A sudden boom! Where we are going?

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Avatar for Iamjohn
2 years ago

Green candlesticks make us happy. On the other hand, we know that a sudden boom will never last forever, not even a week. So the question is, where we are going? You may have already seen/read and research yourself about the market curves. So I'm not going to add more. Till now everything looks good. Major coins and tokens are showing positive shine.

Screenshot from coinmarketcap

BTC is at an all-time high, many are just a few dollars away from crossing the record.

Maybe this is the time when we can say that we entered the era of crypto. I hope this will stay and we really can make the saying comes true.

Anyway, while analyzing the market for a while some coins and tokens caught my eyes. Seems like they are emerging from nowhere. Though it seems manipulating, also it shows the sign of mass investment too.

Screenshot from: tradingview.com

The curves are showing a hugely positive sign. It's steady although it happened in a shorter period. So we can hope to see the era of BTC for real.

Screenshot from: tradingview.com

A few days ago, I have shared that I'm going to buy some more BTC. Some of my friends were calling that it's not a good sign coz it's not dipped. But now we can see that was a dip compared to this, right?

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In conclusion, I must say crypto is at an all-time high. If even I predict the worst then this market will take time to go down. And I guess, the treaders and investors will not let that happen. This sudden boom is feeling like it will vanish as such. But the signs, trends don't say the same. So I'm hopeful and investing more.

Disclaimer: I'm not an investment advisor. Do invest in your own risk.

# Thanks for reading my post.

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Avatar for Iamjohn
2 years ago

Comments

Cryptocurrencies are the "easiest" way to pay, nowadays many people manage this type of accounts. In my country the currency is always devaluating, but we can have cryptocurrencies and so we do not lose our money, but we can even increase our earnings. Every day a new currency comes out, this is the future? There are also many currencies that cease to exist and it can be dangerous to invest our savings in this type of currencies. It is necessary to study and investigate which is the best currency that is in the market to be able to have more profits or that our money is not lost.

$ 0.00
2 years ago

I agree with you. Countless numbers of coins and tokens may confuse anyone and it's a risk. But it's an opportunity too if we can study and research. Also, I always say don't invest your money in one asset. Thanks for sharing your opinion.

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2 years ago

Sure, it's good to study them and invest in different coins, having the hope to be able to earn some more money. You have to have faith and luck hahaha

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2 years ago

We are heading into the future.

$ 0.00
2 years ago

Yes, we are going to enter the era of BTC.

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2 years ago