After the new development of Ethereum, we thought its price would rise. But then the price of ethereum went down instead of going up. I think ethereum had the energy to grow to what we are seeing now. Its price has increased by more than $300 in the last few days. I expect it to cross $2K by this month.

Bitcoin already crossed $20,000. But the current market situation is not stable. As a result, the price of Bitcoin may fall back below $20,000. Because the crypto market is now bearish. But $20,000 is a strong resistance for Bitcoin. I think Bitcoin will not go down too much by breaking this resistance.

Just today I checked that bitcoin dominance is now 40.34%. During the current bear market, the total marketcap of all coins has decreased a lot. Bitcoin is no exception. But in this market condition, I think it is good to have bitcoin dominance above 40%. I expect bitcoin dominance to cross 60% during the next bullrun.

My first investment was Ethereum. I first bought Ethereum in 2017 during the bullrun. A few days later I made some profit by selling. After that I bought again in 2nd step and got some profit. I don't remember exactly how much total profit I made. But I was very impatient. I would have made more profit if I had held a little longer.

Week 06: 22 Oct - Oct 28
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Staking is a good means of passive income. Because staking can be a good way of passive income for those who are afraid of trading. But here the amount of profit is very less and also the risk is less. Income can be earned from staking in the current bear market. But before staking, you must have an idea about staking platform. It is better to do staking in stablecoin so that there is no loss in the up and down of the market.

Litecoin is a very good and trustworthy crypto coin. It is an old coin that still survives. Litecoin is currently undervalued. But in 2017 it was the top third coin. I think it will return to its previous position again. I still use this network. So those who have the ability can invest here.

When the market is down, we should think about how to keep our assets safe without thinking about our profit. When the market is down, one should not invest again, but if someone wants to invest for long term, they can. I convert my assets to stablecoins in the time of dump. But you can't panic at this time because if you panic you can make wrong decisions. Because the market is pumped after the dump.