Bitcoin fluctuations

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Bitcoin hits $48234 Monday evening it's highest since Dec 31

Bitcoin on Tuesday held ground just below it's highest patched a day earlier with games of original cryptocurrency topping 27% since Russia invasion of Ukraine Bitcoin heat 48000 20034 on Monday evening it's highest since December 31 it was the last trading up 0.9% at $47553

It's gains lifted smaller cryptocurrencies that tend to move in tandem with Bitcoin

Etherium the second biggest token hit 3436 on Monday it's highest since early January its gains lifted smaller cryptocurrencies that move in tandem with Bitcoin market players seated emerging science of new wave of adoption of crypto by institutional investors and financial farms whose interest over the past two years has fuelled crypto journey to main stream assessed from niche technology

Bitcoin has risen over 12% in the last week alone among spportive comments cited were those by blackrock chief executive who said last week that the Russia Ukraine war could and up accelerating digital currencies as a tool to settle international transactions

Such moves signal are growing conviction that the crypto markets are worth dedicating more resources to " said Noelle Acheson he is head of market insights at US crypto firm Genesis

Tough Bitcoin and other cryptocurrencies are now spoken of in the same breath and traditional assets from stocks and foreign exchange to bonds their remains as volatile as ever

Bitcoin hit an all time high of 6900$ in November before tumbling almost 30%in just twenty four days

Recent prices:-

Today the current rate of Bitcoin is about 3654566 dollars and one day back was fluctuating about 1.90 percent and if we talk about seven days back it has fluctuations about 13.51%percent fluctuations into the price of Bitcoin

Bitcoin as a master coin:-

It is assumed in the crypto currency market that most of the coins follow the root of Bitcoin means as Bitcoin raises up also other coins increase in their price and this is prominent and on the same when Bitcoin decreases it's value our coins follow it on the same way so one can clearly say that Bitcoin is a master coin and other coin like etherium , binance follow the pathway of the Bitcoin

In other words Bitcoin decides the fate of other coins and tokens

2021 market of Bitcoin:-

No doubt in 2021 and even in the time of lockdown the whole crypto market became a glorified market where every token and coin was shinning and people are showing interest to trade and most of them were even trading and they are enjoying it because the Bitcoin was increasing and almost it touched the skies boundaries at that time and at that time Bitcoin was mainly boomed and was flourishing with greater strength it was holding the hands of so many traders and traders were quite confident and mature regarding cryptocurrency mainly when we talk about Bitcoin

Even I also have observed that Bitcoin cash has touched 1400$ last year and it has crossed this price also which was quite surprising for the new traders who have started trading this year and it situation RightNow is extremely on the opposite end which is quite not acceptable for most of the crypto lovers

The last year graphs shows that it has increased about 187%percent last year and it was awesome days for the Bitcoin

Time to buy the crypto?

Most of that people ask about if it's too late to invest in any cryptocurrency buy and the answer is no a big no it is not too late to buy now even it is a time when so many cryptourencies are introducing in the market so the people who are a willing to in fast in some cryptocurrency they can invest in different tokens they can invest in different coins which are available in the market and try to engage with those coins and try to get information about those coins and obviously and the market will be yours the next name will be yours in the market and its a good time even if you talk about Bitcoin then Bitcoin also has move down so much it falls down so much this year if you talk about Bitcoin cash then it is touching the ground value of $200 now only it is touching not so much

If you want to invest then consult someone and gather some knowledge about the latest tokens and about latest coins and try together information which is worthy for you and for your career I think a person should consult only one person who is trust worthy and skilled person cryptocurrency market is the second version of stock market one time is best for the buying of that coin and may be in next situation when the value decreases and you find that you are in not condition so it is time to sell that coin in the market only this terminology should remain in the mind of different traders and investors

Fear about loosing money :-

Fear is always there then you start any job or any business so also Bitcoin is more likely business which you are running from your mind and you are running particularly so there is a fear always which always along with you when you are investing and you are buying the cryptocurrency there are risk that you can lose money but the chance that you get profit from it so one can say that there are two possibilities and those possibilities are on the ends on the extreme ends on one and there is profit and on the second and there is loss of your money if you are scared of it then I think this field is not for you

When to buy:-

It is not very easy to determine that went to buy a went to sale the Bitcoin mass of the time but the user predict that when the rates are low it is the best time to buy the cryptocurrency Mainly Bitcoin means when there is a red line below the Bitcoin

When to sell?

As I have speak about it that it could not be determinant well that went to buy a went to sale for this one should be skilled over the graph analysis and over the graph reading so the simple prediction that when the amount is becoming hire then that's the right time to sell the Bitcoin it is more like a business in the markets but it is not it doesn't follow the same strategy as one follow this strategies in market it has some different type of potential it has different type of strategy which one should have to follow

If we talk about Bitcoin or any other crypt of mc then it is obvious that one time it is rising and on the other time it is decreasing and when it is lowering than it is a most depressing for the traders and for the users and their or bring that may lord raises up the value of Bitcoin and on the other hand when the crypto market boom than it creates away of happiness among the user among the traders

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Thanks to my sponsors I am truly humbled to be here on read cash I am really enjoying this platform which is loaded with humble kind and generous people who really give time to each user who is giving the original content I always tried to provide quality content which can impact on the read cash and leave a positive vibe for the readers who are active

Do let me know about your interest in the crypto market and tell me that when crypto fluctuating then it fears you or not?I am waiting for your response till that keep in your prayers may God help all of you !

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Comments

Thank you for this update. It's seem that you have more knowledge about Bitcoin hope you share your knowledge about it and I'm willingly know more about this digital currency that most people gets in on this. Keep blogging my dear friend.

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2 years ago

this article contain good information

$ 0.00
2 years ago

Nice

$ 0.00
2 years ago

A lot of information about bit coins well done

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2 years ago

quite a good article to gather all the information regarding bitcoin cash and other crypto currency

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2 years ago