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How will the events in the coming months affect the value of cryptocurrency?

  • Thread starter Thread starter Kamon c4
  • Start date Start date
Well this is something that we have always been inconsistent to, because it is how it is with cryptocurrencies when it comes to price changes going up and down with the events that goes on in the country.
 
The festive period cannot really have much effects on the markets price of cryptocurrencies. Cryptocurrencies itself is volatile, it prices is not stable. The only effect covid could have on cryptocurrencies is the inability of people to be able to invest much on it due to lack of funds cause as a result of covid and businesses lockdown.
 
The last festive period affected the prices of all Cryptocurrencies in a positive way. They gained value, and their prices increased so well even some went over 100% price increase within that period.
 
Josemendez said:
The world is all about taking risk and choices. So is up to you
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If you want to earn money through cryptocurrency, then you have to take risk for it, if you do not take the risk then you can never succeed Because you can make money easily through bitcoin The number of investor is increasing, so the price of bitcoin will also increase.
 
I'm just hoping for a positive effect this year which I believe we will definitely have, in cryptocurrency system, this festive period will be different because i feel people will see the need to invest more
 
From my experience over time with the behavioral partern with the Bitcoin, it has always have that attitude of fluctuating mostly upwards during the end of every year. This trend can be taken advantage of by smart investors
 
We almost on the middle of the year already. When the year started to go towards it end, in think we will be seeing Bitcoin doing it's thing again, that is it will beging to pump up so high this one because of of the expectations we have in it to pump
 
The events would not slow down or affect the rising trend in Bitcoin at all. It will rather enable it to increase in it's value as speculated. Bitcoin is in for a very great and massive pump in the coming months
 
The crypto market is in bearish run since few weeks. I think it will take a while for the market to go bullish again. If you have money, it is time to invest and hold your crypto assets.
 
Of course, not only festive periods but weekends as well. This is because a lot of people hold assets or trade during the weekdays and in these periods when there's no much celebration.
They withdraw higher in these festive periods.
 
History showed that cryptocurrency dips during festive period. At festive period , people would sell their cryptocurrency whenever they needed funds to purchase somethings.
 
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