Steemit crypto Academy contest||S1W4~ Reviewing the instability of the crypto market || by @ghani12

in SteemitCryptoAcademy2 years ago (edited)

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Hello everyone my name is yahya ghani and this is my first post in the community for the contest LINK. This is my first every try to write about crypto with the shortage of time i am able to give it a try hope to be noticed by curators for my efforts.


what i think about the decline in market of crypto /causes / and how long it will take

There are a few reasons for the current instability in the cryptocurrency market. The most common reason is that there has been a large influx of new investors into the market, which has caused prices to increase rapidly. However, many of these new investors may not have the experience or knowledge to handle a volatile market, and this has caused the prices to decline. Another reason for the instability is that there are a lot of scams in the cryptocurrency market, which has caused people to lose their money. I think that this decline will continue for a few months, but eventually the market will stabilize. We all know the fact that crypto market will always be volatile, so it is important to have a plan for how to handle any potential volatility in the market. And dont loose hopes in about the crypto marekt.


Drop in the prices of coins / How this will be dealt with?

There are a few factors that contribute to the instability of the crypto market. One reason is that coins with smaller markets cap tend to be more volatile because there is a greater chance they will experience a price drop. Additionally, there is a lot of speculation involved in the crypto market, which can lead to prices fluctuating quickly. There are a number of strategies that traders can use to deal with market instability, but ultimately it is important to stay alert and monitor the market closely. Which might cause the price of a coin to drop. Speculation can also involve investing in coins that are not necessarily based on sound investment principles. For example, some people might invest in a coin based on the belief that the coin will increase in value over time. However, if the coin does not have a sound foundation, it might experience a price drop even if its market cap continues to grow. Ultimately, it is important for traders to do their.

Relationship between Terra ecosystem and currency Luna/ Prices will bounces back yes or not explain?

according to my personal observation and the knowledge about crypto i think that the research and understand the risks involved before investing in any crypto assets. I do not think that Terra's collapse is directly related to the current instability in the crypto market. However, I believe that it is important for traders to understand the risks involved before investing in any assets, including cryptocurrencies. If traders do not understand the risks associated with a particular asset, they could easily lose money if the market volatility increases. In my opinion, Terra's collapse is more related to the fact that the company did not have a sound business model.

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The Terra ecosystem and its Luna currency were based on a pay-to-play scheme, which is not sustainable in the crypto ecosystem which is based on transparency and trust. I believe that Terra's collapse will bounce back, but it will take some time for the market to adjust. In above image we can clearly see how the Terra luna ecosystem got its full potential with in a year which is clearly unimaginable at that time so surely it will bounce back with in the time span of 3 to 4 months. If you are interested in tracking Terra's price, I recommend visiting the CoinMarketCap websiteLINK. The website provides a comprehensive overview of the market conditions and prices for all major cryptocurrencies. Additionally, you can use the site to track your crypto assets anytime. I hope this information was helpful. There is no one-size-fits-all answer to this question, as the bounce back will vary depending on the individual circumstances.

Steem ecosystem downturn/ steem user stress/ specify the argument with review ?

There has been some stress associated with the market downturn, but I remain confident in the Steem ecosystem because it is based on a sound business model. The Steem blockchain allows for secure, transparent and tamper-proof transactions, which is why I believe it will be successful in the long term. There is no one-size-fits-all answer.

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There might be a vawe of stress in huge sponsors but according to me th steem project is based on sound business models. Steem rewards content creators fairly and it is a platform that can support a lot of dApps. So, I don't think there will be any stress for Steem users in the near future.steem block chain pass all the hard times when it started so we all should be confident about that it will retrieve its value back with in few months. There is no one-size-fits-all answer to this question, as the bounce back will vary depending on the individual circumstances. However, I believe that the Steem blockchain will rebound in the near future, as it has done in past downturns. This project is based on sound business models and has a wide range of potential applications, which will ensure its long-term success.

Conclusion

i would like to conclude that there is no need to worry about the market downturn affecting Steem users in the near future. The project is based on sound business models and has a strong community support, which means that it will rebound in the near future. So, don't be afraid – Steem is here to stay! steem and other crypto ecosystem There is no one-size-fits-all answer to this question, as the bounce back will vary depending on the individual circumstances. However, I believe that the Steem blockchain will rebound in the near future, as it has done in past downturns. This traumatic time is not for the faint hearted i know that very well but we all know it will bounce back in no time to give our efforts a really good reward.

Submission to ,
@nane15
@kouba01
@reminiscence01
@fredquantum
@crypto-academy

Good luck everyone

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