BTCUSDT - for everyone who no longer believes in cryptocurrency!

16 мар. 2020 г.

Good day to all crypto fans! Cryptocurrency scam?

First, let's do a SWOT analysis of the entire cryptocurrency market:

Strengths - S:
The fiat system is out of date. Economic development without systematic crises in the current environment is impossible.
The outdated banking system in the world requiring change.
The transition from an industrial economy to a postindustrial one requires more developed and instantaneous types of payments.
New instant settlement systems in which the human resource is minimally involved.
Great opportunities in arranging a person’s comfortable life.
An increase in the amount of benefits for people.
Passing the stage of initial implementation in the life of people with full initial denial and rejection, as something new.

Weaknesses - W
Market manipulation.
Lack of financial regulation.
The issue of cryptocurrency status has not been legally resolved worldwide.

Opportunities - O
Finding at the beginning of a new era and a radically new financial world order.
There is a high probability of the start of mass production of each of the countries of its own cryptocurrency on the platforms of existing cryptocurrencies. What will entail a rise in prices.
The gradual introduction and application in life of new cryptocurrency technologies.

Threats - T
High risk for traders and investors the loss of their funds due to the high volatility in the market.
A large number of scam projects (tokens).

I assumed that the market would become difficult and little predictable! I will attach a review on this topic below. 👇But these movements exceeded all my expectations. Should I forget about cryptocurrency as a scam or not? I think it’s not worth it — I conducted an analysis with justification above. We are at the beginning of a new path and cryptocurrency from our lives will not go anywhere. And in what form they will exist, time will tell. And do not forget that the shares of many of the largest companies in the world fell even more in this fall.

In the near future I expect the formation of a new bottom. Levels are shown on the chart.



Locally, the price moves in the channel and is near the upper border. It would be very nice to reduce volatility to a minimum, which will cause complete apathy for traders, and then make a strong shot up. Do not forget that at the top there are not closed gaps. And there the price will come necessarily, as well as it came to the lower ones.

Thanks to all my subscribers and readers for your attention! 🙏

Success and profit! 🤑

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Disclaimer!

I do not give entry and exit points.
I share with you my opinion and ideas, which may differ from yours.

For all legal issues related to your investment portfolio: manipulations on the exchange, which led to a loss of funds, a delay in depositing or withdrawing funds from the exchange, the theft of your funds from your wallet or from the exchange, signing of an agreement with a trader, etc. write in PM. Protect yourself and your investment portfolio.