Is it to 100 thousand?

We went back to the rise again to $ 20 thousand, as it rose about 6%, the Bitcoin returned again to this figure, which was a watershed point in the history of Bitcoin many times since 2017 until now, the number of $ 20 thousand was representative of Bear and Bull Market Therefore, we must not despair because we have been through all conditions.

Looking at the market in the current situation, it is currently positive, with the exception of some currencies that did not rise. Otherwise, the rise today ranged from 6 to 9%, starting with Bitcoin, which as we mentioned rose to reach 20 thousand dollars, and then continued to rise also with Ethereum, with a greater increase, reaching 9 % to reach $1150.

These changes in the market give us one result and I think we all know it and we are in a very volatile market in the short term so I am not a supporter of trading in the short term because it will be like playing dice where you will depend on your luck to get a profit As for long term trading or what we call Investing is the most appropriate.

Investing in cryptocurrencies based on the study of prices in the past and expectations of the price direction in the future, as well as studying the long-term trend of the chart gives us one impression, which is that the price is heading to the moon as usual.

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Investing...Choosing

The question on anyone's mind, whether in the field of cryptocurrency or not, is when?

When will the bitcoin reach $ 100 thousand, for example, and I think that the question here is wrong because the most appropriate question is will the bitcoin reach 100 thousand dollars? And I think you see that I guess if I answer yes, but with regard to the positive data that we have since the inception of Bitcoin, the answer is yes is the easiest answer and has a lot of justifications.

• First, since its inception, the bitcoin has been on a continuous rise since less than a dollar and until now 20 thousand dollars, and this period may include some decline, as is happening now, but on the big chart we have positive indicators.

• Secondly, since the inception of Bitcoin also, and it is a fixed number. For example, we did not find a Bitcoin miner, so that the number is 22 million, but we have a fixed number that more than 7 billion of the world’s population are competing for, which is constantly increasing.

• Third and most importantly, we are facing a decentralized network that no party can control, not through papers and laws, nor through owning 51% of Bitcoin. So my advice to you is hODL until the next Halving and you will be amazed.

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