BITCOIN BULLS CHARGE FOWARD…FOR GOOD?

In this video, I want to talk about the bullish run Bitcoin and Crypto had over the weekend and today. Does this mean Bitcoin is reading to head higher? Also news about Ethereum, Cardano, Shiba Inu and Terra.

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0:00 Intro
1:05 Market Overview
2:00 Fastest Thing On Earth
3:25 Oil News
4:40 Inflation
5:30 3rd Whale
6:20 Cash On The Side
7:30 Wyckoff Pattern
8:50 Consolidation & Capitulation
10:00 Bitcoin
11:00 ETH Merge
12:00 Cardano
13:00 BNB Chain
14:15 LUNA Airdrop
15:45 SHIB
17:20 Q&A

🔴Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptosRUs. CryptosRus may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.

#bitcoin #btc #crypto

Cryptocurrency is a revolutionary new paradigm in money. Instead of centralized intermediaries who police transactions between two parties, they are a decentralized system. The decentralization of cryptocurrencies allows people to interact without the need for centralized intermediaries, which may lead to a cascade of crises around the world. But what are the advantages of using crypto? Here are some examples of its potential uses. Let’s explore some of them.

The price of crypto coins is determined by the number of people using them to purchase goods and services. This is driven by scarcity. In the case of Bitcoin, for instance, the maximum amount of BTC is 21 million. As more people enter the crypto space, there is more competition and the price rises. However, some coins have a mechanism to increase their value through burning. This mechanism makes it difficult to monetize a cryptocurrency, resulting in a negative price trend.

Ethereum has fallen by 22% in the last week. Ethereum may soon follow suit. The currency could be poised for a major reversal, but it’s unclear whether it can go much higher than its current valuation. A crash is an opportunity for investors to reassess their position. Whether it’s time to average down or cut losses is a critical decision. Until this issue is resolved, investors should consider all options.

Ethereum, which is the second-largest cryptocurrency after bitcoin, is also experiencing a massive drop. The price of ethereum is down by 65% since its all-time high last year. Other top ten cryptocurrencies, including Bitcoin and payment coin XRP, are also experiencing steep declines. But it’s hardly the end of the world. So, it’s still possible to profit from cryptocurrencies, especially those that are still new.

Cryptocurrency has become increasingly popular. While it has little correlation to the stock market in the United States, mainstream companies are evaluating the technology behind crypto and examining the supply chain of the network. The future of cryptocurrency seems bright. Nevertheless, it is essential to remember that investing in crypto requires a strong investment thesis. After all, it is a process that involves mining complex functions and recording data on the blockchain. You should consider your investment thesis and decide what currency you want to invest in.

As cryptocurrency continues to gain popularity, there are several types of assets you should be aware of. Bitcoin is a perfect example of this. It is a digital asset that represents a unit of value. Unlike bitcoin, which is fungible, nonfungible assets can be used for single-purpose applications. In other words, they provide liquidity to illiquid markets. A real estate token, for example, allows owners to trade property shares in a similar manner to a stock exchange.

Many luxury retailers accept cryptocurrency as payment. Bitdials, for example, offers high-end watches for bitcoin. Some car dealers also accept it. While AXA excluded life insurance due to regulatory concerns, Premier Shield Insurance accepts cryptocurrency as payment for auto and home insurance policies. There are also a number of cryptocurrency debit cards on the market, including BitPay. But before you buy, you need to be familiar with these payments. These are only a few examples of the many ways to trade cryptocurrency.