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Showing posts with the label coinmarketcap

Why Bitcoin crashed? Is it a good decision to buy Bitcoin in 2022? - Portfolio news

Today is 28.05.2022. and the price of Bitcoin crashed a lot during the past month. In one month the price decreased from 40.000 USD until 28.000 USD but we know that we were also above 60k. Possibly it can be strange that I do not own BTC exactly "just" in ETF, but I think Bitcoin will be a part every time of the most valuable coins. I bought Bitcoin ETF just because of the good tax rate. So let's check the price. ( Check the real-time price here ) Do you think the increase is a lot? Yes you can feel it possibly because we need to climb up with 40% to arrive to the starting level 30 days ago. Sometimes a price decrease generates panic sells, but please never forget that investments needs to work in long-term especially these times where more of the instruments behave quite hectic . I know there is a lot of sites where you can read optimistic articles and that 2022 will be the year of cryptocurrencies, and I can not give much more explanation. Just a little highlight. Neve

What I hate in the crypto market? - Why I bought Shiba Inu?

 In the previous post I shared with you what kind of crypto coins I own. Now let's move to the other part of this explanation. Why I decided to buy them. Today I'll talk about Shiba Inu and about the strange situation, that literally I hated to buy it. Let's talk first about the reason. ...because what I really hate in crypto market is the meme coin part. Based on my view cryptocurrencies and especially blockchain is the future of our life. Not only on the financial market but on more and more field of our life. This is a serious world and I think there is no part of big jokes, and shit coins in it. I mean of course not 100% percent of the crypto market needs to be serious. We can make jokes, and also there is a place for speculation, but if we do not separate it from the main market we create joke from the whole market, and new people can not take it seriously. If you check the main page of CoinMarketCap and highlight what can you see? This picture was taken on 03.01.2022.