Betterlife with Steem || Diary Game || 11/01/2022 : Crypto Market is giving Good swings
After some continuous days of downfall the market looked a little better yesterday and then again today we see a decline in the prices and again it feels disappointing to see the prices all in Red. The green any day looks soothing to the eyes...hehehe. Specially the Steem price it was a sheer pleasure to see the Steem price going up to a .50 cents, a good pump of 20% in the price. But then again today it has gone down. I guess this going to continue for some couple of months.
Prediction says 2022 is going to be a good year for Cryptos, though the start has not been very good but eventually it will boom. Well I do think that it is still just the beginning of the year and we should not make any assumptions based on the current patterns. The year will unfold and I am sure it will give us some pleasant surprises. I am very positive about it, that possibly by the mid year we will see the market boom and then it will again fall.
This is a good time to make investments and not panic and sell what is already there. One thing is for sure, that sooner or later this market will go up and we may never see these levels again. As of now yes it is expected that it can fall down further, so no panicking and just being patient is required at this point of time. Even if one does not buy anything in this fall, then one should avoid selling also. Specially the small holders. We make these mistakes and then repent. In the year 2021 we have seen many changes in the market. The big players have stepped in, they have been constantly manipulating the prices for the very reason that they want to make the most of the market. The prices are not going anywhere but just up, it's a matter of time.
Lately I put some money in this new coin that has come out Kasta. The founder of this coin is Carl Runefelt, very well known as "The Moon" in the crypto industry. The coin is introduced with a focus to make cryptocurrency adoption worldwide majorly focusing on the day to day usage. It is going to be a digital payment platform. Very soon they plan to introduce the Kasta Debit Card. I am still learning about this coin, but I find it a lucrative investment. They had a bidding at the price of .03 in which I got only worth 10$ and when it opened it touched 1.49 and then it came down to $1 and now it keeps moving between .75 and .80. This is just a recommendation based on my judgement and not any financial investment advice. Hence please do your own research further before investing.
If there is any further drop, I am planning to make some more investments and grab the opportunity. Crypto is the future and right now is the best time to get in. The early adopters are definitely going to benefit in the long run.
So what do you all think, Will the Crypto market boom in 2022, and if yes then by when?
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Thanks for the information, and yes, in the face of losses you have to remain calm, and with a positive mind. Everything that goes down goes up. Greetings.
In the last so many years we have seen these swings in the crypto market so from that we do have a understanding that these are little bumps on the way :-)
True nowadays the market is in bearish momentum. I hope 2022 will be a great year.
I am hopeful that by mid year the market will boom
Lately there has been talk of a crypto winter, where the price of coins will drop a lot; But as you say, we should not panic, it may last a few months, but as the saying goes, after the storm comes calm.
We have seen these trends many times now in past in the market so by now we should learn not to panic and patiently wait for the right time
In these moments of cryptographic winters, it is better to invest in several projects, which we consider the best, since unfortunately this field of cryptographic currency is very unstable, to this instability is added the winter that is approaching, then, we are in the presence of a minefield.
It will be good to distribute your investment in a few good altcoins. Surely it will get better
Last month I have bought two coins "cocos and Request" with almost 500$worth when the coins were at their peak, unfortunately, the coins down and the rate went down upto 100$, I hope BTC will pump up again
Oh my dear, but don't be disheartened, it will go up, and you will get good returns on your investments. In the recent times, I have found Kasta, Matic and Atom as good investments, even with the market going down there has not been much of an impact on their prices. In any case the BTC will only be going up eventually, it's matter of time and patience.
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Felicitaciones, su publication ha sido votado por @scilwa. También puedo ser encontrado en nuestra comunidad de colmena y Peakd así como en mi servidor de discordia
Thank you for the curation, appreciate your support
In my opinion, in these moments of cryptographic winters, it is best not to fall into despair and take things slowly, and not make decisions that will harm us in the future. Anyway, sooner rather than later that will happen and stability will come.
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Thanks, interesting post.
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Very well written ma'am!! We just require patience things will work!! This positive posts speaks so much about your positive aura!!
Thank you