is this better time in Crypto?

in hive-175254 •  11 months ago 

The time in the crypto market looks good and at least the kind of price movement says this. The Bitcoin price has grown by more than 30% in the last month which I think is good. Now Ethereum is on fire and you can see that it's gone beyond 2000 U.S. dollars which is also making the market look good.

Are we heading toward the Bitcoin market bull run or this is just a temporary sentiment that we are seeing in the market? It's hard to say but looks good certainly because everyone as an investor always looks to see the market in green color and now is that time. I'm happy that the market is getting in a better state and this should continue to happen because we have been part of the bear market for a long time and it certainly needs some boost.

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If you ask me about the market and whether it's a good time to invest or not then I think it is hard once and now. If you are planning to invest for the long term which can be the next few years then I think you should go for it. If you are planning to invest in the market thus far less than one year then I don't think you should enter into this because it is a crypto market that is highly volatile. It can do well in this time also but there is no surety and sometimes things do not work the way we want.

This crypto market has the potential and can offer a bunch of opportunities to the people who are part of it with some strategy. But never expect that you are going to get the same that you have learned because it is quite possible that your plan will not work and that is how this market operates. This seems a good time and I think this is the time when we can try to make the most out of it but make sure to go through all possible aspects before investing your money in the market.

Thank you

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Appropriate study and understanding of the market and system before any investment is made at all is beyond necessary in the crypto space. While it may seem good, jumping straight into it is not a good step to take.

The answer to the question of "what is the better time in crypto" industry, I do not think that the exchange rate profit between crypto and fiat would provide the answer. The development of blockchain technology and the presentation of truly sustainable ecosystems are much more important. Because this article also mainly focuses on "investment". But I beg you, when did the crypto industry, which is based on blockchain technology, start and most of all why? In 2008, precisely because there is really nothing behind the FIAT system and the money included in it, it has zero economic basis according to the management model coming from the FED. So, I consider blockchain technology and the parallel study of truly sustainable ecosystems to be the standard of development, because I see no point in transferring the payment means of a healthy and well-functioning ecosystem to the system of an unhealthy and not well-functioning ecosystem.

Your comment is long but I don't get what are you trying to convey.

I made it quite clear though. It is more worthwhile to deal with the sustainability of ecosystems than with exchange rate-based speculation.