March 29, 2024

Now is a great time to buy cryptocurrency, this will not happen anymore

Now is a great time to buy cryptocurrency, this will not happen anymore

More than 47% of Bitcoin investors suffer losses at a rate of $5,600, reports the analytical service Intotheblock. About 12%holders purchased the coin at the current price, approximately 42% remain “in the black,” writes RBC Crypto.

Now is a great time to buy cryptocurrency, this will not happen anymore

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The situation of Ethereum investors is much worse. Currently, more than 83% of those who bought a coin at the current price are at a loss. And only 4% of Hodlers will make a profit if they sell their ETH stocks now.

Now is a great time to buy cryptocurrency, this will not happen anymore

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XenaExchange CEO Anton Kravchenko surethat digital coin holders should not panic and dispose of their assets. According to him, now, on the contrary, you should invest in bitcoin, because its price will no longer drop below $ 5000.

“Cryptocurrencies will definitely not depreciate, on the contrary, now is a great time to buy, which, most likely, will no longer be. I think that the last time we saw bitcoin for $ 5000 ... ", suggested Kravchenko.

He added that the sharp drop in the cost of digitalcoins occurred due to major players. They provoked a collapse in order to acquire assets before the upcoming rally, which will be supported by a halving, said the head of XenaExchange.

I am also confident in the future growth in the value of bitcoin.co-founder of the Garantex exchange Sergey Mendeleev. In his opinion, the first cryptocurrency “guaranteed” will be more expensive than $ 5000. However, holders need to be prepared for the fact that its rate may temporarily drop to $ 3,000 and below this level, the entrepreneur warned.

Recovery of the price of digital assets in the nearwaiting for time and the head of the corporate legal unit of the European Legal Service, Vladimir Annikov. He suggested that the upcoming cryptocurrency will be helped by the upcoming halving, the growth of trading in bitcoin options and the absence of negative phenomena for the industry.

A favorable factor may also beintentions to launch the Facebook Libra payment system, and possibly a similar project by Pavel Durov TON, Annikov said. He noted that a strong increase in the value of cryptocurrencies may occur closer to the new year. However, this will depend on how the market behaves at the beginning of the second half of the year, the expert said.

“Performance at the end of this year is highlythe beginning of the second half of the year: if the expectations of market experts come true, we will have a New Year rally. However, now this is not much to be believed in, since recently we have eaten up with expert forecasts that do not materialize., - Annikov is sure.

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