Former White House communications director in the Trump administration, Anthony Scaramucci stated that the market's main cryptocurrency could reach US$170,000 in an eventual Biden victory.
Former President of the United States, Donald Trump, has already declared that he will be the “president of cryptos” if he wins the elections in the United States and returns to the White House.
However, Joe Biden's reelection could give an even bigger boost to bitcoin (BTC) — and that's according to a former ally of the Republican candidate.
Jokes aside, particularly, firstly, I wouldn't worry about this drop, especially because you realize that all cryptocurrencies are also going through a moment like eth.
Secondly, beginners end up losing money because they look at the financial market every day 🤣🤣
Guys, this is absolutely normal!! 😊 (At least it's supposed to be 🤣🤣)
If you are a beginner, don't worry! Everything that goes up comes down and everything that goes down will go up one day, unless it is a bad project, which is not the case with many cryptos and, especially, Bitcoin.
• Remembering that this is not an indication of purchase. • Whenever you buy a financial asset, research it, find out what the market is doing, because if it depreciates after the purchase, it may take a long time for it to appreciate again.
• Also, never invest all your money, always keep reserves and only invest what you are willing to leave with a good return, whether up or down.
Once, writing in this incredible media outlet, they called me “crazy”, “ignorant”, “who didn’t know what I was writing”, who didn’t understand the subject”.
Well…
Today cryptocurrencies are in a downward trend, which is natural, as everything that goes up comes down.
However, this drop is not at all absurd, taking into account that this market has always been and will always be like this. Up and down.
Therefore, what we must do is take advantage of the opportunities that the market offers us.
A good friend of mine said a long time ago “Wow, you can see that the market is going through an incredible moment!!”
Now, I'll have my eyes wide open for the next chapters of this moment that will last a long time, but when it's over, many will complain and remember this post.
See you soon, my friends!
(This is not a recommendation to buy or sell. Carry out your negotiations safely and responsibly)
According to the prediction of cryptocurrency experts, $IO net will reach close to $12.00 in approximately 1 month, that is, in July 2024.
Personally, I don't believe it, despite being sold on it.
I really want appreciation to occur, obviously, but I don't know if I can have peace and believe in an improvement in the face of so much persecution of our beloved cryptos 😂😂
Analysts report that $IO will plummet from now on! 😱
The market is ready to go. Say goodbye soon 👋🏻 It's going to fall, it's going to fall a lot!!!
Are these types of commercial assets merely speculative and fall after an exponential rise? It's always like that?
It appears that some top analysts and investors are moving away.
From this point we can observe the following:
- Investors buying at points where the price is low and, on the way up, exiting the position when prices are high.
Having said that, when they perform this maneuver, they do the so-called “T-roll”, where you, common man, sardine, small investor cannot predict the bottom, you just follow it like a blind man on a very busy avenue.
The above text only records market results, auto trading ideas, planned transactions and trading plans, based on chart.
The text is not a discouragement or an indication of purchasing any currency.
We can say that the emergence took place in the 1980s.
Thus, algorithms were developed by mathematicians, economists and computer scientists.
In the following years, programmer David Chaum developed the first type of electronic money.
This invention by the programmer mentioned above gave rise to the emergence of Bitcoin, which emerged years later, more precisely in 2009 and currently, is considered the mother of cryptos and the one that moves the market the most.
In this way, we also say that the person who actually started this movement was Satoshi Nakamoto.
And it all started with the idea that money would be converted into something digital.
And it didn't work!
With this exponential growth, digital currencies or cryptocurrencies, more popularly called, are currencies that you cannot withdraw from your bank's ATM, since they only exist on the internet.
They are a sequential series of codes that are always changing and always recalculating new codes within it.
To form new cryptocurrencies it is necessary to solve extremely complex calculations, destroying blocks and removing cryptos from there. Imagine a gold mine. That's basically it!
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THE STORY OF THE MAN WHO EXCHANGED 10,000 BITCOINS TO HAVE 2 PIZZAS DELIVERED TO HIM 🍕
In 2010, a programmer named Laszlo Hanyecz made a transaction that would become legendary in the world of cryptocurrencies.
He offered 10,000 bitcoins to anyone who delivered two pizzas to him.
At the time, bitcoin was still a novelty, and each coin was worth just a few cents.
An enthusiast accepted the offer and delivered the pizzas to Laszlo, marking the first documented commercial bitcoin transaction.
This purchase, which at the time seemed like a joke, quickly became a symbol of bitcoin's potential and volatility.
The transaction was recorded on May 22, 2010, and since then, this date has been celebrated as "Bitcoin Pizza Day" by the crypto community.
As the value of bitcoin increased exponentially in the following years, Laszlo's purchase came to be seen as a historic milestone.
Those 10,000 bitcoins, which were barely worth $41 at the time, were worth hundreds of millions of dollars at the peak of the market.
Laszlo Hanyecz's story is often cited to illustrate the incredible appreciation of cryptocurrencies and also serves as a reminder of the uncertainties and risks involved.
Although some saw the transaction as a monumental mistake, Laszlo never showed regret.
For him, the transaction helped demonstrate the real usefulness of bitcoin, contributing to its recognition and acceptance.
Today, "Bitcoin Pizza Day" is celebrated globally with events, meetups and, of course, pizza orders, celebrating not only Laszlo's transaction but also the growth and resilience of the world of cryptocurrencies.
Talking to some experts in the field, many say that bitcoin's tendency is to always increase in value, regardless of the global scenario.
However, at this moment, for now, we have some specific situations:
1)The Bitcoin halving that took place in May 2024 is officially scarcer than gold; 2)Now we have Bitcoin ETF; 3)New countries, at this moment, are adopting Bitcoin en masse as a parallel and even official currency; 4)Other countries “bitcoinizing” their economies; 5)Big banks, billionaires and companies in general buying and placing them as a store of value.
Finally, experts say that the appreciation could even exceed the expectations of all who believe in cryptocurrency.
For those of you who are just starting out in the world of cryptocurrencies, here are some valuable tips that I have acquired over the years:
1)Never buy on the rise: we often see that asset rising, rising and all indicators showing it as green, rising. Guys, what goes up comes down. Analyze why it is rising, don't buy just because it is rising. This is a serious mistake for beginners.
2)Don't follow guru's advice: the worst thing that can happen is people trying to guess this or that. Friends, study your assets, don't buy because one or another friend said about buying. Don't make that mistake.
3) Wanting to get rich: I'm sorry to say but you won't get rich like that. Unless you win the lottery. But getting rich overnight is for the few and for the privileged who have the information before we even know about it.
So, be smart. This world is not for amateurs. Study!!!
In my 8 years in this crypto world I realized one thing: high volatility is super normal in this crypto market.
Meanwhile, we need to realize the average price. If you are distressed and afraid because your chosen asset has fallen, here is some advice: WAIT!
In most cases, in the medium and long term everything returns to its origins. (Unless it is extinct lol)
However, a golden tip, always invest in quality cryptos, which have good projects. There is no point in buying an asset just because it might explode or because a friend suggested it. Do not do it! Research the asset! It's very important!
Just like every business in our lives, there has to be a good project behind it.