Breaking Down Crypto: BTC's Growth, Meme Coins, and Investment Wisdom

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Nowadays, there is talk everywhere about cryptocurrency and how BTC is increasing. In the last few months alone, we have seen very good growth in BTC. Along with BTC, meme coins are also pumping a lot. As we can see, in the last 7 days only, there has been an increase of about 300-400% in some meme coins and this is very good news for the on coin holders. It is not possible to make them rich with a few dollars, but if you get a return of 400% within a week, then perhaps you will not be afraid of selling it and this is also a very good thing. If you have entered the market to earn a profit, then you should immediately book profit and leave because whatever goes up will also come down.


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There are many reasons for BTC to go up and among them, since then there has been a lot of positivity in the market and people have become more police and this is a very good thing for the crypto industry. Yes, not all countries have adopted it well yet, everywhere has their own rules and regulations and yet overall this is very good news for the crypto community and we should celebrate it now. BTC was almost about to break its all-time high but then it came down. When one has to prepare for such a high jump, it is necessary to come back down a little. Let's see when BTC will break its all-time high. Judging by the way this disease is progressing, it seems that maybe we will get to hear from here only tomorrow morning, if not tomorrow then it will happen by the end of this week. I am saying that yes, there is no guarantee that this will happen, rest let's see what happens.

If you have been doing DCA on some of the top cryptocurrencies for the last few years, then I can confidently say that all of you must have made a good profit. Some of us might have even left here after making a profit. And some people are still holding on and waiting for it to go higher and this is also a very normal thing because greed is in human nature. Sometimes it is beneficial and sometimes we are left with a loss, sometimes we celebrate after that and sometimes we have to regret it. It all depends on the circumstances where you are investing and for what purpose you are investing it. This is how life is really.

Is this the right time to invest?

I am not a financial advisor and will not advise you to invest or not to invest at all. Do your research and only then make a plan to invest. Yes, there are some things that I would like to clarify with you, which may help you in thinking a little. BTC halving is going to happen in a few weeks and it comes once in a year, sorry, 4 years. And this is also big news but this time even before the heaving, BTC has made a good jump and this is very good news for the entire crypto community because the value of BTC means a positive rally in the entire crypto industry. As we are seeing nowadays, many people are predicting that perhaps BTC will cross 100k USD by the end of the year. It will not be a surprise if it goes away because after ATH, how big management firms are pressing and investing in it is also worth seeing.

After halving, the per day mining of BTC will be almost half, and after that, it is also inevitable that the price of BTC will be pumped. If this does not happen then probably the miners will not get a profit and due to this, they will probably have to close their mining farms. You will have to do it, if you don't get any profit then what is the point of doing it. And keeping all these things in mind, the price of BTC is not fixed, you can see its growth and if you compare it with other things, then perhaps you will be able to get such returns somewhere.

I should buy or hold?

If you have just made a good profit on any cryptocurrency and you think that you can earn better returns by investing this money somewhere else, then perhaps you should book a profit. You can fix a target that you will get such a percentage of profit on And you will then invest it somewhere else, but if you had invested in any of the top ten cryptocurrencies even after a few months, you would have still made a good profit. No, I had invested just a few dollars on some coins. Yes, some of them were meme coins too, but that year I had to sell them all at a loss and now I am regretting it a lot because those coins gave me very good returns. No matter, nothing can happen now, but still it will be a lesson for next time that we should not take any decision in haste and next time I will keep this in mind.

I don't know why but my bet is a bit on hive. If the hive goes even to 10 USD, I probably won't sell it because I know its potential and how do I know about it? There are many ways in which I can live without this sale. I can still earn good returns and this is one of the best features of Hyde which makes it different and unique from other cryptocurrencies. What do you think about this, are you selling, holding or buying?

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see you in the next post. Keep learning and keep exploring...

All the Images are Made Via Canva unless otherwise noted.

Translated via Google Translator, The content is original.


Thanks a lot for staying till the end 😃🙏, Let me know what you think.

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11 comments
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I feel so excited about he way cryptocurrency has been these days but one thing is that one needs to tread with caution because of the volatility of the market. Thanks for sharing your thoughts on the recent crypto market trend.

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Chote bahi, I have the same kind of thinking for hive. We should hold as future looks very promissing as compare to other cryptos in my knowledge. Long term goal in Hive can change lives if thery are not for a little bit of money which can be earned from other sources.

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(Edited)

PIZZA!

$PIZZA slices delivered:
tin.aung.soe tipped bhattg
@intishar(2/5) tipped @bhattg
underlock tipped bhattg
curation-cartel tipped bhattg

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In last few days BTC pumped a but compared to BTC Altcoin didn't pump too much. Some Altcoin performed well and I booked profit.
Selling pressure may come from Miners. Let's wait and see what's happening next. Moreover we shouldn't regret for missed opportunity.

!PIZZA

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