Important Reasons About The $BTC Price Today

in #bitcoin2 months ago

Things with the $HIVE price are not really very good all this time and that is really very true, but another thing that we should consider is just to be able to understand very well all this BTC price stuff because it is really very important all this, from my analysis that I have done today that the $BTC will have a significant impact all this time.

Not Thinking Long Term Is Very Valid For Small Investors

When you really want to get dividends with $BTC it is important to think long term and get our APR, BTC is the most profitable cryptocurrency and it always will be, but there are some things to consider before investing in BTC, nowadays cryptocurrency mining can offer us big amounts of money and it is something to consider but there are many other things to consider.

We have to think short term if we are small investors, many people in Hive invest in DEX and that is nice for users investments, in LeoDex we can find BTC-HIVE for a small example, such example can serve to explain the following:

  • Small investors can't bet on getting big results.

  • The BTC whales have control of the price, there are many large traders who manipulate the price in their favor, however the amount of BTC traders shown daily trading BTC is huge, which is equivalent to one large BTC whale at least.
    of traders shown daily trading BTC is huge, which equates to a large BTC whale at least.

  • Things that are out of our hands, can simply be sudden volatility and liquidity pools with second layer tokens.

With these simple examples we can demonstrate how price moves in $BTC something we cannot deny.

Opportunities Exist, They Have Always Existed

Bitcoin blockchain is very complex, we have to keep this always in mind to be able to explain the things that really matter to us, another important thing is to know how to differentiate investments but this can be very complex to understand and plan.

BTC blockchain NFTs can be a clear example that this is simply a very complex sea of opportunities, it is true that there are very few Satoshis (BTC) left to be mined taking into account that since 2015 started a really huge boom of big miners in BTC, in Canada and in undeveloped countries where mining is completely legal there are many mining farms where they extract a lot of BTC daily.

Considering that BTC mining is almost over we can understand a lot of things about it based on the current price.

But there are other factors that manipulate and determine the price of the crypto market, since BTC is the cryptocurrency that manipulates the price of altcoins, this may sound interesting.

I want to conclude this way!

In order to understand many things about it we must take into account many important things, ask ourselves many questions, these questions can be based on a past, a present and a future.

What is the current price of BTC?

  • Is it profitable to invest in BTC today?

  • What is the most profitable cryptocurrency today?

These types of questions can be very important and are exactly the questions we need to ask before investing in BTC.

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