The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. Cryptos feed Dogecoin price provides perfect buy opportunity for a 50% breakout
Earlier today, Bitcoin (CRYPTO: BTC) flash crashed to $8,000 on Binance U.S., the American trading platform of the world's top crypto exchange Binance.
.
The crypto community is witnessing impressive growth in the fourth quarter. With several altcoins rising out of the odds. Meanwhile, the dominance of the star crypto is at 41.4%. Numerous newer and lesser-known coins in the crypto industry are giving out impressive returns, leaving out top-tier coins behind the dust.
A petition to 'Get Safemoon Listed On Coinbase' has currently gained 4,646 signatures.
Here's everything we know about SafeMoon and why it could be the next big cryptocurrency on the market. Read More Related Articles What is Dogecoin? - The cryptocurrency that continues to grow Read More Related Articles What is Ethereum - the cryptocurrency everyone is trying to cash in on What is SafeMoon?
This website makes use of cookies to improve your experience within our website. By continuing to view this website, you agree to our Terms of Use, Cookies Policy, and Privacy Policy.
‘Not Considering’: Zimbabwe Government Clarifies Stance on Legalising Cryptocurrency
About UsAdvertiseNews AlertArchivesAppsCareersChannelsDisclaimerFeedbackInvestorsOmbudsmanRedressalsService Terms
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree
Decentralized platforms that require a coin can be enabled via blockchains. The blockchain is the distributed ledger technology that allows a network to maintain consensus. The network can track transactions and transfer value and information due to distributed consensus.
How does cryptocurrency gain value? Like any market, the value of cryptocurrencies fluctuates based on the market’s perception of its value at any given time. These fluctuations may be rooted in some of the supply and demand factors mentioned above or can happen as a result of hidden market factors. Buy low, sell high – using the classic investment strategy, users can increase the value of crypto by buying and holding coins. The buying increases demand and hence crypto value increases.Mining – the act of mining Bitcoins or altcoins can be profitable. It also impacts the supply of cryptocurrencies.Increasing utility – as more institutions invest in crypto and accept it as a form of payment, its utility increases. As a user, you can contribute to this process. This will increase the value of cryptocurrencies over the long term. Media coverage – crypto prices fluctuate according to media coverage. Users can impact this through their social media accounts. Conclusion
However, investing in a crypto ETF, like BITO, still carries the same risk as any crypto investment. It’s still a speculative and volatile investment. If you’re not willing to lose the money you put into crypto by purchasing on an exchange, then you shouldn’t put it in a crypto fund either. Carefully consider if you’re willing to take on the risk of having cryptocurrency in your portfolio at all.
Shiba Inu coin price soars again in continued price pump - what Shiba Inu coin i...
Nuclear Medicine Market size worth $ 10.87 Billion, Globally, by 2028 at 4.8% CAGR: Verified Market Research®
GameRevolution is a property of Evolve Media Holdings, LLC. © 2021 All Rights Reserved. | Affiliate Disclosure: Evolve Media Holdings, LLC, and its owned and operated subsidiaries may receive a small commission from the proceeds of any product(s) sold through affiliate and direct partner links.
Not a huge amount is known about SafeMoon meaning the risk to your investment may be even higher.
SafeMoon happens to be one of the most transparent and decentralized assets. No wonder its advantages override its limitations. That is the reason investors tend to buy SafeMoon with confidence and tracking future SafeMoon price predictions.