posted an image of a visual map of the distribution of oil reserves in the Middle East and compared it to the Gaza Strip, but due to technical problems, I can't post it here. You can view them at the two links below.

https://commons.wikimedia.org/wiki/File:Petroleum_regions_-_Middle_East_map-es.svg

http://www.maphill.com/israel/gaza/location-maps/satellite-map/

The creation of a forged token is possible but it cannot be deposited into the game because the smart contract of the in-game exchange token is unique. That is the unique point of blockchain technology, which cannot be faked. If you do a P2P exchange of ERC20 tokens, carefully check the contract before trading.

Matic is an Ethereum-based L2 blockchain solution that is POS-based and chosen by Ethereum for use when the upgrade is complete. That means Matic will be part of Ethereum. Another thing is that Matic is a DEFI project and there are many assets locked in this project's store of value.
I think the Matic is well worth the investment. I've been discussing with some Facebook friends about Matic and I'm glad the project has now grown in value significantly.

It's basically the same thing. See the documents I sent you with the two links above for more specific information. They do have KYC requirements but it's not required. If you have an extremely large deposit and withdrawal needs, do all forms of KYC.

LOL. Kucoin is a large and reputable exchange like any other exchange. Kucoin has a security deposit fund and a hedge fund to use when emergencies like attacks occur.
Kucoin has been taken away 200 million dollars in 2020 but they have been proactive to fix the damage and I find it to be a good exchange. You can find more information about the user manual and reviews about this exchange from the following links:
https://www.youtube.com/watch?v=ImNAuU1QksI
https://www.coinbureau.com/review/kucoin-exchange/

Despite being supported by many trading platforms, SHIB has an absurdly large-capitalization so a price reduction to reach a reasonable capitalization is necessary. I think this crypto should not be bought at the moment. If the crypto meme trend ends, SHIB may drop sharply. So stay away from these cryptos.

War increases war-related commodities such as oil, weapons, and food.
We are in a new commodity supercycle but I am not sure if oil will go up in price as now new materials, new technologies, new energy sources become more common and oil demand is reduced. Oil fields need to be exploited more to ensure operating costs, so oil prices have dropped steadily. I don't think oil is going to increase in value so quickly just because of the war in the Middle East.

People prefer Bitcoin because of its increase in value after each cycle and its storage on the internet space and hardware wallets.
Investing in oil becomes more difficult to make a profit as the world moves to more electric power, clean energy, and the cost of storing oil becomes more expensive.