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In my opinion, you are very good to ask before making a transaction. Crypto prices are currently out of order whether it's FUD, Bull Trap or others. But in my opinion, it would be nice if you buy BTC assets carefully and you have to know a minimum of forecasting techniques so you can know how to invest properly. If I were you, I would try to buy BTC but with some of the money I have. This price drop may also be mentioned because of panic selling, but it is also a good opportunity to invest
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In my opinion, Crypto will not become legal in the country after all. Why? because crypto is an asset that has a high risk. Yes, maybe it means legal to invest but not to exchange fiat money for crypto. Take for example if you make a transaction using crypto, "I bought a plate at a price of 0.001btc / pcs" if so, don't know 5 minutes later the Crypto price drops dramatically. Maybe traders and investors will go bankrupt. In conclusion, if crypto replaces fiat money, then every item we need will not keep its price up and down significantly. Therefore, the legality of crypto profit exchange transactions is not allowed. And the role of government is good for the country it occupies.
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Market prices do fluctuate significantly, depending on supply and demand. When the price drops dramatically when the highest price is obtained it is natural. But if it's a BullTrap? Yes, just take an example, in my opinion there are only some people who do not understand market conditions, only watching when prices rise. The higher the price the more opportunities for the price to fall. If I were in your current position, I would probably do a cutloss. Why? Because I will make up for the loss, maybe the money will not come back but at least the ETH will increase. That's just in my opinion
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If I had the money you mentioned, I would probably divide it into 2 pieces. For the first time I will invest in Doge coin, by looking at the movement it shows for a long-term investment. Secondly, I will look for an ICO project that may be very attractive and trustworthy. Maybe what I would do if I had that amount of money
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##PROOF OF AUTHENTICATION##
Bitcointalk Username : mbe48
Telegram Username : @mbe48
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Submit your QWC wallet address : QWC1gxa56Ud84eJLi1t9pPJeduephG4DPXgM9RqPVQH37YiGe27Qtg35RB5jqh8bH8HZTxfmR1YYSTx TNsDf6oxM9njZ2NXCiH
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I hold the ETH coin because according to the long term the price might be better than now, because ETH is the one who owns the token with the ERC-20 system, but still the price follows the Bitcoin price so it fluctuates significantly. If my opinion is wrong, please correct it. Thank you
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Proof of authentication - Refferal code: 908 - Email: embesayangsapi@gmail.com- Campaigns applied for: Referral , Facebook , Medium |
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I think the thing that makes people think of following Elon Musk is because he is the one who buys bitcoin and makes the price high, besides that from his Twitter account Elon Musk always gives a sign of what he will buy. Apart from that, Elon Musk is also currently the richest person in the world.
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The thing that needs to be considered when increasing security is by implementing 2fa, but even so, being vigilant should be prioritized as possible from phishing links. If something is missing, maybe you can add a question that I raised.
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Hi, maybe the same as you but I am following this crypto from 2016 which is still at a far price compared to now.
But without us knowing it, the crypto price skyrocketed from several factors, especially from the large number of enthusiasts. The more famous Crypto is, the more enthusiasts the higher the price it gets.
So there is no need to doubt about future prices, prices that fluctuate are reasonable due to market cycles. What we have to be aware of is only bad news or legality from several countries.
Stay enthusiastic and contribute to the advancement of Crypto.
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