Why not?
Whats your predicts ?
Unfortunately, BTC at $8,000 is currently not a dream come true for everyone. You must understand that BTC cannot suddenly become worth $8,000 just like that, at least good reasons are needed for this, and even if it happens, then the process of falling BTC prices will go smoothly. But still, at the moment there is no reason for such a price for BTC. We will probably now see an increase in the BTC price at least until March 2022, and then we will see. |
|
|
|
Which is a better platform? Ethereum or the Binance Smart Chain? Please explain why.
At the moment, Binance Smart Chain is better for me. The reason for choosing BSC is that this smart network has significantly lower fees. This is one of the important features of this network, unlike Ethereum. I now work almost exclusively with cryptocurrencies and crypto projects that work specifically with Binance Smart Chain. This allows, as I said above, to significantly save on commissions, as well as to have the same characteristics of the Ethereum network. |
|
|
|
Looking at the market now with different illustration about the current position, condition of the market from analysis, many crypto traders are coming out with there different analysis of where the market tend to go in the next few days. Some keeps agitating that the trend is still bearish while others come out with various technical analysis of the market, drawing different trendlines to show the support resistance of the coming bull.
We all know that Bitcoin controls the crypto market and it is a good determinant of most altcoins(maybe all). The fall of Bitcoin had affected the crypto market and I think keeping an eye on Bitcoin is very important to determine the fate of most alts in the market. I have seen much number of fud coming up with different technical tools of the market going down more.
What perspective are we going to accept here? Are we going with the analysis of the market going bear contineously or claims that the price will go bullish? Maybe we should just be neutral without being too optimistic or pessimistic.
Following the market, trend should not be as confusing like the way it is currently, especially for those that care much about the market direction and are not too skilled on analysis the market direction.
You're right! when there is uncertainty in the market, it is better to have a neutral position. However, you also need to understand the nature of rising and falling prices in the market. For example, in 2021, the United States actively printed new money and crushed it, some of which unconditionally went to the crypto market and the stock market. Which in turn enabled BTC to reach its new ATH. But what now? Why should BTC go up again now? It is likely that new money will be printed again and the market is waiting for the next native, or vice versa, the refusal to print new money and the market will go down. This is just my personal assumption and everything can happen for other and other reasons. Therefore, I decided for myself that if I can now make a profit from the use of cryptocurrency, then it is best to fix this profit right away, and then time will tell. |
|
|
|
https://www.cnbc.com/2022/02/03/facebook-shares-plummet-22percent-after-reporting-weak-guidance.htmlIf I told you this was going to happen the day before you would have thought I was out of my mind, yet there it is. All it took for Meta (previous known as Facebook) to wipe out one quarter of its market value was to have less than expected growth in number of users. I never had much faith in Facebook particularly if you compare the trendy type of business with something like Amazon, Google or Microsoft who do not depend as much on staying fashionable. Now, there is an opportunity if Libra or something similar comes out and their version of the metaverse works. Hint: They are going to have to reinvent themselves and face a fierce competition. Personally, I don't see anything special about Facebook's stock dropping 26%, as stated in the information and your source. Why is that? The fact is that any drop in prices for shares or other assets says only one thing, that someone sold the shares and cashed out. But more interesting questions, who did it and why? for example, not so long ago, shares of other well-known American companies, such as Elon Musk's Tesla, fell in price. Or maybe the guys are just withdrawing a little money from their companies because they know something not very good? Well, for example, the fact that soon the United States will stop financing such companies by printing new money, which may affect an even greater fall in prices for shares of companies. If so, then not very good events await us in front of us, including for the crypto market. |
|
|
|
China banned miners, the EU is thinking of doing the same and what if others will follow? In a hypothetical scenario where China, US Canada, Russia, India and EU ban pow mining I doubt the smaller countries can sustain the current active miners. Hashrate would drop significantly and the network would be weaker. Either there would be a massive investment in solar in many developing countries or we might see the first 51% on BTC (hope not). Do you see this as a potential threat or did the fud get in my head? As for the ban on cryptocurrency mining, one must proceed from the fact that mining consumes a lot of energy, and energy is currently expensive and prices continue to rise. So I think that those countries that have an excellent resource base for the production of inexpensive energy will become those countries where mining will be allowed. Take Russia for example. Contrary to all the fake news about the ban on mining and cryptocurrencies in Russia, all of a sudden, the President of Russia made a statement that no one was going to ban anything. On the other hand, you are talking about green energy. So, everything is bad here, since this energy comes out even more expensive, which can make cryptocurrency mining not profitable at all. What do we have left? Either the transition to POS and then mining and maintaining the network does not require the expenditure of a large amount of energy, or those whom I wrote about above will become monopolists in this industry. |
|
|
|
I've been deep-diving into many pre-sales and it's quite evident the amount of hype that this new market is generating, and there's still a lot of room for growth in my opinion.
I genuinely think that NFT pre-sales are comparable to ICOs back in 2017/2018, when very few projects required whitelisting and with no vesting schedule, so everybody jumped in in order to sell shortly after the live listing, causing many pump and dump movements, which led many projects to death.
What's your opinion about that?
As for NFTs, I believe that the NFT trend is gaining momentum right now. We can see many well-known personalities and companies announce the implementation of NFT, which means that the NFT market has not yet reached its peak and probably in 2022 we will be able to see another increase in the development of NFT. Are NFT presales similar to ICOs? There is probably a similarity, since both of these directions were able to give impetus to the development of the crypto industry and the adoption of crypto. So the NFT market has not yet reached its peak, which means we can still make good money on it. |
|
|
|
Bitcoin has made good progress in last two days, we all know that altcoins will follow the same path and some Altcoins like Binance have already started to surge so I feel this would be the right moment to invest into Altcoins like ADA, Solana and ICP which are ready to explode any moments, what's your take on this? Things will be in our favour of we choose the altcoin's wisely and better to invest now rather doing r when it reaches the peak.
But my only worry is what if it's one more bulltrap.
Indeed, over the past few days, we have seen a rise in prices for both BTC and many altcoins, but is it really necessary to buy on a rise in price? I believe that a good time to buy was just those few days ago when the market decline turned to growth. Now, many cryptocurrencies have already shown a good increase in their prices, and as you rightly noted, what if the growth is again replaced by a fall and this will be a trap. Oddly enough, anything can happen in the crypto market, so now it’s hard to say what to do, but one thing is for sure, now prices for cryptocurrencies are even lower than their previous ATH, which means that for those who believe in growth, it makes sense to buy cryptocurrency now . |
|
|
|
In 2021 Btc have many up & downfall ,still now it’s again moving toward the downfall ,as it was expected it will touch 100k at the end of 2021 ,does it still expected it will touch its peaks in March ?
I, like you and many others, thought that BTC would show another bull run by the end of 2021, but unfortunately this did not happen. One of the versions why this did not happen is the assertion that too many BTC holders were waiting for growth. Because of this, the next growth was postponed to 2022. According to one of the information, the growth of BTC may occur by the beginning of spring, that is, March, or by the end of 2022. But there were other factors as well. For example, the United States seems to be planning to start raising the lending rate at the beginning of spring, which they already say can have a bad effect on all markets, including the crypto market. No one knows for 100% who to believe and what will happen, but in any case, something will happen. And whether it will be the growth of BTC or the fall, I am sure we will all see with our own eyes. |
|
|
|
|
Show Posts
