With high levels of confidence from relevant players in the market, looks like BTC and other cryptos will continue rising!!!

in Project HOPE4 years ago

With upward trends for many cryptos, it seems traction for reaching higher price points for BTC and its highly correlated crypto #2, ETH amongst many:

btc eth correlation.png

Now, if you add the factor that some heavy hitters, like Elon, Cathie Woods, Winklevoss and some others, have high hopes and regards for the continuity of BTC and crytps in general to become more than just a trend, the markets are looking at the digital financial era as a new way of life.

btc.png

As a third factor, the general array of communities that are popping, and their growth, such as WSB, and the fact that technology renders ANY LIVING ADULT the possibility to become a trader (or investor for that matter), andalthough they bring low purchases, but high volume, they have shown they are capable (AND WILLING!!) to organize and mass buy or sell.

as a fourth and last factor that I'm looking at, is that since cryptos like BTC and ETH are somewhat good for hedging infflation, and many countries (like the US) are printing large amounts of money and handing out relief checks, without a new or growing output of services and/or products, inflation increases are a real possibility, therfore more than one, will think about moving their mone to cryptos to avoid money value loss.

What are your opinions??

Disclaimer: This is not financial advise of any sort, it is an opinion based narrative, using certain readily available facts on the internet. Read carefully, analyze, and make and take your decisions!

#cryptos #BTC #bitcoin #ETH

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Hello @davidgutre

Thank you for posting within our community.

Please spare few minutes and read how project.hope is organized and learn about our economy.

That would help you understand more our goals and how are we trying to achieve them. Hopefully you will join our community and become strong part of it :)

Do you use telegram or discord? If you do then join our server and give me a shout. I would gladly share with you goals of our community and introduce to others from our team.

Consider joining our discord server: https://discord.gg/uWMJTaW

Yours,
@project.hope team,

Thanks! I still have plenty to read about the community and of course of the platfrom functionality. I applaud to see as always, innovation from our friends from L. America (I always felt a good bond between my country, Mexico and Venezuela!)
Thanks @project.hope for the discord invite! I just right now joined