Even with the pandemic going on, this 2020 was deffinetly one of the best years for cryptocurrencies as a whole, and I'm hoping 2021 will be an even better year.
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With the number of people that lost their jobs over the course of the pandemic and various lockdowns, the need for online work increased greatly. Crypto i think is able to provide those workers with a way in which they can start trading and earning right from the get go, and there is plenty of information out there to help them learn as well. Features like robotrade are also very helpful for them as well.Yes, the pandemic really led to the increase of trading in crypto currencies. Dirujf the lockdown, people didn't have alternative than to be working online and the only and rewarding online business then was cryptocurrencies.
Yes this is the main reason for the ripple price drop. If you look at the price of ripple prior to the lawsuit, ripple was also one of the currencies that was doin gas well as all of the other coins as well, even rising from a price of 0.25 dollars to 0.8 dollars which was a massive increase in the price and massive profit potentials. so ripple also excelled in 2020, but unfortunately now the future of the coin is uncertain.I believe 2020 was really good year for crypto currency. I am not updated with new coin launch or their market cap or price, however, most of the crypto currencies gained a lot of momentum. During the end of 2020 ripple went down, but the reason for price decrease was due to US government policy and it has nothing to do with its own market condition.
I didn't exepect this dramatic increase of Cryptocurrencies at this unprecedented time caused by the global pandemic (covid19) at the begining of the year around January_ march coins like BTC was at $10k plus, LTC was at $60 plus, BCH was at $206 plus, ETH was at $300 plus etc. But now take a look at their main price tag you gonna see massive improvements. Especially in Bitcoin and Ethereum this two coins rose above 400% increase in their overall price tag. The only disappointment in the Cryptocurrency market is the recent decline of Ripple. Caused by the ongoing saga of breaching security terms, as claimed by U.S SEC, with time we gonna see if it's true or not. Apart from that, other Cryptocurrencies experienced massive improvement overall.
Do you agree with me that 2020 have been the best year since Cryptocurrency inception globally??
2020 is a year that won't easy go off from the minds of Bitcoin and other Cryptocurrencies investors. Cos they saw overall improvement around all crypto coins, and many income was generated as a result of the massive increment.Judging from the history of cryptocurrencies and how they have come to appreciate so far till now, it's logical to say that the year 2020 has been an impressive year in terms of bitcoin worth appreciation. Even with the pandemic, it still wasn't dragged down but kept appreciating.
Thats very much true, Bitcoin made a quick Renaissance to the top. Never believed it will climb this high up to now, I was hopping that it will gradually climb higher. Not knowing that whales got another plan for Bitcoin. They invest heavily making the price to adjust high again.I don't any analysts could predict such rush about a month earlier. Back that bitcoin was about 17k -20k and now after 1 month, bitcoin's price is about more than double. Bitcoin had a really impressive head start at 2921.
Yeah definitely, whales are very aggressive to help bitcoin to keep rising and reaching landmarks like 40k, 50k etc. I think some huge difference in price shows how much a whale or a group of whales are holding like you you notice, bitcoin felt to 36k for some minutes and increased much higher instantly.Thats very much true, Bitcoin made a quick Renaissance to the top. Never believed it will climb this high up to now, I was hopping that it will gradually climb higher. Not knowing that whales got another plan for Bitcoin. They invest heavily making the price to adjust high again.
Lol, it will keep on fluctuating like that, maybe one big whale has sold his own coins, made profit through it. Now the price have fallen, he will be hopping to re_invest to make profit again, when the price goes high again.Yeah definitely, whales are very aggressive to help bitcoin to keep rising and reaching landmarks like 40k, 50k etc. I think some huge difference in price shows how much a whale or a group of whales are holding like you you notice, bitcoin felt to 36k for some minutes and increased much higher instantly.
Yeah actually lots of investors think that whales are sacrificing their money for betterment of bitcoin but I think whaler are earning a lot from their investment as they invest in huge amount and capable to control the price of bitcoin the largest cryptocurrency of now. That's pretty impressive.Lol, it will keep on fluctuating like that, maybe one big whale has sold his own coins, made profit through it. Now the price have fallen, he will be hopping to re_invest to make profit again, when the price goes high again.
Pretty impressive Buddy, whales makes the price looks attractive at same time can reduce the price look extremely low. But it won't happen now cos more investors are coming up and are willing to keep their coins for the long time.Yeah actually lots of investors think that whales are sacrificing their money for betterment of bitcoin but I think whaler are earning a lot from their investment as they invest in huge amount and capable to control the price of bitcoin the largest cryptocurrency of now. That's pretty impressive.
Sure, one percent increase is a nice rate to drive in profit during Cryptocurrency investment. Any one percent increase in in the current Bitcoin price tag can bring me good profit for one that invested heavily on it. Whales has hand in making the price to increase by taking the majority part of Bitcoin or any other coins in other to keep the price moving. They can also make it fall too, if they decide to sell their big part Cryptocurrency.I don't think any sacrifice by whales exist in sustaining the price of bitcoin and altcoins, every one is Investing because they believe there is an opportunity in it and it is actually earning lots of whales big time profits at the moment 1% rise is a big amount for some people.