From Steem to BTC: Analyzing Recent Crypto Market Fluctuations

Hello friends, how are you, hope you all are well, I am fine and I have come to all of you with a new post which I am posting after a long time today, hope you will like it and you will give it the same support and love as you have been giving to my old posts, thank you.

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For the last few days, I have got to see a very good pump in crypto, if you talk, then for one or two days I have got to see a very good pump in steem as well, it is not that much but seeing such small pumps makes one very happy and in such a situation, the morale of all of us increases and we all try to get maximum rewards. See, if you are ready to take risks then you should invest in crypto because see, the risk here is very high because you do not have any guarantee of anything here, sometimes the crypto market becomes very bullish and bearish even after sending news.

Well, in many countries, there is a lot of taxation on crypto and here in India too, you have to pay about 30% tax on the petrol of crypto, perhaps this is a big reason why people are afraid of investing in crypto here and also consider it a scam because a lot of scams have happened with people in the name of crypto, so people have a brother in their minds but not everyone is a fan of cryptocurrency, people who have been in this industry for a long time know where to invest and which ones are good and which ones are the ones that rob people of their money.

Well, look, we cannot predict anything. If I talk about it when BTC was at 65000, people thought that it would go up further, but what happened was just the opposite. BTC went down from 15k to 18k. Many people must have invested then and imagine when they would have looked at their portfolio today, how proud they would have felt when they would have seen that the price of BTC has come down to around 107k dollars. Look, people do make price predictions but it becomes a bit difficult to make the correct prediction of anything, especially if I talk about crypto, but if you look at any concave fundamental you can also invest according to the sentiment at the centre of the market. Everyone has a different strategy and then invests accordingly.