Crypto Market Volatility....

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Avatar for Bateman
2 years ago

Dominance of Bitcoin in the crypto is decreasing day by day but it is covers around 41% of the market. Any slight dip/increase leads the whole market in that direction.

Source: tradingview.com

As the dominance will decrease other crypto investments will become more and more profitable. Since few days Bitcoin is hoovering around 35k - 40k dollars. Most Analysts still believe that Bitcoin will dip once more. BTC has not touched bottom yet and it might take around few months.

Market Volatility of most popular coins will decrease with the time, but new coins still remains volatile and major factors for these can be pumping and dumping of the big players.

Before choosing your investment always check

  1. No. of Users and their Holding

  2. Usage over the time

  3. Creators and Supporters

  4. Demand and Supply

Apart from these Transaction Speed, Security, Protocols are the other factors to look for. These things Keeps you safe from Volatility and other losses.

Always choose the safe platforms for Buying or selling.

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Avatar for Bateman
2 years ago

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