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.
If you have inquiries on any specific project feel free to comment. I'll post detailed analysis on most commented coin.
Bye!
