I think so. Exchanges are the best for trading. There are many exchanges in the crypto world. Binance is the best trading platform to me. I prefer to make trade in this platform. Besides, I also make trade in gate.IO, KuCoin, Kickex and some other platforms. I think binance is the most favorable platform to all. If we see the trade volume, we experience the largest volume goes to Binance platform.

There have some causes of Bitcoin price ups and downs. The general cause is the business cycle of the market where every price fluctuates with ups and downs. No price goes with straight line. In the present BTC price down, Chaina and Elon Musk are contributing largely. This situation will change very soon. BTC price will  come back again.

It is not impossible to reach 5k for ethereum. Etherum is considered the second powerful dominator of the crypto market. Investment on this field has largely increased. As the best altcoin ehtereum's value will surely increase highly. It is true that every price fluctuates in the market. So present fall of price is the part of that fluctuate. It will come again very soon and will also over come the highest limit.   

The ongoing big dip in the cryptocurrency market is going to be a part of cryptocurrency's history but I am sure this is not the biggest one and would probably just an ordinary one if taken from a long-term perspective. While old timers are just relaxing and just waiting for the market rebound, those who are new are the ones making some panic and that means that these people entered cryptocurrency with wrong expectations and without first learning the market they are getting into.

I am always surprised to hear people get shocked of the kind of volatility that crypto is offering to all and it is because this is not shocking at all. Just a mere review of cryptocurrency history will tell us that one of the biggest landmark of crypto is its ability to go down and up at a dramatic rate.

I totally support your opinion that market will have ups and downs. So present down turn of the market is a general matters and we hope it will come back soon. But many newbes are scares because they have lack of experience about the market. Many investors have invested for the profit but they are now in loss. That's why they are afraid about their fund. But I say, don't be afraid. Please hold and wait. You will see a green time soon.

We have noticed that Elon Musk is influencing the crypto market both positively and negatively. When he tweeted first about bitcoin, its price went up very fast. Gradually it touched 64k which was the highest for the bitcoin. But now is falling and falling. Why is it falling? Here Elon Musk is again responsible. But is surely a bad signal for market when one person is responsible for the whole. It is very much need to free the market from this impact. Otherwise many investors and traders will be bound to go out from the market.

It is not impossible to reach $100k for BTC within next few years. If we see the journey of reaching 64k of BTC, we will see that it has gradually walked towards upward. The way was not straight line but it touches every up stair  through ups and down. So I think, todays down turn of BTC is the signal to touch another up stair very soon.

You are always welcomed to share your opinion.

We see, the crypto market is always dominated by Bitcoin where other coins follow it. When BTC price was over 60k, altcoins price was at the pick. When BTC price decreased at 31k, all other coins went down at bottom and vise versa. Altcoins price is always dependent on Bitcoin price but Bitcoin price don’t follow others. Why altcoins are dependent variable to the crypto market? I think, altcoin market has largely developed in the last few years. Now it has many good coins. So to make the crypto market stronger, it should have some independent coins whose prices will not be affected by other’s price. It will follow itself.

What do you think?

Ehtereum is very popular coin. It has already covered the second largest area of the crypto market. I think it is the best altcoin. In the recent market fall, ehtereum price has also some what decreased. But it is temporary situation. It will come back very soon. It is the time to buy more and more and hold for future. Ethereum is the best opportunity for investors to make the investment safe and profitable. It is the really king of the market.