I am well. Crypto stocks have been died lately, with little price movement, in particular Bitcoin and Ethereum. Bitcoin is not able to cross the upper circuit of 42K USD while Ethereum is suspended at around 2500K USD.
You were all excited when Bitcoin was in place, $ 62,000 and continued to go up. Boom!
And now, back to reality, Bitcoin is always boring! As in previous years. If you see Bitcoin’s graphics, he simply repeats himself to his behavior.
There is nothing called the bull or the bear to run, they are all simple bullshit to conduct retail investors. What I think is that if you believe cryptocurrencies in general, if you have read and believe in the future of cryptocurrencies-be it BTC, ETH, ADA or VET … So you should continue to invest part of your portfolio in the cryptocurrencies and its mining stocks (If you wish)
But the fact is that you have to invest in the long term. Canada companies, such as Shakepay, invite you to buy BTC thanks to recurring payments. Take a look at that. I think it’s the best way to invest in recurring purchases, recurring to make the average price on the term.
In this way, you don’t panic and the feedback will be good.
If you are serious about mining operations, you must rethink the allowance part. Mara and Riot are probably excellent choices given the cost of production or mine by BTC.
Other actions like Bitfarms and Hut 8 (which is also approved for the Nasdaq now) are also good choices.
Especially Bitfarms, with an expected hashrate of 8 eh / s by eod Fy 22.
If you are interested in other cryptocurrencies other than BTC or ETH, you have a ton of excellent quality in ADA, VET, XRP, Litecoin, etc.
Each of the aforementioned crypto projects has something unique to offer and solve an existing problem. Aside. You must read the White Pans, understand the creator’s philosophy and read the fundamental value that the current is up to par. Do not enter Fomo and trade. You will eventually sell.
Instead, invest in the project you like the most and DCA to buy more on the drops. Have a rigid plan and respect it.
Suppose you also buy ADA, you can put it on the Pool Cardano and win almost 6% in rewards each week. Payment in Cardano and the price will appreciate over time. I remember that Cardano increased from 18 cents to almost $ 2.4 recently. Imagine if you have an average of dollars, right? Do it.
Another interesting crypto project is vet or vechain. They are incredible to solve supply chain problems, which is a huge industry. Again, you can put the veterinarian and win vethor, I believe, (mark out the awards).
The point here is that you don’t have to invest in mining actions if you think the cryptography market is surpassed. You don’t have to invest in BTC. You have many more interesting and excellent choices than BTC and ETH if the prices are too high.
All you have to do is sit down, think and preselect what you need to invest and the percentage. No one can do it for you, you have to do it yourself.
According to my personal experience, you can use Cyrpto.com to buy (not sponsored), to buy your favorite crypto, then set it up in the respective implementation pools. You can transfer online up to $ 3000 CAD to Crypto.com both and easily withdraw. It’s quite simple and I did it several times.
Personally, I am more in cryptocurrencies than to extract actions and to mark the really great awards. Simply visit the Cardano community and read the latest project updates. It is both exciting and promising in the future.
As I said, BTC is not all! But BTC is where it all started. So BTC is like the big dad if I can say …
Thank you for reading, let me know your thoughts and comments below.
