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I think the upcoming ethereum merge may have a slight impact on the price of ethereum in the market, this will increase the demand for ethereum and reduce the Gwei fees. This increase in the value of ethereum is not expected as the market is currently moving in a bearish turn.Yes the price fluctuation will be there during the merge.
exactly fiat money is also going down. But my opinion and research says cryptos will recover the situation.Hello guys. I know we are all knowledgeable about the ongoing brutal war in Europe between Russia and Ukraine. Without venturing into the politics, what do you think the long term effect would be on crypto
I have read many opinions about war effect between Russia and Ukraine.
I think war will have effect at many elements.
If the war will continue for several months again, I think It will effect in crypto currency too.
But fiat money is the first, will have bad effect.
Inflation or etc.
Hopefully war will end, and we are in peace.
The newbies panick as crypto market is highly volatile. So seeing the price down drastically makes them this panick. But they do not know that the same thing happens if market goes up. If it goes up then it really goes up. So do not panick and understand the things.yes it could be one of the reason, the other thing is experience which matters a lot in this. So, with the time newbies will understand the psychology.
the market goes down I don't do much in buying and also in selling I hold when it goes down because it's only the value of the asset that goes down not the number of coinsThe very same thing is done by me. The fact is you need to understand the market very well and act accordingly. Never go for some words being said by someone who do not know anything about cryptos. Do not go for the hype.
Well I do think that cryptocurrencies will slowly mark up its place in the digital economy. I realized its benefits when I started accepting cryptos as payments in my business. The transactions made are faster and at minimal fees which has also increased the customer base.Agree I see crypto currency as the future asset for keeping the money safe. Cryptocurrency is a good investment and a good alternative for fiat payments. There are many popular exchanges that are not only allowing trading cryptos but can use their platforms to accept payments for businesses online like coinbase commerce, capital wallet and bitpay, a few well regulated exchanges known to me.
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