Who are the ones who turn the volatility in the cryptocurrency market into an opportunity?
Fear, uncertainty and doubt prevailed in the markets last week and this situation still continues. In general, it scares investors that Bitcoin will be destroyed or banned. Because of this, some investors became anxious and began to sell their investments in panic. The fear scenario launched in the cryptocurrency markets is being continued successfully. How long will this take and who is making a profit from it? Or is it really possible to destroy or ban Bitcoin?
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I would like to point out from the outset that it is not possible to stop or ban Bitcoin in today's world. Also, those who know about cryptocurrencies know that this is not possible. They've tried many bans in the past, but no government or institution has been successful. They also understood that this was not possible. Countries that understand this situation well have made cryptocurrencies legal in their own countries. But there are still governments that don't grasp this, but they will too.
Also, many wealthy people opposed cryptocurrencies but later changed their minds and even invested in Bitcoin. In short, it is never possible to ban Bitcoin, and this is ridiculous. Some individuals or institutions are pumping fear, uncertainty and doubt into the markets. They are doing this well right now, but it won't take long. They know it won't take long, too.
There has been an extreme volatility in the cryptocurrency markets for a few days and it still continues. Bitcoin (BTC), for example, has solid support at $ 42,000, but on the one hand it has sales requests around $ 45,000. That's why it has been fluctuating between $ 42,000 and $ 45,000 for a few days. A similar situation exists in many cryptocurrencies.
Right now, professional investors are buying at the Dip. In addition, I think it will be announced in the coming days that new institutional investors have invested in cryptocurrencies. Because they will seize this opportunity.
On the other hand, whales are actively trading in cryptocurrency markets. They hunt fish by buying from low and selling from high.
On the other hand, this is an opportunity for many professional traders to trade futures in times of volatility in the markets. Because think about it, Bitcoin (BTC) is constantly hovering between $ 42,000 and $ 45,000. Think about how many times an investor trades "Buy / Long or Sell / Short". Also, considering that leverage is made between x20 and x100. It can be seen that they are making incredible gains. This is a very risky trading method, never try it if you are not well versed.
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In short, if someone tells you that Bitcoin will disappear or be banned, never believe it. Because either they have no knowledge on this subject or they are scaring you to take away your investments. It is not possible to stop or ban Bitcoin and similar powerful cryptocurrencies. It will be of your benefit to research the assets you have invested in. Otherwise, you will be a vulnerable prey.
In summary, the volatility in the current cryptocurrency markets offers opportunities for those who are trading in the short term and those who are considering investing in the long term. I am one of those who prefer to invest in the long term.
Not : I have shown Futures as an example to explain who is making a profit. Never try it unless you have professional knowledge. Trading with leverage can bring a lot of profit as well as cause you to lose a lot.
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