Hampering the flow || Savior or....
It is hard to keep up with all the altcoins, as they are making their move towards the uptrend. If I am being honest this could be one of the best time to increase your portfolio in crypto market. But on the other hand this could be the worst moment to get into crypto for new traders or investors, if they have no idea what they are getting into. As this could be the potential movement of crypto which we all have been waiting for or this could be the repetition of history of the crypto market. Where people invested millions and were caught due to the all time ATH of cryptos.
Influence of BIG Names :
Ellon Musk : The big name that we have been listening for some time now. Can you imagine one tweet and the price shoots up like crazy. This is something, which needs to given a thought. When a single entity can make this much noise over a market, several positive and negative impacts might hit in the long run.
Needless, to say, Musk did the unthinkable. He was able to make some very positive impacts on crypto market with the help of his influence. Which drove substantial amount of revenue come to the crypto market. Many people thought this is probably IT, for BTC bull run. We were almost going to the past bearish pattern. He made his entry, probably at the right moment. While keeping all this aside, crypto market is gaining a lot of attraction. It is having a ripple effect in almost every financial sector.
The recent pump of DOGE is possibly a mere display of Musk's power of tweet action. This could happen much often nowadays. For instance, I was reading an article about a single address holding almost 15-17% of total DOGE in circulation. Too many things are happening behind the scenes. Musk is surely a blessing for crypto. On the other hand, things could turn the other way around, if you get in on trades blindly on someone's call. Better be prepared and count the blessings for the sake of yourself. It is your money, you should evaluate the risks of it.
That is why, invest that much which you can afford to loose. Lots of coins have potential possibility of growth in the long run. Always DYOR before making a decision, especially in crypto.
Pick some wise coins, which has some nice infrastructure and could hit massive gains over the time.
HINT HINT "HIVE" !!!
Best regards
Rehan
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Well, I do find his call on dodge very misleading. Dodge is an abandoned project with close to 20% of its total supply held in one wallet. What does dodge do? No one asks questions, they just play the speculative game. It is ridiculous. Yes I love the attention he is bringing to crypto but he has misled a lot.
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