Many news has been published about the war between Ukraine and Russia, the unstoppable dollar inflation, and the amount of money that the pandemic has caused many countries to lose.
but on the other hand, more countries are accepting crypto in their transactions, more people are adopting them, even huge investors know that Bitcoin will be in the future of digital finances, but why Bitcoin and other Altcoins are still crashing in prices? Why is the volatility still so huge? There are many things I still don't understand but are still happening.
I'm sure that there is more good news than bad news around crypto, but the prices still dump to the bottom and don't recover quickly.
Bitcoin to 100k
This is a fact, Bitcoin will reach 100k, but we don't know when. The security and scalability that btc has will give value as it becomes scarcer each year. Young people who don't buy bitcoin today will regret it when they reach their 50's and still working without a retirement plan.
The only thing that is stopping the use of Bitcoin legally worldwide is because politicians are still working on regulations, taxes, etc. For many people crypto is too complicated, but the same thing happened when the internet was invented, people didn't like it, most of them were afraid of it, but at the end all the word accepted it and learned from it, now it made a substantial change on the society! The same will happen with cryptocurrencies!
So, even though I don't know what exactly is happening, I am still holding my assets. Maybe it isn't the right way to do it, but crypto has led me here and I'm not going to leave the ship yet
Tonio out
Not financial advice
Posted Using LeoFinance Beta
Yeah, regulations are coming too so it should be more security for regular investors. I think it's all connected to the idea of metaverse where digital currencies will be used. Buying stuff with the digital currency in the metaverse.