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$BTC #bitcoin #BEARISH📉
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$DOT Why DOT is crashing? Will DOT go back to 7$ or reach 15$? Well, first of all. DOT is not crashing. Whole crypto market faced a decline due to less cash flow. The reason is Bitcoin Halving. I have made several post on this, so not gonna explain this time. There is another reason of this decline. As it’s clear that Bitcoin is the only weapon to break the USD and Euro dominance and say end to flat currency, the governments are trying hard to limit Bitcoin. How? USA government has captured many Bitcoin over the decades. They have a tons of Bitcoin on their hold. Now they are spreading news that they gonna sell them for USD. The plan is to increase USD value over Bitcoin. UK is taking same approach. They are trying to capture as many Bitcoin they can from their citizen and sell them agains GBP. European Union is heading to same direction. All they want is, make their currency world currency and make their orders the new world order. Honestly, there plan is as BS as their policy. This will have a short term impact, but eventually Bitcoin will reach its destination. Now, we all know, Bitcoin acts like an influencer in crypto world. When Bitcoin breaks ATH, it brings whole world’s attention to crypto world and eventually all good projects gets a cash flow boost. I can say, DOT will go 15+ in few months. Because their project is so good. So don’t worry! I even told purchased a large number of DOT yesterday. I have also purchased some very low hyped projects like IQ and RSR. I believe this projects will give much profit in 1-2 years. I also invested in #XRP, #TRX, #MANA . ETH and BTC I’m holding for long term. But I got more profits with less money by investing Alt coins. Now in this dip, I say you utilise your opportunity to buy at low rather than freaking out. Also, I announced some important updates on the crypto airdrop I promised. To find those post visit my profile. If you have inquiries on any specific project feel free to comment. I’ll post detailed analysis on most commented coin. -From @Salid -
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$BTC Why #BTC and all other crypto currencies has fallen? Well, you may think this was a usual fall as same happened recently when BTC failed to break its resistance point. You are completely wrong! The reason behind the fall market is Pre BTC Halving Effect… Let’s look at some data: 1st Bitcoin Halving: Date: November 28, 2012 Reward reduction: 50 BTC to 25 BTC Total Bitcoin supply: About 10.5 million Price 1 day before: Around $11 per BTC 2nd Bitcoin Halving: Date: July 9, 2016 Reward reduction: 25 BTC to 12.5 BTC Total Bitcoin supply: About 15.75 million Price 1 day before: Around $657 per BTC 3rd Bitcoin Halving: Date: May 11, 2020 Reward reduction: 12.5 BTC to 6.25 BTC Total Bitcoin supply: About 18.375 million Price 1 day before: Around $8,600 per BTC 4th Bitcoin Halving (Estimated): Date: April 19, 2024 Reward reduction: Expected from 6.25 BTC to 3.125 BTC Total Bitcoin supply (Estimated): About 19.6875 million Price 1 day before: Cannot be accurately predicted. I know it’s confusing. Let me explain.. How Bitcoin actually works? Well, Bitcoin haven’t started like current ETH based coins where the developers mint as many coin they want and start airdropping. BTC was programmed in a way, that if you need BTC you must mine it. Even the founder of Bitcoin, he also mined Bitcoin and stored in his wallet. The more the number of blocks in the network, the more complicated the mining process gets. Basically miners are behind all the transactions confirmation. If you haven’t read my post on Halving, I would suggest you to go and read all my post. I use most simple words to explain. The issue is, the founder knew, as technology will evolve, mining will be easier. So more and more people will start mining Bitcoin, so market supply will be increasing dramatically. So he decided to write a function that eventually reduces the rewards by half. So in feature, a point will came when the total supply will decrease instead of increasing. And the point is 21 million Bitcoin which will be the max supply of Bitcoin in lifetime. -From salid-
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True..
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