The main purpose of launching cryptocurrency (bitcoin) was to have faster, more secure, and less costly, peer-to-peer money transactions compared to central banks. But it's not the same.
At least a few banks have already developed their own cryptocurrency. A portion of the assets of some investment funds are placed in particular cryptocurrencies. The investment bank JPMorgan has just developed its own cryptocurrency, called JPM Coin, while the Reserve Bank of India is gradually working toward introducing its own Central Bank Digital Currency (CBDC). However, I think it is not a very good idea as banks will definitely impose a lot of rules, regulations, as well as high interest rates.

Being a crypto trader for years, if you look at the historical price charts, you will always notice September is a bearish market for crypto. The financial markets often has a terrible month in September. Similarly, the beginning of September can also be problematic for cryptocurrency investors as the sentiment of traders are negatively affected.

It depends on your personal preference whether you want to invest for a long time or trade for a short time. Both are good depending on your skills and strategy. As for me, I believe in HODLing. The core element of buy-and-hold investing is that when you hold onto an asset for a lengthy period of time, your investment risk is significantly reduced and you can earn good profits.

Those who are in the market for a short period of time and are mostly day trading, placing stop loss before each trade is absolutely necessary to avoid huge losses early in the game.

You should talk to some recovery experts about this. Implement it as soon as possible. because delaying reduces the chances of recovery.

The market is in a bear phase right now and that’s not a secret. Everyone knows about the condition and during such times if you try to show any project, you won’t get a good response. Simply wait for the market to recover and then take any step.

I believe that Solana has the potential to be the next Ethereum for several reasons. Solana is built on Rust, which is a very fast and secure programming language. This gives Solana a big advantage in terms of speed and security over Ethereum, which is built on a slower and less secure language.

Just hold your coins. We do n’t know how much the prices will go up. If you feel, you can’t bear further losses. You can sell them.