
In this video, we will discuss the price of Bitcoin, Ethereum, and the top altcoins. We’ll take a look at the cryptocurrency markets and the latest crypto news.
Topics We Discuss:
2:08 Market Watch
9:55 BTC/ETH Charts
17:28 BTC Eludes Breakout
31:43 Peter Schiff Calls It
34:35 Cancel Proof BTC
38:19 Larva Labs Code Cracked
41:40 Ethereum Merge
46:10 Hoskinson & Hilton
52:30 XRP Motion Denied
59:18 Quick Hits/Q&A
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.
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Cryptocurrency is a way for individuals and companies to transact in an alternative financial system. Because it’s decentralized, cryptocurrency is not tied to any country, so it’s a great way to save on money exchange fees. You can also use it to create virtual worlds like Decentraland. You can buy land, make avatar clothing, and mingle in virtual art galleries. You can even use it to pay your rent.
As of late December, there are over 1,600 cryptocurrencies. Some will rise and some will crash. Whether they rise or fall is highly speculative. The biggest speculative aspect of crypto investing is the fact that it’s a gamble, so it’s important to do your homework. You can choose a crypto based on its popularity, ideology, or economic model. To help you decide, here are some things you should consider.
There are many advantages to investing in crypto. One of these is that it’s decentralized and not subject to manipulation or government interference. Additionally, it’s inflation proof, and the digital structure allows for free portability across borders and divisibility. Although many investors are attracted to crypto, its use in illegal activities and a lack of state infrastructure are major negatives. There are many other reasons to invest in crypto. But if you’re still unsure, take a look at these pros and cons and make a decision accordingly.
The Ethereum price has fallen back below three thousand dollars. The currency currently trades for about $2,793. Other popular cryptos, such as Cardano and Solana, have seen their prices plummet. But these two are just a couple of the most popular. There are many other advantages to investing in this cryptocurrency. If you’re new to the concept of cryptocurrencies, it can help you make a lot of money without sacrificing your privacy.
Dogecoin was created in 2012 as a joke and is backed by Elon Musk. It has huge influence on the crypto market. In addition to this, PayPal, Facebook, and Mastercard have also backed cryptos. It is also important to keep in mind that a crypto can be used as a means of payment. It is easy to buy or sell and can be sold online for cash. If it’s already worth $100, it’s a great investment.
Some crypto currencies have been downright scary in recent days. XRP, a payments cryptocurrency developed by Ripple, has jumped more than 10% in the last 24 hours. This rise is due to a positive development in the legal case Ripple is facing with the U.S. financial regulator. However, the other major coins have dropped from their $40000 high to around three-hundred dollars. There is no indication how much longer the price will remain this way.
While the price of cryptocurrency has risen, it’s still not a mainstream option. The risks associated with cryptocurrencies are too great to ignore. The cryptocurrency network has never been hacked. It’s also a safe and secure way to make payments. But there are still some downsides to crypto, too. For one, it’s hard to understand how the currency works. There are no standard standards for a crypto wallet. There’s no legal way to know the value of a particular asset.