@FireOnNoiseApp 6 March 2021 more from that month

Choosing a suitable crypto asset to buy for long-term investment is tricky. Apart from Bitcoin, what crypto assets, huh? The crypto asset market is again showing its charm after having been dimming for almost 3 years. Because the prices of crypto assets such as Bitcoin (BTC) and Ether (ETH) tend to be "stuck" after a crash which then became the beginning of the crypto winter season in 2018. However, despite the bad news, if we look at the history of crypto assets, there is a potential long-term increase in asset value which turns out to be quite interesting. For example, even though we bought Bitcoin at the highest price in 2017, which is around US $ 20,000 per BTC, now in 2021, the value of our assets has increased at least two times. Although, the price had fallen in the range of US $ 3 thousand in 2018-2019. Bitcoin deserves to be taken into account, considering that it is the beginning of the formation of the digital asset industry. His name has also been widely recognized in almost all countries. Even today, so big like Tesla, MicroStrategy, and investment fund management institutions are starting to assign a portion of their funds to crypto assets like Bitcoin. However, the question that is quite often encountered by writers in this regard is, is the current price of Bitcoin not too high to buy? For friends who estimate an increase in asset value up to 10 times, is it still possible if they buy Bitcoin? With the current market capitalization, with a price per BTC in the range of US $ 50,000, it takes a price of US $ 500,000 or around Rp. 7 million for BTC buyers now to get a value increase of up to 10 times. This can be realized if there are new purchases of BTC amounting to around US $ 8.5 trillion. Of course, although it is possible, according to mathematical calculations it will be more difficult to occur. An increase of more than 10 times will be easier for other crypto assets with a lower market cap. Choosing crypto assets with cheap market cap on the other hand, is not an easy job. With a certain sensation or trend, it sometimes makes our vision a little blurry to judge which ones actually have value and which are just “hitchhiking”. #CryptoTrading