Latest posts of: trauchot

After the last correction of the cryptocurrency market, the price of gas on the Ethereum blockchain fell very much and this is very good, but when it was urgently necessary to make cryptocurrency transfers on the Ethereum blockchain, the price of gas was cosmic and now, unfortunately, I don’t care what the price of gas on the Ethereum blockchain is at the moment and in general, most likely, soon there will be a market correction again and the gas price will again begin to rise to cosmic prices, so this opportunity must not be missed now.

Unfortunately, this is the case, most cryptocurrencies were created only for the sake of receiving money and therefore most cryptocurrencies do not have any technologies, no product, in general, nothing at all, and therefore such cryptocurrencies live small amount of time and you should always invest with huge caution in such cryptocurrencies if you want to invest in them, therefore, it is better to always invest in top and proven cryptocurrencies and there will be no problems.

You by yourself must decide in which cryptocurrency to invest, so study various top cryptocurrencies and then draw conclusions and of course now it is not clear what is going on with the cryptocurrency market, so if you will want to invest in any cryptocurrency now, then you may have to wait a couple of years to get a profit, since a bearish trend may have started, so consider all your actions and options first several times before investing in any cryptocurrency.

Now it is not clear what is happening with the cryptocurrency market and therefore I almost do not invest in cryptocurrencies lately because I think that the correction of the cryptocurrency market may have begun and therefore I waiting when this correction will end, and in general from your list there are good options for investment and we can invest in EOS, Cartesi and XRP, because I think that these top cryptocurrencies will still grow to new heights after the correction of the cryptocurrency market.

I have used these cryptocurrency exchanges many times and I had no problems both with depositing cryptocurrencies and with withdrawals, but unfortunately, these cryptocurrency exchanges greatly increase fake trading volume and therefore I do not trust these exchanges, so if anyone wants to start trading, you should not do this on these exchanges, therefore it is better to use binance for all your needs, and in general there are a lot of such low quality exchanges as latoken and cointiger.

Now the cryptocurrency market is often correcting and therefore it is very unclear what can happen to the cryptocurrency market at any time, so now it is best to engage in cryptocurrency trading if you have experience in it, so wait for the moment when the prices of cryptocurrencies will fall as much as possible and then start investing and, of course, excellent options for investment are, as always, ethereum and bitcoin, since these are the most popular cryptocurrencies.

I think the best way to get passive income now is probably staking, so you can stake your investments on any cryptocurrency exchange and get a good income from it, but you need to find the best percentage and recently there are very low interest rates on the exchanges, but sometimes you can catch a very good percentage, so just go through all the exchanges and find the option you need, also new projects are constantly being released in which you can earn very good profit passively, but many of these projects are scam and you need to be very careful.

Most likely, a bearish trend has begun and we should not expect that the cryptocurrency market will begin to grow in the near future, since most likely a very long correction of the cryptocurrency market has begun, so we need to wait and hope that the correction will be not very long, but recently there has been a lot of negative news about cryptocurrency and therefore, I do not think that the cryptocurrency market will be able to grow soon, so for now I do not hope for the market to grow in the near future.

Since the correction of the cryptocurrency market has recently begun, it is not clear when this correction will end, we may have to wait for several years and therefore, within a couple of months, you may not be able to get a profit and you will have to wait several years, and therefore if this is the case you can invest in long term in the same Dogecoin, since I think Elon Musk will often write about Dogecoin and thus will attract the attention of investors to invest in Dogecoin, as well as, of course, excellent investment options are Bitcoin and Ethereum.

Since the growth of the cryptocurrency market has lasted for a very long time, most likely now a very long correction of the cryptocurrency market has begun, so we should not expect that soon the growth of the cryptocurrency market will begin again, so everyone must decide what to do with their investments, because in any the moment the next dump of the cryptocurrency market may begin, and therefore I have already fixed a profit and transferred almost everything to stable coins.

If there will be long correction of the cryptocurrency market, then all top cryptocurrencies will fall very much in price and it will be possible to invest in any top cryptocurrency without hesitation and it does not matter till which price any cryptocurrency will drop in price, since it is all the same after some time after the correction, another growth of cryptocurrencies will begin and all top cryptocurrencies will begin to reach new heights again, so do not get upset, but on the contrary, we need to prepare for this.

You need to wait until all stages of ethereum 2.0 will come out because of this Ethereum will grow, so you need to constantly monitor the news and updates from ethereum developers, you will also need to invest in bitcoin before the next bitcoin halvin, but which will not be soon, but at the moment it is best to wait the moment when the prices of both cryptocurrencies will fall very much, as it seems, the correction of the cryptocurrency market began and perhaps soon the prices of cryptocurrencies will fall even more and then it will be possible to invest in both bitcoin and ethereum.

Unfortunately, the cryptocurrency market reacts very strongly to Elon Musk's tweets and therefore he is also involved in the fall of the cryptocurrency market, and news from China has always greatly influenced the cryptocurrency market and therefore I think that negative news from China and Elon Musk's tweets had a very strong impact on the recent drop of the cryptocurrency market, but of course I agree that the cryptocurrency market has been growing already long time and correction was expected, so market correction started just after the tweets from Elon Musk and after the negative news from China.

After the correction, of course, you can invest in such top cryptocurrencies like bitcoin and ethereum, since these cryptocurrencies will constantly grow to new heights in the future, you can also invest in polkadot and chainlink, since these cryptocurrencies are also developing very quickly and steadily and in the future, the price of these cryptocurrencies will also reach new heights, another good option is polygon, I have been watching this cryptocurrency already long time and have invested in it.

You by yourself must decide what to do, well, in general, the Ethereum price in the future will reach both 5k$ and 10k$, but when it will be still unknown, and therefore if you urgently do not need money that you invested in Ethereum, then of course it is better to wait until the price of Ethereum will reach new heights, but if you urgently need money, you can sell some of your Ethereums, but since the price of Ethereum has dropped very much lately, it is of course best to wait for a new rise in the price of Ethereum.

In general, this is a very interesting idea, and I think if Elon Musk will create his own cryptocurrency, then it will be very popular and in demand, since the whole world follows Elon Musk and a lot of big investors also follow Elon Musk, and if Elon Musk will create his own cryptocurrency, then I am sure that the trading volumes of this cryptocurrency will be incredible and Elon Musk also I think will invest a lot of money in this cryptocurrency, but for now this is all just a thought out loud and perhaps Elon Musk does not need its own cryptocurrency.

I think that the cryptocurrency market will die if bitcoin will disappear, because bitcoin is the basis of all cryptocurrencies and we all see how many big players invest in bitcoin and in general for manipulators bitcoin is the main cryptocurrency for pump and dump, so I don't think that at least one cryptocurrency can replace bitcoin either now or in the future, so let bitcoin always be at the first place because bitcoin is the basis of the entire cryptocurrency sphere.

The prices of cryptocurrencies have been growing for a very long time and therefore a dump of the cryptocurrency market was expected already long time ago, so at any time another correction of the cryptocurrency market may begin and therefore I have transferred my investments to stable coins and am not afraid of another correction of the cryptocurrency market, but of course not many people wants to see another long correction of the cryptocurrency market, so we hope that this time the bearish trend will end very quickly.