|
It is difficult to say what exactly was the reason for such a huge correction of the cryptocurrency market, but most likely it was news from Elon Musk about bitcoin and Tesla and most likely news from China about cryptocurrencies and it seems that these two reasons caused such a fall of the cryptocurrency market, and manipulators took advantage of this and, of course, also began to quickly make manipulation with the cryptocurrency market, and we by ourselves see what this all led to.
|
|
|
|
|
At the moment, Polkadot is developing very quickly and it is possible that in the future Polkadot will become a direct competitor to Ethereum, but at the moment I believe that Ethereum's direct competitor is, of course, Binance Smart Chain, and therefore so far Polkadot cannot compete with either Ethereum or Binance Smart Chain, but in the future, of course, everything is possible, and I still hope that another cryptocurrency will appear that can at least compare with Ethereum, because Ethereum blockchain is just a disaster due to high transaction prices.
|
|
|
|
|
There are a lot of such cryptocurrencies, for example Ethereum and Binance Coin, these two cryptocurrencies have been developing and improving their technologies and capabilities already long time and they are constantly growing in price to new heights, and these cryptocurrencies have been very popular from the very beginning and they will also remain very popular in the future, also a great future awaits such cryptocurrencies like polkadot, dogecoin, xrp and chainlink, and in general there are a lot of such cryptocurrencies, you just need to take a closer look at them.
|
|
|
|
|
So far, it is difficult to say what will happen next, because at the moment there is a correction of the cryptocurrency market and the price of bitcoin and the price of altcoins are falling, so we need to wait a while and then it will already be seen and then it will be possible to act, and so generally the growth of the cryptocurrency market has been going on for a long time and a long correction may have begun, but since it is still not clear we need to closely monitor the cryptocurrency market in order to roughly understand what will happen next.
|
|
|
|
|
Bitcoin, of course, is much more popular than Ethereum and therefore Bitcoin will grow in price much faster and therefore I also invest in Bitcoin much more than in other cryptocurrencies, but when all stages of Ethereum 2.0 will come out, I think that the price of Ethereum will begin to rise to new heights and in this the moment you will need very fast invest in Ethereum, you also mentioned Dogecoin, I think that Dogecoin will be able to reach 1$ after a while, but maybe it will not be this year.
|
|
|
|
|
There are various situations, for example, you can invest in any cryptocurrency, and in a couple of days or weeks this cryptocurrency will grow in hundreds or in thousands of times, and thus investing in such cryptocurrencies can bring you huge profits, but unfortunately this happens very rarely and therefore to get a huge profit from investing in cryptocurrencies, you need to constantly study all the cryptocurrencies in which you want to invest, you also need to monitor all the movements of the cryptocurrency market, and of course you need to constantly develop yourself in cryptocurrency field and also there a lot other different factors which are also very important for making good profit in cryptocurrencies.
|
|
|
|
|
I think that Dogecoin price will soon reach 1$ and most likely this is not the limit, since too many big players are investing in Dogecoin and there are more and more such big players every day, so I also invested a little bit in Dogecoin and will now hold this cryptocurrency and I hope Dogecoin will grow to 1$ till the end of this year, and in general, I am sure that in the coming years Dogecoin price will reach new heights since Elon Musk always promoting Dogecoin and other people see it and also invest in Dogecoin.
|
|
|
|
|
Elon Musk and McAfee can be said to be doing the same thing, but Elon Musk does not openly promote scam projects like McAfee did, because we have all seen how many scam projects McAfee promoted for a lot of money, and Elon Musk does not do this as he knows that for this he can be punished very harshly by the SEC and therefore I do not think that it is possible to compare these two people, and indeed we should not invest in what all sorts of famous personalities advise you.
|
|
|
|
|
I certainly do not mind, because the price of Dogecoin will immediately begin to rise to new heights, but I do not think that Elon Musk needs this, although he has recently been advertising Dogecoin a lot, perhaps Elon Musk really wants Tesla to accept Dogecoin, but in this of course, it's hard to believe, so we need to wait a while and everything will be visible there, and so far at the moment we need to constantly monitor Elon Musk because he constantly writes something about Dogecoin which leads to a pump of Dogecoin price.
|
|
|
|
|
It is difficult to say, since a lot of cryptocurrencies whose trading volume is very small may have already outlived their existence and will simply die in the near future, but perhaps cryptocurrencies whose trading volume is very small simply due to the fact that they are listed on scam exchanges where only bots trade, and if these cryptocurrencies after some will be listed on top exchanges, then of course the price of these cryptocurrencies and their trading volumes will begin to grow, in general, you need to study each cryptocurrency to understand whether it is worth investing in it or not.
|
|
|
|
|
Until now, you can earn in the cryptocurrency sphere without investing your money, for example, participate in bounty companies, airdrops or testnets, as well as there are other different cryptocurrency earnings without investing, and of course you can invest in cryptocurrencies to get income, you can also make money using cryptocurrency trading, but it is too dangerous and it is better not to do it, so it is better to invest wisely and get profit from it than to engage in cryptocurrency trading.
|
|
|
|
|
Everyone decides by himself where and when to invest, and in general, already some time bitcoin cannot return to the price of 60k$ and it is unclear whether bitcoin will be able to return to 60k$ in the near future, and in general, the growth of cryptocurrencies has been going on for a long time, so it will be difficult to say if the market will continue to grow or will begin to fall, and in general, of course, the price of bitcoin in the future will grow to new heights, but when it will be unknown, so only you must decide what to do with your investments.
|
|
|
|
|
I have been saying for a long time that the altcoin season has been going on for a long time and at any moment it may end, so every day it is more and more dangerous to invest in cryptocurrencies, as at any moment a large and long correction of the cryptocurrency market can begin, so lately I have been trying not to invest in cryptocurrencies, since the prices of various cryptocurrencies have grown to incredible heights and it is better to wait for the correction and then it will be possible to safely invest in various cryptocurrencies.
|
|
|
|
|
I believe that the NFT sphere is still very popular, since recently I see a lot of new cryptocurrency companies that are aimed at developing their technologies and capabilities in the NFT sphere, and recently a lot of NFT cryptocurrencies have grown in price to incredible heights and therefore I think that for now the NFT sphere is still popular, but of course everything can change at any time, so we always need to carefully invest in any cryptocurrency and also we always need check the cryptocurrency market.
|
|
|
|
|
Elon Musk still cannot stop and still advertises Dogecoin and this is certainly good for those who invest in Dogecoin, since when Elon Musk writes something about Dogecoin, in same time Dogecoin price immediately starts to rise, but for Elon Musk all these Dogecoin advertisements can again bring problems as it was recently with the SEC and therefore he should stop doing this, but he still continues to find new troubles and if SEC will want they will again give new troubles to Elon Musk.
|
|
|
|
|
I agree, since a couple of days ago there was a very serious correction and now the cryptocurrency market began to gradually recover, and who managed to invest in various cryptocurrencies a couple of days ago already received a good profit from this, but I am still waiting for the next growth of cryptocurrencies to start again in order to fix a much larger profit and I hope that within a couple of days the next growth of cryptocurrencies will begin, but in general, with such corrections, it is always dangerous to invest in cryptocurrencies.
|
|
|
|
|
It's hard to say why Elon Musk promoting Dogecoin so hard, maybe it's all because of the money, since we all know that rich people want more money and therefore Elon Musk may have invested in Dogecoin and he is now waiting for the Dogecoin price to rise to incredible heights to get a huge profit from this, and perhaps Elon Musk promotes Dogecoin for no reason, so he just kills his time, although in this also very difficult to believe, well, the most important thing for us is that Elon Musk must promote Dogecoin as long as possible, because we will can make money on it.
|
|
|
|
|
Show Posts
