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What will happen to cryptocurrency?!


JuzLegend

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Posted

There is no need to be alarmed, everywhere , everything is affected by the move of prices and its important to really understand what is happening this could be a case of the financial world losing, I mean at the end of everything is happening you realize that the much that will be lost in the world of currency will be about 8 trillion dollars, thats some staggering amount you come to think of it, we are all in this boat, we thank God its not flat, because there are folks that have lost jobs others have lost businesses its not as you think so its important we keep safe and appreciate the little we have left.

Posted

Cryptocurrency is volatile so drops are common to happen around with different clusters of coins happening all at the same time. The only major hit that you might actually see while you stay and linger longer on dealing with cryptos is this "fishing rod" dips. This is unnatural but still a given to happen since we're dealing with a pandemic after all.

Posted

I suggest you to do a hold because this is only a decrease that will not last long and also if you have a lot of balance try to buy again because crypto coins will definitely experience a high increase.

Posted

I am currently working on the answer for when my friends ask me the following question: Why does #BTC that is said to be decentralized behave as centralized? #HODL. If you dare to speak about #Bitcoin , you must know its virtues and its defects thoroughly and with this many questions can be answered. 

Same for the cryptocurrencies.  If you did your DYOR with specific coins that are going down and you really believe and what you are doing and have self confidence then hold those coins, if not....  The market behaviors follows the whales track and whales are in both sides, fiat and crypto, and they probably are the same so.  

Cryptocurrencies are not a substitute of actual fiat economy programs but a complement, so, let this alternative option keeps its development while we are all happily in becoming part of the future.  Good luck. !

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