This News Can Bring The Good Uptrend In Crypto Market
The beginning of this week is good for the crypto market and I hope that It will remain positive. If you have knowledge of lines then you can make money 7 to 8 times into 10. 200 weekly moving average supporting the Bitcoin price which is good and currently bitcoin trading around 28k dollars. So both technical analysis and fundamental analysis are important.
There are some factors, and because of that, the market is turning positive. The US debt ceiling update is one of the major updates that played a role to turn this market positive. Now let's talk about the second big news which is coming from the Hongkong you know that Hongkong is the Chinese area. From 1 June, bitcoin and Ethereum trading will start in the HongKong. We can't ignore this because there is a 75 lac population in Hong Kong and suddenly these people joining Bitcoin which will definitely impact the market.
Things are good for long-term holders
This information can be useful for short-term traders and the Chinese government can change the rule anytime so we can't depend on this news only but you and I know that we will not get the current rate after two years. This is what long-term holders believe including me. Do you think that you will get these rates of Splinterlands assets after 2 years? There is a possibility but a 90% chance to increase the price in the long term because the bull season will push the price of the overall hive market.
So long-term believers do not need to worry because whatever dramatic situation is creating, one day all will end. I am ready with hive assets and the bad thing is I don't have bitcoin in my hand. I think I have to start investing in bitcoin but because of many reasons, I have not started yet. I have some goals on the hive and without completing them, I can't do it. I have achieved only one goal yet which is the staking 100k sps token. Now my target is to 8 to 10k leo tokens staking as well as 10k hive power.
Part buying for bitcoin
After completing these goals, I will start part buying of bitcoin I know I am very late because I joined this market in 2017 but still I am not holding bitcoin. But I have a good amount of Splinterlands assets and now also focusing on Hive and Leo cryptocurrencies. So I am not walking the wrong path but Bitcoin is the leader of the crypto which is why we should have some Bitcoin (satoshi) in our wallets. don't forget to share this post and reblog it. I Will meet you in my next blog.
Thank you, everyone.
Lucky Ali
Image source
○_________________○___________________○
| 👇 | ||
|---|---|---|
 | Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested to learn new things and getting new experiences. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥ |
Posted Using LeoFinance Alpha
https://leofinance.io/threads/luckyali/re-leothreads-spzl7pqp
The rewards earned on this comment will go directly to the people ( luckyali ) sharing the post on LeoThreads,LikeTu,dBuzz.
Hmmm you going to buy bitcoin interesting o.o why not ETH
This post has been manually curated by @alokkumar121 from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.
Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @alokkumar121 by upvoting this comment and support the community by voting the posts made by @indiaunited..
This post received an extra 9.84% vote for delegating HP / holding IUC tokens.
Uhm, insightful
hmmm...U know I too in the market pulse 2017...although 2019-2020, I got fully crypto. Other than knowledge I not really got rich(: ha...
Anyway... I am not that much into Hive than writing and reading content, but I am staking or powering up for now, both Leo and Hive... and concentrating on crypting crypto articles.
Lots to monitor for me...anyway, I don't have time...but anyway. It's good you concentrate on Hive and are uptodate on developments else you will have small holdings of different assets and won't be able to monitor all of them...
goodday buddy... to tell you the truth, bear market is when that 31% tax in India came, can't trade only, can't live on crypto, so its like investment in long term.
USA has not introduce that 30% tax on BTC moners saying it will lead to exodus of miners from US shores, India should take a cue from that, sure!! Anyway